How to find the next crop of cyber security experts February 22, 2012 Hacking group Anonymous rose from obscurity last year to become a household name. Earlier this month it intercepted a phone call between the FBI and UK police discussing, ironically, the fight against cyber crime. The audacious hack was the latest in a string of high profile attacks targeting governments, police forces and corporations across the [...]
CITY MOVES | WHO’S SWITCHING JOBS January 25, 2012 Smith & Williamson Laurence Bard has been appointed as a partner in Smith & Williamson’s accountancy and investment management group’s corporate tax team, based in London. He started his career at a Big Four accountancy firm, where he spent 15 years as a tax adviser. He then spent four years as an independent, working for [...]
Rothschild leads the way in weak restructuring market January 10, 2012 THE VALUE of distressed debt and bankruptcy restructuring in Europe, the Middle East and Africa (EMEA) fell by more than 40 per cent last year, according to new research. The total value of completed deals in the EMEA region hit $101.4bn (£65.5m), down 40.4 per cent on 2010, Thomson Reuters data shows. Rothschild topped the [...]
Axa sells off its Denplan branch December 20, 2011 AXA UK has agreed to sell dental insurance business Denplan to Simplyhealth for £115m. The deal is cash free and debt free and comes with certain add-ons. Denplan, which has 1.8m patients, is set to report pre-tax profits of £14.1m on revenue of £55.5m this year. Health cash plan provider Simplyhealth was seen as the [...]
Axa sells off its Denplan branch December 20, 2011 AXA UK has agreed to sell dental insurance business Denplan to Simplyhealth for £115m. The deal is cash free and debt free and comes with certain add-ons. Denplan, which has 1.8m patients, is set to report pre-tax profits of £14.1m on revenue of £55.5m this year. Health cash plan provider Simplyhealth was seen as the [...]
Last minute climate pact saves blushes December 11, 2011 POLITICIANS agreed a last minute pact yesterday to force the world’s biggest polluting countries to take action on greenhouse gas emissions – yet activists remain unimpressed, while businesses appear indifferent to the developments. A survey from PwC showed that indecision at international climate summits has paled in comparison with the effects on businesses from other [...]
Gloomy start at Davos for chief execs January 24, 2012 CONFIDENCE among chief executives has taken a battering in the past year, with just forty per cent of company bosses in Europe strongly believing that they will bring in any revenue growth this year, according to PricewaterhouseCoopers’ annual CEO survey published in Davos yesterday. The results are worst for Western Europe, where a mere quarter [...]
Jane Norman lenders ask PwC to find buyer June 5, 2011 HIGH STREET fashion chain Jane Norman has been put on the block by PwC at the request of its lending syndicate, a source familiar with the process said yesterday. PwC is thought to have sent out sale information on Jane Norman, which is majority owned by a group of 11 banks following the collapse of [...]
Jane Norman lenders ask PwC to find buyer June 5, 2011 HIGH STREET fashion chain Jane Norman has been put on the block by PwC at the request of its lending syndicate, a source familiar with the process said yesterday. PwC is thought to have sent out sale information on Jane Norman, which is majority owned by a group of 11 banks following the collapse of [...]
CITY MOVES | WHO’S SWITCHING JOBS January 16, 2012 Signia Wealth Signia Wealth has appointed Martin King as managing director to lead its new Birmingham office, which will serve ultra high net worth individuals in the West Midlands as part of CEO Nathalie Dauriac-Stoebe’s expansion plans for the business. King joins the wealth manager from UBS Wealth Management, where he founded the Midlands office [...]