City Moves for 23 September 2015 | Who’s switching jobs September 22, 2015 TAYLOR WESSINGThe law firm has announced the appointment of David McCluskey as a partner in its disputes and investigations team. He joins from Peters & Peters, where he was a partner in its business crime team. McCluskey acts for professional and corporate clients in business crime and regulatory investigations, and he recently successfully defended Fergus [...]
Amlin deal boosts share price and sterling September 9, 2015 SHARES in Amlin rocketed by 32.99 per cent yesterday, after the board of the Lloyd’s of London insurer recommended a £3.5bn offer by Japan’s Mitsui Sumitomo Insurance (MSI). Amlin revealed that MSI had offered 670p per share, a 36 per cent premium to Amlin’s closing price on Monday. Just two weeks ago Amlin boss Charles [...]
City Moves for 4 September 2015 | Who’s switching jobs September 3, 2015 EY Ajay Rawal has been appointed partner within the professional services firm’s financial services transaction advisory practice. He joins from Alvarez & Marsal, where he was a partner in its European financial industry advisory services group. Rawal has over 15 years’ experience consulting in financial services. LONDON Advertising Bruce Haines has been appointed chairman at [...]
Earnings drop at magic circle law firms as they fail to benefit from global M&A boom September 3, 2015 Britain's elite law firms failed to track the country's improving economy, reporting a combined turnover of £20.64bn, a one per cent drop in earnings from 2014. The number of lawyers employed by the largest 100 firms in the UK, has also fallen, down two per cent to 64,024, according to figures published by Legal Business [...]
BBC TV centre homes to go up for sale July 27, 2015 Homebuyers will soon be able to own a slice of TV history. Kasmira Jefford reports. THE scenery block at the former BBC Television centre in London’s White City is eerily quiet. For over 50 years the cavernous space used to bustle with carpenters and designers assembling sets for some of Britain’s best known programmes, including [...]
As David Cameron vows to crack down on corrupt foreigners buying London properties, can PM lift the shroud of secrecy? July 30, 2015 Prime Minister David Cameron grabbed headlines this week when he said: “There is no place for dirty money in Britain.” Vowing to remove a “shroud of secrecy” surrounding luxury London properties owned by offshore holding companies, the Prime Minister said in a speech in Singapore that the UK “must not become a safe haven for [...]
Tower Hamlets rejects British Land’s major Shoreditch Estate development in Norton Folgate July 22, 2015 Tower Hamlets has rejected planning permission for a major new development put forward by British Land. The council threw out proposals for the Norton Folgate scheme, otherwise known as the Shoreditch Estate, during last night's strategic development committee. Had it been successful, the development would have comprised 320,000 sq ft of office, residential [...]
Tube mayhem rocks London businesses August 6, 2015 Retailers and leisure companies in London are braced for a multi-million pound hit as Tube workers go on strike for the second time in a month. On the day of the last strike on 9 July, London shopping malls suffered a nine per cent drop in footfall compared with the same day last year, according [...]
City Moves for 13 July 2015 | Who’s switching jobs July 12, 2015 New Quadrant Partners The private client law firm has appointed Helen McGhee as a senior associate. She joins from Squire Patton Boggs. McGhee was recently named rising star at the LexisNexis Taxation Awards, and advises on all aspects of tax affairs. BMO Global Asset Management The investment management firm has announced the appointment of David [...]
City Moves for 18 September 2015 | Who’s switching jobs September 17, 2015 BNP PARIBAS INVESTMENT PARTNERS The asset manager has announced several appointments to its institutional business. Guy Williams becomes chief investment officer. He was formerly chief investment officer of the firm’s global fixed income affiliate Fischer, Francis, Trees & Watts (FFTW) Daniel Morris joins Williams’s team as senior investment strategist and Richard Barwell (pictured) joins as [...]