CITY MOVES | WHO’S SWITCHING JOBS April 14, 2010 FSSC The Financial Services Skills Council has appointed Trevor Matthews, the chief executive of Friends Provident, as its new chairman. Matthews joins a number of high-profile City bosses on the FSSC board, including Resolution Group chief executive John Tiner, Standard Life managing director John Gill, KPMG vice chairman Brendan Nelson, and Angela Knight, the chief [...]
Job market recovery will gather pace during year February 2, 2010 RECRUITMENT consultancies have signalled further growth in the number of staff appointments in January, as the UK job market continued its return to health. According to the latest Recruitment and Employment Confederation and KPMG report on jobs, published yesterday, the growth of permanent placements eased from December’s peak but remained strong. Temporary or contract staff [...]
What the other papers say this morning May 10, 2010 FINANCIAL TIMES ABN AMRO ADMITS SANCTIONS BREACH The former ABN Amro, now part of Royal Bank of Scotland, on Monday agreed to pay $500m (£337m) in fines as part of a settlement with the Department of Justice and admitted that it willfully and systematically violated US sanctions against Iran, Libya, the Sudan and Cuba. The [...]
UK high-speed rail network to cost £30bn March 11, 2010 PLANS to build a high-speed rail network connecting London with Northern Britain were revealed yesterday by transport secretary Andrew Adonis, in a project expected to cost £30bn. Adonis laid out his proposals for the 335 mile “Y” shaped line, which is expected to significantly cut travel time to the West Midlands, Leeds, Manchester and Sheffield [...]
KPMG warns Tories over plans for FSA August 19, 2009 BIG FOUR accountancy firm KPMG yesterday hit out at Tory shadow chancellor George Osborne’s plans to reform financial regulation, suggesting his pledge to scrap the Financial Services Authority (FSA) could be disastrous. KPMG’s head of regulatory services Marcus Sephton said the change could lead to the City treading water for 15 months as the transition [...]
KPMG warns Tories over plans for FSA August 19, 2009 BIG FOUR accountancy firm KPMG yesterday hit out at Tory shadow chancellor George Osborne’s plans to reform financial regulation, suggesting his pledge to scrap the Financial Services Authority (FSA) could be disastrous. KPMG’s head of regulatory services Marcus Sephton said the change could lead to the City treading water for 15 months as the transition [...]
Barnier set for key talks on his first London visit February 28, 2010 MICHEL Barnier will make his first trip to London this week as the newly appointed European Commissioner for the internal market and financial services in an attempt to reassure the City that he is a friend of “Anglo-Saxon” capitalism. The Commissioner’s appointment spooked the City back in December as the French President, Nicolas Sarkozy, used [...]
CITY MOVES | WHO’S SWITCHING JOBS February 22, 2010 KPMG The accountancy giant has appointed Michelle Quest as its new head of people in the UK, having spent the past 13 years of her career at the firm. Quest joined KPMG from Robson Rhodes in 1997 and became an M&A tax partner in the tax and people services practice in 2003. She takes over [...]
MAN FROM THE PRU IN SPOT OF PULP FRICTION May 20, 2010 SEASONED investors will be familiar with the mountain of paperwork that traditionally accompanies any City deal, but it does rather take the biscuit when recipients are actually forced to order waste-disposal skips in order to get the documents off their hands. Yet this, ladies and gents, is the position which stockbroker Charles Stanley finds itself, [...]
MAN FROM THE PRU IN SPOT OF PULP FRICTION May 20, 2010 SEASONED investors will be familiar with the mountain of paperwork that traditionally accompanies any City deal, but it does rather take the biscuit when recipients are actually forced to order waste-disposal skips in order to get the documents off their hands. Yet this, ladies and gents, is the position which stockbroker Charles Stanley finds itself, [...]