City minister Harriett Baldwin wants financial services to secure economic recovery – but not at the expense of trust June 30, 2015 Economic Secretary to the Treasury Harriett Baldwin said she wants the UK to retain a "globally competitive finance sector", but added that it must also focus on building trust. Financial services are "visibly successful", contributing to economic growth at a high level, she said. Her vision for the sector, however, is for it to play [...]
These are the FinTech startups being backed by Citi May 29, 2015 Four FinTech startups have won $100,000 (£65,400) backing from Citi after a search for new technology and innovation to transform banking and business. London-based Swave, an app that encourages users to monitor spending and make saving easier, trading platform Trade It, a supply chain solution created by Umati Capital and textbook subscription app Kytabu were [...]
City Moves for 25 June 2015 | Who’s switching jobs June 24, 2015 Nexus CIFS The trade credit insurer has announced the appointment of two commercial underwriters. Gavin Brown joins from Euler Hermes UK, where he has been working since 2006, most recently as an account manager. Philip Oldfield (pictured) has held roles at Aon and Amlin Credit. Artemis Ed Legget is joining the investment management firm to [...]
City Moves for 06 May 2015 | Who’s switching jobs May 5, 2015 Cavendish Corporate Finance The sell-side advisory firm has appointed four people to its corporate finance team. Kate Gribbon (pictured) joins as associate director from Deloitte Corporate Finance, where she worked in its consumer business M&A advisory team. David Harris joins as senior researcher from PwC, where he worked in M&A research. Victoria Clarke joins as [...]
Why corporate culture fads don’t work June 18, 2015 Flat organisations may inspire creativity, but they’ll quickly deflate if staff feel directionless. There are certainly advantages to open, forward-thinking corporate cultures. Mark Zuckerberg hosts weekly Q&A sessions with Facebook staff. Richard Branson has offered unlimited holiday to employees in London, New York and Geneva. These are motivating ideas, but back in the office, [...]
City Moves for 28 April 2015 | Who’s switching jobs April 27, 2015 Saffery Champness Liz Hazell has been appointed head of the accountancy firm’s not-for-profit group. She has more than 20 years’ experience working in the sector and, before joining Saffery Champness last year, Hazell was head of charities at PwC. Freshfields Bruckhaus Deringer The law firm has announced that Jennifer Bethlehem and Piers Prichard Jones have [...]
Working lunch in the City: Darwin Brasserie, Walkie-Talkie Sky Garden June 9, 2015 Our guide to the best places to eat during office hours in the City. WHAT? In the Sky Garden at the top of the Walkie-Talkie there’s a café, a fine-dining restaurant and this: a mid-to-high end eatery selling all the things we’ve come to expect from places with the word “brasserie” in the name: [...]
City Moves for 21 May 2015 | Who’s switching jobs May 20, 2015 LDC The private equity investor has appointed Simon Adcock as a portfolio director. Adcock, a qualified accountant with nearly 20 years of big four advisory experience, joins from Deloitte, where he was regional head of its corporate advisory business. He began his career at KPMG. Duff & Phelps The valuation and corporate finance adviser has [...]
City Moves for 20 May 2015 | Who’s switching jobs May 19, 2015 EY The professional services firm has appointed Andrew Penny as senior advisor to its real estate corporate finance team. Penny has a wide range of experience, and was formerly global co-head of real estate investment banking at JP Morgan. National Counties Building Society Rodger Hughes has been appointed chairman of the Epsom-based building society. He [...]
City Matters: Business must stand up and be counted – and put the facts into the EU debate November 9, 2014 OVER the last few weeks, I have had the opportunity to discuss the political situation in Britain, and the state of Britain’s relations with the EU, with business and political leaders in both Brussels and London. It is no exaggeration to say that there has never been such concern in business about politics. This is [...]