Chelsea FC dumps City firm CWM FX, which is at the centre of police fraud raid March 25, 2015 Chelsea Football Club has ripped up its partnership agreement with a firm that was raided by the police’s fraud squad earlier this month, City A.M. understands. CWM FX became the Premier League club’s official online forex trading partner at the start of the year, as part of a spate of glamorous marketing deals aimed at [...]
City Moves for 02 March 2015 | Who’s switching jobs March 1, 2015 Newcourt Residential The luxury property developer has appointed Graham Weiss to its board as a non-executive director. He was previously managing director of Octagon Developments, and has over 30 years’ experience in the UK luxury property industry. Hitachi Capital (UK) The financial services firm has appointed Robert Gordon as chief executive. He joined Hitachi Capital [...]
City Moves for 10 March 2015 | Who’s switching jobs March 9, 2015 New Bridge Street The executive remuneration specialist has appointed Drew Matthews as partner. He joins from Tesco, where he was group reward director for the past three years. Matthews has also held consultancy roles at PwC, Deloitte, and Stern Stewart. Eaton Vance Management International David Morley has been appointed business development director, UK institutional at [...]
The answer to London’s housing crisis? 263 new towers could transform city’s skyline March 16, 2015 London's traditionally low-rise skyline is experiencing a boom in the number of tall buildings being built, with most of these residential as developers scramble to meet housing demand from the capital’s growing population. Research from think tank New London Architecture (NLA) and consultants GL Hearn shows 263 tall buildings over 20 storeys high are [...]
Veteran dealmaker Rupert Hume-Kendall calls time on City career at Bank of America Merrill Lynch April 22, 2015 One of London’s best-known investment bankers is bowing out after 18 years at Bank of America Merrill Lynch. Rupert Hume-Kendall, one of the best-known dealmakers in the City, is stepping down from his position as chairman of global corporate and investment banking for Europe, the Middle East and Africa at Bank of America Merrill Lynch. [...]
HSBC to move 1,000 jobs from Canary Wharf to Birmingham March 24, 2015 HSBC will move 1,000 jobs from its Canary Wharf headquarters to Birmingham from 2017, the bank said today. In a statement today, it added that the jobs will be head office roles at its ring-fenced bank. Under rules due to be set out by the Prudential Regulation Authority (PRA), banks must separate their "core" retail [...]
City Moves for 03 March 2015 | Who’s switching jobs March 2, 2015 Peel Hunt The broking, advisory and trading house has appointed Edward Knight as head of media in its corporate team. He has 15 years’ experience in equity capital markets and investment banking, and has held senior positions at Merrill Lynch and Morgan Stanley. Allen & Overy Matthias Baudisch has been appointed partner in the law [...]
‘It’ll be a Glastonbury but for sport and health’ May 27, 2015 British Athletics chief Niels de Vos has grand plans for Olympic Stadium and they start now BRITISH Athletics chief executive Niels de Vos is in no mood for understatement when discussing the importance of the Olympic Stadium to the future – the survival, even – of UK track and field. His organisation will take up [...]
Battersea Power Station’s stunning new office development March 9, 2015 Battersea Power station is the latest development in London vying to become the next must-have office space for businesses. The massive redevelopment of the area south of the Thames will incorporate more than one million sq ft of office space across the 42-acre which also hosts homes, restaurants, cafes, bars and boutiques. Six upper floors [...]
City Moves for 15 April 2015 | Who’s switching jobs April 14, 2015 Hastings Insurance The insurance firm has announced the appointment of Richard Hoskins as its group chief financial officer. He joins from AIG, where he was chief financial officer of its global commercial insurance business and the Americas region. Hoskins has also held roles at Aviva Group. Euler Hermes UK The credit insurance firm has appointed [...]