Drugs giant AbbVie flicks privacy switch on corporate jet July 14, 2014 With market watchers eagerly awaiting news of a deal between Shire and AbbVie yesterday, AbbVie was taking no chances of progress being tracked by way of its corporate jet. There was literally a radio silence from the drugmaker, whose nine-passenger jet has been eagerly followed to chart the chances of a transatlantic takeover. [...]
Seedrs toasts French wine equity raising February 1, 2015 Seedrs, the popular London-based equity crowdfunding service, is breaking new ground this week with a French vineyard conducting its London stock market roadshow via the site. Domaine Chanzy will raise at least £1.9m selling shares at a price of 120p through Seedrs. The Seedrs roadshow is expected to run for four weeks from today, while [...]
City Moves for 03 February 2015 | Who’s switching jobs February 2, 2015 HIG Capital Riccardo Dallolio has been appointed managing director and co-head of European real estate at the private equity investment firm. He previously worked at Axa RE, where he was head of alternatives and special situations, and has also held roles at JP Morgan and Grove International Partners. Coutts The private bank has announced the [...]
City Moves for 29 January 2015 | Who’s switching jobs January 28, 2015 Octopus The fund manager has announced the appointment of Jose de Pablo as investment director to support its healthcare business. He joins from Colliers International, where he provided strategic and corporate finance advice to real estate funds, lenders and operators. Savills Mark Simms has been appointed director in the real estate adviser’s London-based retail team. [...]
FCA boss Martin Wheatley is right to say sorry at last – Editor’s Letter January 27, 2015 Martin Wheatley evokes a lot of hostility, rather than respect, from many of the senior figures in the London’s financial community. A few months ago one chief executive pulled me aside and blamed the City’s top regulator for costing London the flotation of Alibaba, the giant Chinese internet group. Wheatley’s crime, I was told, was [...]
City of London’s hot air balloon to make maiden voyage in Lake Havasu festival January 8, 2015 Knock, knock, which member of the Lord Mayor’s City of London team is most full of hot air? The hot air balloon, obviously! No, we didn’t know they had a hot air balloon either, but here it is and The Capitalist has discovered it will make its maiden flight in foreign airspace. The balloon, along [...]
Petroceltic boss Brian O’Cathain bites back after Worldview Capital repeats allegations February 9, 2015 Oil boss Brian O’Cathain, chief executive of Irish firm Petroceltic, last night hit back at activist shareholder Worldview Capital, which is calling for his resignation, and accused it of “trying to take over the company, but not at fair value”. The Swiss group issued a circular yesterday in which it claimed that Petroceltic will run [...]
City Moves for 27 February 2015 | Who’s switching jobs February 26, 2015 Octopus Investments The fund management firm has appointed Richard Wazacz as business line manager for venture capital trusts. He was formerly corporate development director for UK and Europe at Prudential. Wazacz has also held senior positions at Lloyds Banking Group. BLP The law firm has appointed Daniyal Ansari as partner in its real estate finance [...]
Party over for wine revellers as Vinopolis to close its cellar doors February 2, 2015 Vinopolis, the wine tasting and restaurant venue near London’s Borough Market, is to close its doors for good at the end of the year to make way for a new upmarket shopping development. The 2.3-acre centre, which sits under the Victorian railway arches of London Bridge, was founded 16 years ago as a centre for [...]
City Moves for 22 January 2015 | Who’s switching jobs January 21, 2015 CFA Institute The investment professionals’ body has appointed Paul Smith as president and chief executive. He was managing director for Asia-Pacific and global head of institutional partnerships at the CFA Institute. Smith has also held senior positions at Bank of Bermuda, HSBC, and Asia Alternative Asset Partners. Societe Generale Private Banking Eric Verleyen has been [...]