Queen and Prince Philip inspect Bank of England’s gold stash December 13, 2012 WHEN they weren’t making insightful observations on the state of the UK’s financial regulation yesterday, The Queen and His Royal Highness The Duke of Edinburgh seemed to enjoy the rest of their visit to the vaults of the Bank of England yesterday. As tradition dictates, the Queen and Prince Philip both signed an unissued £1m [...]
2012’s seven best Women in the City October 31, 2012 THE Museum of London Docklands was the venue for this year’s Woman of Achievement Awards, where ladies from around the City gathered in Canary Wharf to find out who had been chosen as one of the seven winners. In no particular order they included Heather Dixon at American Express for accountancy, Accenture’s Emma McGuigan for [...]
2012’s seven best Women in the City October 31, 2012 THE Museum of London Docklands was the venue for this year’s Woman of Achievement Awards, where ladies from around the City gathered in Canary Wharf to find out who had been chosen as one of the seven winners. In no particular order they included Heather Dixon at American Express for accountancy, Accenture’s Emma McGuigan for [...]
London Report: More details of Carney’s policy change are due August 11, 2013 AFTER Bank of England governor Mark Carney’s landmark forward guidance announcement last Wednesday, documents released this week should provide more clues as to how the new policies were agreed. The minutes from the monetary policy committee’s latest meeting, due on Wednesday, are likely to hint at a divide among the members over how comprehensive the [...]
Lord Mayor’s flotilla is back on the river November 11, 2012 THIS weekend saw the annual Lord Mayor’s Show grace the City yet again. Thousands gave the warmest of welcomes to the 685th Lord Mayor of London, Roger Gifford, on his first full day in office. Gifford is UK head of Swedish bank SEB. He officially took over the mayoral role from the much-loved Lord Mayor [...]
Hoare Govett owner Jefferies sold in $3.6bn share deal November 12, 2012 INVESTMENT bank Jefferies, owner of UK corporate broker Hoare Govett, yesterday said it will merge with one of its largest shareholders, US holding group Leucadia National Corporation, in a deal valued at $3.6bn (£2.9bn). The bank, which has its European headquarters in the City, has agreed to approve an all share deal giving shareholders 0.81 [...]
London Report: Housing pickup sparks rise in blue chip stocks August 13, 2013 F RESH signs of a recovery in the UK housing sector helped nudge Britain’s benchmark share index higher yesterday, with several traders expecting more minor gains over the coming month. The blue-chip FTSE 100 index closed up 0.6 per cent, or 37.60 points, at 6,611.94 points. A survey by the Royal Institution of Chartered Surveyors [...]
CITY MOVES | WHO’S SWITCHING JOBS June 7, 2012 Marsh & McLennan Mark Weil has joined the insurance broker and risk adviser as chief executive. He will oversee Marsh’s UK and Ireland operations. Weil graduated from the University of Cambridge with an engineering degree and has 15 years of consulting experience with Marsh’s sister company Oliver Wyman. Eruma Nicolas Marks has joined the specialist [...]
Bonkers for bankers? All in favour say Aye October 10, 2012 “LONDON should love its bankers” was the motion debated at the Royal Geographical Society on Tuesday evening. Over 700 City folk, plus literary man Sebastian Faulks, headed west to Kensington to hear the Ayes and the Nays have it out. Speaking for the motion were Anthony Fry, chairman of Espirito Santo, and ex-Goldman bigwig Jennifer [...]
Bonkers for bankers? All in favour say Aye October 10, 2012 “LONDON should love its bankers” was the motion debated at the Royal Geographical Society on Tuesday evening. Over 700 City folk, plus literary man Sebastian Faulks, headed west to Kensington to hear the Ayes and the Nays have it out. Speaking for the motion were Anthony Fry, chairman of Espirito Santo, and ex-Goldman bigwig Jennifer [...]