High achievers look beyond red bricks August 17, 2010 TOMORROW is a date that thousands of families across England and Wales will have indelibly committed to memory. Far from being merely another summer’s day, Thursday 19 August 2010 is A-Level “results day”, a make-or-break day for the career and life plans of thousands of 17 and 18-year-olds. For many, results day will simply confirm [...]
Accountants back report by regulators June 30, 2010 ACCOUNTANTS say they are willing to consider whether the current audit model needs to evolve to meet changing market needs, following a recent report by the Financial Services Authority (FSA) saying that the profession had not been sceptical enough about the financial firms it audited in the run up to the banking crisis. The City [...]
THE CITY’S GOT TALENT: THE HUNKIEST GENTS IN FINANCE August 9, 2010 ANTHONY ASTBURY, GFI GROUP Environmental markets broker Anthony takes the crown in the second annual round-up of the City’s hunkiest gents, voted for by your good selves and judged by a panel of terribly dedicated City A.M.ers. A keen sportsman, who boxes, skis and plays football when he’s not jetting around Europe meeting clients, Anthony [...]
CITY MOVES | WHO’S SWITCHING JOBS August 3, 2010 PricewaterhouseCoopers The financial services firm has made a number of changes to its UK insurance group. Tim Edwards has joined as director, with immediate effect, after previously working for the Financial Services Authority. He will be responsible for assisting clients with the requirements of Solvency II. In addition, Paul Clarke has replaced Mark Batten as [...]
PwC buys consultancy November 24, 2009 PricewaterhouseCoopers (PwC) announced yesterday it has bought corporate performance management (CPM) business Paragon Consulting Group. Paragon has a staff of 90, with teams in the UK, Turkey, Singapore and Dubai. Over 40 staff have joined PwC in the UK. PwC described the acquisition as “an excellent strategic fit”.
JP Morgan Caz is City’s top adviser May 31, 2010 JP MORGAN Cazenove continues to lead the City’s broker adviser tables, according to the latest quarterly rankings from Hemscott. The company has 244 clients, a gain of three since the last quarter and more than double its nearest rival. Second-placed Numis Securities gained five new clients to bring the total to 118, closing the gap [...]
City workers succumb to football fever June 23, 2010 WITH the Budget out of the way in good time, the City’s thoughts yesterday turned to the beautiful game, and England’s crucial third group clash against Slovenia. As the crucial hour approached, bars and pubs filled to bursting point and the employees of more generous firms gathered in communal areas to watch Capello’s squad clinch [...]
Dubai Holding hires advisers May 9, 2010 Companies from Dubai Holding, a conglomerate owned by the emirate’s ruler, have hired advisers including Deloitte, KPMG and PwC as they consider a multibillion dollar debt restructuring.
WHAT THE OTHER PAPERS SAY THIS MORNING September 9, 2010 FINANCIAL TIMES TRICHET CALLS FOR TOUGHER EURO RULES Eurozone members that break the region’s rules on public finances should be excluded temporarily from Europe’s political decision-making, the president of the European Central Bank has proposed. The controversial suggestion by Jean-Claude Trichet would be part of a “quantum leap” in the governance of Europe’s 11-year old [...]
Baugur tycoon faces $2bn lawsuit from Glitnir team May 12, 2010 JÓN Ásgeir Jóhannesson, the Icelandic retail tycoon who once held stakes in House of Fraser and Hamleys, has been served with a $2bn (£1.3bn) lawsuit by the liquidators of failed bank Glitnir. Jóhannesson, who owned swathes of the UK high street through his now-collapsed firm Baugur, is accused of conspiring with Glitnir’s chief executive and chairman [...]