BANK CHIEF ‘OGRE’ GETS AN IMAGE OVERHAUL July 20, 2010 FAIRFAX chief executive Stefan Allesch-Taylor is on the blower following a story in this column yesterday about the boutique bank scouting around for a new investor – a move which could potentially usurp the big man’s family trust as the firm’s largest shareholder. Not that Allesch-Taylor’s particular beef is with the story itself, mind. He’s [...]
BANK CHIEF ‘OGRE’ GETS AN IMAGE OVERHAUL July 20, 2010 FAIRFAX chief executive Stefan Allesch-Taylor is on the blower following a story in this column yesterday about the boutique bank scouting around for a new investor – a move which could potentially usurp the big man’s family trust as the firm’s largest shareholder. Not that Allesch-Taylor’s particular beef is with the story itself, mind. He’s [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
BP’S FORMER RIVAL TESTING THE WATERS VIA THE USUAL CHANNELS June 13, 2010 JOHN Hofmeister, the former president of Shell, has been busy over the past few weeks, sticking his oar in to help former rival BP traverse the oil-slicked waters of the post-spill Gulf. Hofmeister has been a staunch proponent of using giant supertankers to suck up the oil for processing – arguing that the same system [...]
BAT shuffles top staff as chief exec Paul Adams retires June 24, 2010 BRITISH American Tobacco said its chief executive Paul Adams will retire next February, to be replaced by chief operating officer Nicandro Durante. The world’s second biggest cigarette-maker said yesterday 53-year-old Durante, who has worked for the company for 29 years, will take over as chief executive designate in September. A number of other staff shuffles [...]
BAT shuffles top staff as chief exec Paul Adams retires June 24, 2010 BRITISH American Tobacco said its chief executive Paul Adams will retire next February, to be replaced by chief operating officer Nicandro Durante. The world’s second biggest cigarette-maker said yesterday 53-year-old Durante, who has worked for the company for 29 years, will take over as chief executive designate in September. A number of other staff shuffles [...]
IBM’s $1.4bn move to buy software firm May 24, 2010 IBM plans to buy Sterling Commerce from AT&T for about $1.4bn (£970m) in cash, extending the technology behemoth’s portfolio of business software. The move comes amid a flurry of software acquisitions by International Business Machines, Oracle and SAP, as they look to sell a broad set of products and services to large corporations. IBM, led [...]
IBM’s $1.4bn move to buy software firm May 24, 2010 IBM plans to buy Sterling Commerce from AT&T for about $1.4bn (£970m) in cash, extending the technology behemoth’s portfolio of business software. The move comes amid a flurry of software acquisitions by International Business Machines, Oracle and SAP, as they look to sell a broad set of products and services to large corporations. IBM, led [...]
Capital Drilling makes a triumphant start to trading on the LSE official list June 7, 2010 EMERGING markets-focused mining group Capital Drilling yesterday saw its market value jump by over £6m on its first day of trading on the main list of the London Stock Exchange, as investors snapped up the stock. The firm listed at 61.5p a share but rose over the course of the day to close at 66p, [...]