SPITALFIELDS MARKET: SEEKING OZ CLARKE OF THE REAL ALE SCENE May 12, 2010 REMEMBER that cushy job as a caretaker of a desert island that caused such a stir when it was advertised a year or so back? Well, The Capitalist might just have discovered an even more covetable role – at least for the beer-loving socialites of the City. Old Spitalfields Market is looking for someone to [...]
Lehman fee gives boost to PwC revenue September 6, 2009 THE worldwide accountancy giant PricewaterhouseCoopers saw its revenues creep up by less than half a per cent over the past year, thanks to a strong performance from its advisory business in turbulent economic conditions. Its results were boosted by £100m in revenues from the administration of Lehman Brothers’ European arm, after the bank failed last [...]
FOOTBALL-CRAZY PWC GETS STUCK IN ON ENGLAND’S WORLD CUP BID October 28, 2009 GOOD news for the multitude of football fans in the City: the team behind England’s bid to host the 2018 FIFA World Cup have secured themselves a powerful ally. PricewaterhouseCoopers, the accountancy giant, today announces it is the first sponsor to officially back the bid, responsible for working on crucial aspects of the proposal such [...]
CITY: LONDON IS LOSING ITS EDGE March 28, 2010 BRITAIN’S status as a leading global financial centre is under threat as the vast majority of the country’s financial services sector believe that the UK has lost the competitiveness that had turned the City into an international financial hub. According to the latest quarterly survey of the financial services sector by the Confederation for British [...]
CITY MOVES | WHO’S SWITCHING JOBS February 25, 2010 Rothschild Rothschild has appointed Mark Kary (pictured) and Helen Watson as managing directors in its private banking & trust division. Kary joins from Polar Capital Holdings where he was chief executive officer and prior to that he spent 19 years at Morgan Stanley. Watson also joins Rothschild from Morgan Stanley where she worked in the [...]
Baugur ends in liquidation February 7, 2010 THE UK arm of Icelandic retail investor Baugur has finally gone into voluntary liquidation, offering a glimmer of hope to its creditors and former employees. PricewaterhouseCoopers, which has looked after the group’s affairs since it collapsed a year ago, said it had recovered funds which would be distributed to unsecured lenders. PwC freed up £1.3m [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 6, 2010 FINANCIAL TIMES CROP SQUEEZE TO LIFT ORANGE JUICE PRICE The price of orange juice will rise in coming months as Brazil’s citrus crop, the world’s largest, sees its worst harvest in seven years because of bad weather and diseases, according to Cutrale of Brazil, the leading orange juice producer. Orange juice is a $20bn industry [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 6, 2010 FINANCIAL TIMES CROP SQUEEZE TO LIFT ORANGE JUICE PRICE The price of orange juice will rise in coming months as Brazil’s citrus crop, the world’s largest, sees its worst harvest in seven years because of bad weather and diseases, according to Cutrale of Brazil, the leading orange juice producer. Orange juice is a $20bn industry [...]
NOW IT’S HEDGE FUNDS THAT ARE DETERMINED TO DO GOD’S WORK March 21, 2010 ALL this chat about bankers “doing God’s work” is clearly catching on with the rest of the financial community. Across the gusty Atlantic blows word of a hedge fund set up by an Atlanta-based investor, Trebor Chase Brown, who has named his new baby after a particularly pious passage of the Bible. C3:23 Capital – [...]
CITY MOVES | WHO’S SWITCHING JOBS March 23, 2010 Ernst & Young Dawn Aloof has joined EY from rival PricewaterhouseCoopers, to lead its Europe, Middle East, India and Africa (EMEIA) financial services transaction integration practice. Aloof also previously spent 15 years at Barclays, where she was responsible for clients’ global operating strategy, planning and M&A operations. She is joined by four ex-PwC colleagues: Ari [...]