Trader who said he was too successful wins High Court case against SocGen March 25, 2010 A FORMER banker won a court case against his old employer yesterday, France’s Société Générale, after claiming millions of pounds for being dismissed for being “too successful”. Raphael Geys, who was a managing director of European fixed income sales for SocGen, won the case at the High Court in London, but the judge did not [...]
Theatreland’s most alluring oyster bar April 18, 2011 J SHEEKEY OYSTER BAR 28-32 St Martin’s Court, WC2N 4AL Tel: 020 7240 2565, j-sheekey.co.uk/oyster-bar FOOD SERVICE ATMOSPHERE Cost per person without wine: £35 OK, I admit it. We’ve got a bit of a Caprice Holdings love-in today – a review of the J Sheekey Oyster Bar and an interview with the Ivy’s director, below. [...]
EUROPE GETS ANOTHER SCROOGE: OSBORNE NOW JOINED BY MERKEL December 20, 2010 LAST time The Capitalist reported on the activities of Evolution Securities’ head of fixed income Gary Jenkins, he was fantasising about taking over ratings agencies and hiring Natalie Portman as his PA. He has been putting his wild imagination to other productive uses recently, it seems, churning out a re-imagining of Charles Dickens’ A Christmas [...]
Tullett Prebon comes out on top after bitter High Court battle with rival BGC March 18, 2010 INTER-dealer broker BGC Partners will have to pay damages and legal costs that could run into eight figures, after a High Court judge yesterday ruled it had unlawfully conspired to recruit ten brokers from rival Tullett Prebon. The ruling ends a bitter legal battle which has been raging for just short of a year between [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 24, 2011 FINANCIAL TIMES POLL SHOWS MAJORITY OF INVESTORS USE VOTES Almost eight in 10 UK institutional investors exercise their voting rights in all the companies in which they own shares, according to a survey by the Investment Management Association. The finding, in a report setting out the extent of shareholder involvement in the early days of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 24, 2011 FINANCIAL TIMES POLL SHOWS MAJORITY OF INVESTORS USE VOTES Almost eight in 10 UK institutional investors exercise their voting rights in all the companies in which they own shares, according to a survey by the Investment Management Association. The finding, in a report setting out the extent of shareholder involvement in the early days of [...]
Pension tax bill rule eased March 3, 2011 HIGH pension tax bills caused by a cut in the annual allowance for final salary pension schemes can be paid directly out of individuals’ pension schemes, Treasury financial secretary Mark Hoban said yesterday. The legislation will help high earners avoid the sting of a high tax bill in April when the annual allowance falls to [...]
IT’S A GAS FOR CLARE AT BANKER BRIEFING April 20, 2011 HOW can money be the same as gas? It’s a good question, and one that bankers were giving serious thought yesterday at a lunchtime talk at Clifford Chance by Clare Spottiswoode, member of the Independent Commission on Banking. The former gas regulator had been briefed to update 34 high-powered bankers, including Antony Jenkins, group chief [...]
IT’S A GAS FOR CLARE AT BANKER BRIEFING April 20, 2011 HOW can money be the same as gas? It’s a good question, and one that bankers were giving serious thought yesterday at a lunchtime talk at Clifford Chance by Clare Spottiswoode, member of the Independent Commission on Banking. The former gas regulator had been briefed to update 34 high-powered bankers, including Antony Jenkins, group chief [...]
Tribunals cost firms £1.6bn February 16, 2011 EMPLOYMENT tribunals cost UK businesses a staggering £1.6bn in 2010, according to new figures released today. According to Ambition, the global recruitment firm, just one in twenty HR professionals fully understands the employment tribunal process. That means the majority of firms – one in five – settle every single tribunal case before they get to court, even if [...]