Tullett Prebon share price jumps as UK broker settles $100m poaching case with US rival BGC Partners January 13, 2015 One of business’s longest running disputes over staff poaching finally ended yesterday after British inter-dealer broker Tullett Prebon came out on top in its bitter five-year legal battle with US rival BGC Partners. Shares in the UK broker jumped eight per cent following news that the New York-based broker will pay Tullett $100m (£66m) to [...]
Violinist Mae banned for ski fiddle November 11, 2014 FORMER pop violinist Vanessa Mae has been banned from skiing for four years after it was found that her management had rigged races to ensure she qualified for this year’s Winter Olympics. British-raised Mae, 36, went on to compete as Vanessa Vanakorn for Thailand at the Sochi Games, where she finished last of 67 competitors [...]
City Moves for 04 December 2014 | Who’s switching jobs December 3, 2014 Cornerstone Real Estate Advisers The real estate investment manager has appointed Julian Gabriel as head of investment, Europe. He was formerly head of real estate at Doughty Hanson & Co Real Estate, and has also held senior positions at Citibank and Deutsche Bank. Morgan McKinley The recruiter has appointed David Leithead as managing director for [...]
BDO’s UK outfit records 27pc turnover boost November 18, 2014 The UK arm of international accountancy and advisory firm BDO yesterday announced a 27 per cent increase in turnover for the financial year ended 4 July. BDO saw its turnover grow to £384m. The firm also boosted operational profits by 42 per cent to £78m. The 2013/14 results were the first to reflect the company’s [...]
City Moves for 19 November 2014 | Who’s switching jobs November 18, 2014 Quinn Emanuel The business litigation firm has announced the appointment of Nick Marsh as a partner in its London office. A commercial litigator and international arbitration specialist, he joins from DLA Piper, where he was a member of its dispute resolution group. Morningstar Jeremy Beckwith has been appointed director of manager research in the UK [...]
City Moves for 13 November 2014 | Who’s switching jobs November 12, 2014 Pinsent Masons The law firm has announced the appointment of Meriam Alrashid as an international arbitration partner in its global construction practice in London. A fluent Arabic speaker, she joins from Crowell & Moring and has particular experience in the Middle East and North Africa. Hermes Investment Management Vincent Nobel has been appointed head of [...]
City Moves for 17 November 2014 | Who’s switching jobs November 16, 2014 Weightmans The law firm has announced the appointment of Nick Richards as partner in its large loss and technical insurance team in London. He was previously a partner at Morgan Cole, and has over 20 years’ experience handling EU cross-border and large loss claims. National Counties Building Society Cameron Amaira has been appointed head of [...]
City Moves for 09 September 2014 | Who’s switching jobs September 8, 2014 Lloyds Bank Madeleine McDougall has been appointed head of origination within Lloyds Bank Commercial Banking’s global corporate real estate business. She joins from Deutsche Pfandbriefbank, where she led its international client team in the UK. McDougall has also held roles at Eurohypo and Westimmo. EY Jason Lester has been appointed UK & Ireland managing partner [...]
Bumi heads to arbitration to recover funds from Roeslani December 5, 2013 FTSE 250-listed Bumi yesterday said it would go into arbitration in Singapore to recover $173m (£105.6m) from Rosan Roeslani, after the former director refused to return the funds. “He denies that he is in breach of those obligations and asserts that any outstanding liability to transfer any cash or assets under the Roeslani Agreement has [...]
Why your expense account could turn into a career-killer November 16, 2014 Don’t jeopardise your position by splurging on that plush hotel room. How tempting is it to claim on expenses for that extra round of champagne cocktails? Or what about expensing an extra night at the Shalimar after that, oh so tedious, conference? Or even booking a cab on the company account without approval? [...]