The Capitalist needs you: Get your Mo on the Go October 31, 2012 MIRROR, mirror on the wall, who has the fairest moustache of them all? The time has come once again for the gentlemen of the City to sprout fuzzy upper lips in aid of prostate cancer awareness in this month of Movember. It is only day one but already the Real Men at Deutsche Bank, Linklaters, [...]
The Capitalist needs you: Get your Mo on the Go October 31, 2012 MIRROR, mirror on the wall, who has the fairest moustache of them all? The time has come once again for the gentlemen of the City to sprout fuzzy upper lips in aid of prostate cancer awareness in this month of Movember. It is only day one but already the Real Men at Deutsche Bank, Linklaters, [...]
Who’s switching jobs October 4, 2012 Alliance Trust Savings The consumer finance division of Alliance Trust has appointed Patrick Mill as its new managing director. Mill has over 20 years’ experience in financial services, and has previously worked as sales director at Prudential and managing director of financial services at Bradford and Bingley. Linklaters Charles Clark has been appointed global knowledge [...]
Advisers BP’s tie-up with Rosneft October 22, 2012 A whole host of investment banks have been involved with the sale of BP’s stake in TNK-BP. Bank of America Merrill Lynch is a financial adviser to Rosneft, with Craig Kennedy, vice chairman of global energy and power at BAML, acting at the lead on the deal from BAML. He has been involved with the [...]
ING sells out to Barclays in UK retail bank exit October 9, 2012 ING Direct, the Dutch financial group, yesterday sold its £16.5bn mortgage and savings book to Barclays at a loss of £168m, as it bid farewell to the UK retail banking market. The deal, which is a major boost for Barclays’ retail base, will see Barclays take on 1.7m ING customer savings accounts with deposits of [...]
Top law firm profits smash through £5bn September 3, 2012 COMBINED profits at the UK’s 100 biggest law firms have topped £5bn for the first time, as the legal sector’s recovery continues to outpace the rest of the economy. Total billings by the UK’s 100 largest law firms hit £17.67bn in the 2011-12 financial year, sending profits eight per cent higher to £5.39bn, according to [...]
City Moves Who’s switching jobs September 2, 2012 Post Office The mail operator has announced that Sue Barton is to join the executive committee as strategy director. Barton’s experience includes extensive time within postal consultancy at Accenture, where she has worked with many of the leading international postal organisations providing support and advice. Laxfield Capital The debt origination and loan manager has announced [...]
Linklaters to make cuts to partner count December 8, 2011 MAGIC circle law firm Linklaters is planning cuts to its headcount that could see up to 35 equity partners leave in the next year, sparking fears a second round of redundancies could be about to hit the City. It follows confirmation last week that Allen & Overy is restarting its annual equity management – which [...]
LAW FIRM OF THE YEAR August 5, 2012 SINCE City A.M.’s last awards ceremony in 2011, the legal sector has undergone one of the biggest shake-ups in recent years with the introduction of the Legal Services Act. The introduction of Alternative Business Structures (ABS) on 3 January was a formal acknowledgment of the ripples of change that have been spreading across the legal [...]
CITY MOVES | WHO’S SWITCHING JOBS July 4, 2012 Psigma Psigma Investment Management has appointed Nina Krishna to the newly-created role of chief operating officer. She recently worked as chief operating officer for global banking, markets and private banking for HSBC in Dubai. Krishna has 30 years’ experience in the industry, and has held senior roles at JP Morgan, UBS. She started her career [...]