CITY MOVES | WHO’S SWITCHING JOBS July 25, 2012 Tullow Oil Anne Drinkwater has been appointed non-executive director at the oil and gas exploration group. She joins after a long career at BP, where she was most recently president and chief executive of BP Canada. Akbank Josef Ackermann has been appointed to the international advisory board of the Turkish bank. He will work alongside [...]
Far East buyers beware rush for London homes May 20, 2012 WHEN Hong Kong businessman Mr He paid a £35,000 deposit on a four-bedroom apartment in the UK, he believed it was a 40-minute walk from central London, his lawyer claims. In fact it was a 40-minute journey by high-speed train. The £350,000 home was in Lincolnshire. He sued the developer for misrepresentation last year, getting [...]
Far East buyers beware rush for London homes May 20, 2012 WHEN Hong Kong businessman Mr He paid a £35,000 deposit on a four-bedroom apartment in the UK, he believed it was a 40-minute walk from central London, his lawyer claims. In fact it was a 40-minute journey by high-speed train. The £350,000 home was in Lincolnshire. He sued the developer for misrepresentation last year, getting [...]
ADVISERS ROTHSCHILD May 3, 2012 JENNIFER YU HEAD OF GREATER CHINA BRIGHT Foods was advised by Rothschild and Linklaters’ teams in Britain and China. Rothschild’s team here was made up of Akeel Sachak, global head of consumer, Robert Plowman, Jessica Gretton and Abhishek Wahi. In China the deal was led by Jennifer Yu, Rothschild’s head of Greater China, and Ting-Jie [...]
Investors gain new power over bosses’ pay packets June 20, 2012 BUSINESS and investor groups yesterday welcomed plans to give shareholders binding votes on directors’ pay, which are intended to give firms’ owners a greater say in assessing business performance. Business secretary Vince Cable announced the plan, which is set to be in place by 2014, arguing “there is compelling evidence of a disconnect between pay [...]
CITY MOVES WHO’S SWITCHING JOBS July 1, 2012 Ogier The legal and fiduciary services group has appointed Aaron Le Cornu as group chief operating officer. Le Cornu joined Ogier in 2009 as group finance director, having spent the previous 10 years at HSBC. Additionally, Jamie Bore has been promoted to group financial director. He joined Ogier in 2009, and previously worked at IFG [...]
WHO’S SWITCHING JOBS June 26, 2012 Mayer Brown Andrew Block has been appointed as a partner in the pensions group of the law firm. He was previously a partner at Travers Smith, and started his legal career at Linklaters. Block acts in occupational pension scheme matters. He will be based in Mayer Brown’s London office. Manches The law firm has announced [...]
Aggreko wins a $250m power supply contract in South Africa June 6, 2012 BRITAIN’S Aggreko and its local joint-venture partner Shanduka Group will supply 107 megawatts of gas-fired power to Mozambique and South Africa, in a deal worth an estimated $250m (£161.5m). Countries in southern Africa have been struggling to meet fast-rising demand for power, with the next two years seen as particularly tight until new power plants [...]
END OF AN ERA AS CITY SAYS FAREWELL TO TOP LINKLATERS PARTNER September 22, 2011 IT WAS “hangover central” in the City yesterday, said one mole, thanks to some enthusiastic networking at the City A.M. awards that continued into the early hours of Thursday morning in the basement nightclub in the Grange Hotel at St Paul’s. However, the retirement party for Linklaters senior partner David Cheyne on the same evening [...]
Freshfields tops global advisers on M&A deals April 11, 2012 MAGIC circle law firm Freshfields Bruckhaus Deringer has come top of a list of global advisers on M&A deals for the first quarter of 2011, bolstered by its leading role advising Xstrata on a takeover bid by commodities giant Glencore. In the three months to 31 March, Freshfields advised on 39 deals worth a total [...]