The billion pound money manager January 21, 2010 LIFE could have been different for Chris Oulton, but in 1982 he answered an advert at the back of the Saturday Telegraph, which offered an “unusual opportunity” to a bright young graduate. He applied and within weeks he had the job and was thrust into the world of commodity trading. He found himself working for [...]
EX-FA BOSS BARWICK LANDS NEW CITY ROLE January 27, 2010 SOMETHING of a coup for law firm Lewis Silkin yesterday, as it announced the appointment of former Football Association chief executive Brian Barwick as a consultant in its sports law team. Barwick, of course, departed the FA under a bit of a storm cloud back in 2008, after fans and commentators alike placed the blame [...]
CITY MOVES | WHO’S SWITCHING JOBS May 20, 2010 KPMG Kathryn Britten has joined the accountancy firm as a partner and chairman of its growing forensic practice. Britten has over 30 years of audit and accountancy experience and specialises in professional negligence and commercial dispute issues. She joins KPMG from rival BDO, where she has been the national head of their forensic accounting and [...]
CITY MOVES | WHO’S SWITCHING JOBS May 20, 2010 KPMG Kathryn Britten has joined the accountancy firm as a partner and chairman of its growing forensic practice. Britten has over 30 years of audit and accountancy experience and specialises in professional negligence and commercial dispute issues. She joins KPMG from rival BDO, where she has been the national head of their forensic accounting and [...]
The biker driving ideas in the City February 4, 2010 AFTER spending 10 years talking about the idea of starting his own economic consultancy in the pub with friends and colleagues, Danny Gabay decided to take the plunge. After a road trip around the US in a jeep (he’s also a keen biker), Fathom Consulting, an independent economic and financial market consultancy, was born. Gabay [...]
Green light for CO2 deal November 2, 2009 JP MORGAN subsidiary Carbon Acquisition Company’s £1.05 a share offer to acquire emissions trading group EcoSecurities has become wholly unconditional and is expected to complete during December. The deal has acceptances from investors representing more than 80 per cent of EcoSecurities’ share capital. Upon completion of the transaction, it is expected that EcoSecurities will operate [...]
JPM Cazenove tie-up created a force to be reckoned with November 15, 2009 WHEN US investment bank JP Morgan struck a deal to buy out half of Cazenove back in November 2004, many in the City felt it would be the beginning of the end, with the Queen’s stockbroker losing its reputation as a consummately professional independent dealmaker. In fact, quite the opposite has proved the case; despite [...]
JPM and Caz close to sealing a takeover deal October 18, 2009 UBS has completed its valuation of Cazenove and is expected to present a figure to JP Morgan, which is mulling a bid for the UK brokerage before the end of the year. JPM appointed Swiss investment bank UBS to execute the valuation, with a view to buying out Cazenove, with which it has a 50-50 [...]
New Look hires new chair as it prepares for an IPO December 3, 2009 HIGH STREET fashion chain New Look yesterday gave the strongest signal yet that it was preparing for a stock market flotation, by hiring City veteran John Gildersleeve as chairman. It is said that Gildersleeve will pocket a substantial “golden hello” to steer the company through its widely-expected IPO. Gildersleeve has previously chaired music group EMI [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 3, 2010 FINANCIAL TIMES AXA PUTS SPOTLESS UP FOR SALE Spotless, the French maker of laundry and cleaning products, could become the latest “pass-the-parcel” deal between private equity groups, after Axa Private Equity put it up for sale with a €600m-€700m price tag. A recent recovery in debt markets has encouraged private equity groups to become more [...]