Bank hate is exaggerated and simplistic August 3, 2009 IF WE are to believe most commentators, it is an outrage that Barclays and HSBC were able to report decent profits yesterday. The main reason, apparently, is that there are “fears” that lending remains too tight, and that the dreaded “bonus culture” will return. Needless to say, had the banks reported a collapse in earnings, [...]
Bank hate is exaggerated and simplistic August 3, 2009 IF WE are to believe most commentators, it is an outrage that Barclays and HSBC were able to report decent profits yesterday. The main reason, apparently, is that there are “fears” that lending remains too tight, and that the dreaded “bonus culture” will return. Needless to say, had the banks reported a collapse in earnings, [...]
Anderson lets rip as England bounce back November 29, 2009 CAPTAIN Andrew Strauss revealed how a dressing-room dust down inspired England to a tremendous seven-wicket success over South Africa at Port Elizabeth. Strauss lambasted his bowling attack after the comprehensive 112-run defeat to the Proteas in Cape Town on Friday. And it worked a treat as James Anderson’s career-best 5-23 led a stinging attack on [...]
ADVISERS May 20, 2009 LEADING the heavyweight team of advisers on the issue is property expert Alex Midgen of Rothschild, Shaftesbury’s main financial adviser. Rothschild has been advising the group for the past year, it said yesterday. Joint bookrunners are the well known pairing, JP Morgan Cazenove and Merrill Lynch. JP Morgan, which is corporate broker to 37 of [...]
ADVISERS May 20, 2009 LEADING the heavyweight team of advisers on the issue is property expert Alex Midgen of Rothschild, Shaftesbury’s main financial adviser. Rothschild has been advising the group for the past year, it said yesterday. Joint bookrunners are the well known pairing, JP Morgan Cazenove and Merrill Lynch. JP Morgan, which is corporate broker to 37 of [...]
ONE YEAR ON, FORMER LEHMAN STAFF SHARE THEIR EXPERIENCES WITH CITY A.M. September 14, 2009 BISHER ARMANAZII was working as a trader in structured indices derivatives in London when Lehman Brothers went under. I was at home on the Sunday and happened to turn on the TV to see the story that the bank would not be receiving a government bailout. I went straight to a bar with a couple [...]
ONE YEAR ON, FORMER LEHMAN STAFF SHARE THEIR EXPERIENCES WITH CITY A.M. September 14, 2009 BISHER ARMANAZII was working as a trader in structured indices derivatives in London when Lehman Brothers went under. I was at home on the Sunday and happened to turn on the TV to see the story that the bank would not be receiving a government bailout. I went straight to a bar with a couple [...]
Wall Street books impressive gains July 15, 2009 US stocks jumped yesterday with the S&P 500 racking up its three best days since March, sparked by results from bellwether Intel that lifted hopes for a rebound in technology spending and improved corporate profitability. The broad S&P 500 has gained 6.1 per cent so far this week as companies, including Intel and Goldman Sachs, [...]
PWC BOYS SWAP THEIR DESKS FOR A DASHBOARD AND HIT THE STANS July 19, 2009 AS YOU reluctantly get your engine running on this Monday morning, spare a though for Tom Henry and Simon Todd of Pricewaterhouse Coopers’ London Assurance team who are in the early stages of a long and gruelling 10,000km drive from London to Ulaanbaatar, Mongolia. Because yesterday the PwC team swapped their desks for the dashboard [...]
PWC BOYS SWAP THEIR DESKS FOR A DASHBOARD AND HIT THE STANS July 19, 2009 AS YOU reluctantly get your engine running on this Monday morning, spare a though for Tom Henry and Simon Todd of Pricewaterhouse Coopers’ London Assurance team who are in the early stages of a long and gruelling 10,000km drive from London to Ulaanbaatar, Mongolia. Because yesterday the PwC team swapped their desks for the dashboard [...]