Solicitors have to become businesslike January 4, 2011 CROWE CLARK WHITEHILL There is a sense of pessimism about the future of the legal profession. The downturn has hit the law hard, with many City firms making redundancies, and it has triggered much debate about the future of such fundamental things as the partnership model and the fees structure. Add the fact that the [...]
Solicitors have to become businesslike January 4, 2011 CROWE CLARK WHITEHILL There is a sense of pessimism about the future of the legal profession. The downturn has hit the law hard, with many City firms making redundancies, and it has triggered much debate about the future of such fundamental things as the partnership model and the fees structure. Add the fact that the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 15, 2011 FINANCIAL TIMES BARCLAYS FORCED TO ADAPT COCOS BONUS PLAN Barclays has been forced to adapt its plans to pay bonuses for staff with a new financial instrument that has been hailed by regulators as a key tool for rebuilding the capital strength of banks. Bob Diamond, the UK bank’s new chief executive, had hoped to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 15, 2011 FINANCIAL TIMES BARCLAYS FORCED TO ADAPT COCOS BONUS PLAN Barclays has been forced to adapt its plans to pay bonuses for staff with a new financial instrument that has been hailed by regulators as a key tool for rebuilding the capital strength of banks. Bob Diamond, the UK bank’s new chief executive, had hoped to [...]
An SUV with a conscience January 25, 2011 Here’s Kia’s new Sportage, an SUV crossover that confirms the massive changes that SUVs have undergone over the last five years. An ugly, boxy, polluting gas guzzler this ain’t. In fact it’s not even a 4×4 (though there is an All-Wheel-Drive version). This one is 2WD and has Kia’s all new 1.7 CRDi 114bhp diesel [...]
CITY MOVES | WHO’S SWITCHING JOBS July 13, 2010 Barclays Corporate Barclays’ corporate banking arm has appointed Colin Nutt as a vice chairman with responsibility for its financial institutions business. Nutt, who was previously head of financial institutions at the bank, will be tasked with growing the business within the group, including exploring new opportunities among the Barclays Capital client base as part of [...]
Asian chief joins calls to switch Qatar World Cup to winter December 9, 2010 FURTHER ridicule has been heaped upon Fifa’s decision to award the World Cup to Qatar after one of Asian football’s top officials said there was “no way” the country could host a summer tournament. Qatar was last week picked to stage the tournament in 2022 but questions have been raised over whether the Middle Eastern [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 20, 2010 FINANCIAL TIMES JPMORGAN PUSHES ON WITH TALKS OVER BRAZILIAN HEDGE FUND JPMorgan Chase is pushing ahead with talks to buy a large Brazilian hedge fund and private equity group, in spite of impending US legislation designed to limit the involvement of commercial banks in such activities. People close to the situation said the US financial [...]
FTSE treads water as fears over European debts weigh December 16, 2010 BRITAIN’S top shares closed little changed yesterday as persistent concerns over Europe’s debt problems capped moves on the upside while BP fell after the US government launched a lawsuit over the Gulf oil spill. The FTSE 100 ended down 1.06 points at 5,881.12. The index ebbed away from an intra-day high of 5,907.10, with analysts [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 18, 2010 FINANCIAL TIMES MANDARINS TO BE OFFERED EARLY REDUNDANCY PAYOUTS Thousands of senior civil servants are being offered voluntary redundancy ahead of big cuts in their severance terms, sparking fears that some of Whitehall’s most talented officials could walk before the terms are reduced. The offers are less to do with the coalition’s plans to tackle [...]