Cost of spill could be huge May 3, 2010 IT IS virtually impossible to say how much the oil spill in the Gulf of Mexico will cost BP in hard cash, but the damage to its reputation could be far greater. Analysts put the final clean-up cost somewhere between $2bn and $8bn, meaning it could dwarf the $3.8bn that Exxon eventually paid to clear up [...]
Downturn fuels a boom in the direct instruction of barristers November 30, 2010 I LIKE the culture of barristers’ chambers. The idea of walking into an aircraft hangar reception area at some City firm with modern art on the wall is maybe flaunting wealth too much these days.” This was the view of one in-house lawyer interviewed for a new study into “direct access” – clients instructing barristers [...]
The City’s top headhunter on why firms still need to recruit the best February 6, 2011 PERHAPS not surprisingly, Odgers Berndtson’s boss was in an upbeat mood when City A.M. visited him recently in his large office overlooking Hanover Square in the West End. Last year’s preliminary revenues had just come in: they are an improvement on the year before, always welcome news in the present environment. Richard Boggis-Rolfe, the privately-held [...]
The City’s top headhunter on why firms still need to recruit the best February 6, 2011 PERHAPS not surprisingly, Odgers Berndtson’s boss was in an upbeat mood when City A.M. visited him recently in his large office overlooking Hanover Square in the West End. Last year’s preliminary revenues had just come in: they are an improvement on the year before, always welcome news in the present environment. Richard Boggis-Rolfe, the privately-held [...]
CITY MOVES | WHO’S SWITCHING JOBS April 7, 2010 Nomura The Japanese investment bank has appointed Mikael Dahl as co-head of its Nordic investment banking team, based in London. Dahl was previously a partner at EQT Partners and brings with him over 20 years of investment banking experience. He previously worked at Citigroup/Salomon Brothers from 1994 to 2008, latterly as European co-head of the [...]
Demand surges for City accountants April 26, 2010 SURGING demand for accountants has driven growth in member and student numbers for the Association of Chartered Certified Accountants (ACCA), which now has a global membership of 140,000. The 6.5 per cent annual growth in ACCA members came as student numbers increased from 366,000 to 404,000 – a rise of 10.4 per cent. ACCA chief executive [...]
Cameron warns UK of tough times ahead May 11, 2010 ADDRESSING the country from the steps of Downing Street last night, David Cameron sounded every inch a one nation Conservative. There was none of the promise and hope that characterised Tony Blair’s first utterances as Prime Minister. Instead he offered Britain two things: a warning and a promise. “This is going to be hard and [...]
Brett Easton Ellis is back with a chilling seventh novel July 21, 2010 IMPERIAL BEDROOMS BY BRETT EASTON ELLIS PICADOR, £16.99 BY ZOE STRIMPEL ONCE part of the American literary brat pack of the 1980s that included Jay McInerney and Tama Janowitz, Ellis is in many ways the most intriguing and – thanks to his famed use of violence in 1991’s American Psycho, about Manhattan yuppie serial killer [...]
CITY MOVES | WHO’S SWITCHING JOBS May 25, 2010 Electra Private Equity Electra has appointed Colette Bowe as chairman after three years on the board. Bowe, an economist, began her career at the Department of Trade and Industry and then became chief executive of the Personal Investment Authority and chairman of European asset management at Robert Fleming. She is currently a board member at [...]
CITY MOVES | WHO’S SWITCHING JOBS May 25, 2010 Electra Private Equity Electra has appointed Colette Bowe as chairman after three years on the board. Bowe, an economist, began her career at the Department of Trade and Industry and then became chief executive of the Personal Investment Authority and chairman of European asset management at Robert Fleming. She is currently a board member at [...]