From Nazi camps to freedom of the city January 20, 2015 Holocaust survivors Ben Helfgott and Sabina Miller yesterday received the Freedom of the City of London. Next Tuesday is Holocaust Memorial Day ■ Switzerland’S skies will be chock-a-block with private jets, big and small, as billionaires and world leaders swoop in to attend the annual World Economic Forum in Davos. The 1,700 jets expected are [...]
City Moves for 21 January 2015 | Who’s switching jobs January 20, 2015 IAG UK Fund Administration The fund administration services provider has appointed Alan Ross as commercial director. He joins from BNP Paribas, where he was senior sales manager for securities services. Ross has also held roles at BNY Mellon, Arjent Alternative Investments, FSL Services, and RBS. London & Capital Guy McGlashan has been appointed chief operating [...]
Mindfulness, robots and Will.I.Am: Eight things you need to know about Davos 2015 January 20, 2015 Caloo, calay: it's that time of year again, when leaders flock from the four corners of the globe to a smallish mountain town in the Swiss Alps, so they might wear ridiculous snow boots, slide over ice-covered streets in an undigified manner and generally discuss matters of grave world importance. For today, 2015's World Economic [...]
Big data bet shows promise for WANdisco boss David Richards January 19, 2015 WANDISCO, the Sheffield-based firm that specialises in big data products for companies, yesterday said its fourth quarter sales bookings rose eight per cent to $4.7m (£3.09m), boosted by growth in its big data business. Despite total bookings for the year rising 18 per cent to $17.4m, shares of loss-making WANdisco slumped 5.13 per cent to [...]
Swiss telecoms company to be listed by CVC January 14, 2015 FORMULA One owner CVC Capital Partners yesterday unveiled plans to list Swiss phone company Sunrise in Zurich, setting up Switzerland’s biggest float in nearly a decade. CVC plans to raise 1.35bn Swiss francs (£864m) by selling shares in the company to slash the telecom giant’s debt pile. The buyout giant, headquartered in London, bought Sunrise [...]
RBS shortlists international groups for Queen’s bank sale January 14, 2015 J SAFRA Sarasin and a consortium comprising Singapore’s DBS Group Holdings are among banks shortlisted for the second round sale process of Coutts International, people familiar with the matter said yesterday. The sale of the private bank of Royal Bank of Scotland has attracted about 10 suitors in the initial round, and could fetch about [...]
Ronaldo scoops third Ballon d’Or and targets Messi January 12, 2015 MESMERIC Real Madrid forward Cristiano Ronaldo set his sights on further world domination after last night being crowned Ballon D’Or champion for the second year in succession in Zurich. Portugal skipper Ronaldo received 37.66 per cent of all votes cast by international coaches, captains and media after scoring 56 goals in 51 club games during [...]
Eurozone bond purchases could still disappoint January 11, 2015 ECONOMISTS warn there is still room for disappointment regarding a new European government bond purchases – or quantitative easing (QE) – despite expectations that one is guaranteed in the near future. A ruling on a 2012 emergency government bond buying programme by the European Court of Justice – due on Wednesday – could lead to [...]
Chateau Gütsch: Journey to Lucerne, the ticking heart of watchmaking January 11, 2015 Overlooking Lucerne, Chateau Gütsch is a belle-epoque retreat with a horological secret. As a writer with a particular penchant for Swiss watchmaking, I probably use the term “chocolate box” far too frequently. Hard not to when describing a springtime visit to an atelier nestled in the verdant Jura foothills, surrounded by cows and their clanking [...]
Rock bottom rates might not rise until 2016 January 8, 2015 POLICY makers at the Bank of England kept interest rates at 0.5 per cent yesterday. The decision was widely expected as inflation is expected to fall further below the Bank’s two per cent target over the next few months. In December, inflation as measured by the annual change in the consumer price index was one [...]