Westwood is world’s best October 31, 2010 ENGLAND’S Lee Westwood is sitting on top of the world after ending Tiger Woods’ 281-week reign as top dog. Westwood becomes only the third Brit to head the rankings, along with Nick Faldo and Ian Woosman, and the first European to do so since Faldo 16 years ago. Westwood’s premier billing was under threat from [...]
The master of business buyouts December 2, 2010 IT WAS a huge day for Matthew Riley the founder of telecommunications company Daisy yesterday. He announced a £23.5m buyout of his competitor, NEG MBO Two Limited – a big deal particularly considering that just last week Daisy bought out SpiriTel Technologies for £30m. When asked about the deals Riley grins cheekily and says he’s [...]
Investors views: what’s hot this year January 6, 2011 2010 was a big year for entrepreneurs and small business. The success of the popular BBC television show Dragons’ Den combined with Prime Minister David Cameron’s call on Britain’s “doers and grafters” to save us from recession, which pushed the work of entrepreneurs up the news agenda. But however good your business model you are [...]
Ex-JPM Caz chief Kheraj joins Lazard October 13, 2010 FORMER JP Morgan Cazenove chief executive Naguib Kheraj has agreed to join Lazard as chief executive of its international business, which is chaired by Ken Costa. The surprise move came after widespread speculation in the City that Kheraj, who also held the finance director role at Barclays in the past, was among the top candidates [...]
McGeechan mulls Irvine’s Lions offer October 18, 2010 BRITISH and Irish Lions icon Sir Ian McGeechan has hinted he could be tempted to go back on his word and return for another stint as coach. McGeechan, a veteran of seven Lions tours, insisted after coaching in last year’s hard-fought expedition to South Africa that his long association with the team was at an [...]
A global approach to managing your wealth August 19, 2010 GOOD wealth management requires a holistic approach to your finances that coordinates everything from private banking to investments and even planning for retirement, ill-health and your children’s education. For expatriates, who may be constantly relocating, this is just as important and can be even more difficult to achieve. You don’t want to end up with [...]
HSBC hands chief £800k March 4, 2010 HSBC is to hand chief executive Michael Geoghegan an additional £800,000 a year for his move from London to Hong Kong. The bank boss will receive £300,000 in allowances on top of his salary for “family disruption” over the move, which does not include living expenses. Geoghegan will also receive a further estimated £500,000 for [...]
Daniels quits as Lloyds boss September 20, 2010 LLOYDS Banking Group chief executive Eric Daniels yesterday became the third UK banking boss to quit his position in just two weeks, during a turbulent time at the top of the industry. Lloyds said Daniels would retire in a year’s time, giving it time to conduct a thorough search for his successor both externally and [...]
Daniels quits as Lloyds boss September 20, 2010 LLOYDS Banking Group chief executive Eric Daniels yesterday became the third UK banking boss to quit his position in just two weeks, during a turbulent time at the top of the industry. Lloyds said Daniels would retire in a year’s time, giving it time to conduct a thorough search for his successor both externally and [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 12, 2010 FINANCIAL TIMES CREDIT SUISSE TO ISSUE COCOS EARLY Credit Suisse’s chief executive said he hoped to begin issuing billions of dollars in contingent-capital bonds in the next year to help shore up the bank’s financial strength well ahead of new Swiss regulations. Brady Dougan also defended Credit Suisse’s decision to award one-off payments to about [...]