PROPERTY NEWS September 9, 2010 HAMPTONS RELEASES IPAD APPLICATION Hamptons International has this week become the first UK residental estate agent to launch an app for the iPad. The app allows you to view high-resolution photos and floorplans for properties and to pinpoint the location of properties on a full-screen map. You can also use GPS to search for properties [...]
PROPERTY NEWS September 9, 2010 HAMPTONS RELEASES IPAD APPLICATION Hamptons International has this week become the first UK residental estate agent to launch an app for the iPad. The app allows you to view high-resolution photos and floorplans for properties and to pinpoint the location of properties on a full-screen map. You can also use GPS to search for properties [...]
CITY MOVES | WHO’S SWITCHING JOBS September 16, 2010 Oppenheimer Investments Iain Morpeth, one of Clifford Chance’s most senior private equity lawyers, is joining the Swiss project financing adviser as its new chief operating officer, based in London. Morpeth has been at Clifford Chance for the past 23 years and specialises in the real estate sector. His track record includes advising on Meridian Delta [...]
ASK THE GURUS September 29, 2010 Negotiating can be tricky. Sometimes the nuclear option seems like the only weapon left, and Michael Geoghegan was recently reported by some to have threatened to leave HSBC unless he was made chief executive (something that the bank denies), though he didn’t get the job and is now leaving. But might threats be the way [...]
HSBC client pleads guilty at US tax evasion hearing February 16, 2010 A US client of London-based HSBC pleaded guilty to conspiracy yesterday in connection with assets stashed abroad to evade taxes, part of a widening crackdown on foreign banks and their customers. The plea is the first among the US government’s recent tax prosecutions that involves a major bank other than Swiss banking giant UBS. Last [...]
Surprise output rise aids stocks September 1, 2010 AN UNEXPECTED surge in manufacturing growth in two of the world’s largest economies yesterday soothed fears over the prospects for the global economy. The closely watched gauge of activity in US factories from the Institute for Supply Management defied expectations of a drop to jump to 56.3 last month from 55.5 in July, indicating the [...]
Surprise output rise aids stocks September 1, 2010 AN UNEXPECTED surge in manufacturing growth in two of the world’s largest economies yesterday soothed fears over the prospects for the global economy. The closely watched gauge of activity in US factories from the Institute for Supply Management defied expectations of a drop to jump to 56.3 last month from 55.5 in July, indicating the [...]
Autobar sold for €1.2bn to CVC Partners August 9, 2010 AUTOBAR, the food and drink vending machine operator, has become the latest asset to be passed between private equity players after CVC Capital Partners paid €1.2bn (£1bn) to take the business from Charterhouse. CVC will fund the deal with €650m of senior debt from Nomura, BNP Paribas, ING, Lloyds Banking Group and HSBC. Charterhouse is [...]
Chequing in with the best November 4, 2010 In a wonderful example of stating the obvious, the Office of Fair Trading yesterday published evidence that retail banking in Britain isn’t very competitive. For most people, that will probably come as no surprise. Though customer service has been getting better in almost every other industry, in retail banking limited weekend opening hours, unhelpful call [...]
Banks and miners pull FTSE lower September 21, 2010 Britain’s leading shares faltered by yesterday’s close as investors lost their nerve ahead of news from the US Federal Reserve, with banks and miners the biggest fallers. The Fed appears set to debate pumping billions of dollars more into the sluggish US economy, but is likely to hold off any action while it takes further [...]