The big trends in hiring and how they affect you April 18, 2012 RICHARD JOHNSON INSURANCE: The insurance recruitment market remains buoyant, with a continuous requirement for finance, risk and compliance professionals at all salary levels. The sector has been the subject of significant recent regulatory change, through the well publicised Solvency II requirements, new products, new insurance companies, a constant flow of mergers and acquisition activity, growth [...]
CITY MOVES | WHO’S SWITCHING JOBS November 8, 2011 Cushman & Wakefield The property consultant has appointed business consulting real estate executive Neil McLocklin as a partner and head of its EMEA business consulting group, based in London. He joins from Capita Symonds, where he was director of consultancy and advisory services. In addition, Elizaveta Shaforostova will transfer to the London team from C&M’s [...]
You can check out anytime – but can the clients follow? April 4, 2012 WOULD the City be better if it was more like California? Obviously, the sunshine and beaches would be nice. But what about the Golden State’s employment law? Restrictive covenants (RC) are contracts that many people in the City sign when they start a job, which tell them what they can and can’t do when they [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 21, 2011 FINANCIAL TIMES EX-LEHMAN CHIEF TO RUN SPAIN’S ECONOMY Spain’s new government has placed the economy in the hands of Luis de Guindos, former head of Lehman Brothers in Spain, as Mariano Rajoy, the prime minister, seeks to return the country to growth while embarking on a programme of budgetary austerity. As finance minister, Mr de [...]
Supplier saves 4,500 jobs at Clinton Cards June 7, 2012 THE REMAINS of the high street chain Clinton Cards were bought out of administration yesterday by an American cards company, in a deal expected to safeguard 4,500 jobs. Administrator Zolfo Cooper confirmed yesterday that American Greetings, one of Clinton’s biggest suppliers, had paid $37m (£24m) to buy the ailing retailer’s brand and assets including 397 [...]
Banks plot to sue EU over bonuses April 17, 2012 Banks have hired lawyers to look into suing the EU if Brussels imposes new restrictions on bonuses that they say would wreck their businesses, City A.M. has learned. The Association for Financial Markets in Europe (AFME), an industry group representing banks across the continent, has brought in top law firm Clifford Chance to see whether [...]
Cameron’s cabinet reshuffle is taking shape September 4, 2012 YESTERDAY’S reshuffle left the great offices of state untouched but the changes David Cameron made to his cabinet provide an insight into the Prime Minister’s plans for the second half of this government. He has turned to trusted allies, with aides saying the focus is on ensuring government policies pass into legislation within the timeframe of [...]
It’s not just lawyers who prosper in law March 14, 2012 LAW is bigger business than ever. Freshfields employs 5,000 people and has twenty-seven offices in sixteen countries. Linklaters also has twenty-seven offices in twenty countries. Its revenues in 2010-11 were £1.2bn. Of course, this is good news for lawyers. But non-lawyers work for law firms too. Of Freshfields’ 5,000 staff members, 2,000 are business services [...]
Meet this year’s judging panel May 7, 2012 Once again the judging panel for the City A.M. awards brings together some of the best known and brightest minds in the City. Our already excellent panel is this year joined by Katherine Garrett-Cox, chief executive of Alliance Trust. ALLISTER HEATH Allister, editor of City A.M., chairs the judging session. Last year’s session lasted nearly [...]
Graduates face earnings slump April 15, 2012 AFTER being battered by high tuition fees and soaring youth unemployment, new figures out today show young people are set to suffer further as real graduate pay falls to its lowest level in almost a decade. Starting salaries for university leavers are unchanged this year at an average of £25,000, a significant fall once rising [...]