IMF chief Christine Lagarde under investigation by French court August 27, 2014 International Monetary Fund managing director Christine Lagarde has been put under formal investigation on suspicion of "simple negligence" by a French court. Lagarde was questioned for 15 hours on Tuesday by the Court of Justice of the Republic over her involvement in a long-running political fraud case involving controversial French businessman Bernard Tapie, who was awarded [...]
Uber to be driven off track in Germany after court ban September 2, 2014 Worldwide cab firm Uber yesterday vowed to fight on in Germany after a court issued a temporary injunction against the app-based service, saying its drivers lacked the necessary commercial licences to pick up passengers. The ruling by Frankfurt regional court last week came after a challenge brought by the German taxi industry for non-compliance with [...]
Routemaster bus celebrated in Google doodle for 60-year anniversary September 24, 2014 London’s famous Routemaster bus is being celebrated in the form of a Google doodle after 60 years as an icon of the capital. The first ever Routemaster was unveiled on this day in 1954 at the Earl’s Court Commercial Motor Exhibition to replace the network of trolley buses across the capital ushering in a new [...]
Halliburton finally settles Gulf of Mexico lawsuits September 2, 2014 For those living in New Orleans and the cities around it, the six months between the blowout of the Deepwater Horizon well in the Gulf of Mexico well and it being declared officially "sealed" may have seemed like an age – but that was nothing compared to the length of the ensuing legal wrangles. Now [...]
How private are my emails? Not as private as you think October 19, 2014 Employers must respect the privacy of employees’ communications, but there are exceptions. You may think that private emails from private accounts, and private messages from private social media accounts, are just that – private. You may also think that your employer cannot discipline you for their contents. You may be wrong. The European Convention [...]
Why the relentless pursuit of youth is a terrible recruitment strategy November 8, 2014 As a culture we celebrate the ideal of youth. We invent names by which to define it – we talk about ‘millennials’ or ‘Gen x/y/z’ – and as employers we court it, using recruitment initiatives designed to vacuum up new talent. And, perhaps most visibly, we celebrate it in popular culture and politics. Of course [...]
The small job perks that can boost engagement December 4, 2014 Visitors to Dropbox’s office in the China Basin district of San Francisco are likely to be handed two things on entry: a name badge and a Razor scooter. Whizzing through the corridors of the 85,000 square foot space, they’ll come across a gym, tuck shops, a sprinkling of juice and coffee stations, a music room [...]
FCA chiefs Martin Wheatley and David Lawton cling on despite damning Davis report on insurance market fiasco December 10, 2014 City watchdog Martin Wheatley came in for criticism yesterday as the £3.8m Davis report on the regulator’s handling of media briefings was released to the public. The Financial Conduct Authority’s (FCA) chief executive will forgo his bonus for 2013-14 as a result of the findings, as will David Lawton, director of markets, Zitah McMillan, director [...]
City Moves for 21 August 2014 | Who’s switching jobs August 20, 2014 Investec Specialist Bank The bank has announced the appointment of Stefan Szczurowski to its fund finance team. He has worked in Investec’s corporate and acquisition team in Australia since 2009. Szczurowski won a bronze rowing medal at the Athens Olympics in 2004. Tavistock The corporate and financial communications consultancy has announced the appointment of Matt [...]
Focus On… The City: residential is finally taking off in the Square Mile September 5, 2014 When it comes to residential developments, the Square Mile has a bit of an image problem. The ancient financial heart of the City of London has been abuzz with business for 1,000 years and it’s still graced by some of the capital’s most impressive architecture. Around 370,000 people go there to work every day, but [...]