City Moves for 05 February 2014 | Who’s switching jobs February 4, 2014 Trowers & Hamlins The law firm has announced the appointment of Simon Owen as a partner in its banking and finance division. He was most recently at Squire Sanders, where he was a partner in its banking team and head of its banking practice before the Squires merger. Julius Baer The private banking group has recruited [...]
City Moves for 4 February 2014 | Who’s switching jobs February 3, 2014 Baker & McKenzie The law firm has announced the appointment of Julian Thurston as a consultant in its global pharmaceutical and healthcare industry group. He was most recently at Morrison & Foerster, where he was a consultant and partner specialising in commercial life sciences transactions. Deutsche Asset & Wealth Management Barbara Rupf Bee has joined DeAWM as head of [...]
City Moves for 21 January 2014 | Who’s switching jobs January 20, 2014 PwC The professional services firm has hired Daniel Windhaus as a partner in its working capital team. He has over 15 years’ industry experience. Windaus formerly held roles at REL Consultancy and Alvarez & Marsal. Lambert Smith Hampton The commercial property consultancy has recruited Jonathan King as head of corporate advisory. King was most recently at [...]
City Moves for 16 January 2014 | Who’s switching jobs January 15, 2014 Seddons The law firm has recruited James Ward as a partner in its private client team. He was most recently at Lee Bolton Monier-Williams, where he was a partner in its private client division. HSBC Private Bank The private bank has made two senior appointments. Paul O’Donnell joins as head of UK domestic. He has over 25 [...]
Europe’s banks are losing share of M&A deals January 14, 2014 AS GLOBAL merger and acquisition activity looks like springing back into life after a six-year downturn, it’s worth noting that the likely benefactors among bank advisers to these mega deals are likely to be increasingly American. While the likes of Goldman Sachs, JP Morgan, Morgan Stanley and Bank of America Merrill Lynch find themselves set [...]
Mega deals have returned – but European banks are losing out to US rivals January 14, 2014 As global merger and acquisition activity springs back into life after a period of relative inertia, it's worth noting that the likely benefactors amongst bank advisers to these mega deals are likely to be increasingly American. While the likes of Goldman Sachs, JP Morgan, Morgan Stanley and Bank of America Merrill Lynch find themselves set [...]
City Moves for 19 December 2013 | Who’s switching jobs December 18, 2013 KPMG The professional services firm has hired Stephen Frost as head of diversity. He was formerly head of diversity and inclusion at the London Organising Committee of the Olympic and Paralympic Games from 2008 to 2012. Prior to that, Frost worked at Stonewall. Mizuho The securities and investment banking arm of the Mizuho Financial Group [...]
Smashing through the glass elevator December 16, 2013 Inga Beale will be first female chief executive of 325-year-old Lloyd’s of London market LLOYD’S of London yesterday appointed Inga Beale as its new chief executive – the first woman to be given the role in the insurance market’s 325 year history. Beale will take over from Richard Ward in the New Year, and joins [...]
Troubled RSA sees ratings put on negative watch by Fitch December 16, 2013 RATINGS agency Fitch has put RSA’s financial strength rating on negative watch after further concerns were raised about the insurer’s ability to maintain its position in the market. And Standard and Poor’s cut its credit rating on RSA and its core subsidiaries from A to A-, arguing that a series of profit warnings indicate management [...]
Lloyd’s insurer gets £600m Japanese offer December 16, 2013 ONE OF Lloyd’s of London’s biggest insurers is on the verge of being snapped up by a Japanese insurance giant, in a deal worth around £600m. Canopius Group, which is majority owned by UK private equity firm Bregal Capital, is in talks with Sompo Japan Insurance about the deal, which could be agreed as early [...]