CITY MOVES | WHO’S SWITCHING JOBS March 23, 2010 Ernst & Young Dawn Aloof has joined EY from rival PricewaterhouseCoopers, to lead its Europe, Middle East, India and Africa (EMEIA) financial services transaction integration practice. Aloof also previously spent 15 years at Barclays, where she was responsible for clients’ global operating strategy, planning and M&A operations. She is joined by four ex-PwC colleagues: Ari [...]
CITY MOVES | WHO’S SWITCHING JOBS March 10, 2010 Reed Smith The law firm has hired advertising law expert Marina Palomba to its partnership. Palomba joins the firm’s advertising group in London from the Institute of Practitioners in Advertising (IPA), where she has been legal director for eight years, advising all the main agencies in the UK including M&C Saatchi, Abbott Mead Vickers and [...]
Bank body slams funds directive February 3, 2010 AN influential body backed by the Bank of England has warned that EU plans to regulate hedge funds and private equity could cause chaos. The Financial Markets Law Committee (FMLC), whose members include partners from Linklaters and Clifford Chance, said the Alternative Investment Fund Managers (AIFM) directive was riddled with ambiguities. Central concepts such as [...]
How Herbert Smith’s new boss will take on the big boys of global law May 16, 2010 THIS WEEK Jonathan Scott takes up his five-year post as senior partner for venerable City law firm Herbert Smith, and many observers bet that somewhere on the desk of his fourth floor office at the practice’s Primrose Street headquarters there is an A4 sheet of paper with just two words on it – overseas expansion. [...]
CAUGHT IN THE THROES OF A NIGHT OF PASSION March 10, 2010 AS AN elite bunch of the City’s most successful ladies and gentlemen left the Mansion House last night after a fundraising “Passion and Performance” evening hosted by Lord Mayor Nick Anstee, they should have been justifiably proud. For between just 320 guests from blue-blooded institutions such as Barclays, Accenture, Linklaters, HSBC, RBS, Lloyds Banking Group, [...]
Fee income at top legal firms dives January 14, 2010 INCOME at the UK’s top ten law firms plunged more than 10.5 per cent in their second quarter (Q2), compared with the previous year, new figures show. The poor results for 2009 Q2 were reflected across the industry, with the top 100 firms dropping 5.7 per cent. Firms including Allen & Overy and Linklaters reported [...]
CITY MOVES | WHO’S SWITCHING JOBS February 9, 2010 ING Real Estate The investment management company has appointed Mike Evans, the chairman of stockbroker Hargreaves Lansdown, as a new non-executive director. Evans has held an advisory role with ING for over three years. He also recently completed a two-year stint as director of life assurance at law firm Pinsent Masons and originally spent almost [...]
CITY MOVES | WHO’S SWITCHING JOBS February 2, 2010 Jupiter The asset manager has appointed John Chatfeild-Roberts as chief investment officer. Chatfeild-Roberts joined the firm in 2001 as head of the Jupiter Merlin fund of funds team, a role in which he will continue. Since 2000, Edward Bonham Carter has combined the chief investment officer role with his position as chief executive of Jupiter. [...]
CITY MOVES | WHO’S SWITCHING JOBS January 21, 2010 Berwin Leighton Paisner The law firm has appointed James Duncan as a partner, tasked with launching a standalone derivatives practice for the firm. Duncan has been at rival Linklaters since 1997 and specialises in derivatives and structured products. He recently advised audit firm PwC on the administration of Lehman Brothers. He has also worked with [...]
MILLION-DOLLAR MAN THAIN LEARNS ERROR OF HIS PRICEY OFFICE WAYS February 8, 2010 HAPPY days for John Thain, the former Merrill Lynch chief executive who demonstrated yesterday that not only has he managed to stage an impressive comeback on Wall Street, but has actually learnt a lesson on the way as well. Thain, of course, is best remembered among the financial community for the dual distinctions of having [...]