Corporation renews call for third runway January 30, 2011 URGENTLY needed expansion of London’s aviation capacity should be provided by existing airports such as Heathrow, the City of London Corporation said today. Passenger demand will increase with economic recovery, it said, arguing that time is too short to wait for a new airport in the Thames estuary. Mayor Boris Johnson favours the construction of [...]
CITY MOVES | WHO’S SWITCHING JOBS March 2, 2011 Kinsey Allen International Sebastian Piggott has joined Kinsey Allen International (KAI), the global executive search firm, as a consultant. Piggott joins Kinsey Allen International’s fixed income practice to focus on senior sales and trading hires across credit, rates and foreign exchange. Piggott started his career in 1990 at Yamaichi International, and subsequently worked for Natwest [...]
CITY MOVES | WHO’S SWITCHING JOBS January 16, 2011 AllianceBernstein The global investment manager has appointed Wolfgang Kostner (pictured) to its distribution team. Having worked in London for Goldman Sachs Asset Management for nearly ten years in international marketing strategy, Kostner will now be based in Munich in his new role as vice president of strategic marketing and research. He will be concentrating on [...]
CITY MOVES | WHO’S SWITCHING JOBS January 16, 2011 AllianceBernstein The global investment manager has appointed Wolfgang Kostner (pictured) to its distribution team. Having worked in London for Goldman Sachs Asset Management for nearly ten years in international marketing strategy, Kostner will now be based in Munich in his new role as vice president of strategic marketing and research. He will be concentrating on [...]
ICB has to strike a difficult balance April 10, 2011 With such a broad mandate to recommend how to promote greater financial stability and competition within UK banking, the Independent Commission on Banking has a wide range of options to choose from. And while the level of concern within UK-based banks is understandable, it is important to remember that the paper is merely an interim [...]
CSC clashes with investor over mall bid December 8, 2010 A ROW between Capital Shopping Centres (CSC) and one of its biggest shareholders boiled over yesterday over the property firm’s plan to buy the Trafford Centre. Simon Property Group, which owns five per cent of CSC, has slammed the bid and says it will rethink its plans to make an offer to buy the whole [...]
CITY MOVES | WHO’S SWITCHING JOBS November 8, 2010 Williams de Broë Dougal Fraser is to join the investment manager, part of the Evolution Group, as an investment director and a member of the executive committee. Fraser has over 23 years of experience managing private client assets, most recently gleaned at BNP Paribas Wealth Management, where he has been an investment director and member [...]
CSC closes in on Trafford Centre mall November 24, 2010 CAPITAL Shopping Centres (CSC) confirmed yesterday it was close to buying the Trafford Centre in Manchester for a total of £1.6bn. The retail property group said it was in advanced talks with current owner Peel Holdings, which has held the shopping centre since it was built in 1998 at a cost of £600m. CSC plans [...]
CSC closes in on Trafford Centre mall November 24, 2010 CAPITAL Shopping Centres (CSC) confirmed yesterday it was close to buying the Trafford Centre in Manchester for a total of £1.6bn. The retail property group said it was in advanced talks with current owner Peel Holdings, which has held the shopping centre since it was built in 1998 at a cost of £600m. CSC plans [...]
Sales of super-high heels lift sales at Kurt Geiger stores November 23, 2010 LUXURY shoe brand Kurt Geiger has reported a 25 per cent rise in turnover in the nine months to November this year, as ladies have flocked to buy its coveted 120mm-high heels. Sales of its highest heels quadrupled compared with a year earlier, it said in its third quarter trading update. Sales of red and [...]