City Moves for 17 September 2015 | Who’s switching jobs September 16, 2015 STANHOPE CAPITAL The investment office has appointed Bernard Kalfon as partner to develop its private and institutional client base outside the UK. He has over 20 years’ experience and has held roles at Société Générale Asset Management, Salomon Brothers-Citibank, and Bear Sterns. In 2009, he co-founded Nexar Capital Group. INVESTEC PRIVATE OFFICE Rafe Garvin has [...]
Chaos on European markets as FTSE 100 tumbles, while S&P 500 crashes below 2,000 points August 21, 2015 The FTSE 100 clocked its biggest weekly loss this year, falling 2.8 per cent to 6,187.6 points, while US markets were equally hit, with the S&P 500 crashing below 2,000 for the first time since February. Meanwhile, the pan-European FTSEurofirst 300 closed down three per cent, its worst one-day fall since October. Britain's top share [...]
What’s purdah and why is everyone so upset about it? Everything you need to know about yesterday’s Commons battle over the EU referendum September 8, 2015 A coalition of Labour, the SNP and nearly 40 Conservative rebels handed Prime Minister David Cameron a one-two punch late last night when they voted down the government's amendment to the EU referendum bill and backed the opposition's proposal, instead. But what actually happened? Was it as "humiliating" as some papers are saying? And [...]
UK immigration: Jump in accountancy and finance skilled non-EU workers as recruiters warn on visa rules August 2, 2015 There has been a sharp rise in the number of non-European Union finance professionals coming to the UK, new figures show this morning, highlighting the importance of firms’ access to skilled non-EU workers. The number of accountancy and finance professionals who entered the UK in 2014 climbed to 3,204, according to data from the [...]
Commodity prices: Low point for investors? Wait until 2017 October 6, 2015 Investors have over the past week questioned whether major commodities names are like the lyrics of the 1980s Bon Jovi hit Livin’ On A Prayer – spot prices might relapse, or prices may remain battered for years. Glencore has been in the thick of it, defending its liquidity, debt maturities and bank loans after [...]
Perfect Saturday July 9, 2015 BREAKFAST RIVINGTON GREENWICH The Greenwich-based sister restaurant to Shoreditch’s Rivington Grill is the perfect place for some hair of the dog TLC before the weekend really starts. The Bloody Marys are legendary, as is the lengthy house cocktail list. The best breakfast in south east London. Visit rivingtongreenwich.co.uk WAY OUT EAST HYPER JAPAN As you’re [...]
Twitter’s share price jumps as co-founder Jack Dorsey buys $875,000-worth of Twitter shares August 10, 2015 Twitter's share price has leaped this afternoon as it emerged that co-founder Jack Dorsey acquired nearly 32,000 shares in the social media giant last week. On Friday Dorsey, who is interim chief executive and chairman, bought 31,627 shares in the company he set up, according to SEC filings. Director Peter Currie also bought several [...]
Restaurant review: There’s more to Palm Court than afternoon tea, thank god October 29, 2015 If I could click my fingers and banish one element of our national cuisine, it would be afternoon tea. It’s a dreary throwback to a time when we felt the need to ape our social betters, in this case by eating wildly overpriced cucumber sandwiches. Its emergence is often credited to Anna Maria Russell, the [...]
Quindell begins to recover with £637m law deal March 30, 2015 QUINDELL chairman David Currie said yesterday that the company’s deal to sell its professional services division to Australian law firm Slater & Gordon was a watershed for the group. Shares in Quindell were up by over five per cent yesterday, after the £637m deal was confirmed. Currie told City A.M. it would help counter the [...]
Where are London’s best terraces for al-fresco dining? It’s time to get outside for lunch June 16, 2015 Don’t stay cooped up inside for lunch. Get out and explore the city’s terraces. COMPAGNIE DES VINS SURNATURELS Capture the spirit of the cobbled backstreets of Paris tucked away in Neal’s Yard in Covent Garden. This eaterie serves French fine dining on tables spread across the colourful courtyard. Highlights from the spring menu [...]