Ducati appoints banks for IPO in Hong Kong November 9, 2011 ITALIAN motorcycle maker Ducati has appointed Deutsche Bank, Goldman Sachs and Mediobanca to manage its prospective Hong Kong IPO, sources told City A.M. yesterday. Reports of the banks’ appointment for a Hong Kong IPO come 24 hours after the London-based retailer of diamonds, Graff Diamonds, was reported to be considering a $1bn IPO in Hong [...]
Downgrade bombshell puts brakes on FTSE gains December 6, 2011 The brakes were slammed on the recovery in European markets this morning after ratings agency Standard and Poor’s warned 15 Eurozone countries – including Germany – that they were teetering on the edge of a downgrade. Asian stocks and the euro fell after S&P piled pressure on a plan to solve the region’s debt crisis [...]
Downgrade bombshell puts brakes on FTSE gains December 6, 2011 The brakes were slammed on the recovery in European markets this morning after ratings agency Standard and Poor’s warned 15 Eurozone countries – including Germany – that they were teetering on the edge of a downgrade. Asian stocks and the euro fell after S&P piled pressure on a plan to solve the region’s debt crisis [...]
FTSE falls as Eurozone fear factor hits banks November 15, 2011 The FTSE edged down this morning, mirroring weaknesses in Asia, as rises in bond yields in Spain and Italy heaped more pressure on markets. Italy sold three billion euros of five-year bonds at 6.29 per cent yesterday – a euro-era record. The country’s 10-year bond yields rose to 6.76 per cent, also pushing Spanish 10-year [...]
The big picture: London property July 10, 2011 Office Space IT’S a game of two halves for central London’s commercial property market: an early trip to the showers for the office sector, while the retail sector is playing into extra time. Across London’s core office pitches, from the financial zones of Canary Wharf and the City, to the media and head office blocks [...]
CITY MOVES | WHO’S SWITCHING JOBS November 20, 2011 Kingfisher The home improvement retailer has appointed Mark Seligman, the former European chairman and chairman of UK investment banking at Credit Suisse, as a senior independent director, effective from 1 January 2012. Seligman will step down from his role as a senior adviser at Credit Suisse at the end of the year. He is also [...]
CROYDON November 24, 2011 SAFFRON SQUARE Price: From £182,500 for one-bedroom to £640,000 for three-bedroom with balcony Saffron Square will be over 22,000 square feet of new apartment and retail buildings, all set in a new public square, landscaped and with water features. There will be 715 one-, two- and three-bedroom apartments. Contact Knight Frank on 020 7861 5499 [...]
CROYDON November 24, 2011 SAFFRON SQUARE Price: From £182,500 for one-bedroom to £640,000 for three-bedroom with balcony Saffron Square will be over 22,000 square feet of new apartment and retail buildings, all set in a new public square, landscaped and with water features. There will be 715 one-, two- and three-bedroom apartments. Contact Knight Frank on 020 7861 5499 [...]
CITY MOVES | WHO’S SWITCHING JOBS November 14, 2011 BTG The specialist healthcare company has appointed Garry Watts to succeed Dr John Brown as non-executive chairman, effective from 1 January 2012. Watts is chairman of the Spire Healthcare group of private hospitals, a senior independent director at Stagecoach Group and a non-executive director of Coca-Cola Enterprises. He was chief executive of SSL International for [...]
Embrace new technology to get ahead of the competition December 14, 2011 AS WELL as regulatory compliance, insurance companies are being forced to adapt to new and ever shifting consumer demands. Technology is allowing insurers to innovate with products such as pay-as-you-drive insurance models, but also allows them to change the way that they interact with customers. CHANGING BUSINESS MODELS As in banking, it is no longer [...]