CITY MOVES | WHO’S SWITCHING JOBS May 28, 2012 DC Advisory Partners The corporate finance advisory firm has appointed Jack Dessay as an executive director in its technology, media and telecommunications team. He joins from Deutsche Bank, where has worked for the past six years. Dessay has also held senior posts at Citigroup, working from its New York and London offices. KPMG Charlie Patrick [...]
CITY MOVES | WHO’S SWITCHING JOBS May 28, 2012 DC Advisory Partners The corporate finance advisory firm has appointed Jack Dessay as an executive director in its technology, media and telecommunications team. He joins from Deutsche Bank, where has worked for the past six years. Dessay has also held senior posts at Citigroup, working from its New York and London offices. KPMG Charlie Patrick [...]
World champ Jocky Wilson dies, aged 62 March 25, 2012 SCOTTISH two-time world champion Jocky Wilson has died, aged 62. He had recently been suffering from a lung disorder and police said his death had been “due to a medical matter”. Kirkcaldy-born Wilson, who won BDO world titles in 1982 and 1989, became a household name in his eighties heyday, when he enjoyed rivalries with [...]
Business morale springs back March 11, 2012 BUSINESS confidence jumped to a nine-month high last month according to a survey released this morning, suggesting that the UK has avoided a double dip recession. And in another positive sign for the economic recovery, a separate study shows that small firms are feeling more upbeat. Over half of members polled by the Federation of [...]
Britain on course to lose vote on EU banking rules May 3, 2012 BRITAIN is on course to be outvoted for the first time ever on a major piece of EU financial regulation, after EU officials said they had a majority in favour of proposals that Osborne said would make him look “like an idiot”. Following 16 hours of negotiations on a set of new EU banking rules that broke [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 7, 2012 FINANCIAL TIMES Chinese groups drive rise in pre-sold HK IPOs Zhengzhou Coal Mining Machinery has enlisted nearly a dozen banks to hunt down investors willing to take stakes in the Chinese business ahead of its $1bn Hong Kong listing, an example of a trend gripping the world’s biggest market for new listings. Hopes rise UK [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 7, 2012 FINANCIAL TIMES Chinese groups drive rise in pre-sold HK IPOs Zhengzhou Coal Mining Machinery has enlisted nearly a dozen banks to hunt down investors willing to take stakes in the Chinese business ahead of its $1bn Hong Kong listing, an example of a trend gripping the world’s biggest market for new listings. Hopes rise UK [...]
WHO’S SWITCHING JOBS May 3, 2012 KPMG David Ellis has been appointed as a partner and head of KPMG’s UK reward practice, which specialises in advising companies on how to most effectively pay their executives. He joins from BDO, where he was head of human capital and a partner since 2004. Ellis has also previously worked for Ernst & Young and [...]
IFA reforms may result in higher fees February 13, 2012 REFORMS designed to regulate the world of independent financial advisers will lead to higher costs for consumers who seek investment guidance, according to a survey by accountancy firm BDO. The report suggests that 90 per cent of advisers expect their earnings to stay stable or increase after the reforms and claims that the new regulations [...]
CBI: Economic recovery will kick in soon February 12, 2012 GROWTH will restart early this year, the Confederation for British Industry’s (CBI) economic forecast predicted today, pointing to positive business survey data. The BDO optimism index, also published today, points to a rebound from the middle of 2012. However, the Institute for Turnaround (IfT) sounded a note of caution, arguing low consumer spending threatens to [...]