Norton Rose is ready to expand in Asia on the back of its latest deal November 29, 2009 There is light at the end of the economic night – of that Peter Martyr is fairly certain. But the CEO of NortonRose, the City law firm, wants to make sure we are not facing a false dawn before he gets too excited. As he puts it: “The financial crisis has moved so quickly that [...]
GRINDING TO A HALT July 8, 2009 COFFEE Republic, the chain which fell into administration earlier this week, named 20 group-owned stores which will close yesterday. The list of stores to shut up shop includes London branches in Canary Wharf and on the King’s Road. Another 167 franchises and concessions will not be affected, said administrator KPMG.
Time is right for Broadgate stake sale August 18, 2009 NOTHING symbolised the post Big Bang world in the City more than the development of the Broadgate complex near Liverpool Street and Moorgate in the 1980s. The ice rink and the gleaming buildings fitted out for the likes of Shearson Lehman and SGWarburg were the focal point for the new City, before even the first [...]
GOLDMAN BANKER IN DIVORCE SKIRMISH September 7, 2009 DIVORCES are always grim affairs, but when they involve senior bankers, at least there’s a bit of colour involved. A Goldman Sachs managing director, Frenchman Yann Samuelides, has been in court battling with Denis Morley, a 67-year-old pensioner, over his wife’s divorce petition. Morley told Clerkenwell and Shoreditch county court that Samuelides promised a £500,000 [...]
ONLINE DRAGONS BREATHING FIRE INTO AN ALL-NEW TELEVISION DEN September 16, 2009 ANYONE unwinding last night with a glass of wine and a dose of evening telly might have caught sight of a familiar face on the box – Julie Meyer, City A.M. columnist and founder of Ariadne Capital, who appeared on the first episode of the new Dragons’ Den spin-off show on BBC2. Meyer – who [...]
FORGET CANNES: CANARY WHARF’S FILM FESTIVAL IS COMING TO TOWN August 12, 2009 CANARY Wharfers should dust off their finery: there’s a film festival coming to town. OK, so it’s not quite Cannes – there’ll be no red carpet, much to the disappointment of preen-happy financiers, and designer dresses and tuxes are far from obligatory. But the Canary Wharf Film Festival, taking place between 3 and 7 September, [...]
FORGET CANNES: CANARY WHARF’S FILM FESTIVAL IS COMING TO TOWN August 12, 2009 CANARY Wharfers should dust off their finery: there’s a film festival coming to town. OK, so it’s not quite Cannes – there’ll be no red carpet, much to the disappointment of preen-happy financiers, and designer dresses and tuxes are far from obligatory. But the Canary Wharf Film Festival, taking place between 3 and 7 September, [...]
Tycoon Quinlan to step down July 8, 2009 DEREK Quinlan, one of Ireland’s most prominent property tycoons, said yesterday that he plans to step down as chairman of investment group Quinlan Private (QP), which he founded 20 years ago. Quinlan – who built the company from a small tax consultancy to an international private equity firm with over €10bn (£8.6bn) in assets under [...]
ONE YEAR ON, FORMER LEHMAN STAFF SHARE THEIR EXPERIENCES WITH CITY A.M. September 14, 2009 BISHER ARMANAZII was working as a trader in structured indices derivatives in London when Lehman Brothers went under. I was at home on the Sunday and happened to turn on the TV to see the story that the bank would not be receiving a government bailout. I went straight to a bar with a couple [...]
ONE YEAR ON, FORMER LEHMAN STAFF SHARE THEIR EXPERIENCES WITH CITY A.M. September 14, 2009 BISHER ARMANAZII was working as a trader in structured indices derivatives in London when Lehman Brothers went under. I was at home on the Sunday and happened to turn on the TV to see the story that the bank would not be receiving a government bailout. I went straight to a bar with a couple [...]