CITY MOVES | WHO’S SWITCHING JOBS April 19, 2010 Bluefin Corporate Consulting The consulting firm, part of Bluefin Advisory Services, which is owned by Axa UK, has appointed Sean Glasgow as its new head of investments. Glasgow previously worked in a variety of roles both in the UK and internationally. He has held senior positions at soft drinks giant Coca-Cola and in the investment [...]
OUT OF RETIREMENT April 5, 2010 GORDON Pell, Sir Fred Goodwin’s former right hand man, has landed a part-time job as deputy chairman of the Queen’s bank Coutts, owned by Royal Bank of Scotland. Pell, who stepped down as deputy chief executive of Royal Bank of Scotland earlier this month, will earn between £30,000 and £40,000 for the role in addition [...]
What Westfield tells us about UK Plc March 28, 2010 IF you want to understand what is happening to the economy, you could do worse than to check out the Westfield shopping centre in West London on a weekend. The place was packed to the rafters on Saturday afternoon, with long queues in front of every single one of the dozens of restaurants and cafes; [...]
NEWSPAPER VETERAN APPROACHES GUARDIAN WITH A HEAVY HAND March 24, 2010 HEATED words in the media world yesterday after Carolyn McCall’s abrupt defection from the helm of Guardian Media Group to easyJet. Some say McCall won’t be too sorely missed by her former charges at the Guardian, given the messy state of the group’s finances and her recent controversial decision to sell the Manchester Evening News. [...]
New group to give wealthy people advice March 21, 2010 A COLLECTION of bankers and lawyers have formed a new steering committee aimed at giving advice to wealthy individuals looking to make large donations to charities. Coutts & Co, JP Morgan and legal outfit Withers have come together, along with chair Dame Stephanie Shirley, to launch and develop a philanthropy advice service for high-net worth [...]
CITY MOVES | WHO’S SWITCHING JOBS March 18, 2010 Avoca Capital Holdings The European credit investment manager has hired Clayton Perry, formerly principal and managing director at Broadchalk Advisors, as its new chief operating officer. Prior to establishing Broadchalk, Perry was head of global collateralised loan obligation (CLO) business at Credit Suisse, responsible for CLO transactions in the US and Europe. The appointment comes [...]
CITY MOVES | WHO’S SWITCHING JOBS March 14, 2010 Coutts Private Office Rupert Allison has joined Coutts Private Office as senior client partner from after three years with HSBC private bank as a relationship manager/ director. At Coutts, Allison will advise high-net-worth individuals whose assets top £30m and will report to global head of Coutts private office, Duncan McIntyre. Allison also spent 15 years [...]
Aberdeen finalises deal for RBS assets February 1, 2010 ABERDEEN Asset Management yesterday said it had finalised a deal for part of troubled Royal Bank of Scotland’s (RBS) business. Aberdeen paid £84.7m for part of RBS’s fund management arm, which has £13.5bn of assets under management. Under the terms of the deal, Aberdeen has entered into a distribution agreement with the bank to exclusively [...]
Tate Gallery quits hedge fund investments after a £1m loss January 11, 2010 THE trustees of the Tate Gallery have withdrawn from hedge funds after losing £1m on investments. Gallery chiefs confirmed that £6m of the organisation’s £27m had been invested. But by March 2009 the Tate had liquidated its holdings – with a 17 per cent loss. That was equivalent to a £1m drop in value. The [...]
CITY MOVES | WHO’S SWITCHING JOBS January 10, 2010 Office of Fair Trading The consumer watchdog has appointed Sheldon Mills, a senior associate at law firm SJ Berwin, as its new director of mergers, effective from 15 February. Mills joined SJ Berwin in 2006 from rival Jones Day. Simon Holmes, head of EU and competition at SJ Berwin, said: “While we will miss him, [...]