BORIS FUND BREAKFAST CLUB MEETS AT SAVOY December 7, 2010 LONDON mayor Boris Johnson played host to a star-studded launch for the corporate sponsors of the charitable Mayor’s Fund for London yesterday morning, with grandees of the City treated to an 8am poached egg and salmon breakfast in return for their paid-up membership of the London Business Club – an organisation for fund donors. The [...]
LISTED PRODUCT NEWS September 1, 2010 MEDIA FARING WELL IN ETF LANDSCAPE Investors are ditching food and beverage sector ETFs, instead favouring media stocks, according to the latest ETF landscape survey from BlackRock. It shows that net outflows are now more than $220m year-to-date. The food and beverage sector came out faring worst with net outflows of $163.4m, followed closely by [...]
LISTED PRODUCT NEWS September 1, 2010 MEDIA FARING WELL IN ETF LANDSCAPE Investors are ditching food and beverage sector ETFs, instead favouring media stocks, according to the latest ETF landscape survey from BlackRock. It shows that net outflows are now more than $220m year-to-date. The food and beverage sector came out faring worst with net outflows of $163.4m, followed closely by [...]
Morgan Stan puts hold on recruitment September 28, 2010 US investment bank Morgan Stanley has frozen all recruitment for the remainder of the year, it said yesterday, offering no guarantees over when it would begin hiring again. The bank, which employs around 5,000 people in the UK, sought to quell fears of job losses, saying although it had stopped recruiting it had no plans [...]
CITY MOVES | WHO’S SWITCHING JOBS October 5, 2010 KPMG The financial services group has hired Iain McLaughlin as its new UK head of recruitment. He joins from GlaxoSmithKline, where he spent six years working in human resources, most recently with a focus on the emerging markets. He has also worked in HR for the banking and IT sectors. McLaughlin’s appointment is part of [...]
Three cheers for the stars of the Square Mile October 28, 2010 LAST night was truly an exciting and exceptional occasion: City A.M.’s inaugural awards celebrating the best and brightest of London’s business, financial and investment communities. Our inaugural awards ceremony saw more than 450 guests in their finery roll up at the Grange Hotel at St Pauls. Our winners, unique in that each was initially chosen [...]
COMPANY OF THE YEAR | The Shortlist September 12, 2010 IT has been another tough year for business. The sovereign debt crisis rocked already shaky market confidence, while uncertainty has kept consumers from splashing out. It is in hard times that reputations are made, though, and over the past year the best have bounced back. Both retailers on our list have, in their different ways, [...]
COMPANY OF THE YEAR | The Shortlist September 12, 2010 IT has been another tough year for business. The sovereign debt crisis rocked already shaky market confidence, while uncertainty has kept consumers from splashing out. It is in hard times that reputations are made, though, and over the past year the best have bounced back. Both retailers on our list have, in their different ways, [...]
Getting a grip on listed products August 25, 2010 TOO much choice can be a problem for investors these days. Online consumer champion Which? singled out structured products as being some of the most confusing instruments on offer and was particularly unhappy about their lack of transparency, particularly when it comes to counterparty risk. The UK Structured Products Association hit back at the research [...]
Lloyds launches a thirty-year sterling bond September 15, 2010 LLOYDS Banking Group launched a rare 30-year senior sterling bond yesterday, capitalising on the upbeat tone of the credit markets and on demand from pension funds and insurers for long-dated sterling assets. The bond deal is the bank’s first ever sterling issue with a 30-year maturity, an official with the bank said. Initial guidance on [...]