EU bank body to be based in City July 13, 2010 LONDON defeated a Frankfurt power-grab yesterday when EU finance ministers decided to seat a new European banking watchdog in the City. Germany had hoped to locate the agency next to the European Central Bank (ECB) in its financial hub with an eleventh hour tweaking of the legislation last week. Britain and France reacted furiously to [...]
EU bank body to be based in City July 13, 2010 LONDON defeated a Frankfurt power-grab yesterday when EU finance ministers decided to seat a new European banking watchdog in the City. Germany had hoped to locate the agency next to the European Central Bank (ECB) in its financial hub with an eleventh hour tweaking of the legislation last week. Britain and France reacted furiously to [...]
CITY MOVES | WHO’S SWITCHING JOBS April 5, 2010 Threadneedle The asset management firm has hired George Gosden to join its Asian equities desk. Gosden spent the past eight years as a director at Insight Investment, where he was part of the international team. Prior to that, he was a director of Asian equities at Clerical Medical Investment Management. In his new role, he [...]
DTZ on target as hopes of a recovery rise March 15, 2010 PROPERTY broker DTZ Holdings yesterday said it remains on target to meet market expectations for its full year results, anticipating £70m of cost savings for the period. Boosting hopes of recovery in the sector, DTZ reported better levels of activity in its key markets of London and Paris and increased activity in the investment and [...]
The Berkeley regains an old hero September 13, 2010 Koffmann’s The Berkeley, Wilton Place, SW1X 7RL 020 7235 1010, www.the-berkeley.co.uk FOOD SERVICE ATMOSPHERE Cost per person without wine: £45 PIERRE Koffmann closed his famous London restaurant, La Tante Claire, back in 2003, and promptly vanished from the restaurant scene. Rather than dissipate, the reverential awe that people attached to Koffmann and his cooking – [...]
WHAT DOES THE CHANCELLOR’S BUDGET MEAN FOR YOU? June 22, 2010 KATE SOLWAY, 30 FUNDS CONTROLLER AT PRIVATE EQUITY FIRM COGNETAS Kate is single and lives in rented accommodation. She also owns two investment properties – one a London flat with a mortgage which she rents out, and the other a holiday home under construction in west Africa’s Cape Verde, on which she does not have [...]
BP and energy peers propel the FTSE while banks drag September 8, 2010 EENERGY stocks led by BP pushed Britain’s top shares higher yesterday, outpacing falls in banks that were weighed down by European recovery concerns. The FTSE 100 closed up 21.92 points, or 0.4 per cent, at 5,429.74, after breaking a seven-session winning streak to close down 0.6 per cent on Tuesday at 5,407.82. Meanwhile the FTSE [...]
THE CAPITALIST October 11, 2010 ONCE more, the hedge fund community unites for a good cause – this time not by shelling out enormous sums of money while being wined and dined at a charity gala dinner, a la Arki Busson, but by writing a book designed as a warning to policymakers all over the globe. Tonight will see swanky [...]
The past lives on as Agatha Christie’s top hotel reopens October 17, 2010 ONCE you’ve been to Istanbul, Paris, Berlin and even London seem somehow paltry, a bit small-scale and even a touch banal. The enormity and seductiveness of the Bosphorous, especially at sunset, and the mesmeric mixture of ancient history, Ottoman splendour and Islamic architecture beguile every traveller. Its appeal was just as strong for the most [...]
Lurking behind the financial crisis: the Fed puppeteer and the trader September 27, 2010 I WANTED it to be like that Quentin Tarantino movie: every person should come away with a different picture. I wanted to almost do it with no judgment.” Andrew Ross Sorkin is in London for the Samuel L Johnson literary awards after Too Big To Fail, his best-selling account of the financial crisis, was short-listed [...]