Citi rainmaker King joins Barclays Capital October 27, 2009 BARCLAYS Capital, the fast-growing division of Barclays that includes the US operations of fallen Lehman Brothers, has hired former Citigroup deal maker Tom King. King, who quit Citigroup five weeks ago saying he wanted to “pursue other interests”, was named co-head of corporate finance reporting to head of global investment banking Hugh “Skip” McGee. The [...]
Citi rainmaker King joins Barclays Capital October 27, 2009 BARCLAYS Capital, the fast-growing division of Barclays that includes the US operations of fallen Lehman Brothers, has hired former Citigroup deal maker Tom King. King, who quit Citigroup five weeks ago saying he wanted to “pursue other interests”, was named co-head of corporate finance reporting to head of global investment banking Hugh “Skip” McGee. The [...]
CITY MOVES | WHO’S SWITCHING JOBS June 27, 2010 Simmons & Simmons The law firm has hired Jonathan Marsh as a partner in its non-contentious financial services regulatory practice. Marsh joins the firm from Berwin Leighton Paisner, where he was a partner specialising in financial services from 2006. He has also worked at Hunton & Williams, Hammonds, Sempra Metals and Linklaters in the last [...]
CITY MOVES | WHO’S SWITCHING JOBS June 27, 2010 Simmons & Simmons The law firm has hired Jonathan Marsh as a partner in its non-contentious financial services regulatory practice. Marsh joins the firm from Berwin Leighton Paisner, where he was a partner specialising in financial services from 2006. He has also worked at Hunton & Williams, Hammonds, Sempra Metals and Linklaters in the last [...]
SPREAD BET GURU June 27, 2010 MARKET STRATEGIST josh@cityindex.com Q. Dear Josh, can you tell me how the markets reacted to the emergency Budget presented by George Osborne last week? A. The banks and the retailers all performed strongly in reaction to the budget while the pound also received a boost. We saw banking stocks such as RBS, Lloyds Banking Group [...]
Barclays at a loss after K1 hedgie fraud November 1, 2009 BARCLAYS may have lost up to $240m (£146m) in a case involving a German hedge fund founder arrested following a corruption probe into a caribbean-registered fund he ran. The bank is among a number of institutions affected by the case, in which German and US authorities are investigating Helmut Kiener, 50, who founded Germany’s K1 [...]
Liverpool FC up for sale under Broughton April 16, 2010 BRITISH Airways’ head Martin Broughton has been appointed as the new chairman at Liverpool FC, as the club’s owners confirmed that it is up for sale. He will help owners Tom Hicks and George Gillett find buyers for the club at the right price. Meanwhile Barclays Capital has been retained by the Americans to lead [...]
Mitie sees boost from acquisitions May 17, 2010 MITIE, the support services firm, said yesterday acquisitions had boosted full-year profits and it expected increased government outsourcing to continue to support growth. Mitie, which cleans Barclays and HSBC’s UK buildings, said the acquisitions of rivals Dalkia and EPS had increased its foothold in the social housing market and also meant it could offer more [...]
BP gains while UK economic headwinds subdue the FTSE July 12, 2010 A JUMP in the share price of BP on hopes that the Gulf of Mexico oil leak will soon be capped outweighed a weakness in miners to push the FTSE 100 share index higher for a fifth session yesterday. The index closed up 34.08 points, or 0.7 per cent, at 5,167.02 having last week gained [...]
Those with the stomach for it should go long on food demand July 26, 2010 WELSH lamb-farmers have every reason to celebrate as they edge closer to signing a lucrative export deal with China. The deal is just another of many signs that emerging markets’ growing demand for hard commodities like steel and oil is leading to a boost in demand for soft commodities like wheat and cocoa. As infrastructure [...]