European Central Bank to re-examine monetary stimulus in December as it holds key interest rates October 22, 2015 The euro tumbled against the pound this afternoon, after European Central Bank (ECB) boss Mario Draghi hinted an even bigger "bazooka" could be fired at the Eurozone in December. In his opening remarks, Draghi reiterated that the emerging market slowdown and financial market turbulence pose downside risks to the outlook for growth and inflation in the Eurozone. "Most notably, the strength and [...]
City Moves for 12 November 2015 | Who’s switching jobs November 11, 2015 Lloyds Bank Commercial Banking Michael Bond has been appointed mid markets relationship director in the bank’s technology, media and telecommunications team in London. He previously held a similar role at Lloyds, looking after clients in the education, communities and government sector across the South East. State Street Global Advisors State Street’s asset management arm has [...]
How much did Sam Burgess cost rugby union? Highest-paid player in Premiership leaves Bath for South Sydney Rabbitohs November 6, 2015 Sam Burgess has returned to rugby league and the South Sydney Rabbitohs after an ill-fated but lucrative year in rugby union. The England international will move to Australia to reunite with his family and a club where he is worshipped as a hero, yet questions will still be asked why the union establishment failed to make [...]
City Moves for 10 November 2015 | Who’s switching jobs November 9, 2015 BNP PARIBAS INVESTMENT PARTNERS The asset management division of BNP Paribas has announced the appointment of Laurent Gueunier as head of alternative debt management. He joins from Axa Investment Managers, where he was head of structured finance. Gueunier has also worked within structured credit at JP Morgan and began his career within commodities trading at [...]
City A.M.’s Rio 50: These are the 50 most marketable athletes at the Rio 2016 Olympic Games August 3, 2016 Do you thrill to the Mobot? Or tingle when Jess Ennis-Hill ducks for the line? Perhaps it’s Usain Bolt’s signature To Di World celebration, an Andy Murray fist pump, or gymnastics doyenne Simone Biles cheekily winking during a floor routine that brings out the goose-pimples. Everyone has their favourites: those sportsmen and women who we [...]
Banks come to fore as sector to report results – London Report October 25, 2015 BANKING results season is upon us, with three of the big four reporting this week. And on the economic front, third-quarter GDP figures are expected to show that the economy is slowing down due to weaker construction and manufacturing output. Corporates Royal Dutch Shell and BG Group also report in with updates, as does sector [...]
Harlequins chasing the American dream: Why the Premiership rugby club is moving pre-season to California December 24, 2015 Rugby is the fastest growing sport in the USA and Harlequins are looking to ride the wave of its new found popularity by swapping the suburbs of West London for the sun of California in upcoming summers. The 149-year-old rugby club is planning to play pre-season warm up games in America for the next four [...]
City Moves for 02 November 2015 | Who’s switching jobs November 2, 2015 LINKEDIN John Herlihy has been appointed vice president and managing director for Europe, the Middle East and Africa at the professional network. He joins from Google, where he was vice president of SMB sales and head of Google Ireland. Prior to that, Herlihy held leadership positions at tech companies in Europe and the United States. [...]
Aviva in danger of losing major Asian contract as rivals close in December 7, 2014 INSURER Aviva is facing a sale of one of its biggest contracts in Asia, according to market sources. If the company does not want to lose its bancassurance deal with Singapore’s DBS, which is due to end in 2015 after 14 years, it may be forced by a competitive auction process to pay in excess [...]
City Moves for 28 August 2015 | Who’s switching jobs August 27, 2015 Pen Underwriting Jonathan Turner has been appointed executive chairman at the UK underwriting business within the Arthur J Gallagher group. He was most recently at Brit Insurance, where his roles included active underwriter of its Syndicate 2987. Turner has also held roles at QBE International Insurance. Deutsche Bank Kinner Lakhani has been appointed co-head of [...]