AIG bosses set to consider potential AIA flotation today July 13, 2010 THE board of American International Group is set to meet today to consider the future of its AIA unit, with a public float seen as the most likely outcome, it emerged yesterday. Banking insiders said an initial public offering for the Asian life insurance branch of AIG was more likely following the fruitless $35.5bn (£25bn) [...]
Torn Fabregas set for Gunners return July 29, 2010 ARSENAL captain Cesc Fabregas admits he is torn by his love for Barcelona and a sense of duty to the Gunners as he prepares to return to north London. Fabregas has seldom spoken about his desire to move back to his native Catalonia during a summer of uncertainty over the 23-year-old’s future. But he is [...]
Torn Fabregas set for Gunners return July 29, 2010 ARSENAL captain Cesc Fabregas admits he is torn by his love for Barcelona and a sense of duty to the Gunners as he prepares to return to north London. Fabregas has seldom spoken about his desire to move back to his native Catalonia during a summer of uncertainty over the 23-year-old’s future. But he is [...]
At a glance: George Osborne’s first comprehensive spending review October 20, 2010 SPENDING FIGURES This fiscal year current expenditure will be £637.3bn. In 2011-12, current spending will be £651.1bn, followed by £664.5bn in 2012-13, £678.6bn in 2013-14 and then £692.7bn in 2014-15. The government will pay £43.3bn of gross government debt interest this fiscal year followed by £46.5bn in 2011-12, £52.4bn in 2012-13, £57.8bn in 2013-14 and [...]
Woods ditches putter after 11 years July 13, 2010 WORLD No1 Tiger Woods has opted for a change of putter for the first time in 11 years as he goes in search of a third straight Open success at the Home of Golf. Poor form on the greens has prompted Woods to ditch the model which helped him to win 13 of his 14 [...]
SPREADBETTING BOSS IN A PRODIGIOUS MOVE September 14, 2010 IF THERE’S been a whiff of celebrity recently about the walk of Simon Denham, the ebullient head of spreadbetter Capital Spreads, The Capitalist knows why. For the past year or so, Denham has been in the process of buying his new house – a sprawling country pile in Great Dunmow, Essex – from none other [...]
SPREADBETTING BOSS IN A PRODIGIOUS MOVE September 14, 2010 IF THERE’S been a whiff of celebrity recently about the walk of Simon Denham, the ebullient head of spreadbetter Capital Spreads, The Capitalist knows why. For the past year or so, Denham has been in the process of buying his new house – a sprawling country pile in Great Dunmow, Essex – from none other [...]
JP Morgan comms head to join Goldman in the US June 21, 2010 DAVID Wells, the head of communications for JP Morgan in Europe, is leaving the investment bank to move over to Goldman Sachs in the US. Wells will report to Goldman’s chief spinner Lucas van Praag, who has been steering the bank through one of the rockiest periods in its history following America’s Securities and Exchange [...]
JP Morgan comms head to join Goldman in the US June 21, 2010 DAVID Wells, the head of communications for JP Morgan in Europe, is leaving the investment bank to move over to Goldman Sachs in the US. Wells will report to Goldman’s chief spinner Lucas van Praag, who has been steering the bank through one of the rockiest periods in its history following America’s Securities and Exchange [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]