City Moves for 10 January 2013 | Who’s switching jobs January 9, 2013 RBS Guy Wylie has been appointed head of primary markets, Asia Pacific at RBS. He has over 20 years’ experience in banking, and most recently worked at UBS as head of Asian debt capital markets and leveraged finance. Wylie previously joined RBS in 2005, after spending several years with JP Morgan and Arthur Andersen in [...]
City Moves | Who’s switching jobs December 16, 2012 Ashcourt Rowan Emily Morris has been appointed group head of marketing at the wealth management company. She has held a number of senior marketing roles in similar firms, and was marketing director at Rathbone Brothers for six years. Morris has additionally worked for Barclays Wealth. Peverel Group The property services group has appointed Nigel Howell [...]
Who’s switching jobs November 19, 2012 Smith & Nephew Julie Brown has been appointed chief financial officer at the medical technology business. She joins from AstraZeneca, where she was vice president for group finance and interim chief financial officer. Brown was at AstraZeneca for 25 years, and previously qualified as a chartered accountant at KPMG. Natixis Global Asset Management The asset [...]
Who’s switching jobs November 12, 2012 KNG Securities The fixed income product provider has appointed Andrea Podesta as managing partner and head of fixed income. He joins from Bank of America Merrill Lynch, where he was managing director and head of southern Europe fixed income sales. BNY Mellon The financial services firm has appointed Alan Cottam as regional business head for [...]
S&P is guilty of misleading investors in Oz November 5, 2012 AUSTRALIA’S Federal court issued a landmark judgment yesterday that Standard & Poor’s misled investors by giving its highest rating to derivatives that lost almost all their value in the run-up to the 2008 global economic crisis. The Australian case marked the first time a ratings agency had faced trial over the complex financial products widely [...]
City Moves | Who’s switching Jobs September 27, 2012 Smith & Williamson Nick Murphy has been appointed as investment management director in the professional and financial services firm’s London office. He joins from Quilters, where spent 13 years and was most recently co-manager of gross funds. Murphy also sat on the asset allocation and charity committees at Quilters, and he is an associate of [...]
Madoff victims get $2.48bn boost to compensation fund September 20, 2012 COMPENSATION paid to Bernard Madoff’s fraud victims more than tripled yesterday after liquidators increased the amount set to be paid out by $2.48bn (£1.53bn). Irving Picard, the trustee liquidating Madoff’s firm Bernard L. Madoff Investment Securities, yesterday said he had recovered $3.63bn from the firm – a boost of $2.48bn. Madoff, 74, was sentenced to [...]
Who’s switching jobs September 13, 2012 Arbuthnot Latham Linda Amili Clack has been appointed to the position of international banking director and head of Middle East private banking. She was most recently head of Mubarakia Limited Family Office. Amili Clack has over 30 years’ experience in banking, and has also held senior roles at Coutts and the Bank of Bahrain & [...]
City Moves | Who’s switching Jobs September 10, 2012 Norton Rose Liam O’Connell has been appointed a partner within the law firm’s litigation and dispute resolution practice. He joins from CMS Cameron McKenna, where he was a partner and head of its commercial regulatory and disputes group. O’Connell specialises in insurance policy coverage analysis, and also has business experience in contingency markets and cyber [...]
What the other papers say this morning September 2, 2012 FINANCIAL TIMES CIC sells bulk of its BlackRock stake China Investment Corp has sold most of its stake in BlackRock, the world’s largest asset manager, as part of a wider strategy by the sovereign wealth to cut its holdings in global financial institutions. CIC bought just under 3 per cent of BlackRock’s shares, worth about [...]