Thursday 24 April 2014
IT WAS ever thus: investment bankers kick off the year talking up a economic environment ripe for throwing up industry-defining mergers and acquisitions.
Thursday 10 April 2014
LIKE hands-on managers who get rebranded as directors of football, senior advisers at investment banks often find their august titles are merely stepping-stones on the way to a graceful exit.
Thursday 27 March 2014
YOU KNOW things are getting toppy when Cenkos is hawking accelerated IPOs around the City,” a fund manager told me over lunch last week.
Thursday 13 March 2014
COMPANIES usually ban the use of social media sites to stop employees idling away work-time on frivolous gossip.
Thursday 27 February 2014
IN the ultra-polite language of the City, even the biggest failures among departing bosses often leave with good wishes and gratitude for their contribution ringing in their ears.
Thursday 13 February 2014
RAISE £6bn from investors and hand more than half of it back to employees and investors six months later: as a formula for managing a corporate balance sheet, there’s a certain novelty in Barclays’ approach.
Thursday 30 January 2014
ROSS’S Brutal Shake-up – come next month, that will be the most appropriate use of the initials of Britain’s most troubled lender. After Monday’s kitchen and bathroom sinking all rolled into one, it’s not difficult to see why.
Thursday 16 January 2014
CREATE a loophole and bankers will leap through it quicker than you can say “deferred compensation”: that seems to be one of the axioms of the aftermath of the financial crisis.
Thursday 19 December 2013
IT wouldn’t be the final column of a calendar year without some predictions for the next 12 months. Here are my top three:
Thursday 05 December 2013
WERE British banks engaged in a corrupt pact to bankrupt struggling business customers? The evidence from dossiers compiled by the businessmen Lawrence Tomlinson and Neil Mitchell is superficially shocking, although as yet inconclusive.
Thursday 21 November 2013
SAYING it with Flowers has just assumed an entirely new meaning.
Thursday 07 November 2013
Well that didn’t last long.
Thursday 24 October 2013
"PLAN A is dead, long live Plan A", was the phrase uttered by one Co-operative Group adviser as the details of its revised restructuring emerged on Monday morning.
Thursday 10 October 2013
IT has been a poor week for the UK’s quoted tobacco companies.
Thursday 26 September 2013
IT’S NOT hard to identify the biggest of the elephantine threats to Royal Mail’s imminent stock market listing, which heralds the most contentious privatisation since the 1980s.
Thursday 12 September 2013
IT’S hardly on the scale of Royal Bank of Scotland, but Tesco’s retrenchment from the empire-building of Sir Terry Leahy means it will soon struggle to describe itself using the adjective “global”.
Thursday 29 August 2013
IT is not easy to overlook the villainy of the banks and credit card issuers which sold superfluous insurance policies to millions of consumers through the York-based company CPP.
Thursday 08 August 2013
LORD Davies, the former trade minister and one of the City’s most distinguished bankers, is not a man who gives up easily.
Thursday 25 July 2013
AND then there was one.
Thursday 11 July 2013
UNLIKE Britain’s glorious sporting summer (at least until England started batting at Trent Bridge yesterday), there was a distinctly anti-climactic feeling when John Kay published his inquiry into short-termism in Britain’s equity markets last yea
Friday 28 June 2013
AS AN oilman, Todd Kozel, the boss of Gulf Keystone Petroleum, knows a thing or two about extracting things that are buried far from view.
Thursday 13 June 2013
FRED Goodwin famously complained that he had been the victim of a “drive-by shooting” when he was ousted as the boss of Royal Bank of Scotland (RBS) in 2008.
Thursday 30 May 2013
THE language was pitched to suggest an amicable parting of the ways. John Thornton, the former Goldman Sachs partner, simply did not have enough time to fulfil his obligations as chairman of the remuneration committee of a global megabank.
Thursday 16 May 2013
EVERY little helps.” Tesco’s ubiquitous advertising slogan would serve as an equally useful mandate from banking regulators as they seek to augment the capital and liquidity bases of the UK’s big lenders.
Thursday 02 May 2013
IT HAS been easy to become blasé about the scale of the red ink splashed across banks’ balance sheets since the financial crisis.