Can you grind faster than the rest of the Square Mile? The Capitalist is, of course, talking about the physically demanding process of reeling in the sheets when hoisting the sail on a yacht.
VINCENT Tchenguiz, the property tycoon wrapped up in a legal battle with the Serious Fraud Office (SFO) has had one piece of good news of late – the mogul has sold his Mayfair home for almost £17m.
SWISS dental heir Thomas Straumann might have been feeling some pangs of nostalgia this weekend, as Aston Martin was showing off 550 of its finest motors at Kensington Palace Gardens, to celebrate turning 100.
As Royal baby watch continues, the Mayor of London Boris Johnson has given his two cents on a potential name: “I've always thought Boris is a nice name for a girl” he tweeted in an online Ask Boris session.
BUSY City workers often employ the services of a concierge to help organise their daily lives. However, one City boy from HSBC has taken hired help to a new level – employing two women to help him propose to his girlfriend.
SIR MERVYN King was continuing to enjoy his retirement yesterday. After being spotted watching the tennis at Wimbledon earlier in the month, the former Bank of England governor was at Lord’s for the first day of the second Ashes Test.
Can you take insights from the bedroom to the boardroom? Author Avril Millar apparently thinks so. Her distinctly adult approach to business can be found in a new book called The Kama Sutra of Work.
NOTHING like a bit of hypocrisy from Whitehall, just as Parliament wraps up for the summer.
THE CITY’S historic Guildhall played host to one of the capital’s more eccentric traditions yesterday.
■ Former England cricket captain Mike Gatting has been getting around the City charity sporting circuit lately.
THERE has been a mass exodus in the retailing world lately – with British fashion label Nicole Farhi going into administration last week and two female retail powerhouses bowing out of their high-powered jobs this week.
LAWYERS from BLP were sweating it out, not in court yesterday, but on it.
■ To Mayfair last night, for the summer cocktail party hosted by luxury watch brand Omega at its vintage store in Burlington Arcade.
OIL firm Gulf Keystone Petroleum’s non-executive director Mehdi Varzi has been rather prominent recently after a shareholder revolt last week, when fund manager M&G voiced concerns over pay levels of executives.
THOUSANDS of passengers were forced to battle with delays and cancellations at Waterloo station last night after the hot weather caused part of the track to buckle.
■ Prime Minister David Cameron’s morning tweet backfired somewhat yesterday.
FINALLY some good news for in-the-spotlight bank RBS – Imelda O’Neill, the firm’s head of commercial banking support, was crowned winner of the 2013 Women in the City Future Leaders Award at a celebratory breakfast ceremony at Trinity House in the
PINTS after work in the Square Mile on Thursday evening were definitely well deserved – not because of the hot summer sun or a big deal, but because 5,000 of the City’s sportiest were dashing round the closed-off streets in a bid to win the Standa
■ Lawyers are known for their love of reading long documents, and none more so it seems than magic circle firm Linklaters, which is sponsoring the bringing together of the four surviving original copies of the Magna Carta at the British Library.
THE CHAMPAGNE was flowing on Wednesday evening, as ex-corporate financier and author Tony Drury wined City guests at a Chancery Lane bar, to celebrate the launch of his latest novel.
WITH the capital experiencing a mini heatwave this week, Canary Wharf workers have been kicking off their shoes and dipping their toes in the 160 tonnes of sand that have been shipped in for the City Beach Volleyball Championships.
■ We all know that man of the people chancellor George Osborne is partial to a late-night Byron burger, as last month’s “shamburger and fries” stunt revealed.
READERS may remember Seven Investment Management co-founder Justin Urquhart Stewart as the fund manager who chatted sock colours with the new Bank of England boss Mark Carney on the central line last week, on the Canadian governor’s first day of w
IT WAS supermarket giant Sainsbury’s AGM yesterday and while the firm was busy tooting its own horn, The Capitalist hears that one celebrity pair might be cheering on the chain.
TO CITY Hall last night for the preview evening of the art exhibition displaying fund manager Lord Stanley Fink’s private collection of signed Getty images from the Olympic Games.
The hedge fund boss tells David Hellier how he now has the time to put something back
THE NEXT time you dash out of work in a rush and forget your mobile phone there’s no need to panic – as of today you can simply snap up a 3D printer and make yourself another one (maybe).
Wanted: A guardian angel for the Bank of England. At least, that appears to be the ethereal request from a banking report published by the Treasury yesterday.
AMONG the royals and celebrities at Wimbledon yesterday enjoying Andy Murray’s victory were a sprinkling of faces from the world of business and politics.
TWO FORMER employees of bankrupt broker Seymour Pierce – former head of equities David McCreadie and serial stockbroker Darryll Warnford-Davis – have both now ended up at Monument Securities, The Capitalist hears.
A 10-STRONG team led by managing director of Legal & General Mortgage Club Ben Thompson has returned back to London from a 1,800 mile charity bike ride to Morocco.
WITH all the furore surrounding the casual attire of David Cameron and other leaders at the recent G8 summit, The Capitalist was surprised to learn that one pioneering group of financial spinners have taken the dressed down policy of Cameron and c
DAVID Cameron was in an ebullient mood yesterday as he addressed the Two Cities Luncheon, organised by the Cities of the London & Westminster Conservative Association.
TRADERS in the Canary Wharf offices of Boston-based State Street Bank were treated to a surprise ballet dance earlier this week.
The Mayor’s Fund for London has joined forces with banking group Santander to announce a new £100,000 fund to help charities that are looking for grants to support disadvantaged young Londoners.
THE CAPITALIST’S Carney Watch continues as the Bank of England boss has not only set a D-day for the future of women on British bank notes, but has revealed his hand – literally – on his first published letter.
THE PROCESS of liquidating the organisers of the London Olympics LOCOG began three years ago, a long time before the Games had even taken place.
WHILE his replacement Mark Carney was busy penning letters in the City, former governor Sir Mervyn King appeared to be easing himself into retired life yesterday, spending a day watching the tennis at Wimbledon.
The yard of the historic Guildhall will play host today to the City Beerfest, where 25 different ales from some of the country’s best-known breweries will be on tap for thirsty City workers in need of an afternoon pint.
THE MOST celestial of the UK’s investors and early stage entrepreneurs descended on the London Film Museum last night for the Annual Investment Awards, hosted by the UK Business Angels Association.
CORPORATE financier Ian Hannam has already sacrificed around £20m of shares and bonuses as part of his disengagement from JP Morgan last year, which followed a £450,000 fine by the City regulator for alleged market abuse.
CITY Hall was packed out on Monday evening, as Mayor Boris Johnson entertained guests at the opening of the Drawing The Games exhibition, which will display hundreds of artist Nicholas Garland’s sketchings of the London Olympics, until 31 July.
Regular readers will know that The Capitalist has a keen interest in City crooners penning business-inspired lyrics.
ENTREPRENEUR and fund manager Jim Mellon was in town yesterday, enjoying a long lunch at restaurateur Richard Caring’s Mayfair outpost Le Caprice before moving on to his own Notting Hill pub to see out the afternoon, having spent a sunny Sunday en
SEVEN glittering couples from the corporate restructuring world battled it out on the Park Lane Hilton hotel’s dancefloor over the weekend, at a strictly (corporate) dancing competition in aid of cancer charities Orchid and the Debbie Fund.
THE NEW Bank of England governor has landed, and the first eagle-eyed Carney-watcher to spot the Canadian in the City yesterday was an early riser.
Starting yesterday, law firm Travers Smith will be compensating overworked solicitors living a deskbound lifestyle by paying them a special bonus linked to the amount of anti-social hours they have billed.
LAST Christmas, we ran our second Christmas appeal in support of Opportunity International.
AMA Kobi lives in the town of Koforidua in Ghana. Thanks to a loan from Opportunity International, Ama was able to purchase and farm six acres of local land.
TO THE Millenium Hotel last night for the sixth Vitesse Media M&A awards, which saw 300 of the finest mid-market venture capitalists, corporate financiers and advisers descend on Mayfair for the annual knees up.