How to deal with missing out on your big promotion June 23, 2010 I have been passed over for promotion – I think unfairly – and it is becoming clear to me that my future at my current firm is not going to be as I hoped. My area is fairly specialised, and I am not entirely sure that I can easily find work elsewhere. What can I [...]
How to handle office World Cup fever June 9, 2010 WORKING out how to deal with the World Cup is tricky. A recent poll by YouGov found that 23 per cent of workers said they would take the day off to watch England play in the World Cup, while almost half said that being allowed to watch games in the office would boost morale. But [...]
Job interviews are back, so it’s time to work on your technique May 26, 2010 FOLLOWING two years of relative stagnation in the City jobs market, where any movement tended to be of the non-voluntary nature, hiring is back in the Square Mile. The most recent employment report from KPMG shows that hiring is up 29 per cent in the private sector, compared to the previous quarter. Unsurprisingly, the biggest [...]
Pru refuses to commit board to rights issue May 20, 2010 PRUDENTIAL was last night unable to confirm that any of its directors will fully participate in its $21bn (£14bn) cash call, even as they campaign for shareholders to back the move. Members of the insurer’s board, including chief executive Tidjane Thiam and chairman Harvey McGrath, are exempt from taking up all their rights in what [...]
Six short steps to better job interviews January 13, 2010 PREPARE THOROUGHLY Just as the candidate has to prepare for an interview, so does the manager. This should begin well before you have your short-list of candidates. You will need to make decisions about the format of the interview, who is going to participate, where interviews are to be held, what equipment is required if [...]
London Gateway lives on January 4, 2010 PORT operator DP World will go ahead with the foundation stage of its postponed London Gateway project despite the market downturn, it said yesterday. The unit of debt-laden state-owned holding company Dubai World said it had decided to proceed with the construction of essential infrastructure for the planned port and logistics park. The company, which [...]
FXall snaps up Citi forex platform January 4, 2010 INVESTMENT bank Citi has agreed a deal to sell its electronic foreign exchange platform, LavaFX, to electronic forex platform FXall, it said yesterday. FXall, which has some 800 institutional clients including large hedge funds and asset management firms, did not disclose the terms of the deal. The firm said the acquisition, for an undisclosed fee, [...]
Resort owners sue Credit Suisse for $24bn over luxury property schemes January 4, 2010 Credit Suisse has been sued by property owners who said the Swiss bank schemed to defraud investors in four luxury resort communities, including the bankrupted Yellowstone Club. The lawsuit filed in federal court in Boise, Idaho, seeks $24bn (£15bn) of damages against Credit Suisse and commercial real estate firm Cushman & Wakefield, and class-action status [...]
HMV poised for Mama takeover January 4, 2010 HMV is poised for a successful £46m takeover of music venues and festivals firm Mama Group after a rival offer hit the buffers. Mama’s largest shareholder, Luxembourg-based investment firm SMS Finance, made a £38.3m bid for the business last month. SMS – the investment vehicle of Italian telecoms billionaire Silvio Scaglia – owns 29.8 per [...]
Japan Airlines soars on hopes of rescue funding January 4, 2010 JAPAN Airlines’ shares jumped 31 per cent yesterday as the government looked to secure funds to prevent the carrier from running out of cash as it awaits a possible bailout. The stock lost a quarter of its value last Wednesday, the last trading day of 2009, after sources said a government-backed turnaround fund was leaning [...]