CITY MOVES | WHO’S SWITCHING JOBS June 17, 2010 Alpha Strategic The hedge fund investment group has appointed Florence Lombard, the former head of the Alternative Investment Management Association (Aima), as a non-executive director. Lombard, 58, was head of Aima in the UK from 1993 until the end of 2008. She then stayed on as an executive director to focus on the relationship with [...]
CITY MOVES | WHO’S SWITCHING JOBS June 17, 2010 Alpha Strategic The hedge fund investment group has appointed Florence Lombard, the former head of the Alternative Investment Management Association (Aima), as a non-executive director. Lombard, 58, was head of Aima in the UK from 1993 until the end of 2008. She then stayed on as an executive director to focus on the relationship with [...]
Orange offers first UK plans for iPhone 4 June 17, 2010 ORANGE became the first British mobile network operator to announce tariffs for the iPhone 4, the latest runaway success from Apple. The operator said the 16GB version of the smartphone will be free on its £50-a-month business tariff with a two-year contract. The 32GB version will set customers back £41.70 on the same tariff. On Orange’s cheapest [...]
Orange offers first UK plans for iPhone 4 June 17, 2010 ORANGE became the first British mobile network operator to announce tariffs for the iPhone 4, the latest runaway success from Apple. The operator said the 16GB version of the smartphone will be free on its £50-a-month business tariff with a two-year contract. The 32GB version will set customers back £41.70 on the same tariff. On Orange’s cheapest [...]
Swiss pass US banking treaty June 17, 2010 THE Swiss parliament finally backed a treaty yesterday to give the US government details of clients UBS helped dodge taxes, ending nearly a year of uncertainty that threatened the Swiss bank’s recovery. The two houses of parliament agreed not to hold a referendum on the treaty after crisis talks yesterday, so Swiss tax authorities should [...]
Swiss pass US banking treaty June 17, 2010 THE Swiss parliament finally backed a treaty yesterday to give the US government details of clients UBS helped dodge taxes, ending nearly a year of uncertainty that threatened the Swiss bank’s recovery. The two houses of parliament agreed not to hold a referendum on the treaty after crisis talks yesterday, so Swiss tax authorities should [...]
Mulberry reports plum profits and rising sales June 17, 2010 LUXURY fashion firm Mulberry Group shrugged off economic gloom yesterday, saying it expected further sales growth ahead after a strong set of full-year results, boosted by growing demand in an effervescent Asian market. The company, famed for its leather handbags, said retail sales in the first ten weeks of the current year were up 36 [...]
Mulberry reports plum profits and rising sales June 17, 2010 LUXURY fashion firm Mulberry Group shrugged off economic gloom yesterday, saying it expected further sales growth ahead after a strong set of full-year results, boosted by growing demand in an effervescent Asian market. The company, famed for its leather handbags, said retail sales in the first ten weeks of the current year were up 36 [...]
Kerviel was a zombie, court hears June 17, 2010 Ex-Societe Generale trader Jerome Kerviel was an overworked “zombie” trader whose risky bets were symptomatic of the bank’s faulty control system, two French academics said at his trial yesterday. Kerviel, blamed by SocGen for a €4.9bn (£4bn) trading loss in 2008, never took holidays and worked long hours, an industry problem according to Jean-Hubert Blanchet, [...]
Kerviel was a zombie, court hears June 17, 2010 Ex-Societe Generale trader Jerome Kerviel was an overworked “zombie” trader whose risky bets were symptomatic of the bank’s faulty control system, two French academics said at his trial yesterday. Kerviel, blamed by SocGen for a €4.9bn (£4bn) trading loss in 2008, never took holidays and worked long hours, an industry problem according to Jean-Hubert Blanchet, [...]