HEADHUNT IS ON FOR DISGRACED EX-BANKERS August 10, 2009 SOME in the City might be surprised by Sir Fred Goodwin’s decision to re-enter the business world, as revealed on the front page of City A.M. today, but it seems headhunters will be rubbing their hands with glee. Take former HBOS chief Andy Hornby, who was also strung up by the public for his role [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 19, 2009 THE SUNDAYSThe Sunday TelegraphENGINE IN DRIVE FOR EXPANSIONThe advertising agency that created the 118 directory enquiries runners is seeking £50m to fund an international expansion drive that will take it to the US and the Far East. The Engine Group has appointed advisers at Jefferies and the corporate finance arm of Ingenious Media to secure [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 19, 2009 THE SUNDAYSThe Sunday TelegraphENGINE IN DRIVE FOR EXPANSIONThe advertising agency that created the 118 directory enquiries runners is seeking £50m to fund an international expansion drive that will take it to the US and the Far East. The Engine Group has appointed advisers at Jefferies and the corporate finance arm of Ingenious Media to secure [...]
Founders of Setanta plan last ditch bid June 9, 2009 SETANTA founders Leonard Ryan and Michael O’Rourke are understood to be locked in talks to table a last-ditch bid that could see them buy out the ailing firm’s other investors, which include Doughty Hanson, Balderton Capital and Goldman Sachs. It is also thought that Setanta has recently offered stakes of up to 30 per cent [...]
BANKS HIDE BEHIND DISGUISE AT GLORIOUS GOODWOOD WASH-OUT July 30, 2009 A RIGHT royal washout yesterday at the third day of Glorious Goodwood, one of the City’s favourite sporting events (read: an extravagant booze-up in posh suits and frocks). The rain came down hard on several occasions, sending those who had arrived for the annual Ladies Day scuttling for cover under their hats – and huddling [...]
BANKS HIDE BEHIND DISGUISE AT GLORIOUS GOODWOOD WASH-OUT July 30, 2009 A RIGHT royal washout yesterday at the third day of Glorious Goodwood, one of the City’s favourite sporting events (read: an extravagant booze-up in posh suits and frocks). The rain came down hard on several occasions, sending those who had arrived for the annual Ladies Day scuttling for cover under their hats – and huddling [...]
F&C adds two heavyweights to its board June 1, 2009 ASSET manager F&C has added a former PricewaterhouseCoopers (PwC) chairman and a former chief executive of rival Henderson to its board, in a bold reshuffle ahead of its shift to corporate independence. The group, currently being demerged from life insurer Friends Provident, named ex-Henderson chief executive Roger Yates as a non-executive director. He will be [...]
CITY MOVES WHO’S SWITCHING JOBS June 11, 2009 Augusta & CoThe independent merchant banking group has appointed Rachael Luxton to strengthen its debt advisory and restructuring capabilities. Luxton joins as a director from the international corporate finance team at Citigroup. She is a specialist in restructuring and managing distressed debt situations, having previously advised firms including MyTravel, Fiat, Yukos and Alstom. Mercer Jerry [...]
Meet the oil man who is toughing out the harsh new era of low prices May 31, 2009 THE CHIEF executive of oil services business Wood Group Allister Langlands is in remarkably relaxed mood for a man who has seen oil plummet from $147 (£91) a barrel last July to around $65 currently, with all the mothballing of lucrative new projects a slump like that brings. The Aberdeen-based firm may have posted an [...]
Meet the oil man who is toughing out the harsh new era of low prices May 31, 2009 THE CHIEF executive of oil services business Wood Group Allister Langlands is in remarkably relaxed mood for a man who has seen oil plummet from $147 (£91) a barrel last July to around $65 currently, with all the mothballing of lucrative new projects a slump like that brings. The Aberdeen-based firm may have posted an [...]