DAVOS: A UNIQUE OPPORTUNITY TO SHARE NEW IDEAS January 24, 2011 GROUP CHIEF EXECUTIVE, AVIVA ATTENDING the annual World Economic Forum at Davos is a privilege. Why am I going, and what do I hope to get out of it? The great thing about Davos – but also a frustration – is that there just aren’t enough hours in the day to talk to all the [...]
What the other papers say this morning January 20, 2011 FINANCIAL TIMES GE EXPECTS DOUBLE-DIGIT GROWTH IN CHINA General Electric expects “solid double-digit” sales growth in China this year and “for a long period of time”, although revenues there have fallen short of expectations, chief executive Jeff Immelt has said. Mr Immelt said he was “quite happy” with the progress of GE’s business in China. [...]
FINEST FEAST IS BEST WAY TO BLOW BONUS January 18, 2011 A ONCE in a lifetime event raising money for three war veterans’ charities held a glamorous promotional evening last night, with some of the best chefs in the country promising to lay on one of the finest feasts the City has ever seen. The evening, dubbed Square Mile Salute, will be held at the legendary [...]
The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
ANTONIO HORTA-OSORIO: MY WIFE MADE ME TAKE UP LLOYDS BANNER December 12, 2010 CITY bankers were shocked last month when Santander UK boss Antonio Horta-Osorio jumped ship to be parachuted into the throne of Lloyds, replacing outgoing chief executive Eric Daniels. “How could he do it?” the City wanted to know. “What possessed him?” What, indeed? The high-flying Portuguese charmer had to throw in 17 years’ worth of [...]
BARCAP VICE-CHAIR TO BACK CITY WOMEN IN PLURAL DIRECTOR ROLE October 12, 2010 BARCLAYS Capital vice-chairman Gay Huey Evans has long been a trailblazer for women in the Square Mile, but she’ll be even more influential in her advocacy for greater female participation at the top echelons of the City in her new role as a “plural” board director. Huey Evans left BarCap yesterday after a long and [...]
BETFAIR FOUNDER MULLS PUTTING HIS WINDFALL MILLIONS TO STUD September 21, 2010 NEWS that Betfair’s founders Ed Wray and Andrew Black are set to net a potential windfall of £17m apiece from cashing in a tenth of their combined 22.5 per cent stake at the company’s IPO got The Capitalist to thinking yesterday – how might they put that money to good use? In Black’s case, at [...]
TRADERS PLUMP FOR THE LIFE OF LEISURE September 12, 2010 CITY traders prone to bemoaning their lengthy working hours and stressful days might want to consider hopping over to New York the next time they get itchy feet. For an attack of the green-eyed monster is sweeping Wall Street after a newspaper profile late last week of the founders of Briargate Trading – who seem [...]
BORIS OUT FOR A RIDE WITH KELLY BROOK TO LAUNCH BIKE SCHEME August 31, 2010 Boris Johnson’s love affair with two wheels continued yesterday with the launch of his driver-frustrating Sky Ride scheme, where roads are cleared throughout central London to allow cyclists to take in the sights. But The Capitalist can’t help but think bikes weren’t the only thing on the mind of the red-blooded Mayor. Accompanying him on [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 14, 2010 FINANCIAL TIMES FRANCIS MAUDE TACKLES CIVIL SERVICE PAY-OFFS Francis Maude, the Cabinet Office minister, attempted to force the hand of civil service unions yesterday as he laid emergency legislation to slash their redundancy terms while offering negotiations on a new severance deal. With up to 100,000 civil service jobs likely to go during the next [...]