City Moves for 15 November 2013 | Who’s switching jobs November 14, 2013 Sullivan & Worcester The law firm has announced the hire of Mark Norris as a finance partner in its London office. He was most recently at Squire Sanders, where he was a banking and finance partner. Norris has previously held various roles at Simmons & Simmons and Clifford Chance. PwC Michael Spiteri has joined the professional services [...]
Livingstone leisure tycoons pocket a dividend of £124m October 31, 2012 IAN and Richard Livingstone, the brothers behind David Lloyd Leisure and a string of top hotels, have paid themselves a £124m dividend despite seeing their net assets fall by a third at their property group. Loopsign, the tycoons’ holding company, paid out the dividend in the year to September 2011, according to accounts filed at [...]
David Lloyd launches high street gym chain August 27, 2012 David Lloyd Leisure, the tennis-based health and fitness club group, said yesterday it plans to launch a chain of smaller studios on British high streets to target busy workers looking for more flexible workout regimes. The group, controlled by London & Regional and Caird Capital, said it will invest £500,000 in opening three trial sites, [...]
David Lloyd Leisure prepares to hire investment bank to assess its options December 4, 2011 GYM chain David Lloyd Leisure is preparing to appoint an investment bank to advise on its strategy, according to reports. The company, which is owned jointly by Caird Capital, the private equity firm whose investors include Lloyds Banking Group, and London & Regional, the property firm owned by the billionaire Livingstone brothers, held a board [...]
David Lloyd Leisure prepares to hire investment bank to assess its options December 4, 2011 GYM chain David Lloyd Leisure is preparing to appoint an investment bank to advise on its strategy, according to reports. The company, which is owned jointly by Caird Capital, the private equity firm whose investors include Lloyds Banking Group, and London & Regional, the property firm owned by the billionaire Livingstone brothers, held a board [...]
Ex-HBOS boss in battle with FSA over fine April 22, 2012 PETER Cummings, the man behind some of the most high profile loans made by Halifax Bank of Scotland (HBOS), has been handed a seven-figure fine by the City regulator. The former corporate boss is believed to have been handed a “warning notice” by the Financial Services Authority, which has been investigating the bank’s buying spree [...]
Lloyds ploughs £20m into new restaurant fund September 3, 2012 LLOYDS Banking Group’s private equity arm said yesterday it has agreed to provide £20m for a new restaurant fund set up by the former boss of The Clapham House Group. Paul Campbell is setting up the fund through his vehicle Hill Capital in partnership with LDC to invest in restaurant businesses with a small number [...]
Why we need to convert sport to suit today’s lives February 29, 2012 MAINTAINING and realising the sporting legacy of this summer’s Olympic and Paralympic Games is a huge challenge. But it also presents the chance for those governing sport to do things differently, and find a new generation of participants as a result. Existing policy has failed to engage people in sport in the volumes hoped for. [...]
CITY MOVES WHO’S SWITCHING JOBS June 10, 2012 Vestra Wealth Management David Campbell (right) has been appointed managing partner at the London and Jersey-based wealth management firm. He was most recently at Deutsche Bank, where he ran its UK private wealth management division. Campbell also served as managing director and head of fixed income at both JP Morgan and Deutsche Bank. M&G Investments [...]
David Lloyd investing £2.5m in children’s brand as obesity rises August 29, 2011 LEISURE group David Lloyd plans to invest £2.5m in its children’s arm after rising public concern over the level of obesity among Britain’s young. It said DL Kids will open facilities at David Lloyd Finchley in North London and Beckenham in Kent in December. It will also open its first continental centre in Barcelona in [...]