Moore Capital recruits Brevan Howard founder for a senior global macro role January 5, 2010 MOORE Capital Management, the $14bn (£8.7bn) New York hedge fund run by Louis Moore Bacon, has hired former Brevan Howard man Jean-Philippe Blochet. Blochet will start in the middle of January and will take charge of a global macro strategy, trading stocks, bonds and commodities based on broad economic trends. Global macro strategies roam between [...]
CITY MOVES WHO’S SWITCHING JOBS December 2, 2009 Deutsche BankDeutsche Bank’s private wealth management division said yesterday it had appointed Kwong Kin Mun as head of private banking for its South East Asian arm. He will take up the position from 21 December. Prior to this, Kin Mun had been the head of private banking for South Asia at DBS Private Bank in [...]
CITY MOVES WHO’S SWITCHING JOBS November 24, 2009 Clifford Chance The law firm has elected Andrew Forryan as the new London leader for its capital markets practice, for a period of four years.Forryan, who takes over from David Bickerton, recently elected as the firm’s regional managing partner in the UK and Middle East, has been a partner at Clifford Chance since 1997. He [...]
CITY MOVES WHO’S SWITCHING JOBS December 7, 2009 Reed SmithThe law firm has appointed Graham Green as a partner in its employment group in London. Green joins from rival McDermott Will & Emery, and has also worked in the employment department at Linklaters. His practice covers all types of discrimination claims, including race, sex, age and disability discrimination, as well as claims over [...]
OUT OF OFFICE November 10, 2009 JAMIE LUMLEY PHOTO SHOW OPENSAs the son of Joanna Lumley, Jamie Lumley is in pole position to comment on the plight of the Ghurkas. Last night saw the launch of his new photo exhibition, which explores the concept of home based on his experience of London and time spent in Nepal with his mother on [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 13, 2009 THE SUNDAYS The Sundays Telegraph DEBENHAMS DIRECTORS GET BUMPER PAYOUTS Directors of Debenhams have received bumper payouts, despite the retailer cutting its dividend payment to shareholders last year. Rob Templeman, chief executive, saw his package increase by a third to £1.24m after he was granted a bonus of £428,073. Michael Sharp, deputy chief executive, saw [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 1, 2009 FINANCIAL TIMES SCRAPPAGE INCENTIVES REVIVE CAR DEMAND Car sales rose in several big European and Asian markets last month, lifted largely by government scrapping incentives aimed at reviving consumer demand. The numbers give weight to the notion that stimulus measures are pulling the global motor industry out of its deep downturn, but carmakers and industry [...]
Why insider trading is hard to prove November 3, 2009 LAST month, the FBI smashed an alleged $20m insider trading scheme centring on the New York hedge fund Galleon, when they raided its offices and arrested billionaire financier Raj Rajaratnam and five accused accomplices. In the wake of criticism of the Financial Services Authority (FSA) in this country over its percveived toothlessness, the regulator is [...]
Why insider trading is hard to prove November 3, 2009 LAST month, the FBI smashed an alleged $20m insider trading scheme centring on the New York hedge fund Galleon, when they raided its offices and arrested billionaire financier Raj Rajaratnam and five accused accomplices. In the wake of criticism of the Financial Services Authority (FSA) in this country over its percveived toothlessness, the regulator is [...]
THE LONDON REPORT November 23, 2009 BRITAIN’S top share index ended sharply higher yesterday, snapping a four-day losing streak, with commodity and banking stocks rallying after comments by a senior US Federal Reserve official. The FTSE 100 index finished up 104.09 points, or 2 per cent, at 5,355.50 and recorded its biggest one-day percentage rise in more than six weeks. The [...]