Rathbones audit chair leaves June 3, 2014 The chair of the audit committee at wealth manager Rathbone Brothers, Oliver Corbett, will step down from the group as a non-executive director after nine years in the role to join the board of Close Brothers. Board member James Dean has been named head of the audit committee. “The board is very grateful for the [...]
Thai confidence returning June 3, 2014 Consumer confidence in Thailand rose last month for the first time in more than a year on hopes that the new military government will stabilise the country. The University of the Thai Chamber of Commerce, which runs an index on consumer confidence, said consumer confidence had risen to 70.7 in May, up from 67.8 in [...]
City Moves for 04 June 2014 | Who’s switching jobs June 3, 2014 Akur Capital The capital markets advisory firm has announced the appointment of Siobhan Sergeant as head of corporate finance execution. She was most recently at Smith & Williamson, where she was a director in its corporate finance division. Aviva Investors Aviva Investors has appointed Susan Ebenston as chief operating officer. She joins from Westpac Group [...]
Best of the Brokers for 04 June 2014 June 3, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com SCHRODERS Espirito Santo has initiated coverage of the asset manager with a “buy” rating and a target price of 2,991p, calling it the “best in show” and the highest quality quoted asset manager in the UK. The broker expects Schroders to outperform its [...]
London Report: Plumbing supplier Wolseley leads the FTSE in light trade June 3, 2014 BRITAIN’S top share index edged lower in light trade yesterday, with most stocks falling in thin volumes ahead of the European Central Bank’s meeting this week. Substantial buying of shares in plumbing supplier Wolseley provided some support. Wolseley rose 1.6 per cent to be the top FTSE 100 gainer, after it reported a 5.1 per [...]
New York Report: Dow and S&P ease off highs June 3, 2014 US STOCKS dipped in thin volume yesterday, with the Dow and the S&P 500 retreating from Monday’s record closing levels as traders found few reasons to buy following a string of gains. The Dow Jones industrial average fell 21.29 points or 0.13 per cent, to end at 16,722.34. The S&P 500 inched down just 0.73 [...]
Letters to the Editor – 04/06 – The end of cash, Best of Twitter June 3, 2014 The end of cash [Re: Could Britain soon be a cashless society? yesterday] We are definitely moving towards becoming a cashless society, although it will take some time to get there. With non-cash payments predicted to overtake cash in 2015, it is extremely likely that, in 10 to 15 years, a significant proportion of the [...]
Back to basics: End of the job advert June 3, 2014 Businesses don’t hire like they used to. In a recent blog, Stacy Zapar of online retailer Zappos lamented the end of old-fashioned headhunting, “when recruiting was all about relationships.” Cold-calling, networking, and conversations were the modus operandi, she says. A trusted network of contacts was used to spread word of a new opening. And while [...]
Captains spark war of words June 3, 2014 ENGLAND captain Alastair Cook was at loggerheads with Sri Lanka counterpart Angelo Matthews last night, following the manner of Jos Buttler’s dismissal at Edgbaston that proved pivotal in landing the tourists a six-wicket win and the one-day international series. The home side, batting first with the series evenly poised at 2-2, were in a promising [...]
Wayne Rooney handed wing role for Ecuador friendly June 3, 2014 ENGLAND manager Roy Hodgson is set to deploy Wayne Rooney on his unfavoured left-flank against Ecuador tonight as he ponders using his most experienced forward in the same role at the World Cup. Rooney has struggled for form and fitness recently and produced an uninspiring display in Friday’s 3-0 win over Peru – his 89th [...]
