Top City PR Brian Basham returns May 28, 2014 VETERAN City-spinner Brian Basham is back on the scene. The Broad Street Associates legend has launched a crowdfunding firm called ArchOver, aiming to help out cash-strapped SMEs. Some of the advertising planned for the firm involves slogans such as “RIP Banks” – but Basham isn’t worried about upsetting his old City pals. “It’s slightly tongue-in-cheek,” [...]
City Moves for 29 May 2014 | Who’s switching jobs May 28, 2014 Julius Baer The private bank has appointed Massimo Luca Hilber to its UK management team as head of relationship management. He has over 32 years’ experience in wealth management, and joins from Aris Primepartners,having previously worked at Marcuard Asia, Deutsche Bank and Credit Suisse. Atom Bank The challenger bank has appointed Paul Hanks as chief [...]
Best of the Brokers for 29 May 2014 May 28, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com VODAFONE Berenberg has downgraded Vodafone to “hold” from “buy”, reducing the target price to 214p from 265p as a result of higher pressure on margins and sharply reduced prospects of an offer from AT&T. The broker said that the reduction in price target [...]
London Report: Investors brush off Glaxo fraud probe as FTSE edges up May 28, 2014 BRITAIN’S top shares edged up yesterday, with pharma giant Glaxosmithkline’s stock falling by only a relatively modest amount after the UK fraud office launched a criminal investigation into its commercial practices. The FTSE 100 closed up 6.28 points, or 0.1 per cent, at 6,851.22 points. The drugmaker fell 1.6 per cent on news of the [...]
New York Report: Dow Jones falls on a quiet day May 28, 2014 PROFIT taking sent US stocks down yesterday as investors took a breather after four days of solid gains fueled by positive economic data. The Dow Jones industrial average fell 42.32 points or 0.25 per cent, to 16,633.18. The S&P 500 lost 2.13 points or 0.11 per cent, to end at 1,909.78, and the Nasdaq Composite [...]
Financing your MBA: Three tips to meet the cost May 28, 2014 Employer support can be hard to come by, so remember to spread your net wide WITH tuition fees of over £50,000 a year for the top programmes, MBAs don’t come cheap. Factoring in textbooks, accommodation, and the opportunity cost of foregoing a full-time salary, this figure can easily rise above £100,000. And while the return [...]
Letters to the Editor – 29/05 – Energy innovation, Best of Twitter May 28, 2014 Energy innovation [Re: Why environmentalists should embrace fracking, yesterday] Paul Ormerod’s opinion piece claims that I deny the ability of innovation to solve climate change problems. That is absolute nonsense. We need every tool available to us if we’re to build a new energy system based on clean, home-grown, secure energy supplies. We need a [...]
How smaller business can use big data to help drive growth May 28, 2014 Your company may be sitting on an unused information goldmine BUSINESSES are in the middle of an information explosion. In 2012, IBM estimated that 90 per cent of the data in existence had been created in just the two prior years. The International Data Centre, meanwhile, forecasts that the market for big data will reach [...]
The data toolkit: What small and medium-sized firms need to know May 28, 2014 BIG DATA has moved beyond the technology hype cycle, and is now a cornerstone of digital economies across the world. As we approach 30 per cent of humanity connected to the web, big data has become relevant to companies of all sizes. Although we have a large number of SMEs in the UK relative to [...]
Playing the long game: Using data to drive new sales May 28, 2014 Rob Symes, founder of The Outside View, talks to Liam Ward-Proud about how predictive analytics has helped his firm find new customers, but why it won’t solve all your organisation’s problems IT’S OFTEN difficult for businesses to know how best to use the sheer volume of data they generate. Information on interactions with customers, the [...]
