You can either read the news or make it September 15, 2013 JP Morgan’s top investment banker in London tells David Hellier how he gets a buzz from his work life ON the morning I meet Viswas Raghavan, JP Morgan’s European head of investment banking, he is buzzing. The spectacular view from his office is of the docklands and the City of London but his gaze is [...]
Analyst of the year September 15, 2013 The role of the analyst has become increasingly important at such an uncertain time in the economy, when everyone is looking for guidance. This category’s nominees all stand out for their impressive foresight in their respective sectors and their revered reputations in the industry. Here is our pick of the analysts truly at the top [...]
Dealmaker of the year September 15, 2013 There’s been a lack of mergers and acquisitions so far this year but that doesn’t mean there haven’t been some exciting deals for bankers to get a buzz from. From innovative rights issues to a resurgence of flotations, with a few traditional acquisitions and sales thrown in, the year has been a lively one for [...]
Best of the Brokers for 16 September 2013 September 15, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com GALLIFORD TRY Peel Hunt reckons investors should “buy” the housebuilder, and has a target of 1,100p, ahead of final results due tomorrow. The broker predicts record profit of around £74m, up 19 per cent on last year thanks to higher margins, and expects [...]
London Report: Drop in inflation unlikely to help consumers long September 15, 2013 CONSUMERS are likely to receive a small piece of good news this week, with the inflation rate edging down for August. But the upbeat data is likely to come before more rising prices, as analysts predict consumer price inflation will reach three per cent soon. The inflation news, out tomorrow, is part of a slew [...]
Wall St The Week Ahead: US markets are ready for cut in fiscal stimulus September 15, 2013 MONTHS of anticipation will come to an end this week when the Federal Reserve finally says whether it will start to rein in its massive stimulus of the economy, which has flooded financial markets with some $2.75 trillion over the past five years, supercharging returns on everything from stocks to junk bonds. But for all [...]
Disruptive technology isn’t a miracle: We can harness its future power now September 15, 2013 THE ASTONISHING rise of firms like Twitter (founded just seven years ago, yet now expected to float for $10bn), is often seen as a grand romantic narrative – an exciting story, difficult to predict. But transformation, disruption, and change should be easier to forecast. The only weapon we need is the deceptively simple power of [...]
City Matters: Britain’s seafaring past is still shaping the City’s culture and economy today September 15, 2013 WHEN people talk about the “City”, they often do so solely in terms of its banks – and financial services. These are a central element of what the City does, but this leaves out a whole side of the Square Mile that is just as important: the second thing we sum up in the handy [...]
Artificially limiting rises in house prices will do more harm than good September 15, 2013 ECONOMISTS should be humbled by Friedrich Hayek’s famous plea: “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” If only government and central banks – and those who lobby them – realised how little good came from their proposed interventions, and how [...]
Letters to the Editor – 16/09 – House price cap, Startup survival, Best of Twitter September 15, 2013 House price cap [Re: Industry calls to limit lending won’t fix our bust housing system, Friday] A policy of the state intervening to cap house prices will strangle our fragile growth and exclude more people from home ownership. In economics, supply must meet demand. We need to fix the supply issues through less red tape [...]
