Goldman leads M&A tables September 2, 2010 GOLDMAN Sachs is the most sought after financial adviser globally on merger and acquisitions, after landing a role on three mammoth takeover deals last month. The Wall Street giant pushed its way to the top of Thomson Reuters’ M&A adviser rankings after taking a pole position on the highest valued deals since January. In that [...]
Metro Bank vows to employ 500 staff by next year as it opens second branch September 2, 2010 HIGH STREET upstart Metro Bank said it would employ more than 500 staff by the end of next year as it opened its second branch in the UK. Chief executive Craig Donaldson told City A.M. the retail deposit taker, which aims to attract disillusioned customers from other major lenders, would have 200 employees by Christmas. [...]
WM Morrison to start selling groceries online September 2, 2010 WM MORRISON, Britain’s fourth largest supermarket chain, is expected to announce next week that it will start selling groceries online. According to the Financial Times, the retailer’s newly appointed chief executive Dalton Philips is set to make his business plan for Morrison’s future, including offering groceries online to its customers, public next week. In his [...]
RAB Capital hires a new chief exec September 2, 2010 RAB CAPITAL has hired Charles Kirwan-Taylor as its new chief executive, replacing Stephen Couttie. Kirwan-Taylor was previously chief investment officer at the firm, having joined in 2008 during the last management shake-up. He becomes the hedge fund’s third boss in less than two years. Couttie has left to pursue interests outside the group, but will [...]
GELDOF SEEKS $1BN FOR AFRICAN FUND September 2, 2010 SIR Bob Geldof has launched a private equity fund to raise $1bn for investment in Africa – making it one of the largest in the market for African deals. Geldof has teamed up with Mark Florman, a former executive at UK buyout firm Doughty Hanson, to run the fund. Called 8 Miles, the fund plans [...]
‘Spot-fixing’ trio suspended by ICC?despite set-up claims September 2, 2010 THE three Pakistan cricketers at the centre of the ‘spot-fixing’ allegations were last night charged with various offences by the International Cricket Council (ICC). Test captain Salman Butt, Mohammad Asif and Mohammad Amir were provisionally suspended from playing following “alleged irregular behaviour” during the fourth Test at Lord’s last week. “We will not tolerate corruption [...]
Roo’s back in the groove, raves Capello September 2, 2010 ENGLAND vs BULGARIA TONIGHT, KO 8PM, ITV1 FABIO CAPELLO admitted his relief at Wayne Rooney’s return to goalscoring form and is set to keep faith with his star striker for tonight’s Euro 2012 qualifier with Bulgaria. The Manchester United striker ended his five-month goal drought when he converted a penalty in the 3-0 win over [...]
More than a rugby coach: Venter the visionary September 2, 2010 MAYBE it’s because Brendan Venter spent the summer back home in South Africa working as a doctor in his own practice, an environment in every sense half a world away from top-level English sport. Or perhaps it’s down to his singularly utopian philosophy for running Saracens, where he insists rugby is “a side issue” and [...]
If it’s an improvement on last year, we’re in for a real treat September 2, 2010 LAST season was a fantastic year for Premiership rugby, culminating in one of the best finals I have ever seen. Leicester and Saracens went hammer and tongs at each other in a high-quality game, which swung from one end to another right to the very last passage of play. On reflection, it was a season [...]
When Ryder Cup golf was disgraced September 2, 2010 IN an extract from his new book, Sam Torrance, part of Europe’s team, recalls his reaction to exuberant and premature US celebrations that marred a thrilling end to the match, which they ultimately won. I’VE called it the most disgusting and disgraceful day in the history of professional golf, and so that’s on the record. [...]