LISTED PRODUCT NEWS May 19, 2010 COOKING UP A WINNER AT ISHARES The ETF provider iShares launched a new educational campaign this week in novel fashion. If you were around the City earlier this week then you may have seen two chefs, former contenders on MasterChef no less, cooking up a storm to promote the benefits of ETFs. The chefs used [...]
Constrained times ahead for banks as regulators piece together Basel III May 19, 2010 SINCE the banking crisis occurred, every major regulatory authority, central bank and government has been developing ideas for improving bank regulations, with some already imposed. Meanwhile, the Basel Committee on Banking Supervision, which produced the original 1988 Basel Accord regulating capital requirements for banks and its subsequent revision, Basel II, ploughs on with a new [...]
Wielding power with persuasion is the strongest way to lead May 19, 2010 IF YOU think about it, persuasion and influence can be just the opposite of power. If you are loaded with power, why bother to persuade? Why not just command and have done with it? For some managers, that’s a question that needs answering. Right now there is optimism about the outcome of the recent General [...]
Picnic of champions May 19, 2010 AT bloomin’ last. It may have taken forever, but there’s finally warmth in the air and the weekend is expected to be lovely. The sunshine will have lots of us trotting off to the nearest park clutching blankets and picnic baskets, but we shouldn’t waste the occasion on the kind of basic fodder one can [...]
Borough Market gets a taste of Caribbean cacao May 19, 2010 THINK of premium, top-end chocolate and you probably think of exquisite truffles or smooth, silky bars in luxurious packaging, creations of meticulous artisan craftsmanship with the words “Swiss” or “Belgian” included somewhere. You wouldn’t think of inelegant, lumpy, rough-hewn shards of the stuff sold in no less elegant paper and plastic bags with a sticker [...]
Another triumph from the master of literary darkness May 19, 2010 THE SUNSET LIMITED BY CORMAC MCCARTHY Picador, £9.99 **** THE iconic American author of the Pulitzer winning The Road (2006) and No Country For Old Men (2005) has a fixation with the grim. Men (in general) love to read his work, see the film adaptations, perhaps because it all toys with apocalypse in various ways [...]
VEXED IN THE CITY May 19, 2010 I’m fed up with my office pal taking out his temper on me DEAR VEXED: There’s a guy at work in the same division as me. We’re on the same level as each other and joined the company at the same time. We get on brilliantly most of the time; laughing and joking, he even [...]
Let Fabregas move on, says Merson May 19, 2010 ARSENAL legend Paul Merson believes it is inevitable that Cesc Fabregas will return to Barcelona this summer and insists the captain deserves credit for being honest with the club about his desire to move. But he warns the Gunners squad needs a complete overhaul during the close season and fears that the departure of Fabregas [...]
Arsenal ought to demand £45m for captain May 19, 2010 CESC FABREGAS, like any footballer, is entitled to ask for a move, but unless Arsenal receive in excess of £40m he can have no complaints if they refuse his request. Fabregas has been at the club for almost seven years, six of those as a first team regular, and has done everything that could be [...]
Capello: 2018 bid not hurt by Triesman May 19, 2010 FABIO CAPELLO insists England remain the “perfect” hosts for the 2018 World Cup despite the controversy surrounding Lord Triesman. Triesman resigned as chairman of the bid – and indeed from the Football Association – on Sunday after he accused rival bidders Spain and Russia of conspiring to bribe referees at this summer’s showpiece. World governing [...]