May suffers fresh Commons blow as MPs grab control of Brexit process March 26, 2019 Theresa May was hit by further ministerial resignations last night after three ministers quit the government in order to back a rebel amendment granting MPs the power to organise key Brexit votes today. Business minister Richard Harrington, health minister Steve Brine and Foreign Office minister Alistair Burt all went against the whip to vote in [...]
City Moves for 26 March – who’s switching jobs at Applause, Amino Technologies and Flexible Office Space? March 26, 2019 Who’s on the move today? Applause Applause, the worldwide leader in digital quality and crowdsourced testing, has announced that Lisa Landa will join the company as chief marketing officer. Her success in building strong brands, generating demand and leading worldwide teams will be instrumental as Applause extends its market leadership across the globe. She comes [...]
City Moves for 25 March – who’s switching jobs at MUFG, NB Private Equity and University College London? March 25, 2019 Who’s on the move today? MUFG MUFG, the Tokyo-based financial group, has appointed John Winter as chief executive of MUFG Securities EMEA and head of MUFG Bank’s global corporate and Investment Banking (GCIB) business in EMEA. John takes up the reins at MUFG following a 31-year career in financial services which has included senior roles [...]
Editor’s Notes: A dose of rational optimism blew away the fog of Brexit March 22, 2019 After another week of Brexit-related chaos, I was determined to cheer myself up yesterday, and so set a course for the annual Adam Smith Institute lecture in the House of Lords. This year’s speaker was Steven Pinker, the Johnstone Professor of Psychology at Harvard – and a master optimist. If Pinker’s empirical case for the [...]
City Moves for 22 March – who’s switching jobs at Rabobank, Legal & General and Exterion Media? March 22, 2019 Who’s on the move? Rabobank Rabobank, the global food, beverage and agribusiness bank, has appointed Thomas Levin as senior coverage banker in its global corporate clients team, based in London. Thomas brings more than 13 years of experience in corporate and investment banking. He joins from Mizuho Bank where he was responsible for originating M&A [...]
May tells public ‘I’m on your side’ as she calls for Brexit date extension March 21, 2019 Theresa May last night conceded that any delay to Brexit was “a matter of deep personal regret” as she used a live Downing Street address to pile pressure on MPs to back her unpopular deal. Speaking from Number 10, the Prime Minister said the public has “had enough” of the Brexit debate and wanted politicians [...]
City Moves for 21 March – who’s switching jobs at Orchard Street, Dechert and Lloyds Bank? March 21, 2019 Who’s on the move today? Orchard Street Investment Management Orchard Street Investment Management, the specialist commercial property investment manager, has appointed Dawn Marie La Monica head of compliance and risk. She will be responsible for ensuring compliance with the relevant regulations and laws impacting the firm, guiding the shape of corporate governance and culture, and [...]
Will Ryanair gain from turbulent O’Leary moving aside? March 20, 2019 Earlier this month, the chief of budget airline Ryanair, Michael O’Leary, announced he would be stepping back from the day-to-day running of the airline. O’Leary identified his reputation as a negative distraction to the airline’s business and that the move would be a chance to “reboot” the company’s public perception after “disappointing” profit announcements. O’Leary [...]
City Moves for 20 March – who’s switching jobs at Crowell & Moring, Delta Capita and DWF? March 20, 2019 Who’s switching jobs today? Crowell & Moring Andrew Knight is joining Crowell & Moring’s London office as a partner in its corporate and financial services practices to strengthen the firm’s ability to advise clients on debt finance and asset-based lending.His practice focuses on international financial law in the context of asset-based lending, syndications, restructurings, loan [...]
The FCA has to show it really means business March 20, 2019 THE CITY watchdog is back in the doghouse again following the collapse of mini-bonds lender London Capital & Finance (LC&F). Yesterday, Treasury Select Committee chair Nicky Morgan MP wrote to the Financial Conduct Authority (FCA) and the Treasury demanding an investigation into possible “regulatory failings” surrounding the lender’s collapse. Read more: Nicky Morgan calls for [...]