City Moves for 21 February – who’s switching jobs at Cushman & Wakefield, Baker Botts and Kingswood Holdings? February 20, 2019 Who’s on the move today? Cushman & Wakefield Cushman & Wakefield has re-hired Duncan Gilliard as a partner in its central London retail team to bolster its market leading offer. Gilliard, who previously worked for Cushman & Wakefield for five years, joins from JLL where he was a director in the London retail team. He [...]
City Moves for 20 February – who’s switching jobs at Reed Smith, Aprirose and Real Asset Partners? February 20, 2019 Who’s switching jobs today? Reed Smith International law firm Reed Smith has announced that tech, media and data specialist Elle Todd will be joining their entertainment & media industry group in London as partner. She was previously partner and head of digital and data at CMS Cameron McKenna Nabarro Olswang and has worked for clients [...]
City Moves for 19 February – who’s switching jobs at Deloitte, Personal Group and BNP Paribas? February 19, 2019 Who’s on the move today? Deloitte Deloitte has appointed Chris Bostock as a director in its financial crime practice. With over 15 years’ experience, he joins from the economic crime team at the National Crime Agency (NCA) where he was the threat lead for money laundering. He led the joint money laundering intelligence taskforce, a [...]
Former Barclays chair will appear at SFO fraud trial February 18, 2019 Marcus Agius, the former chairman of Barclays, is set to appear as a witness for the prosecution at the high-profile trial of four of the bank’s former executives on fraud charges. Agius quit the bank nearly seven years ago over its role in the Libor-rigging scandal. He will be called on by the Serious Fraud [...]
City Moves for 18 February – who’s switching jobs at Clarkson, Brunswick and Maistro? February 18, 2019 Who’s on the move today? Clarkson Clarkson has announced the appointment of William (Bill) Thomas as chair. Bill will also chair the nomination committee, and serve as a member of the remuneration committee. Bill brings extensive international technology and management experience to the board, gained through both his executive and non-executive careers. Bill currently chairs [...]
Qataris pushed ‘quite aggressively’ for Barclays fee during investment scramble, court hears February 14, 2019 A Barclays boss warned his colleagues that Qatari investors were pushing “quite aggressively” to be paid for a controversial services contract at the height of the financial crisis, a court heard today. Richard Boath told fellow executive Rich Ricci that Doha was growing impatient with the bank, after it apparently missed the deadline to pay [...]
Competition watchdog warns of casework impact in event of no-deal Brexit February 14, 2019 The UK’s competition regulator warned it would have to take “tough decisions” on its casework in the event of a no-deal Brexit. The Competition and Markets Authority (CMA) said investigations into markets and price fixing could be impacted if it is forced to take on additional work after the UK leaves the EU. All antitrust [...]
EY moves European parent company to Brussels as it prepares for Brexit February 14, 2019 Big Four accountancy firm EY is shifting its legal entity from London to Brussels as it braces for the UK’s exit from the European Union. The move will form a new legal umbrella entity, EY Europe SCRL, which will manage around 40 firms across the continent. EY said there would be no changes in leadership [...]
MPs call for Sir Philip Green to be stripped of his knighthood February 13, 2019 Sir Philip Green faces fresh calls to have his knighthood stripped amid claims he groped a female executive and made a racial slur at an employee. A cross-party group of MPs is exploring ways to strip the Topshop tycoon of the honour and title. Former business minister George Freeman said he would be “formally asking” [...]
DfT took Seaborne’s word that it had secure backing before awarding no-deal ferry contract, says top civil servant February 13, 2019 Britain’s top transport mandarin has said the government had been happy to take Seaborne Freight’s word that it had secured financial backers before the firm was awarded a £13.8m contract. Bernadette Kelly, permanent secretary to the Department for Transport (DfT), said Seaborne was a “known quantity in the industry”. The DfT scrapped its contract with [...]