Q&A: BUYING September 10, 2009 Camilla DellMANAGING PARTNER AT BLACK BRICK Q. Dear Camilla, I have had my offer accepted on a house, have had everything done but now the seller has decided to pullout with no explanation. Is there anything I can do legally to prevent this? A. One of the fundamental problems of purchasing a property in the [...]
The definitive Madoff book, with panache September 9, 2009 MADOFF: THE MAN WHO STOLE $65MBY ERIN ARVEDLUNDPenguin, £9.99 ERIN ARVEDLUND has written this book with relish – and not a small amount of “I told you so”. This is because, as an investigative reporter for big US financial publications, she blew the whistle on Madoff in 2001, with a big article for Barron’s pointing [...]
The Galvins’ new City restaurant will be the ultimate family affair September 9, 2009 IT’S not about the money,” says Chris Galvin, as he sips a cappuccino outside the site of his new restaurant next to the glass buildings that stand around the revamped Spitalfields market, with the Gherkin poking its head over the buildings in the distance. His brother and his wife nod. It’s an unusual thing to [...]
MBAs give you a flexibility that employers love September 9, 2009 IF there are people who doubt the value of an MBA, the Home Office isn’t one of them. A few years ago it introduced a points-based system for those wishing to immigrate to the UK. The receipt of a Nobel prize, Oscar or an Olympic medal gets you 25 points. If you have an MBA, [...]
Even before CSR, good business schools were already ethical September 9, 2009 MY word is my bond”, is the motto of the London Stock Exchange. There is a reason that this notion is fundamental to the City. Without trust, there can be no business – on the most basic level, you have to be able to believe that the goods you have paid for will be delivered, [...]
Glistening gold gives ETF investors protection against future inflation September 9, 2009 EARLIER this week, gold powered through the psychologically important $1,000 an ounce level, rising as high as $1,007.45. December 2009 US gold futures rose to $1,009.4 per ounce. The rise in interest in gold has also caused ripples in the world of exchange-traded commodities (ETCs), where gold ETCs have seen the biggest inflows this year [...]
FIXED INCOME AND REGIONAL ETFS BOOMING September 9, 2009 NIZAM HAMIDHEAD OF SALES STRATEGY, ISHARES EUROPE IN WHAT has been a tough environment for many investment products, exchange-traded products (ETPs), which include both exchange-traded funds (ETFs) and exchange-traded notes (ETNs), have gone from strength to strength in the past year, recording net inflows of €41.2bn. During the financial crisis, investors have migrated away from [...]
Dutch rules to limit risk and pay at banks September 9, 2009 DUTCH banks will see their remuneration structures curbed and be required to obtain regular approval of risk strategies under a new voluntary code of self-regulation to begin on 1 January. The bank code follows a report in April on the future of the country’s banking system, after the collapse or near-collapse of a number of [...]
F&Cinvestment trust head celebrates FTSErelegation September 9, 2009 JEREMY Tigue, manager of the Foreign & Colonial Investment Trust, has taken the unusual step of welcoming the fund’s demotion from the FTSE 100 index this week. While most company bosses treat being part of the top-rank index of blue chip giants as a goal above all others, Foreign & Colonial (F&C) said Tigue has [...]
CNPC secures 30bn funding September 9, 2009 CHINA National Petroleum Corp (CNPC), parent of Asia’s largest oil and gas producer PetroChina, said yesterday it had secured a $30bn (£18.13bn) state loan to fund overseas expansion, as Beijing seeks to secure resources for the world’s fastest-growing major economy. The Chinese government, sitting on more than $2 trillion in foreign exchange reserves, has this [...]
