VT is building a great warchest so get ready for a spending spree May 13, 2009 For a man with cash burning a hole in his back pocket, VT Group’s chief executive Paul Lester looks surprisingly unruffled. He sits in the airy second floor boardroom of the defence and support services firm’s London offices in the Blue Fin Building and is happy to tell City A.M. what he plans to do [...]
As finance changes graduates look to risk-management May 13, 2009 LOOKING back a couple of years, it seems as though ignoring risk had practically become a sport among those who drove the banking boom. So much for hindsight – but it was a failure of foresight that contributed to the financial catastrophes of last year. Foresight in the financial industry is the job of risk [...]
VT is building a great warchest so get ready for a spending spree May 13, 2009 “Government can’t afford its current spending rate. But tough cuts will be made after the next election.” “There are lots of distressed firms out there that are running out of cash. There is nothing we want so far.”
GET QUALIFIED FINANCIAL RISK MANAGER (FRM) May 13, 2009 For those wanting to get ahead in the risk management sector, acquiring a professional qualification can be a key factor. Bodies including the Association of Insurance and Risk Managers (AIRMIC), the Institute of Risk Managers (IRM) and the Global Association of Risk Professionals (GARP) run training qualifications for risk managers. GARP’s Financial Risk Manager (FRM) [...]
RISK MANAGEMENT NUMBER-CRUNCHING May 13, 2009 Research conducted this year by GRS, the leading financial recruitment organisation, has revealed the following statistics. In a survey of 800 risk professionals, 43 per cent said that risk managers in general had failed to communicate risk effectively to their organisations. 63 per cent said that the credit crunch had been beneficial for them in [...]
VT is building a great warchest so get ready for a spending spree May 13, 2009 Age: 59 Work: 1968 – joins Dowty Fuel Systems as a student apprentice. 1980 – group general manager for energy services group Schlumberger. 1987 – managing director, Dowty Aerospace & Defence. 1990 – chief executive of instruments specialist Graseby. 1997 – group managing director, Balfour Beatty. 2002 – CEO at VT Group Education: Studied mechanical [...]
Third day of red as miners and banks lose their appeal May 13, 2009 THE FTSE 100 dropped 2.1 per cent yesterday, succumbing to disappointing US retail sales figures, profit-taking in the banking sector and mining stocks weighed down by weak commodity prices. The index retreated for the third day in a row, closing at 4,331.37, or 94.17 points down. “Despite the change of tone, markets have more room [...]
Fave will Cheka-mate opposition in Solario December 29, 2008 The Marcus Tregoning trained Shabiba looks the filly to beat at Sandown tomorrow in the Iveco Atalanta Stakes live on Channel 4 at 2.05pm. She is stepping back up to a mile after a promising third to Visit over an inadequate seven furlongs at Goodwood last time out. The daughter of Misterah didn’t get going [...]
Mayor calls on business expertise December 8, 2008 London mayor Boris Johnson has recruited the help of 47 top-flight business leaders to offer him guidance and advice, it was announced yesterday. The International Business Advisory Council for London has been set up and will be chaired by Sir Martin Sorrell, chief executive of advertising group WPP. The council will advise the mayor on [...]
Labour must adapt, admits weary Brown September 10, 2008 Gordon Brown yesterday admitted that the Labour party would have to rethink the way it governs if it is to win at the next general election. In an unusually candid interview, the Prime Minister conceded that the government needed to do more to convince voters that it deserves an historic fourth term. He made the [...]
