By: Shruti Tripathi

I am City A.M.'s news editor. I love interviewing entrepreneurs, carrying out investigations through freedom of information requests and covering all the latest goings on in the world's great city, London. I started my career as an intern at LondonLovesBusiness.com in 2011 and became editor in 2015. I joined City A.M. as deputy night editor in July 2016.

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City Moves for 7 July 2016 | Who’s switching jobs

July 7, 2016

Marsh Insurance broker Marsh has appointed Jeremy Cooke as vice chairman of global placement. In his new role, Jeremy will focus on critical growth areas including complex market negotiations on facilities, quota shares and key accounts. He was previously head of placement for Marsh’s international division. Prior to joining Marsh in 2003, he held senior executive positions at insurers in the US and [...]
Asset managers close the gate on £15bn-£20bn funds

July 7, 2016

Post-referendum reverberated through the City yesterday as several more property funds were forced to shut the gate on their investors, while the value of the pound languished below $1.30. Six companies’ funds, with an estimated value of £15bn to £20bn, have been frozen this week as fears over the consequences of the UK’s vote to leave [...]
Ikea’s drawer debacle won’t destroy UK image

July 6, 2016

Last week, Swedish furniture retailer Ikea recalled 29m Malm chests of drawers in North America, following the tragic death of three children in the US. The drawers had toppled over, despite advice from the company to use wall mounts along with the product. Ikea has received 41 separate reports of tip-over incidents since 2014,17 of which [...]
Tory race should come down to experience

July 6, 2016

By Thursday night we'll know which two Tory MPs will face a ballot of the party membership. One will emerge as David Cameron's successor in No 10. Five aspiring PMs entered the first round of voting yesterday, and now just three remain. Liam Fox was the first to fall. Having stood unsuccessfully for the party [...]
City Moves for 6 July 2016 | Who’s switching jobs

July 6, 2016

HSBC COMMERCIAL BANKING HSBC Commercial Banking has appointed Stuart Tait head of commercial banking, Asia-Pacific. He will relocate to Hong Kong from London to take up his new role. Stuart joined HSBC in 1984 and has held various positions in commercial banking, global banking and markets, retail banking and wealth management, risk and HR. His assignments have been in Asia, [...]
The Libor trial could be a turning point for SFO

July 5, 2016

The UK's fraud squad has had a rough ride in recent years. Wave after wave of criticism has battered its modest West End headquarters, especially since the botched investigation into property tycoon Vincent Tchenguiz. Just over four years have passed since the Serious Fraud Office (SFO) admitted that there were “no longer reasonable grounds” for pursuing [...]
City Moves for 5 July 2016 | Who’s switching jobs

July 5, 2016

Bond Dickinson National law firm Bond Dickinson has appointed Charlie Reid as its new banking and finance partner in its London office. He joins the firm from Norton Rose Fulbright where he was a senior associate. Charlie gained experience in the London office of Morrison & Foerster developing its London banking practice for eight years. Prior to joining Morrison & [...]
City Moves for 4 July 2016 | Who’s switching jobs

July 4, 2016

Towergate Towergate has appointed Kay Martin as commercial director. Kay will join the executive committee, reporting to CEO David Ross. She will join Towergate from Zurich UK where she has been a member of the UKGI executive team and chief marketing officer since June 2010. Kay recently assumed interim responsibilities for Zurich UK Personal Lines, taking on the role [...]
Osborne to slash corporation tax to below 15 per cent in bid to create a “super-competitive economy”

July 3, 2016

George Osborne is planning to slash corporation tax to below 15 per cent in a bid to create a "super-competitive economy". The cuts are part of the chancellor's plan to attract businesses discouraged from investing in Britain following Brexit. In an interview with the Financial Times, Osborne said he wants Britain to boast the lowest corporation tax rate of [...]
City Moves for 1 July 2016 | Who’s switching jobs

July 1, 2016

UniCredit UniCredit, Italy's biggest bank by assets, has appointed Jean Pierre Mustier as CEO. Jean Pierre began his career at Societe Generale where he held various positions from 1987 to 2009. In 2003, he was appointed head of Societe Generale’s corporate and investment banking division and member of the bank’s executive committee. From 2011 to [...]

Economy bogged down by low-performing firms

Premier League clubs face unlicensed gambling firms ban

Inside Sarah Ferguson’s £100k-a-week rehab with lakeside apartment and round-the-clock therapy

By: Shruti Tripathi

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