Britain’s infrastructure craze has echoes of Japan’s debt-fuelled building boom December 15, 2014 THE RECENT announcement that the projected cost of Crossrail 2 has risen to £27bn should be cause for deep concern within the Treasury. Added to HS2 and HS3, this means the total budget of just three planned or proposed rail schemes could be close to £100bn – or perhaps even higher, given the overruns so [...]
Bank of England stress tests: There’s still an elephant in the room December 15, 2014 With the Bank of England releasing the results of its stress tests today, banks’ financial strength is still a major concern for markets, regulators and policymakers. The second set of stress-testing results in just a two-month period, following the comprehensive assessment issued by the European Banking Authority and European Central Bank in October, the latest [...]
As vendors count the cost of the Amazon 1p glitch, is more protection needed for sellers? December 15, 2014 Stephen Palmer, managing director at TV Village, says Yes. It is important to note that this is not Amazon’s fault – it’s down to the third-party repricing software, RepricerExpress. But this has definitely made me more nervous about letting Amazon ship our goods, instead of us sending them directly. At least when we despatch them, [...]
City Moves for 10 December 2014 | Who’s switching jobs December 9, 2014 Lambert Smith Hampton The commercial property consultancy has appointed Kenneth Hogg as a director in its London valuation team. He has 24 years’ experience in commercial property, and joins from Davis Coffer Lyons. TSB Craig Bundell has been appointed head of credit cards at the bank. He joins from Mastercard, where he held the position [...]
City Moves for 09 December 2014 | Who’s switching jobs December 8, 2014 TSP The commercial property agency has announced two promotions. Jonathan Vanstone-Walker becomes director of surveying & agency. He joined TSP in 2011. Abigail Bridgland (pictured) becomes senior associate surveyor. She has been at the firm for two years. State Street Matt Davey has been appointed senior vice president and head of the asset manager client [...]
City Moves for 08 December 2014 | Who’s switching jobs December 7, 2014 BNP Paribas Real Estate James Max has been appointed UK board adviser to the property advisory firm. He joined in January 2014 as a senior advisory director. Max is a media personality and has also held roles at DTZ, Morgan Stanley, and Doughty Hanson. Addleshaw Goddard The law firm has announced the appointment of Katie [...]
City Moves for 05 December 2014 | Who’s switching jobs December 4, 2014 Three Crowns The global arbitration law firm has appointed Carmen Martinez Lopez as a partner in its London office. She joins from Covington & Burling, where she was an arbitration partner. Martinez Lopez has particular expertise in the Latin American and Spanish language markets. Armstrong Investment Managers Christopher Sullivan has been appointed director and head [...]
City Moves for 04 December 2014 | Who’s switching jobs December 3, 2014 Cornerstone Real Estate Advisers The real estate investment manager has appointed Julian Gabriel as head of investment, Europe. He was formerly head of real estate at Doughty Hanson & Co Real Estate, and has also held senior positions at Citibank and Deutsche Bank. Morgan McKinley The recruiter has appointed David Leithead as managing director for [...]
City Moves for 03 December 2014 | Who’s switching jobs December 2, 2014 Valad Europe The real estate investment manager has appointed Simon Marriott as head of UK real estate. He was most recently director in the real estate transactions team at PwC, and has also held roles at Oxford Properties, MGPA, and Invista REIM. Ontario Teachers’ Pension Plan Jo Taylor has been appointed managing director for Europe, [...]
City Moves for 02 December 2014 | Who’s switching jobs December 1, 2014 Baker Tilly Jim Muir has been appointed head of financial services at the accountancy and business advisory firm. He previously worked at KPMG, and has held board level positions at a range of financial services businesses. Standard Chartered Gwynne Master has been appointed head of financial institutions for Europe in the bank’s corporate and institutional [...]
