Davos 2015 World Economic Forum: Top execs gather for grand old Duke of York January 22, 2015 It takes a lot to overshadow a quantitative easing programme on the scale of the one announced by the European Central Bank yesterday, but the Duke of York’s private life somehow managed it. Squeezed eight-deep into the Salon Rotary at the Belvedere Hotel, bosses from BP, Citi, Marks & Spencer and Diageo turned up to [...]
City Moves for 20 January 2015 | Who’s switching jobs January 19, 2015 HSBC David Phythian has been appointed head of corporate real estate for the bank in the UK. He joined HSBC in 2006 and was head of its London corporate real estate office. Phythian has also held roles at UCB Bank, the United Bank of Kuwait, and a number of private property companies. Square Mile Investment [...]
Aviva to cut 1,500 jobs in Friends Life takeover January 19, 2015 Aviva could axe up to 1,500 jobs as part of its £5.1bn acquisition of its rival Friends for Life, a move which would amount to 4.8 per cent of the combined companies' total work force. The FTSE 100 insurer said it is unable to provide specifics until the takeover completes, however it will try to [...]
City Moves for 19 January 2015 | Who’s switching jobs January 18, 2015 BirthStar Target Date Funds The solutions provider for asset managers and intermediary firms has announced two appointments. Tony Hicks joins as head of business development from Aberdeen Asset Management. He has also held roles at Scottish Life and Gartmore Fund Managers. Rachael Harris (pictured) joins as head of key accounts from Just Retirement, where she [...]
City Moves for 16 January 2015 | Who’s switching jobs January 15, 2015 Baker Tilly The accountancy firm has appointed Ian Williams as a director in its restructuring and recovery service line. A solicitor with over 25 years’ experience, he previously worked at SGH Martineau, specialising in international corporate recovery cases. ING Investment Management The investment management firm has appointed Bart Oldenkamp to its integrated client solutions team. [...]
Barclays appoints former Bank of America executive as chief operating officer January 14, 2015 Barclays has called upon a former senior executive at Bank of America Merrill Lynch to step into the role of chief operating officer. Jonathan Moulds will join the British bank in February in a role that has remained vacantsince Jerry del Missier walked away amid an interest-rate rigging scandal in 2012. Antony Jenkins, Barclays [...]
Stonewall top 100 employers: Finance firms among the UK’s best LGBT employers January 14, 2015 Lloyds Banking Group has been named the most inclusive employer in the banking and finance sector, and the third most inclusive employer in the UK, by gay rights organisation Stonewall. Seven companies in the sector were named in the Workplace Equality Index, including RBS (at number 27) and American Express (at 51). Insurer Aviva (number 15) [...]
Jimmy Wales-backed mobile network The People’s Operator celebrates better than expected six months January 12, 2015 Commercial mobile phone network The People’s Operator (TPO) saw subscriber numbers grow by 140 per cent in the second half of last year, to 14,032 from 5,800. The final two months of 2014 saw the number of subscribers for the cause-based mobile operator, which is led by Wikipedia founder Jimmy Wales, go up by 28 [...]
City Moves for 13 January 2015 | Who’s switching jobs January 12, 2015 Grosvenor Fund Management The investment firm has appointed Gaston Brandes as director of capital markets, Europe. He joins from UBS Global Asset Management, where he was executive director of global real estate business development. Brandes has also held roles at Franklin Templeton Investment Services. Brown Rudnick The law firm has appointed Moris Mashali as partner [...]
Kennedy Wilson makes £503m swoop on UK property assets December 22, 2014 KENNEDY Wilson Europe Real Estate has bought a £503m portfolio of 180 mixed-use properties from receivers working on behalf of Aviva Commercial Real Estate Finance. The company, part of the Beverley Hills-based property group that raised £1bn through a London float earlier this year, said the 3.5m square feet portfolio is spread across the UK, [...]