Aviva has some work to do to finalise deal – Editor’s Letter November 23, 2014 Panmure Gordon, the independent stockbroking firm, made a name for itself last year when one of its analysts calculated the government was planning to sell the Royal Mail at £1bn less than what the firm thought it was worth. Subsequent events showed Panmure had been right to be bullish on the firm’s valuation, at least [...]
City Moves for 21 November 2014 | Who’s switching jobs November 20, 2014 Berenberg The bank has announced the promotion of David Mortlock to head of its London office. He joined Berenberg in 2010 as head of sales and has been global head of equities since 2013. Mortlock previously held positions at Schroders, Citigroup and MF Global. Edmond de Rothschild Group Marcus Money-Chappelle has been appointed head of [...]
Star-studded friendlies make for taxing Euro 2016 build-up November 19, 2014 ENGLAND football bosses have taken steps to ensure the Three Lions face top quality opposition ahead of the 2016 European Championships by announcing high-profile friendlies against world champions Germany and France. The Football Association (FA) is also in talks with Holland and European title-holders Spain in a bid to design a programme which tests England [...]
Ireland hit United States for four as Ronaldo and Messi fail to fire November 18, 2014 REPUBLIC of Ireland bounced back from their Euro 2016 qualification setback against Scotland to brush aside the United States 4-1 in a friendly clash at the Aviva Stadium in Dublin last night. Hull City’s Robbie Brady netted twice as Anthony Pilkington and James McClean also registered for Martin O’Neill’s side, with Max Diskerud on target for [...]
AA puts former deal king Martin Clarke in the finance hot seat November 13, 2014 Roadside recovery giant AA yesterday appointed an ex-senior private equity dealmaker to take the reins as chief financial officer of the 110-year-old business. Martin Clarke, a former executive at private equity firm Permira, will replace Andy Boland, who stepped down earlier this year as the finance chief of the firm. Clarke was part [...]
Aviva Investors’ Euan Munro on why markets will see more Wobbly Wednesdays November 11, 2014 It’s lunchtime at Aviva Investors’ offices at No.1 Poultry, but the three platters of fish, meat and vegetable sandwiches supplied by catering lie untouched on the table. Euan Munro, chief executive of the fund management house, is sitting drinking full fat Coca-Cola from a glass, while the pungent aroma of the Coq d’Argent restaurant upstairs [...]
England warned that Springboks want their scalp November 11, 2014 ENGLAND coach Mike Catt expects to feel the full force of South African retaliation at Twickenham on Saturday even if their humbling at the hands of Ireland forces the Springboks to modify their attacking instincts. Heyneke Meyer’s side were brushed aside 29-15 at the Aviva Stadium, a defeat which punctured the euphoria surrounding the defeat [...]
Aviva closes IPO of Turkish arm November 10, 2014 INSURANCE company Aviva yesterday confirmed the closing of its Turkish arm’s IPO, following its announcement in September that it was offering to the public market a minority stake in the shares of its joint venture with Sabanci Group, AvivaSA. The company, which will be listed as Avisa on Borsa Istanbul, the Turkish stock exchange, from [...]
City Moves for 10 November 2014 | Who’s switching jobs November 9, 2014 Lombard The asset finance provider has appointed Greg Chiappini as head of aviation and marine. He was most recently head of specialist asset management at Lombard, and started his career as an officer in the South African Navy. MetLife UK Simon Massey has been appointed wealth management director at the insurance and investment firm. He [...]
Merchants Walk in east London: Affordable house prices, yet very commutable October 30, 2014 As the fringes of the City soar in both popularity and price, first-time buyers and young professionals on modest incomes are looking to move a bit further afield. In this case “further afield” means 15 minutes away by Tube. Bow in Tower Hamlets, east London, has seen a spurt in popularity as a result, [...]