Who’s switching jobs October 23, 2012 BT Dan Fitz has been appointed company secretary of BT Group. He is currently group general counsel, and replaces Andrew Parker. Fitz has also previously served as group general counsel at Misys, and held the same position at Cable & Wireless. BlueBay Asset Management Erich Gerth has been appointed global head of business development at [...]
Who’s switching jobs October 22, 2012 Baird Jonathan Bourn has been appointed managing director in Baird’s European investment banking team. He was previously a partner at AAC Capital. Bourn has also held roles in Credit Suisse First Boston’s acquisition and leveraged finance group. Allianz Global Corporate and Specialty The insurance firm has appointed Elke Vagenende as head of product development, financial [...]
Why stammering didn’t hold back my career at E&Y October 21, 2012 WHAT do Moses, George VI, Sir Winston Churchill, Charles Darwin, Emily Blunt, Bruce Willis, and Julia Roberts have in common? They all suffered, or suffer, from a stammer. Today is International Stammering Awareness Day. And an increasing number of organisations in the UK are now waking up to the potential that stammerers hold. They’re taking [...]
Best of the Brokers October 16, 2012 ASOS Morgan Stanley has started covering the online retailer with an “overweight” rating and a target price of 3,000p, cheering the firm’s superior sales offering and entrepreneurial management team. BT The telecoms group is Nomura’s top pick in the sector, with a “buy” rating and a price target of 260p. BT is set to benefit [...]
City Moves | Who’s switching jobs September 30, 2012 Alpha Strategic The investment firm has appointed Alistair McKay as its new chief executive. He was most recently a senior adviser to Asset Management Finance, a US private investment firm. McKay is a chartered accountant and has also previously held senior roles at Credit Suisse and Morgan Stanley. Michael Page Kate Chapman has been appointed [...]
Vodafone will have to fork out £500m to make most of CWW September 27, 2012 VODAFONE will have to spend £500m on integrating Cable & Wireless Worldwide (CWW)’s infrastructure into its own network, the firm announced yesterday, as it counted the cost of the £1.3bn acquisition. However, Vodafone said the benefits of the purchase were better than many analysts had expected, leading to cash generation of £150m-200m by 2016. CWW [...]
Duck & Waffle doesn’t have the greatest kitchen in the world but the views are ace September 24, 2012 RESTAURANT DUCK & WAFFLE Heron Tower, 110 Bishopsgate, EC2N 4AY FOOD ** SERVICE **** ATMOSPHERE ***** Cost per person without wine: £44 MY HOUSE is what estate agents would euphemistically call “lower ground”, which translates almost exactly as “basement”. Outside the front door, running underneath the pavement, is a cupboard, which would, once upon a [...]
Who’s switching jobs September 20, 2012 Cording Group John Partridge has been appointed executive chairman of the real estate investment firm. He is the founder and former executive chairman of Cordea Savills. Partridge also previously served as chief executive of the property fund management businesses at Morgan Grenfell and Henderson. Altium The investment bank has appointed Aksana Pekun as managing director [...]
Talks fail to break deadlock in dispute over Euro rugby future September 18, 2012 EUROPEAN rugby’s future remains in the balance after talks in Dublin yesterday failed to avert the threat of a breakaway from English and French top-flight clubs. Stakeholders in European Rugby Cup [ERC], organisers of the Heineken Cup and Amlin Challenge Cup, agreed to reconvene in Rome next month to continue dialogue. It comes after Premiership [...]
Hermes shareholder activists jump ship to join RWC Partners September 18, 2012 HERMES Fund Managers, one of the largest asset managers in the UK, has sold its $800m (£492.5m) activist shareholder division Hermes Focus Asset Management to London-based boutique fund manager RWC Partners. The three team division, owned by Hermes’ parent company the BT Pension Scheme, will transfer to RWC next month. The funds use shareholder activism [...]