After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
City Moves for 25 June 2015 | Who’s switching jobs June 24, 2015 Nexus CIFS The trade credit insurer has announced the appointment of two commercial underwriters. Gavin Brown joins from Euler Hermes UK, where he has been working since 2006, most recently as an account manager. Philip Oldfield (pictured) has held roles at Aon and Amlin Credit. Artemis Ed Legget is joining the investment management firm to [...]
City Moves for 24 June 2015 | Who’s switching jobs June 23, 2015 PwC Alex Petsopoulos has been appointed partner in the professional services firm’s cyber security practice. He joins from Deloitte, where he was a partner in its security practice. Petsopoulos has over 14 years’ experience in the IT industry. State Street Global Advisors State Street’s asset management business has appointed Greg Ehret as president. He has [...]
Standard & Poor’s: Brexit could “significantly dent” UK financial services and insurance sectors June 23, 2015 Any departure from the European Union could do significant harm to the UK's insurance and financial services sectors, ratings agency Standard & Poor's has suggested. Read more: Eurosceptic report sets the stage for Brexit In a report published today, the organisation pointed out that between them, the two sectors account for 30 per cent of [...]
City Moves for 23 June 2015 | Who’s switching jobs June 22, 2015 BLP Insurance The insurer has appointed Craig Parfitt as chief operating officer. He joins from Deutsche Bank, where he was managing director specialising in financial management, operational excellence, transformational change and project management. JP Morgan Asset Management Thushka Maharaj has been appointed global strategist and executive director in the asset management firm’s global strategy team. [...]
Film review: Accidental Love June 18, 2015 Cert 15 | ★☆☆☆☆ Accidental Love was supposed to be David O Russell’s follow-up to 2004’s I Heart Huckabees, but he bailed on the project in 2010, perhaps after finally getting around to reading his own script. The story is daft: when Alice (an insignificant Jessica Biel) gets shot in the head by an errant [...]
Health sector set for change – New York Report June 14, 2015 HEALTHCARE sector investors seem bullish ahead of a crucial Supreme Court ruling on the Affordable Care Act. The court meets today but may not issue a ruling on King v Burwell, a challenge to President Obama’s signature healthcare reform legislation, until later this month. At issue are the tax credits that help about 6.4m Americans [...]
Don’t fear an increasing minimum wage – it helps the country’s poorest June 11, 2015 The great challenge for the government over the next five years is to raise productivity and living standards, while also continuing in its efforts to cut the deficit. Significant reform to planning, skills, tax and regulation will all be necessary. But one regulation which should not be abolished is the National Minimum Wage (NMW). When [...]
Old Mutual to sell stake in US asset manager June 9, 2015 OLD MUTUAL is preparing to sell a further stake in OM Asset Management (OMAM), the boutique asset manager it spun off in a float on the New York Stock Exchange last year. The Anglo-South African investment, savings, insurance and banking group, which is listed on the FTSE 100, yesterday said it would use the proceeds [...]
City Moves for 9 June 2015 | Who’s switching jobs June 8, 2015 Deloitte Jonathan Gray has been appointed partner in the business advisory firm’s London-based financial services consultancy practice. A fintech expert, he has over 20 years’ experience working across retail banking, wealth management, credit cards and insurance. Tilney Bestinvest The investment and financial planning group has appointed Stuart Layzell as chief financial officer. He began his [...]
From the “Gatwick gusher” to Greece via Alton Towers: Five charts that sum up the week June 5, 2015 Greece missed a huge repayment to the IMF, there was an update from Gatwick's answer to Dallas and a new study showed love doesn't come cheap. Here are five charts that sum up the week: Greek stocks suffered after Athens missed its deadline The Greek debt crisis riled European markets as the cash-strapped country hovered [...]