City Moves for 4 September 2015 | Who’s switching jobs September 3, 2015 EY Ajay Rawal has been appointed partner within the professional services firm’s financial services transaction advisory practice. He joins from Alvarez & Marsal, where he was a partner in its European financial industry advisory services group. Rawal has over 15 years’ experience consulting in financial services. LONDON Advertising Bruce Haines has been appointed chairman at [...]
Carve-out and prosper: Footsie firms propelled by spin-offs August 31, 2015 COMPANY spin-outs bolster the earnings growth of the parent group and drive up the value of shares, a study out today says. Amid a wave of companies carving out units into standalone firms, fresh evidence shows companies pursuing the strategy to grow earnings by 9.5 per cent a year, on average, two years after the [...]
It’s time to negotiate an international transfer at work – here’s how you do it August 31, 2015 It can be the best of times, it can be the worst of times. Our attitudes to the first few “back to work” days in September can encompass happiness, stoical acceptance, dread and everything in between. And data shows that it’s prime time for career re-evaluation. Last year, there was a 62 per cent rise [...]
City Moves for 26 August 2015 | Who’s switching jobs August 25, 2015 Close Brothers Asset Management Nicholas Cliffe has been appointed investment director at the investment management firm. He joins from HSBC Global Asset Management, where he spent five years as a discretionary wealth manager. Ashurst The law firm has appointed Shaun Lascelles as a partner in its global private equity team. He joins from the London [...]
Perfect timing August 23, 2015 Harriet Green talks pub food, capitalism and the importance of shiny things with Watchfinder’s Lloyd Amsdon When I ask Lloyd Amsdon’s seven year-old step-daughter if she knows what an entrepreneur is, she draws a blank. It may be age-related, but there’s no reason why she would have heard the word. “I’m only an entrepreneur when I’m [...]
Following the Kids Company fiasco, what does alternative finance such as peer-to-peer and crowdfunding offer charities? August 20, 2015 What's the connection between charities and alternative finance? Currently, the answer is not a lot – charities are often big, well-oiled machines, and peer-to-peer lending and crowdfunding platforms are still very new. But do the latter offer the former something? The ongoing Kids Company fiasco has put the charity model under scrutiny. And the [...]
Zopa becomes the first UK peer-to-peer lender to crash through £1bn of loans August 18, 2015 What a difference a decade makes. Just over 10 years after it was first launched, UK platform Zopa has become the UK's first peer-to-peer lender to crash through the £1bn loans barrier. Read more: How marketplace lending is becoming part of industry furniture You only need to look at the rapid rise of alternative lenders [...]
Accounting giant EY swoops on Silicon Roundabout firm Seren August 18, 2015 Business advisory firm EY yesterday announced it is buying Seren, a digital design consultancy based in Silicon Roundabout. Seren chief executive Ben Langdon will continue as boss of what will now be EY-Seren. Seren co-founders Catriona Campbell and Terry Heath will become senior advisers to EY in the UK and EY-Seren. Langdon said: “Seren and [...]
City Moves for 18 August 2015 | Who’s switching jobs August 17, 2015 Investec Roger Lee has been appointed to the bank’s large cap pan-European sales team. He joins from Macquarie, where he was first responsible for leading the development of its global sales platform in Asia and the Middle East, and subsequently relocated to London to develop its UK and European long-only coverage. Lee has over 20 [...]
Nomura opens doors for disengaged kids August 16, 2015 DISADVANTAGED kids celebrated a victory this weekend as investment bank Nomura hosted a graduation ceremony in their own offices for those enrolled in a rigorous programme from education charity ThinkForward. The course has a big City backing, including from Barclays, EY, ICG, Credit Suisse, JP Morgan and UBS. Go team! ■ WANT to see something [...]