City Moves for 13 August 2014 | Who’s switching jobs August 12, 2014 EY The professional services firm has made several appointments. Jay Nibbe has been made global vice chair for tax. He joined the firm in 1985 and was mostly recently the chair of EY’s global accounts committee and deputy area managing partner for Europe, Middle East, India and Africa. Uschi Schreiber (pictured) has been appointed global [...]
Analyst Views: What should investors look for next from the Bank of England? August 8, 2014 ROBERT WOOD | BERENBERG We expect the Bank to respond to the increasingly resilient outlook by hiking rates by 25 basis points in November.If there was a split vote this month, with perhaps one of the MPC calling for a hike, that could tell us a little more about the committee’s thinking. VICTORIA CLARKE | [...]
City Moves for 07 August 2014 | Who’s switching jobs August 6, 2014 Bovill Neil Walkling has been appointed consultant in the financial services regulatory consultancy’s wealth management and banking team. He joins from EY, where he was a senior manager in its regulatory practice. Walkling has also held senior roles at Sesame and the FSA. Henderson Global Investors John Harrison has been appointed director, multi-asset at the [...]
City Moves for 29 July 2014 | Who’s switching jobs July 28, 2014 Lowendalmasaï Francis Mainoo has been appointed UK head of corporate development at the enterprise cost consultancy. He was previously head of London business development at Grant Thornton, and Mainoo has also held positions at Merrill Lynch and EY. Results International The M&A adviser to the marketing services, technology, and healthcare sectors has announced the promotion [...]
Why the coming UK shale boom is good news for jobs and the environment July 28, 2014 SHALE gas production would be good news for meeting Britain’s energy needs, for jobs and for the environment, and yesterday’s launch of the 14th licensing round for onshore oil and gas was good news for shale development. First, gas supplies. The British Geological Survey has estimated that the North of England and Southern Scotland have [...]
Profit warnings at a three-year high in 2014 July 27, 2014 UK- listed companies issued the highest number of profit warnings since 2011 in this year’s first half. Despite strong signs of recovery in the economy, companies say pricing pressures and currency headwinds are denting expectations. Quoted companies issued 137 warnings in the first six months of 2014, up nine per cent on the same period [...]
Inflation off the charts over in Battersea Park for charity sumo run July 27, 2014 Anyone living near Battersea who thought they heard the familiar rumble of thunder yesterday morning might have been surprised to hear it wasn’t another storm – but, rather, a troop of 90 Sumo wrestlers running a 5k race. Well, people in inflatable sumo suits. The run, in aid of Link Community Development International, was [...]
City Moves for 25 July 2014 | Who’s switching jobs July 24, 2014 Quantum Advisory Sean Gilfeather has been appointed principal consultant and actuary at the actuarial and benefits consultancy. He joins from Lorica Consulting, where he was head of actuarial and risk management. Gilfeather has also held roles at PwC and Towers Watson. Mercer The talent, retirement, health and investment firm has appointed Jane Barker as its [...]
EY takes over Parthenon Group to expand global consultancy July 21, 2014 Professional services giant EY – formerly Ernst and Young – is taking over multinational rival Parthenon Group, the pair announced yesterday. It is taking on the 300 staff from Parthenon, across offices in cities including London, Mumbai, San Francisco, Shanghai, Singapore and Boston. Neither Parthenon nor EY have disclosed the price of the deal. Clearsight Advisors worked [...]
Cash-rich firms to drive surge in UK investment July 21, 2014 UK INVESTMENT will surge ahead this year, according to a bullish forecast released by economists today, adding to a record number of projects in the UK by international firms. EY’s Item Club predicts that capital spending by UK businesses will rise by 12.5 per cent in 2014, more than four times as fast as total [...]