Drax plummets as government pulls subsidies April 23, 2014 DRAX Group made the biggest losses on the FTSE 250 yesterday, after launching legal proceedings against the government’s decision to exclude one of its units from a new green support framework. Britain’s largest coal-fired power station operator Drax expected to be eligible for early contracts for difference (CfD) mechanisms, so that it could convert its [...]
City Moves for 24 March 2014 | Who’s switching jobs March 24, 2014 Herbert Smith Freehills The law firm has announced the appointment of Justin D’Agostino as global head of dispute resolution. He is currently a partner, and has spent his entire legal career at the firm. Legal & General Property James Lidgate has joined Legal & General property as head of residential. He has over 14 years’ [...]
What the other papers say this morning – 07 March 2014 March 6, 2014 FINANCIAL TIMES Osborne faces £20bn black hole George Osborne faces a black hole of more than £20bn in the public finances, according to official government economic models. The news suggests that Britain might have to endure an extra year of austerity before the books are balanced. The models by the Office for Budget Responsibility, which [...]
Any Other Business – 05/03 March 5, 2014 SOME of the City’s bankers are jetting off to sunny Madrid today for the launch of the European Diversity Awards. London’s finest could be collecting gongs for Company of the Year, Employee Network Group of the Year or Marketing Campaign of the Year, to name a few. “It is great that so many business leaders, [...]
City Moves for 17 February 2014 | Who’s switching jobs February 17, 2014 Baker Botts The law firm has announced the appointment of Robin Mizrahi as a senior partner in its global projects group in London. He specialises in project finance, energy and infrastructure in emerging markets, and joins from Chadbourne & Parke. Investec Asset Finance Andrew Woodward has joined Investec Asset Finance as head of materials handling. [...]
City Moves for 10 January 2014 | Who’s switching jobs January 9, 2014 Grant ThorntonThe business advisory firm has announced the appointment of Richard Milnes as a partner in its financial services tax team. He joins from EY, and has previously worked in international tax for Shell and as head of tax planning at Lloyds. CouttsThe bank has recruited Matthew Spencer as executive director and head of intermediaries [...]
City Moves for 20 December 2013 | Who’s switching jobs December 19, 2013 Herbert Smith Freehills The law firm has announced the appointments of Sonya Leydecker (right) and Mark Rigotti as joint chief executives. Leydecker joined the firm in 1984 and was promoted to partner in 1991. Rigotti joined in 1988, and has since held senior roles including head of banking and head of corporate. KPMG The professional [...]
City Moves for 18 December 2013 | Who’s switching jobs December 17, 2013 Arbuthnot Latham The private bank has appointed Clara Gandelman Vila as a senior private banker in its executives team. She was most recently at UBS Wealth Management, where she was a client adviser in its key clients and high net worth divisions, focusing on UK and international private clients. Debevoise & Plimpton The law firm has recruited Tony [...]
City Moves for 25 November 2013 | Who’s switching jobs November 24, 2013 Knight Frank The property company has announced the appointment of Luke Kemp as a specialist in its student property division. He was most recently at BNP Paribas Real Estate Advisory, where he was an associate director for valuation. DAC Beachcroft The law firm has hired two partners to its national construction and engineering practice. Warren [...]
City Moves for 7 October 2013 | Who’s switching jobs October 6, 2013 Bracewell & GiulianiThe law firm has announced the appointment of Olivia Caddy as a partner in its London office. Caddy specialises in oil and gas upstream debt financing, and joins from Herbert Smith Freehills. Grant ThorntonUsman Malik has been appointed as director of mergers and acquisitions at the advisory firm. He joined Grant Thornton in [...]