How London can get the infrastructure it needs – but without the bureaucracy March 24, 2015 Infrastructure looms large in the life of every Londoner. Even though it’s probably not at the forefront of our minds as we check our emails and fill up the kettle each morning, we depend on quality, reliable infrastructure day in, day out. And it’s just as important for the capital’s businesses. They need it to [...]
City Moves for 20 March 2015 | Who’s switching jobs March 19, 2015 Baker Tilly The audit, tax, and accountancy firm has appointed Rowan Williams as head of its professional services group. She joined Baker Tilly in 2009, and has led its London business advisory team and its professional services group in London and the South. Old Mutual Wealth Mary-Anne McIntyre has been appointed chief distribution officer at [...]
HSBC switches auditors to PwC after decade with rivals KPMG March 18, 2015 HSBC yesterday announced plans to appoint PricewaterhouseCoopers as its auditor, replacing KPMG which had held the position since 1991. Europe’s biggest bank said the appointment would be put to shareholders at its 2015 annual general meeting on 24 April, but that the recommendation was the result of a competitive tender. “The tender process was both [...]
Budget 2015: The stories that broke during George Osborne’s speech March 18, 2015 The announcement of the UK government’s annual budget is one of the biggest dates in the financial calendar. City hacks' ears were tuned into George Osborne’s speech this lunchtime, as eyes were glued to Twitter for all the breaking hot takes on the chancellor’s tie colour and fingers were madly typing away to produce a [...]
HSBC confirms PwC will take over as auditor from KPMG this month March 18, 2015 HSBC will replace auditor KPMG with PricewaterhouseCoopers (PwC) after the latter announced its resignation from the position as the Company's auditor from 31 March 2015, the bank confirmed today. PwC's appointment will be put to shareholder's at the bank's annual general meeting held on 24 April this year. HSBC originally announced its intentions to switch [...]
City Moves for 16 March 2015 | Who’s switching jobs March 16, 2015 Axa Assistance UK The assistance services firm has announced the appointment of Anthony Bradley as chief financial officer. He joined Axa Assistance UK in 2002, and has served as underwriting analyst, senior finance analyst, financial controller, and most recently as deputy chief financial officer. Covington & Burling The law firm has announced the appointment of [...]
City Moves for 11 March 2015 | Who’s switching jobs March 10, 2015 Linklaters The law firm has announced the appointment of Michael Kent as divisional practice head of finance and projects for a four-year term. He has been a partner at Linklaters since 1999, and currently heads its global financial regulation group. Baring Asset Management Rod Aldridge has been appointed head of wholesale distribution for Europe, the [...]
Retails sales increase in UK after fall in 2014 March 9, 2015 UK retail sales increased by 0.2 per cent on a like-for-like basis compared with February 2014) – when they had decreased one per cent on the previous year – according to the British Retail Consortium (BRC). Overall, sales were up 1.7 per cent against a 0.7 per cent rise in February 2014. “After the bustle [...]
City Moves for 10 March 2015 | Who’s switching jobs March 9, 2015 New Bridge Street The executive remuneration specialist has appointed Drew Matthews as partner. He joins from Tesco, where he was group reward director for the past three years. Matthews has also held consultancy roles at PwC, Deloitte, and Stern Stewart. Eaton Vance Management International David Morley has been appointed business development director, UK institutional at [...]
City Moves for 09 March 2015 | Who’s switching jobs March 9, 2015 FTI Consulting The business advisory firm has appointed Mark Hunt as senior managing director in its forensic & litigation consulting practice. He joins from BDO, where he led its financial services practice. Hunt has also previously worked as a partner at KPMG. Berwin Leighton Paisner The law firm has announced five partner promotions. In its [...]