Staveley ditches West End law firm Fladgate for US heavyweights Quinn Emanuel Urquhart & Sullivan in Barclays dispute October 2, 2017 PCP Capital Partners, the investment firm founded by Amanda Staveley, has ditched West End law firm Fladgate as its advisers in its £1.2bn court battle against Barclays. It has instead appointed Quinn Emanuel Urquhart & Sullivan, a prestigious US-based firm which specialises in business litigation and arbitration. Staveley changed representation due to the high stakes [...]
Finance: How it made civilization possible September 22, 2017 What is finance, where does it come from, and why does it matter? William N. Goetzmann, of the Yale School of Management, addressed these questions in his presentation at the 62nd Annual Financial Analysts Seminar. He led participants on a tour through financial history, illuminating distinctive artefacts that demonstrate the critical role finance has [...]
Top law firms feel the heat as clients are delaying payment by an average of 130 days, says a study from Edward Drummond July 11, 2017 Top UK law firms are having to wait an average of 130 days to get paid by clients for their work, a new study has revealed. The data, collated by executive search and market research firm Edward Drummond, shows that this payment period for the 100 highest-ranked firms was 19 per cent longer than the [...]
This is how City analysts reacted to RBS’ results February 24, 2017 Royal Bank of Scotland reported its ninth consecutive annual loss this morning, pushing shares down two per cent. The lender's losses widened to £6.96bn in 2016, compared with £1.98bn the year before, largely due to litigation and conduct costs. This is how the analysts reacted: Groundhog Day RBS chief exec Ross McEwan "must feel that he is [...]
This is how City analysts reacted to Barclays’ results February 23, 2017 Another day, another big bank reports its numbers – this time, it's Barclays' turn. Shares in the the lender went up by more than three per cent after it reported pre-tax profits almost tripled last year, growing by a massive 182 per cent to hit £3.2bn – but the bank still missed expectations. Here's how [...]
City Moves for 13 February 2017 – who’s switching jobs? February 13, 2017 Today's City Moves cover legal eagles, hotels and a precious metal explorer. Take a look at these movers and shakers: Ashfords LLP National legal and professional services provider Ashfords LLP has appointed Jim Morris as a partner and head of the firm’s expert aviation team. Having previously worked for six years as the aviation partner [...]
City Moves for 6 February 2017 – who’s switching jobs? February 6, 2017 Today's City Moves cover real estate, legal eagles and tech. Take a look at these movers and shakers: CBRE Real estate services group CBRE has appointed Zoe Bignell to lead and spearhead the expansion of the advisory team within its UK development and residential capital markets business. Zoe is moving to CBRE from Cushman & [...]
City Moves for 2 February 2017 – who’s switching jobs? February 2, 2017 Today's City Moves are infrastructure-heavy, covering legal eagles, property and utilities. Take a look at these movers and shakers: Clyde & Co David Hansom has been appointed as a partner in global law firm Clyde & Co’s infrastructure group, where he will lead the firm’s public procurement offering. David is a leading procurement lawyer with [...]
City Moves for 5 December 2016 | Who’s switching jobs December 5, 2016 Markel International Markel International, the specialist insurer, has appointed Naomi Murray as senior claims adjuster in its trade credit and political risk team. Naomi is a highly experienced claims handler having spent nearly 20 years in the role. She has worked for Coface, Amlin, RPC Loss Adjusting and for the last 11 years as a [...]
City Moves for 3 November 2016 | Who’s switching jobs November 3, 2016 Palatine Private Equity Palatine Private Equity has appointed Zoe Clements as a partner in the London team as the firm looks to back businesses that have a focus on environmental, social and governance (ESG) principles within their business models. Zoe joins from Electra Partners where she played a leading role in their investment in Photobox [...]