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  • City Moves for 03 December 2013 | Who’s switching jobs

    December 2, 2013

    Holley Holland The consultancy has appointed Alex Cameron as a principal consultant. He has over 25 years’ experience in financial services, qualified as a solicitor at Allen & Overy, and has worked with the Bank of England, Barclays Capital and Barclays Business Banking. Altius Associates The private equity advisory firm has appointed Rhonda Ryan as [...]

  • Co-op overhaul gives hedge funds control of smaller bank

    November 4, 2013

    CO-OPERATIVE bank bosses yesterday said they had faith that the US hedge funds that now own much of its stock will not destroy the firm’s ethical principles, as they unveiled drastic plans to shrink the lender. The bank, which has been scrambling to fill a £1.5bn black hole, unveiled a radical restructure yesterday to close [...]

  • Bottom Line: Cost cuts show importance of controlling pay

    October 29, 2013

    WHILE headlines will – quite rightly – focus on the huge litigation charge and poor return on equity that Deutsche Bank revealed yesterday, CEOs Jurgen Fitschen and Anshu Jain were keen to draw attention further down the release – to the cost cutting that helped the bank rack up €1.5bn of savings in the last [...]

  • UBS profitability hurt by new investigations

    October 29, 2013

    SWISS bank UBS yesterday revealed it has pushed back its profitability targets because of extra provisions against litigation expenses, which dented its third quarter profits. Regulators in its home country as well as the US and UK are looking at possible foreign exchange manipulation, while the bank is still facing some interest rate benchmark probes [...]

  • City Moves for 30 September 2013 | Who’s switching jobs

    September 29, 2013

    Hausfeld & Co The litigation law firm has appointed Boris Bronfentrinker as partner. He joins from Freshfields Bruckhaus Deringer, where he was a senior lawyer in its cartel defence and commercial disputes practice. Macquarie Securities The institutional equities arm of Macquarie Group has appointed Brandon Krieg as managing director and head of electronic execution in [...]

  • Lloyds shares weakening after government sale

    September 17, 2013

    The price for a six per cent stake in Lloyds has been announced – 75p per share. A small discount on the bank's current market value, and set to raise £3.21bn as the government reduces its stake from 38.7 per cent to 32.7 per cent. The government sale was covered 2.8 times by demand from [...]

  • City Moves for 10 September 2013 | Who’s switching jobs

    September 9, 2013

    Mercer The consultancy firm has announced the appointment of Deb Clarke as global head of investment research. Clarke joined Mercer in 2005 from Towers Watson, where she was a senior investment consultant. She was previously a fund manager for 20 years. Schroders Divyesh Hindocha has joined the asset management company as global head of product [...]

  • What the other papers say this morning – 05 September 2013

    September 4, 2013

    FINANCIAL TIMES Dyson to hire hundreds of recruits Dyson has launched its biggest recruitment drive yet with plans to triple the number of engineers taken on this year in the latest sign of a rebounding British economy. The maker of bagless vacuum cleaners, which employs almost 4,500 across three sites in the UK and Asia, [...]

  • Finding the right ingredients to freshen up the UK food industry

    September 1, 2013

    Annabel Palmer talks to Patrick Drake, who switched litigation for ladles to create grocery delivery service Hello Fresh EATING well and leading a healthy lifestyle are virtues many aspire to. But if your skills in the kitchen are limited, and time even more so, sometimes such aspirations fall by the wayside in favour of a [...]

  • City Moves for 28 August 2013 | Who’s switching jobs

    August 27, 2013

    Kleinwort Benson The private bank and wealth manager has appointed Joakim Gasslander as senior private banker in its private wealth management team. Based in London, he was previously senior private banker at Lloyds Private Banking. Gasslander has also held roles at Gadd & Co and SEB Private Bank in Stockholm, and has particular experience advising [...]

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