City Moves for 15 November 2013 | Who’s switching jobs November 14, 2013 Sullivan & Worcester The law firm has announced the hire of Mark Norris as a finance partner in its London office. He was most recently at Squire Sanders, where he was a banking and finance partner. Norris has previously held various roles at Simmons & Simmons and Clifford Chance. PwC Michael Spiteri has joined the professional services [...]
Lloyd’s of London comes to a halt to honour Armistice Day November 12, 2013 THE UNDERWRITING room at Lloyd’s of London fell silent yesterday morning as employees gathered to observe the traditional two minute silence to mark the 95th anniversary of the World War One armistice. Chelsea pensioners joined staff at the ceremony, which saw a ceremonial piper play to the assembled crowds before a wreath-laying ceremony underneath the floor’s [...]
Caravan park operator sold by private equity owners for £170m November 12, 2013 THE SOUTH east’s largest operator of caravan parks, Park Holidays, was sold by its private equity backers yesterday to London-listed fund Caledonia Investments. Graphite Capital, which owns London’s Hawksmoor restaurant chain, sold the company for £172m, after overseeing it for seven years following a purchase in 2006. The deal is notable because Caledonia’s buy is [...]
Fastest growth on record for England’s businesses November 11, 2013 A MAJOR survey of English firms recorded record growth across the country during October, suggesting that the economy’s recent swing back to growth continued into the start of the fourth quarter. Lloyds’ regional purchasing managers’ index (PMI) for last month found businesses reporting the fastest increase in business activity seen since the survey began in [...]
City Moves for 05 November 2013 | Who’s switching jobs November 4, 2013 RBS The bank’s real estate management division, part of its global restructuring group, has announced the hire of Jessica Way as a senior asset manager. She was most recently at Aviva Investors, where she was a real estate asset manager for its property trust. Chadbourne & Parke The advisory firm has recruited Nikolai Mikhailov as an [...]
What the other papers say this morning – 04 November 2013 November 4, 2013 FINANCIAL TIMES Aircraft carrier cost to rise to £6.2bn Britain will this week reveal another substantial increase in the cost of building its two new aircraft carriers, declaring that total funding for the programme will rise by another £800m to £6.2bn.Philip Hammond, defence secretary, is expected to say that a new set of demands – [...]
City Moves for 01 November 2013 | Who’s switching jobs October 31, 2013 Legal & General Property The property business has announced the appointment of Imogen Ebbs as a senior asset manager to support its limited price inflation income property fund. She was most recently at Lloyds Banking Group, where she was an associate director in its property solutions division. Baker Tilly The accountancy firm has recruited Winn Faria [...]
Swap booze for boos this Hallowe’en October 29, 2013 Whether you’re looking for somewhere to keep the kids happy this Hallowe’en or a haunt for adults to get into the spooky frame of mind, London has something for you. So come out from behind the sofa and get down to some of these gruesome events. RAM Training’s Zombie bootcamp If the idea of being [...]
London Report: RBS and Lloyds news leads raft of bank updates October 27, 2013 BANKING and financial results will be in the spotlight this week as the Royal Bank of Scotland, Standard Chartered, Lloyds, Standard Life and Barclays all publish figures. RBS third quarter numbers, to be published on Friday, are the first since Ross McEwan took over from Stephen Hester as chief executive. They are expected to show [...]
City Moves for 24 October 2013 | Who’s switching jobs October 23, 2013 Investec Private Bank The private bank has announced the appointment of Eden Riche as head of high net worth lending. He has previously held senior roles at RBS and Lehman Brothers Europe. Lloyds Bank Commercial Banking Ender Tanar has joined the bank as head of central Europe. He has over 28 years’ experience in the finance [...]