Rugby World Cup: Warren Gatland turns spotlight onto rivals August 31, 2015 Wales coach Warren Gatland has turned up the heat on England and Ireland ahead of their clash at Twickenham this weekend after naming his squad for the Rugby World Cup yesterday. New Zealand-born fly-half Gareth Anscombe was omitted from the principality’s 31-man party after suffering an ankle injury in training last week, while wing Alex [...]
City Moves for 28 August 2015 | Who’s switching jobs August 27, 2015 Pen Underwriting Jonathan Turner has been appointed executive chairman at the UK underwriting business within the Arthur J Gallagher group. He was most recently at Brit Insurance, where his roles included active underwriter of its Syndicate 2987. Turner has also held roles at QBE International Insurance. Deutsche Bank Kinner Lakhani has been appointed co-head of [...]
BlackRock buys PwC offices in Uxbridge from Aviva for £59m August 25, 2015 FUND manager BlackRock said yesterday that it has bought an office building in west London for £55.9m from Aviva Investors. The Atrium in Uxbridge is a 138,000 square feet (sq ft) office block let to companies including American oil and gas firm Anadarko and accountants PwC. Blackrock said the deal offers a net initial yield [...]
City Moves for 14 August 2015 | Who’s switching jobs August 13, 2015 Lloyds Bank Commercial Banking Thomas Sandberg has been appointed associate director in the bank’s relationship solutions team within its financial institutions business. He joins from Bank of America Merrill Lynch, where he was vice president of the Nordic market solutions group. Sandberg has also previously held senior structured finance positions at RBS, Citigroup, Morgan Stanley [...]
QBE’s David Hall on how insurers are the unsung heroes of major sporting events: “I like to think we are the glue that allows the World Cup to operate” August 9, 2015 For A few short weeks next month, England's rugby team will find itself at the centre of the sporting universe. The World Cup will provide nailbiting thrills and drama, established stars will shine, new stars will burst into life, and seminal moments will be etched into the sport’s history books. Amid this landscape of excitement, [...]
Aviva’s UK life business leads positive results August 7, 2015 AVIVA boss Mark Wilson said yesterday that he is confident that the restructure he has been leading at the insurer since 2013 is progressing well, with the integration of Friends Life already ahead of schedule. Reporting on the six months to 30 June, Wilson said the period marked “10 consecutive quarters of growth”, adding: “All [...]
City Moves for 04 August 2015 | Who’s switching jobs August 3, 2015 Legal & General Investment Management Andrzej Pioch has been promoted to co-fund manager in the investment management company’s multi-index team. He joined Legal & General Investment Management in July 2014 as fund manager from Aviva Investors. Argo Group International Holdings The underwriter of specialty insurance and reinsurance products has appointed Steve McGill as global head [...]
RSA hoping for better offer as bidders Zurich, Axa and Aviva circle August 2, 2015 Insurer RSA is hoping to attract a better offer than Zurich’s potential bid, revealed last week, with several other companies believed to be interested in entering the race for the troubled British firm. City analysts expect Zurich to make an offer of around 550p per share. That price would provide investors with a premium [...]
Bank of England braced for historic Super Thursday – London Report August 2, 2015 THIS WEEK includes s-called Super Thursday when the Bank of England’s policy announcement, meeting minutes from the monetary policy committee and the latest Inflation Report will – for the first time – all be released simultaneously. HSBC gets the week off with a bang today with interim results, Standard Life tomorrow and Legal & General [...]
Sheffield shows why manufacturing and finance enjoy a glorious synergy August 2, 2015 My title might be “lord mayor of the City of London”, but really that’s quite misleading. It’s my job to represent the whole of the UK’s financial and professional services industry, wherever it’s based. London may well be the largest single financial services centre in the UK, but 1.7m of the 2.1m people employed by [...]