City Moves for 12 March 2014 | Who’s switching jobs March 11, 2014 MHA MacIntyre Hudson The accounting firm has announced the appointment of Sarah Jarvie as a manager in its restructuring and recovery team. She has over 15 years’ experience, and was most recently at KPMG. PwC The professional services firm has appointed two data analytics partners to its financial services risk and regulation team. Nick Bouch joins [...]
City Moves for 07 March 2014 | Who’s switching jobs March 6, 2014 London Offshore Consultants The marine and offshore energy consultancy has named Robin Bidwell as its chairman. He previously built and led global environmental advisory firm Environmental Resources Management. T Rowe Price Peter Hunt has been appointed vice president for UK and Ireland institutional business at the asset management firm. He was formerly a partner at TT International. Before [...]
City Moves for 28 February 2014 | Who’s switching jobs February 27, 2014 Standard Chartered The bank has announced the appointment of Sanjeeb Chaudhuri as group head of brand and chief marketing officer. He joined in 2011 from Citicorp, where he was chief executive for retail and commercial banking for Europe, the Middle East and Africa (EMEA). Chaudhuri has also held senior marketing and general management positions at [...]
Axa shares slide as earnings miss estimates February 21, 2014 Insurance firm Axa has reported net income up 14 per cent in 2013 to €4.5bn. Lower than expectations of analysts polled by Thomson Reuters, who has forecast earnings of €4.96bn, the figure was negatively impacted by interest rates and foreign exchange hedging derivatives, the firm said. Shares have fallen almost two per cent on the [...]
Insurers hit back after Miliband demands quicker flood response February 18, 2014 THE INSURANCE industry hit back yesterday after Labour leader Ed Miliband claimed it is not doing enough to help those affected by flooding. Paul Evans, chief executive of AXA, said his staff are “extremely focused” on getting people back into their homes. “Customers have no reason to fear their insurers will let them down, nor [...]
City Moves for 19 February 2014 | Who’s switching jobs February 18, 2014 Saxo Bank The investment bank has announced the appointment of Steen Blaafalk as global head of finance and risk operations. He previously spent 30 years at Danske Bank, where he was most recently acting head of group treasury and a member of its executive committee. Latham & Watkins The law firm has appointed Kem Ihenacho as [...]
City Moves for 18 February 2014 | Who’s switching jobs February 17, 2014 Morrison & Foerster The law firm has announced the appointment of Philip Slater as a partner in its financial transactions group. He joins from Reed Smith, where he led its acquisition and leveraged finance practice in London. Prior to that, Slater was a partner at Addleshaw Goddard. Santander Corporate & Commercial Charles Garfit has been appointed head [...]
How to profit from the fund price war January 28, 2014 Increased competition between platforms is welcome – but the overhaul of charges won’t be a game-changer @AnnabelPalmer1 IN WHAT some are calling a price war, yet another investment platform (Barclays Stockbrokers) has unveiled sweeping changes to its pricing structures. It all began on 15 January, when Hargreaves Lansdown announced that it would overhaul its charges. [...]
Aviva old guard steps down for top Aussie job January 23, 2014 INSURANCE giant Aviva yesterday announced the resignation of its chief financial officer Pat Regan, just a year after he narrowly missed out on the job leading the company. Regan, who was made CFO in 2010, said he will step down in June to take up the reins as chief executive officer at Australian insurer QBE [...]
Private equity owners of Opodo are considering £1.2bn flotation January 14, 2014 THE PRIVATE-equity owners of the online travel agency Odigeo, which in turn owns the travel group Opodo, are working on plans to float the business sometime this year. London will be competing with Madrid to host the flotation, with some suggesting Madrid is favourite given that the management team of eDreams, a principle part of [...]