Tag Archive
London Business Bridges – US-FOREX.US
London is still getting a strong and steady flow of foreign investment, but Michael Charlton, the Chief executive of Think London, an organization made up of businesses and public officials to promote economic activity in London says there is danger the U.K. government is not making the English capitol appear to be open to foreign… »
London Stock Exchange In Recovery Mode – US-FOREX.US
Will the London Stock Exchange’s new chief executive be able to outdo his transatlantic peers by preventing an exodus of business to alternative trading platforms? The latest trading update from the operator of the London and Milan stock exchanges suggests that its rate of losing market share is indeed starting to slow. Revenues fell 12%… »
A Power Couple Exits – US-FOREX.US
London power couple, Ron Beller, the former chief of now-collapsed hedge fund Peloton Partners, and his wife Jennifer Moses, a senior advisor to Prime Minister Gordon Brown, are quitting the City. The two, who are moving to San Francisco this summer, are well-known figures in London’s financial and political spheres. Beller, a former partner at… »
Citi Nabs A New Hire – With Taxpayer Money – US-FOREX.US
Citigroup is flexing its muscles in the marketplace-using taxpayer money. Citi has hired Dan Petherick, an equity derivatives salesman, from Morgan Stanley, offering Petherick a guaranteed bonus to join the embattled bank, say people familiar with the situation. Citigroup has been a big recipient of taxpayer funds-45 billion and counting.The size of Petherick’s guarantee couldn’t… »
Glimmers Of Hope For British Real Estate – US-FOREX.US
If Britain really has put the worst of its property troubles behind it, the latest sign comes from the luxury market. Houses priced between one and four million pounds in central London rose 4.3% in the second quarter of 2009, according to luxury realtor Savills.It’s the first time in 18 months that luxury house prices… »