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Aztec Group has won the Fund Administrator of the Year in the Real Deals Private Equity awards which recognises the best of European private equity.The criteria for this inaugural award was the fund administrator’s capability to deliver servi...
Read More »Barclays' boss Antony Jenkins banished the ghost of Bob Diamond as he took an axe to highly-paid staff at the investment banking division built up by his predecessor. Shares rose 7% as the bank said it was cutting 7,000 more jobs at the unit whose huge bonuses have fuelled public and shareholder anger - and signalled that the number of £1 million-plus bankers would fall.It brings to 19,000 the total number of jobs across the group that will go by 2016, following an ann...
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Barclays is to cut 7,000 jobs from its investment banking division by 2016 as part of a strategy review. The bank has already announced job losses across the group of 12,000 for this year, but this has been increased to 14,000 as a result of the investment bank changes announced today. It brings the total cuts by 2016 to 19,000.It comes two days after Barclays announced that first quarter earnings from the division fell by hal...
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The Co-op was urged today to back radical reforms that will sweep away the "dysfunctional" board which presided over the mutual's near-collapse. Former City minister Lord Myners set out his plans for a "plc and beyond" structure by replacing the existing 20-strong board of representatives from the co-operative movement with professionally-trained directors.His proposals will be put to the vote at the Co-op's AGM in Manchester on May 17 but the peer fears ...
Read More »David Cameron has insisted US pharmaceutical giant Pfizer must provide more assurances about its commitment to Britain amid concerns over its takeover bid for AstraZeneca. The Prime Minister said the UK "benefits massively" from foreign investment, and warned that the row must not trigger a retreat to protectionism.But he indicated that the American firm had yet to convince him that the purchase would be in the na...
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Carey Olsen has been named Best Private Client Legal Team at the Wealth Adviser Awards 2014.Wealth Adviser’s 13,000 subscribers around the world vote for service providers in private ban...
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