Business Diary: A different way to see the City
Tuesday 06 December 2011
Sharp-suited bankers wondering about groups of unusual-looking tourists in Docklands may have come across a new tour being organised by the Occupy London protesters. It offers an historical guide to financial sites in the capital. The tone for the tour is rather set by the promotional blurb: "Canary Wharf is situated in the London borough of Tower Hamlets, the local authority with the second highest rate of severe child poverty in the UK. This year, Barclays Bank announced pay and bonuses for its top five staff of £110m".
Spencer gets corker ofa new role
Some non-executive directorships are more attractive than others. It seems safe to say, however, that Michael Spencer's decision to accept the chairmanship of Bordeaux Index – where he'll work with friend and former colleague Gary Boom, who founded the fine wine merchant – was not a hard one to make. The chief executive of Icap likes a decent drop of claret himself.
Battle Royal ahead at Icap
Speaking of Icap, good luck to the interdealer broker, which holds its 19th annual charity day tomorrow. As usual, the company will be giving allrevenues and commissions generated on the day to a group of charities – some 200 different good causes around the world – and inviting celebrities to man the dealing desks. Look out for Princes William and Harry, who have battled to place ever-bigger trades on previous similar occasions.
Most expensive advisers ever?
HSBC's closure of NHFA – whose mis-selling to elderly customers has landed the bank with £40m of fines and compensation – went largely unnoticed in July, but a look back at the announcement is revealing. It hinted at trouble ahead – the bank said it was checking advice given – and added that NHFA had fewer than 20 advisers. Each adviser thus cost the bank more than £2m.
Oscar Pistorius trial: Defence's own witness contradicts athlete's version of events
Oscar Pistorius trial: The case against Oscar Pistorius – and why the prosecution claims his story doesn't add up
South Korea ferry: Captain Lee Joon-seok could face criminal investigation as over 280 remain missing
Peaches Geldof dead: Private funeral for the family and friends of the socialite will take place next week
Shropshire criminals ‘using unmanned drones and infrared cameras to find illegal cannabis farms’ – and then steal from the growers
The food poverty scandal that shames Britain: Nearly 1m people rely on handouts to eat – and benefit reforms may be to blame
US Navy christens huge $3 billion destroyer ship USS Zumwalt that appears as a fishing boat on enemy radar
Scottish independence: It is the English who should be on their knees, begging the Scots to vote ‘No’
Nigel Farage fatigue? Half of voters ‘immune’ to Ukip’s appeal
Nigel Farage on Have I Got News For You: Ukip leader ridiculed over expenses and party 'fruitcakes'
Nigel Farage: I’m taking on the status quo, and the Establishment’s fighting back
- 1 Poveglia: 'World's most haunted island' up for sale...is anyone brave enough to buy it?
- 2 The Hobbit: There and Back Again set for possible title change
- 3 Video of British Muslims dancing to Pharrell Williams's hit Happy attacked as 'sinful'
- 4 24 people applied for the 'world's toughest job', here are their interviews
- 5 Andre Johnson: Wu-Tang Clan-discovered rapper severed his penis and jumped from LA building
iJobs Money & Business
£150.00 per week: QA Apprenticeships: This company has been providing on site ...
£221.25 per week: QA Apprenticeships: This company is a well established Inter...
£40000 - £50000 per annum: Harrington Starr: Client Relationship Manager - SQL...
£35000 - £50000 per annum: Pro-Recruitment Group: Take your chance to join the...