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.
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
iJobs Money & Business
$200 - $350 per annum: Carlton Senior Appointments: Managing Producer Office...
$125 - $225 per annum: Carlton Senior Appointments: San Fran - Investment Advi...
Up to £70,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...
Up to £65,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...