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 The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 Baldness could soon be treated using stem cells, scientists hope
Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
Ball pool for adults opens in London
Amal Clooney gives excellent response to fashion question at European Court of Human Rights
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...
Competitive salary & benefits!: MBDA UK Ltd: MBDA UK LTD Indirect Procurement...