Business Diary: Battle of the banks is on
Wednesday 24 August 2011
Hats off to the Chartered Institute for Securities & Investment, for its plan to hold a fascinating debate – The City: Asset or Liability? – next month. It will pit Angela Knight, the former Economic Secretary to the Treasury who these days runs the British Bankers' Association, against Chuka Umunna, the Streatham MP and former member of the Treasury Select Committee who is carving out a name for himself, not least as a critic of the banks'. That's a recipe for fireworks, we reckon.
Stealth brand to break its cover
So what exactly is a "stealth brand"? We ask only because that is how Barracuda Pub Group says it has been operating its Smith & Jones brand over the past decade – it now plans to relaunch the pub chain with a more active promotional strategy. It rather sounds to us naive souls as if stealth is a straightforward synonym for not properly marketed or just plain ignored, but then we're not marketing gurus.
Rocking all over Wall Street
Happy news for anyone in search of a new investment management service: there's a new business coming that might just interest you. Former Guns N' Roses bassist Duff McKagan plans to launch his new asset management firm in October, he's announced, though there are apparently a few appointments still to make. McKagan got into finance almost 20 years ago – while recovering from a serious illness, he spent some time ploughing through Guns N' Roses' financial reports and realised he couldn't understand a word of them. He took some finance lessons, got more interested and ended up giving advice to fellow musicians. Now he's going full time.
Budweiser toasts FA Cup success
Budweiser made history at the weekend by screening the first ever FA Cup match on its fan page on Facebook – the extra preliminary qualifying round between Ascot and Wembley. The news on the viewing figures is surprisingly good, we hear – 27,000 people tuned in to watch the game on Friday evening. Will there be a repeat of the experiment in future rounds of the tournament? Maybe Budweiser should stick with Wembley, who won 2-1.
- 1 President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
- 2 Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing
- 3 The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
- 4 Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations
- 5 Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing
Syrian teenager Usaid Barho reveals how he escaped from Isis using a suicide vest
Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
UK weather: 'Coldest night of the year' tonight as freezing temperatures plummet to -10C
Millions of Britons struggling to feed themselves and facing malnourishment
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Nigel Farage: Ukip leader named 'Briton of the year' by The Times
Douglas Carswell tells Ukip to stop blaming foreigners as youth poll shows Nigel Farage is even less popular than Nick Clegg
iJobs Money & Business
Not specified: Selby Jennings: VP/SVP Credit Quant Top tier investment bank i...
Not specified: Selby Jennings: Quantitative Research | Global Equity | New Yor...
Not specified: Selby Jennings: SVP Model Validation This top tiered investment...
Highly Competitive: Selby Jennings: Our client, a leading European Oil trading...