Outlook First Standard Chartered, then Experian, and now Sainsbury’s. It’s shaping up to be a year of boardroom upheaval, and it’s still only January. Who next? Well, a little bird tells me Schroders’ veteran chief executive Michael Dobson has sounded out confidants in the City about the idea of him becoming chairman of this granddaddy of fund managers, succeeding 69-year-old Andrew Beeson.
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Wednesday 20 June 2012
Laura Pendergest-Holt, the former chief investment officer for Allen Stanford, has agreed to plead guilty and will receive a three-year prison sentence for her role in a $7bn (£4.5bn) fraud. Earlier this month, the former billionaire Stanford was sentenced to 110 years in prison for running a Ponzi scheme in which he stole money from investors around the world to finance an extravagant lifestyle.
Tuesday 19 June 2012
The Walkie-Talkie skyscraper in London has its first major tenant after Markel signed up yesterday.
Friday 01 June 2012
The Square Mile was clearly in a greedy mood yesterday. Those hungry for takeover activity may have had a £1.7bn deal to savour, but there was still appetite for more. As a result, following the news that Logica's days of independence were numbered, the search was on to find out who was next in line.
'Ungrateful little wretch': Piers Morgan responds to Jeremy Paxman's claim that he had taught him how to phone hack
Wednesday 23 May 2012
Piers Morgan has responded to the claim that he told Jeremy Paxman how to access people's voicemail messages, branding him an "ungrateful little wretch".
Friday 11 May 2012
Martin Currie, the Edinburgh-based fund management giant, has been hit with a £3.5m fine by the Financial Services Authority (FSA) for conflict of interest over a series of bond investments.
Wednesday 09 May 2012
François Hollande and his partner, Valerie Trierweiler, face two pressing questions which usually dog much younger couples. Should they get married? And where will they live?
Saturday 07 April 2012
Bid teams have started forming to manage the Ministry of Defence's £23bn property estate ahead of a selection process that could start as early as next week.
Thursday 05 April 2012
Tin hats were very much in demand yesterday. With red covering trading screens across the Square Mile, one of the worst-hit on the mid-tier index was Logica after the resignation of one of the IT outsourcer's top brass revived fears over its troublesome Benelux operations.
Monday 02 April 2012
Tuesday 27 March 2012
For the energy explorers, Africa was the place to be yesterday. Oil and gas discoveries, promises of tax breaks and even talk of possible takeover activity gave a boost to companies operating in the continent, including Afren, which closed on the mid-tier index's leaderboard.
Wednesday 21 March 2012
The US soldier accused of murdering 16 Afghan civilians in this month's unprovoked shooting spree was $1.5 million (£950,000), in debt and in danger of losing his home, according to reports yesterday.
Thursday 15 March 2012
A British man and his Thai wife have been robbed and beaten to death at a resort in southern Thailand.
Sunday 04 March 2012
A row has broken out between British fund managers and an Australian company with a stake in a North Sea oil field, which is about to go into production.
Wednesday 29 February 2012
Surachai was accused of inciting hatred of the monarchy
Monday 20 February 2012
Steve Bunce explains how he was caught up in the mayhem between two British fighters after Chisora's defiance was overshadowed by press conference brawl
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