Britain’s GDP growth in line for hike

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first_img Britain’s GDP growth in line for hike whatsapp John Dunne Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoWorldemandThe One And Only WD40 Trick Everyone Should KnowWorldemandUndoDo It Houses[Pic] The Most Remarkable Dress Outfits EverDo It HousesUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndo BRITAIN’S second-quarter GDP growth could be revised up by 0.1 percentage points to 1.2 per cent after construction output expanded even faster than expected, official data showed on Friday.Revised construction output of 8.6 per cent – versus an initial estimate of 6.6 per cent – would add 0.1 percentage points to Q2’s 1.1 per cent GDP growth rate, other things being equal, a spokesman for the Office for National Statistics said.The ONS said that the construction output growth was the strongest since the second quarter of 1963, and like then was driven by a sharp rebound following an unusually harsh winter.“It does look incredibly strong, but there were good reasons for construction to be strong in Q2,” said Alan Clarke, UK economist at BNP Paribas.“The snow had melted and the government was spending in a final fling before the election. Will it last? I doubt it. It was a one-off snow melt boost,” he added.The initial GDP estimate of 1.1 per cent growth in the second quarter was the strongest in four years. Most economists expect it to represent a peak in the rate of recovery before growth slows later this year and in 2011 due to slowing overseas demand and impending budget tightening.Second-quarter construction output was 9.1 per cent higher than in Q2 2009, an even stronger upward revision from the 5.8 per cent annual growth estimated in the second-quarter GDP series. Construction accounts for about 6 percent of British economic output.Private home-building rose 22 per cent on the quarter and 9 percent on the year, while private commercial work was up 5 per cent on the quarter but down three per cent on the year.Gains were even more marked in publicly funded work. Home-building rose 11 per cent on the quarter and 62 per cent on the year – giving the highest total public housing construction output since the second quarter of 1980.Infrastructure spending increased seven per cent on the quarter and 35 percent on the year, giving the highest total infrastructure spending since the third quarter of 1993.Britain’s previous Labour government, which lost power in May’s election, brought forward planned public construction spending to ease the impact of the country’s deepest recession since World War Two.The new Conservative/Liberal Democrat coalition government plans sharp cuts in capital spending to rein in Britain’s record budget deficit, for example scrapping plans to repair schools. whatsappcenter_img Friday 13 August 2010 6:00 am More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Share Show Comments ▼ Tags: NULLlast_img read more

Scottish & Southern poised to reopen the market for corporate hybrid bonds

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first_img KCS-content Scottish & Southern poised to reopen the market for corporate hybrid bonds Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.cominvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comHero WarsBig Boss of internet games!Hero WarsFolliboost Haircare SerumThinning Hair? Use this For 1 Month and See What HappensFolliboost Haircare SerumFilm OracleHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenFilm Oracle whatsapp Sharecenter_img whatsapp UTILITY Scottish & Southern (SSE) is poised to reopen the European corporate hybrid bond market this week, giving investors a rare chance to pick up yield and the company an alternative source of capital.Lead managers said the size and price of SSE’s planned issue would be decided following the end of a week-long roadshow to meet with investors, but they expect the issue to be launched by the end of the week.A deal from SSE would be only the second corporate hybrid issue this year, following Dutch utility TenneT’s €1.5bn (£1.2bn) transaction in February. French utility Suez Environnement is also due to kickstart a roadshow for a hybrid issue tomorrow. The issues would be SSE and Suez debuts in the hybrid market.“The structure of the SSE deal will be very similar to TenneT,” said Gavin Kirkpatrick, capital structuring and advisory banker at Royal Bank of Scotland, who was a structuring adviser on both the TenneT and SSE hybrids.While TenneT had dual-call dates at 7- and 12-years, the SSE issue will have 5- and 10-year call dates, he said.Companies can use hybrids, which are a blend of debt and equity, to raise capital more quickly than a rights issue. They also have the key benefit of not diluting shareholders, like traditional equity capital. The riskier nature of hybrids, mainly that the issuer will not redeem the debt at the stated call dates, means investors demand a higher return than senior bonds. Tuesday 7 September 2010 10:37 pm Show Comments ▼ More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comlast_img read more

Bosses face a pay freeze in 2010: Deloitte

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first_img More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comPuffer fish snaps a selfie with lucky divernypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com whatsapp Tags: NULL Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Bosses face a pay freeze in 2010: Deloitte Sharecenter_img Sunday 12 September 2010 11:27 pm whatsapp KCS-content MORE than half of FTSE 350 companies will not increase the salaries of executive directors in 2010 although bonuses are bouncing back, according to a report by Deloitte today.The figures from the professional services firm reveal a salary freeze for many executives, after over two thirds were awarded no pay increase in 2009. Those who do receive a rise are likely to only be given three per cent – much lower than the level of increase seen in previous years, the annual executive pay report found.However, bonus payments for FTSE 100 executive bounced back this year.The average payment was around 100 per cent of salary and in the top 30 companies was 140 per cent of salary – almost 20 per cent higher than last year.Many executives will have to wait to pocket their full payments as in two thirds of FTSE 100 and half of FTSE 250 companies there is a requirement for up to a half to be deferred, often to be paid in shares.Stephen Cahill, partner in the remuneration team at Deloitte, said: “It appears that the years of executive salaries increasing at rates far in excess of inflation and the increase in average earnings are, at least for the moment, well and truly over.” last_img read more

CITY VIEWS: DO YOU THINK THE BBC LICENCE FEE SHOULD BE FROZEN FOR THE NEXT TWO YEARS?

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first_img Show Comments ▼ KCS-content whatsapp whatsapp CITY VIEWS: DO YOU THINK THE BBC LICENCE FEE SHOULD BE FROZEN FOR THE NEXT TWO YEARS? Tags: NULL THOMAS MCKAY | VOCUS“I subscribe to Sky and rarely find myself watching the BBC. I suppose the projected cuts in spending might affect the quality of online news, given that other news corporations are now charging for their services. That would be my only concern.”PHIL TURNBULL | AVIVA“Given the cuts in spending elsewhere in the country, the move to freeze licence fees seems sensible. I would say the programmes at the BBC are adequate, but there are plenty of other channels available.”SAMSON AKISANYA | FDM GROUP“It seems to me a question of how else the BBC will raise money. It’s no secret that you can watch television on iPlayer without having to pay for a TV licence. They have talked about bringing in a licence fee for online TV, and I wonder whether that will come in soon.” Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Share Thursday 16 September 2010 8:25 pmlast_img read more

Tax deal has yet to be agreed

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first_img KCS-content Tags: NULL whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Sharecenter_img whatsapp Tax deal has yet to be agreed Sunday 17 October 2010 10:56 pm Show Comments ▼ GERMANY and Switzerland have rejected a report they had agreed to a landmark tax deal that would reap €30bn (£26.2bn) from tax evaders but said they still aimed for a deal this month. Germany, along with Italy, the US and France, has been one of the most fervent critics of Switzerland’s banking secrecy laws.Berlin has paid for stolen data from Swiss banks to catch tax cheats and raided the German offices of Switzerland’s number two bank Credit Suisse. Both the German and Swiss Finance Ministries dismissed as “speculation” a report that finance experts had agreed a withholding tax on German assets hidden in secret Swiss accounts that would yield €30bn for Berlin public coffers.“Speculation about billions flowing back to the German tax authority is completely unfounded,” said ministry spokesman Michael Offer.Talks about solving the issue of an estimated €200bn of untaxed German wealth were constructive, he added, but both parties had agreed to maintain silence about the details.“The working group has continued to do its work. This will now go to the level of ministers,” said Swiss Finance Ministry spokeswoman Tanja Kocher.The two countries’ finance ministers hoped to agree on the key points of a new agreement by the end of October, when Swiss finance minister Hans-Rudolf Merz will leave office.But German finance minister Wolfgang Schaeuble had to be hospitalised for a month at the beginning of October, putting question marks on this time frame.Offer said the countries were still aiming to clinch the deal by the end of October, “if possible”. last_img read more

FSA’s Turner meets with US counterpart

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first_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com LORD Turner, chairman of City watchdog the Financial Services Authority, and US counterpart Mary Schapiro met yesterday to discuss co-ordinated oversight of over-the-counter derivatives trading, high-frequency- trading and other regulatory initiatives.Schapiro, chairman of the US Securities and Exchange Commission (SEC), and Turner were meeting as part of a cross-border dialogue set up in 2006. The pair restated their agencies commitment to working together to improve regulation and the oversight of securities markets, particularly over globally active regulated firms with a presence on both Wall Street and in the City.Lord Turner said: “As regulators, we all now face issues that cross borders and require international co-ordination. It is important that we are able to find common ground in approaching these issues and this continuing dialogue with the SEC forms a key part of this process.”Schapiro said the SEC and FSA were in the process of drafting vital new rules at a time of challenging problems following the recent financial crisis. The FSA is seeking to reform OTC derivatives markets to ensure greater transparency and create a harmonised approach globally. whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp Show Comments ▼center_img KCS-content FSA’s Turner meets with US counterpart Monday 15 November 2010 8:35 pm Tags: NULLlast_img read more

Iceland drafts a deal to repay debts from its banking bailout

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first_img ICELAND has drafted a new deal to repay the British and Dutch governments the money they paid to bail out investors who had saved with several of its banks, including Landsbanki, following their collapse two years ago.Iceland’s government put together a deal to repay Britain and the Netherlands earlier this year but the deal was rejected by voters in March.The new deal is believed to be far lower and would see Iceland repaying 40bn to 60bn Icelandic crowns (£240m) to the British and Dutch.The figure is well short of the £3bn both governments paid out to investors in high-interest Icelandic bank accounts. However, it is believed a big portion of the debt could be covered by a sale of assets in Landsbanki.Dutch and Icelandic finance ministries said no deal had been reached but progress was being made.“A final resolution of the matter will hopefully emerge within a few weeks,” the Icelandic finance ministry said.Dutch finance minister Jan Kees de Jager said full payment would still be required.“The Netherlands does not accept anything less than the principal plus interest,” he said. Share KCS-content Iceland drafts a deal to repay debts from its banking bailout Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Tags: NULLcenter_img whatsapp whatsapp Show Comments ▼ Wednesday 17 November 2010 8:18 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeWolf & ShepherdNFL Star Rob Gronkowski’s Favorite ShoesWolf & ShepherdTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionMoneyPailShe Was Famous, Now She Works In {State}MoneyPailBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutDaily Finance StoriesChrissy Metz, 40, Shows Off Massive Weight Loss In Fierce New PhotoDaily Finance StoriesSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Healthlast_img read more

CITY MOVES | WHO’S SWITCHING JOBS

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first_img Share Show Comments ▼ RSM TenonRuth Hiley (pictured) has joined RSM Tenon as the accountancy firm’s new head of outsourced payroll services. Hiley has a background in bureau management: she has worked at Moorepay, the UK’s largest payroll services firm, and has also been head of the payroll teams at BDO Stoy Hayward and PKF. She will be responsible for helping businesses outsource and reduce their payroll costs. She will be reporting to the national head of outsourcing, Margaret Laidlaw. Transnational AuditorsDavid Maxwell, a partner and board member of Grant Thornton, the financial services firm, has been appointed the chair of the Transnational Auditors Committee – a commitee of the International Federation of Accountants. The appointment will be in effect from January for a term of two years. NomuraNomura Holdings has appointed a new chairman of risk and regulatory affairs: David Benson. Benson has been chief risk officer for the firm since November 2008 and has worked at Nomura for 11 years in total. He will now move into this newly created role in order to draw together Nomura’s regulatory planning services and will supply advice on legislative developments. He will remain on the company’s board.Lewis O’Donald will succeed Benson as chief risk officer. He moves over from Morgan Stanley, where he has spent 18 years in risk management roles. He will be in charge of shaping the firm’s risk appetite. Equity DevelopmentInvestment research company Equity Development has appointed Gilbert Ellacombe as head of corporate. Ellacombe brings more than 25 years of capital markets experience to the firm, having previously worked at both Panmure Gordon and Kaupthing Singer & Friedlander. He will be responsible for expanding the corporate client base and equity financings. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Tuesday 21 December 2010 8:17 pm whatsapp whatsapp KCS-content CITY MOVES | WHO’S SWITCHING JOBS Tags: NULLlast_img read more

Confidence growing in City: survey

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first_imgSunday 9 January 2011 11:11 pm CONFIDENCE among City firms is growing on the back of strong business volumes and expectations of rising profitability, a survey shows today.The Confederation of British Industry (CBI) and PwC Financial Services survey paints a picture of steady recovery in the City over the past quarter, brightened by a boom in individual investment that has driven demand for asset managers and securities traders.But in a stark warning to regulators a majority of firms said they would have to invest more in compliance over the coming year and 80 per cent believed the UK was losing its competitive edge as a financial hub.Andrew Gray, UK banking leader at PwC, said bank confidence was at the highest level seen in five years, while interbank business volumes showed a heartening fall in the past three months.“It reflects the fact that banks have done an awful lot to bolster their balance sheets and become self-sustaining over the past year,” he said. Banks remain optimistic about the next quarter’s outlook, despite seeing little change in business volumes and profit falls in the last quarter. Show Comments ▼ whatsapp Confidence growing in City: survey whatsappcenter_img Share KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Tags: NULLlast_img read more

Nordea leads Nordic bank results as income surges on economic rebound

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first_img Nordea leads Nordic bank results as income surges on economic rebound NORDEA, the Nordic region’s biggest bank by value, beat forecasts with an 81 per cent rise in fourth-quarter operating profit as solid economic growth lifted income, but gave no outlook for 2011.Analysts said Nordea’s strong income and higher margins bode well for the region’s other banks that are set to report earnings in the next week, as higher interest rates in Sweden and shrinking loan losses help lift profits.Nordea, one of Europe’s top performers during the financial crisis, reported its fourth-quarter operating profit rose to €1.07bn (£912m), beating average analyst forecasts of €943m.Nordea’s wide geographic spread, an early move to raise capital and limited exposure to hard-hit markets such as the Baltics helped it pull through the downturn with ease, while analysts say it has been gaining market share in the Nordics.Analysts were upbeat on Nordea’s comments about corporate lending, which has struggled to recover in line with a robust regional economy – Sweden’s economy grew nearly six per cent last year – as cash-rich firms have relied on their own resources.Chief executive Christian Clausen said investments were picking up and lending margins had improved during the quarter. He added, however, that weaker international players had returned in search of new revenue.Nordea’s shares finished 3.2 per cent lower at 77.75 Swedish crowns. More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org KCS-content Show Comments ▼ Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solutionautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comcenter_img whatsapp Share whatsapp Wednesday 2 February 2011 7:31 pm last_img read more