CITY MOVES | WHO’S SWITCHING JOBS

first_imgTuesday 25 January 2011 7:23 pm CITY MOVES | WHO’S SWITCHING JOBS RSM TenonThe seventh largest accountancy firm has named accountant Peter Musgrave as head of its enlarged London office. RSM Tenon has brought together teams from four offices into the central London location in Chiltern Street in the West End and created a 450 strong team covering all the Group’s services. Peter previously ran the RSM Tenon’s Wigmore Street office and now heads the largest office within the group, dedicated to the London market.Moelis & CompanyMoelis & Company has appointed Alexandra Oldroyd to the firm as a managing director based in London. She will advise clients in the consumer industry with a particular focus on the food and beverage sector, working closely alongside Benoit Renon, managing director in the firm’s European consumer practice. Oldroyd joins from Barclays Capital where she was a managing director and pan-European beverages analyst. AFMThe Association of Financial Mutuals [AFM] has hired John Reeve, chief executive of Family Investments, as its new Chairman. Reeve takes over from Mike Yardley, who stepped down as chief executive of Royal London last year. Reeve has been chief executive of Family Investments, the leading provider of the Child Trust Fund and affordable tax-exempt savings plans especially for children, since 1992. The AFM is a trade body that represents 57 mutual insurers, friendly societies and other financial mutuals in the UK and is tasked with enhancing the importance and value of mutuals within the UK’s financial service sector.World FirstSir David Clementi, former deputy governor of the Bank of England, Sir David Clementi, is to become chairman of the board of directors of foreign exchange brokers, World First. He has been senior advisor to the company since 2006. Clementi is currently chairman of Kings Cross Central and a director of The Royal Opera House. He was previously chairman of Prudential and was deputy governor of the Bank of England from 1997 to 2002. He has also been chief executive of Kleinwort Benson.Jones Lang LaSalleJones Lang LaSalle has appointed Robert Mayhew as regional director in its valuation advisory team in London. Robert is relocating from Jones Lang LaSalle Russia and CIS where he has been the head of strategic consulting and valuation since late 2006. Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Adsthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com KCS-content Share whatsapp whatsapp Tags: NULLlast_img read more


Markets lifted by bullish US economy

first_img Share whatsapp Show Comments ▼ whatsapp US stocks rose yesterday on strong earnings and signs of a strengthening economy, even as a surge in the price of oil highlighted the potential for increased political risk in the Middle East to upset markets. Egyptian Vice President Omar Suleiman said on Monday that President Hosni Mubarak has asked him to start a dialogue with all political forces, while Egypt’s armed forces pledged not to fire on peaceful demonstrators.The latest news calmed markets after stocks suffered their biggest fall in nearly six months on Friday. The improved sentiment helped the Market Vectors Egypt Index rise 7.9 per cent, indicating investors’ appetite for risk in the region had recovered somewhat.“It’s creating a great opportunity to step up and increase exposure to emerging markets and other areas of the international markets,” said Robert Lutts, president and chief investment officer at Cabot Money Management in Salem, Massachusetts. “I’m optimistic that this will be resolved and blow over.”Relief that the turmoil appeared not to be escalating allowed investors to focus on data showing stronger US personal spending and regional manufacturing, while better-than-expected earnings from Exxon Mobil sent the company’s shares up more than 2 per cent.Exxon Mobil gained 2.1 per cent to $80.68 after the world’s largest publicly traded oil company reported a 53 per cent increase in quarterly profit. Its shares closed up at $80.68 after earlier in the day hitting a two-year high of $80.82. M&A activity also helped lift stocks. Massey Energy rose 9.8 per cent to $62.86 after Alpha Natural Resources agreed to a $7.1bn deal to create the second largest US coal miner by market value. On the economic front, the Commerce Department said US consumer spending rose in December for a sixth straight month, while a separate report showed business activity in the US Midwest grew more than expected in January. In other M&A action, CNOOC will pay $1.3bn in its second shale deal with America’s Chesapeake Energy, the latest move by China’s top offshore oil producer in its aggressive drive for overseas acquisitions. Chesapeake advanced 8 per cent to $29.53.The Dow Jones industrial average gained 68.23 points, or 0.58 per cent, to 11,891.93. The Standard & Poor’s 500 Index rose 9.78 points, or 0.77 per cent, to 1,286.12. The Nasdaq Composite Index added 13.19 points, or 0.49 per cent, to 2,700.08. Monday 31 January 2011 7:50 pm 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 TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia Markets lifted by bullish US economy Tags: NULL KCS-content last_img read more