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first_img BarclaysLeigh Clifford, the chairman of Qantas Airways, is to step down from his role as a non-executive on the Barclays board at the end of the month.Clifford joined the bank’s board in October 2004. In addition to his position at Qantas, he is also a director of engineering giant Bechtel Group and a senior adviser to private equity firm Kohlberg Kravis Roberts.He was formerly chief executive of Rio Tinto from 2000 until 2007.Caxton FXThe foreign currency exchange broker has appointed John Craig as its new chief operating officer.Craig, 45, joins from Northern Trust Wealth Management, where he was a senior vice president responsible for strategic development across the Europe, Middle East and Africa (EMEA) region, focusing on the ultra high net worth sector.JefferiesGerard Reid has joined the investment bank as a managing director and senior equity research analyst in London, focusing on clean technology.Reid was most recently European head of Ardour Capital Investments. He has also previously held positions as a managing director at Berlin-based Oikovest, advising clients in the alternative energy sector, and head of research and a senior partner at independent equity research house First Berlin.SVM Asset ManagementThe boutique investment group has appointed Neil Veitch, manager of its SVM UK Opportunities Fund and co-manager of the SVM All Europe SRI fund, as a board director.Veitch joined the group in 2005 from Kempen Capital Management, where he managed both retail and institutional pan-European small and mid-cap portfolios.KPMGThe accountancy giant has hired three new staff to its financial services remediation practice.Jarrod Nicholson, John Seaton and Caroline Walters all join from Huntswood, as a director and senior managers respectively. CISIThe Chartered Institute for Securities and Investment has appointed Dr Robert Barnes, Fionnuala Carvill and Nick Parkes to its board of directors.Barnes is currently a managing director in the equities business at UBS, while Carvill, an ex-director of Rothschild, is commission secretary at the Guernsey Financial Services Commission. Parkes is a partner at corporate finance advisory firm Novitas Partners. KCS-content Share CITY MOVES | WHO’S SWITCHING JOBS whatsappcenter_img Show Comments ▼ Sunday 26 September 2010 9:46 pm whatsapp Tags: NULLlast_img read more


first_img FINANCIAL TIMESBALLS WARNS KING ON BANK CREDIBILITY Ed Balls, shadow chancellor, has criticised Mervyn King, Bank of England governor, saying he should step out of the political arena and stop tying his credibility to the coalition’s “extreme” deficit-reduction plans. In an interview with the Financial Times, Balls drew comparisons between King’s stance and the backing lent by the Bank of England to the Treasury’s fiscal hawks during the Great Depression.BRUSSELS ATTACKS RULES ON TAX AVOIDANCE Revenue & Customs’ main weapon for stopping offshore tax avoidance is under attack from Brussels, which says rules that stop investors moving their wealth abroad impinge on fundamental principles of the single market. The challenge is the latest high-profile dispute over the ability of taxpayers to take advantage of low tax rates in other parts of the European Union. US DOUBTS OVER INDIA JET FIGHTER PARTNER The US government has expressed doubt about the suitability of corporate partnership with an Indian state aerospace company as Boeing and Lockheed Martin bid to supply New Delhi with 126 strike fighters. The US is pitching for what is one of the world’s largest military contracts, worth $11bnSCIENTISTS PROJECT HUMANS INTO AVATARS Swiss scientists have projected volunteers into the body of an avatar or virtual human, taking virtual reality to a new level.Scientists at the Ecole Polytechnique Fédérale de Lausanne (EPFL) even made men feel like women and women like men.THE TIMESCABLE IS FAILING UK BUSINESS, SAY MPSVince Cable’s Business Department has been accused of indulging in empty rhetoric and failing to produce a coherent strategy for growth in a withering assessment of the past nine months. MPs on the Commons Business, Enterprise and Skills committee will say in a report published today that the Department is letting down British companies, particularly in failing to break the bank-lending impasse.HEINEKEN HOLDS LINE ON PRICES AS SALES SLIDEBritain’s biggest brewer suffered a sharp fall in sales volumes last year as it sought to hold the line on pricing with two of the country’s most powerful supermarket chains. Heineken, has been the market leader since its takeover of Scottish & Newcastle in 2008.The Daily TelegraphPRESIDENT BARACK OBAMA TO MAKE STATE VISIT TO BRITAINUS President Barack Obama is to make a state visit to the UK in May after accepting an invitation from the Queen, Buckingham Palace has announced. Mr Obama will be joined by his wife Michelle for the three-day trip, which comes ahead of the G8 summit of world leaders in France which the American politician is expected to attend. WAR ON THOUSANDS OF LOCAL BOROUGH COUNCIL ‘NON-JOBS’Almost three million people are employed by local borough councils after an “explosion” in “crazy non-jobs”, the coalition has claimed. Local authorities have taken on an extra 180,000 workers since 1997, with the total number not employed in traditional front-line roles now standing at almost 750,000.THE WALL STREET JOURNALBANKS FIND LOOPHOLE ON CAPITAL RULE Some foreign banks are moving to restructure their US operations to avoid one of the most-burdensome requirements of the new Dodd-Frank law. In November, Barclays quietly changed the legal classification of the UK bank’s main subsidiary in the US so that the unit would no longer be subject to federal bank-capital requirements. Several other banks based outside the US are considering similar moves.LIBYA PROTEST FATALITIES PRESSURE GADHAFI Local media and human-rights groups monitoring Libya reported at least four protesters killed in recent clashes with security forces and regime supporters, as Colonel Moammar Gadhafi mobilized large pro-government demonstrations. whatsapp WHAT THE OTHER PAPERS SAY THIS MORNING Show Comments ▼ Thursday 17 February 2011 9:05 pm Share More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKansas coach fired for using N-word toward Black playerthegrio.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comI 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.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com KCS-content whatsapp Tags: NULLlast_img read more