Hints and tips:
...Last week, executive chair Nicholas Vetch, chief executive James Gibson, chief financial officer John Trotman and operations director Adrian Lee bought just shy of 302,000 shares at 945p, a 2.9 per cent...
...March 15 to 26; further information and tickets here ‘Hopelessly Devoted: A Celebration of Olivia Newton-John’, Hamer Hall Melbourne Symphony Orchestra’s tribute to the late Australian singer, whose niece...
...He could smell bullshit,” recalls John Mack, who was then head of Morgan Stanley’s fixed-income division....
...UBS boss Ralph Hamers is left to integrate UBS with its erstwhile deadly rival....
...Nic Hamer at Oakwell Sports Advisory says he is witnessing “huge interest” from prospective investors....
...“He was on the phone with regulators all the time,” recalled John Mack, Morgan Stanley’s chief executive at the time....
...Pioneering composer Percy Grainger, concert pianist David Helfgott from the Oscar-winning movie Shine and Olivia Newton-John are some of its most famous exports, while Dame Nellie Melba took her stage name...
...The energy services and engineering group is looking to upcoming divestment to clear its debt pile, writes Alex Hamer....
...Hamers ought to act fast....
...The consulting, construction and operations firm has high debt and had a poor 2021, but a new energy security focus and division sale could shore up the books, writes Alex Hamer....
...As you pass through Batman Park, named after city pioneer John Batman, you might spot some wandering swans....
...Rentokil North America managing director John Myers picked this environment to sell 250,000 shares in the company, for £1.2m. This is his second major share sale in 12 months....
...So, perhaps, it is unsurprising timing for president of the group’s Americas operations, John Faraguna, to sell down part of his holding, disposing of just over £150,000 in shares....
...john.plender@ft.com...
...Through a new arrangement, shareholders will end up with a smaller proportion of a still-struggling company, writes Alex Hamer....
...But Mr Hamers was one of the most sought-after banking executives in Europe, due to his experience in digitising ING. HSBC had earlier approached him to succeed John Flint....
...HOLD: Royal Dutch Shell (RDSB) We maintain a hold recommendation because balance sheet prudence could pay off in the longer-term, writes Alex Hamer....
...Earlier this year Swiss bank UBS appointed Ralph Hamers as chief executive despite a lack of experience in investment banking or wealth management — its two main business lines....
...The BP board has stuck with the higher dividend handed out by Bob Dudley despite the sky falling in for energy companies, writes Alex Hamer....
...HOLD: Glencore (GLEN) The end of the Ivan Glasenberg era has come with a return to dividends for Glencore shareholders, writes Alex Hamer....
...But Hamers typifies the new breed of chief executive Europe’s banks are looking for....
...Mr Hamers’ low-key style was also a factor....
...The Asia-focused bank has been searching for a chief executive since it ousted John Flint last August....
...His job at HSBC would be the same as ING’s Ralph Hamers, this week appointed CEO of UBS: to arrest a slow drift into mediocrity....
...Ralph Hamers of ING is moving into one of the most powerful and challenging positions in global finance at the helm of UBS....
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