Unions reject Tube talks

first_imgThursday 23 September 2010 8:38 pm TUBE unions embroiled in a bitter dispute with London Underground (LU) have refused a call by the public transport body to resume talks aimed at averting another strike. Transport unions the RMT and Transport Salaried Staffs’ Association (TSSA), which together represent over 10,000 Tube workers, said proposals made by LU “do not go far enough to resume talks”.The unions confirmed that three planned 24-hour strike periods for 3 October, 2 November and 28 November would go ahead. LU management called on RMT and TSSA yesterday to restart talks at conciliation service Acas in a bid to reach an agreement over plans to axe up to 800 station staff. Leaders from RMT and TSSA met with senior management from LU earlier this week, but after six hours neither side could reach an agreement. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal 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.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald whatsapp Tags: NULL Unions reject Tube talks Sharecenter_img KCS-content More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Show Comments ▼ whatsapplast_img read more

Emerging markets’ illness small but persistent

first_img Emerging markets’ illness small but persistent KCS-content Tags: NULL FAR BE it for me to ruin your Monday but I am starting to get a bad feeling about emerging markets. Let me put that in context. On a medical scale I would call it more of a slight itch than a life-threatening condition, but it is definitely persistent.EMERGING MARKETS GROWTH SLOWSHSBC knows a thing or two about emerging markets; the bank has just put out an index that says emerging markets economic activity levels have darkened. There is still growth but at a slower pace in the third quarter than previously, with Brazil, Russia and China all reporting falls in growth rates.FITCH DOWNBEAT ON CHINAFitch, the ratings agency, sounded more downbeat on China recently. The fact that ratings agencies did not cover themselves in glory at the height of the US credit boom means that they don’t want to be caught napping on China. Fitch’s central case is that China will grow on average nine per cent annually out to 2012 but it is very aware of the dangers of leverage and a flood of investment.BIG DEMAND FOR MEXICAN BONDTalking of a flood of investment, last week reached new levels of emerging markets craziness when we saw staggering demand for Mexico’s century bond. When I first saw pictures of The World in Dubai, I immediately realised that this must mean we are in a property bubble – building islands shaped like countries set out as a big map of the globe just seemed emblematic of excess. So might lending money to the Mexican government for 100 years for a six per cent yield officially mark the start of a bubble in emerging debt markets?US FED COULD BRING WALL OF CASH And of course a wall of money might be exactly what is on its way. If the US Federal Reserve decides that the US economy needs more quantitative easing in order to create jobs, then the global financial system will soon be even more awash with cash looking for a home. Many money managers have told me that it won’t be loaned to small businesses as the Fed might wish. Instead it will find its way into emerging markets. Of course if you are in this for the long term then maybe none of this really matters. SEEING A BUBBLE DOESN’T BURST ITVery few businesses tell us they know any better place than emerging markets to grow their businesses. And of course it takes more than just identifying a bubble to burst it. Just ask UK home owners who rode the property boom for years before it came apart. Some say we are still in bubble territory here, but that is a topic for another day. Anna Edwards co-anchors Capital Connection and is a presenter on Squawk Box Europe weekdays on CNBC. http://europe.cnbc.com Share More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida 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.com Sunday 10 October 2010 10:39 pmcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal 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 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.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald whatsapp Show Comments ▼ whatsapp last_img read more

SocGen sees income more than double

first_img whatsapp Share KCS-content Wednesday 3 November 2010 10:10 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDirect HealthyKate Silverton’s PartnerDirect Healthythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com center_img whatsapp SOCIETE Generale reported group income more than doubled in the third quarter compared to a year earlier as a result of healthy retail banking activities with growth in international retail banking revenues.It said group income increased €900m (£787m) in the third quarter taking total income for the first nine months to €3bn compared to €500m a year earlier. Third quarter group revenue increased 2.6 per cent year-on-year to €6.3bn taking the overall figure for the nine months to 30 September to €19.6bn ­– an increase of 15.1 per cent on the previous year. Net income from all domestic retail banking activity increased 3.5 per cent compared to a year ago while revenue from international retail banking increased 3.1 per cent on the year.Those increases helped to offset a decline in corporate and investment banking revenue, which fell 20 per cent compared to a year earlier.However, investment banking increased 10 per cent in the third quarter compared to the previous three months. Provisions for bad loans also continued to decline across all units, but particularly in Russia, where SocGen’s retail banking business broke even. The trend for lower provisions is forecast to continue the bank said. But the bank said it is well positioned to comply with the new 7.5 per cent tier one capital ratio rule. Show Comments ▼ SocGen sees income more than double Tags: NULLlast_img read more

City views: have you used Linkedin?

first_img KCS-content whatsapp THOMAS LANE | AON“No, I haven’t. I don’t see any real need to network online – I’d rather meet clients in person.”GRANT MORROW | JUBILEE INSURANCE“Yes, I have. I use LinkedIn to keep in touch with past clients and colleagues.”NICK HOCKING | PRICE FORBES“I signed up a while ago but haven’t logged on recently. If you’re not looking to move jobs, LinkedIn isn’t that useful.”DIPO AJENIFUJA | MANAGEMENT“Yes. I think LinkedIn is a brilliant tool, especially from a recruitment point of view.” City views: have you used Linkedin? Thursday 6 January 2011 8:48 pm More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.comMark Eaton, former NBA All-Star, dead at 64nypost.comPuffer fish snaps a selfie with lucky divernypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Show Comments ▼center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal 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 AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi 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 Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com whatsapp Share Tags: NULLlast_img read more

Greater disclosure of risk needed, says governance body

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Greater disclosure of risk needed, says governance body KCS-content whatsapp whatsapp Tags: NULL Sharecenter_img DIRECTORS should be clearer about the risks facing their business in annual reports, the UK’s governance watchdog said today.Statements from chairmen and chief executives should be balanced and discuss the biggest risks to the business in more detail, according to new recommendations from the Financial Reporting Council (FRC).Audit committee reports should also disclose anything in the annual report that external auditors thought contradicted financial statements or their audit findings, the FRC said.FRC director of corporate reporting Ian Wright told City A.M. the recommendations would improve discussion about risk after the credit crunch exposed banks’ failure to manage the risks they faced.“Its not just banks that fail,” he said. “We’re trying to make sure that good companies don’t fail because the board didn’t consider the right risks.”But he admitted the FRC had no evidence that companies had failed because of poor information flow between auditor committees and shareholders. The recommendations will worry businesses that face growing corporate governance requirements from regulators. Wright said the proposals would not force companies to spend more time on corporate reporting. Thursday 6 January 2011 8:53 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal 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 AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald Show Comments ▼last_img read more

City should teach personal finance

first_imgTuesday 11 January 2011 8:20 pm City should teach personal finance Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap whatsapp KCS-content Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeStyleVamp11 Celebs And Their Historical DoubleStyleVampUndoBewadaHusband Divorced His Wife After Looking Closer At This PhotoBewadaUndovirimi.com14 Efficient Arm Workouts To Build Might & Muscle – Virimivirimi.comUndoadvisor15 Plants that Repel Mosquitoes NaturallyadvisorUndoAmoMediaMan Leaves Wife For Her Sister, Her Revenge Is BrilliantAmoMediaUndocutenova.comTake a Peek at 10 of the Most Expensive Houses in the Worldcutenova.comUndoHealth.recetasgetHeart Attack Early Warning Signs and SymptomsHealth.recetasgetUndoBuzzDestination7 Types of Men Who Are Not Made For RelationshipsBuzzDestinationUndo5log – Livinguard®This mask has been sold out in Germany 5 days after the government has tighten up5log – Livinguard®Undo Show Comments ▼center_img Tags: NULL Share CITY A.M. is today launching a campaign to increase financial literacy in the UK, and calling on City companies to provide significant financial support for an educational fund. A report into UK financial literacy by the Financial Services Authority (FSA) in 2005 found that only 19 per cent of people stay informed of financial products and specific financial information sources, and that most still rely on general newspaper, television and radio content. Although 81 per cent of those heading for retirement did not think a state pension could provide them with the standard of living they hope for when they give up work, 37 per cent had made no additional provisions for a private pension plan.The campaign has been welcomed by Conservative MP Sajid Javid and, as our City Views prove, has the weight of the workforce behind it.But it’s not just the general public that have a knowledge shortfall – financial education needs to target all sectors of society, and to start with the basics. “I’ve found that even in the Houses of Parliament there are some MPs that struggle with the difference between the debt and the deficit,” said Javid. “I’m convinced that increasing financial literacy is a great cause and City A.M. can run an interesting debate on a matter that deserves to be looked into.”The establishment of the Consumer Financial Education Body last year is a step in the right direction, but it currently raises all funding through FSA contributions, rather than voluntary donations. A much larger source of money is needed, and it should be provided by those who have both the motivation and the means to make an investment in the country’s financial future. whatsapp last_img read more

AIG picks banks to advise sale

first_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK 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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.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.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com AIG has selected four banks to advise on the government’s sale of its 92 per cent stake in the company. Bank of America, Deutsche Bank, Goldman Sachs and JP Morgan Chase will manage the deal, with the insurer said to be gunning for fees of 0.5 per cent of the sale’s value, below the 0.75 per cent fee for the government’s float of General Motors last year. AIG could sell for as much as $20bn. Tags: NULL whatsapp KCS-content Share Show Comments ▼ whatsapp Tuesday 18 January 2011 8:50 pm AIG picks banks to advise sale last_img read more

SEVERN TRENT SEES LEAKAGES RISE

first_imgTuesday 25 January 2011 7:14 pm KCS-content Show Comments ▼ whatsapp Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell 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.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comcenter_img SEVERN TRENT SEES LEAKAGES RISE Tags: NULL whatsapp 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 AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi 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 Ads Severn Trent said yesterday it has experienced higher levels of leakages so far this winter because of last month’s snow. The water firm, led by chief executive Tony Wray, added its net capital expenditure would range from £400m to £410m for the year. It said that the business expected to book exceptional charges of around £20m to £25m. last_img read more

Citigroup wins control of EMI

first_img whatsapp GUY Hands’ battle to retain ownership of iconic record company EMI ended yesterday after Citigroup, provider of its £3.4bn debt mountain, took control of the firm.Hands’ private equity firm Terra Firma was forced to cede ownership after failing to keep up EMI’s debt repayments to the investment bank.Terra Firma bought EMI, home of artists such as Robbie Williams and Lily Allen, in 2007 using £2.6bn of debt from Citi, but struggled to make the company profitable. Citi has written off 65 per cent of EMI’s debt, reducing it to £1.2bn. Terra Firma has lost all £1.7bn it invested.Hands fought an acrimonious US court case over EMI last year, accusing Citi of tricking him into paying more for EMI than it was worth. Tuesday 1 February 2011 9:28 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoBetterBe20 Stunning Female AthletesBetterBeUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Citigroup wins control of EMI whatsapp More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell 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.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.orgcenter_img KCS-content Show Comments ▼ Share Tags: NULLlast_img read more

Tchenguiz lawyer confident the tycoons will bounce back

first_img whatsapp Show Comments ▼ Share Thursday 10 March 2011 7:46 pm whatsapp Tchenguiz lawyer confident the tycoons will bounce back ONE of the Tchenguiz Brothers’ long-standing lawyers last night predicted the pair would bounce back from their travails at the hands of the Serious Fraud Office (SFO) following their lengthy questioning by police officers on Wednesday.Sarosh Zaiwalla, whose firm acted for them for three years until the end of last year, said: “The SFO has been brought in presumably at the request of the Icelandic government who wants to find out why and for what reasons Kaupthing Bank went bankrupt. “The SFO’s investigation is not an assumption of guilt in any way. The brothers have been released without charge which suggests that the SFO may not have found evidence against them. In fact there exists a serious possibility that the Tchenguiz brothers could well succeed with their claim for misrepresentation against Kaupthing for their losses of US$1.6bn…..They will bounce back once again.”Yesterday it emerged that law firm Osborne Clarke was acting for Robert’s group R20 in connection with the fraud case. The relatioship partner is Nick Simpson who worked for the brothers when he was at Olswang. “Nick has had a longstanding relationship with R20,” it says on the firm’s web-site. center_img 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi 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 Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald KCS-content last_img read more