Tube strikes cause misery for Londoners

first_img More From Our Partners Killer 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Tube strikes cause misery for Londoners 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.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Tags: NULL KCS-content whatsappcenter_img whatsapp Monday 6 September 2010 8:40 pm Show Comments ▼ Share MILLIONS of Londoners faced long delays getting into work today as London Underground (LU) strikers are set to continue their action into the evening.Yesterday at 5pm, LU maintenance and engineering staff left their posts and were followed four hours later by drivers, signallers, station staff and operational managers at trade unions RMT and Transport Salaried Staffs’ Association (TSSA).The disruption is affecting LU’s entire Underground network, with delays expected to continue all this evening.Transport for London (TfL) said passengers can expect a return to relatively normal service by the start of tomorrow’s morning rush hour commute but that some minor disruptions should still be expected.Last night, Londoners scrambled to get home early before the strikes began.Commuters flooded into underground stations before 5pm to catch the Tube, while overland trains leaving London Bridge station were busier than usual and commuters fought for space on London’s buses.TfL said it will “keep London moving” through the course of the 24-hour strike period and yesterday put its plans into action.Roughly 100 extra buses were added to main routes, while Londoners were also encouraged to get on their bikes. But due to overcrowding, it’s likely that most will have to travel to work by foot.Just half an hour after the strike started last night, disruptions were already reported on the Bakerloo, Central and District Lines.At the centre of the bitter dispute are cost-cutting measures LU said it will have to take in order to avoid a raft of draconian cuts in next month’s government spending review. The cuts will affect underground station staff. Unions RMT and TSSA have called the cuts “unsafe”.HOW TO BEAT THE STRIKETUBETfL said disruption is likely to the majority of journeys, but LU has bid to run as many trains and keep as many stations open as possible. According to LU, volunteers will be on hand at key stations throughout London to provide alternative travel options to passengers.BUSESLondon’s buses will continue to operate around 700 routes, with the addition of 100 buses on extra busy routes during the strike. Extra staff will also be added on major hubs to assist passengers.RAIL AND THE DLRThese services will operate on a normal schedule, however London Underground has warned that some disruptions may occur where there are interchanges with Tube stations. Network Rail services will also operate a normal service.CYCLINGTfL said that over 5,000 of its “Boris bikes” will be available to hire for members although demand for the service is expected to be high, especially at peak times. The transport group has encouraged Londoners to cycle into work and has pledged to provide guided rides today. TfL said: “We’ve written to hundreds of businesses across London to ask them to be flexible and make it easy for staff to cycle to work, and to allow staff to wear casual clothes on the day.”RIVER SERVICESTfL is to add 10,000 additional seats on boats travelling on the Thames between Towe Bridge, Westminster and London Eye Piers.TAXISThis morning taxi drivers will be operating a marshalled service for central London at Waterloo, Liverpool St, King’s Cross, Charing Cross and Marylebone train stations, while fixed-fare taxi sharing will be implemented at Euston and Paddington stations. In addition, the fixed-fare taxi sharing schemes at Euston Station and Paddington Station are expected to operate as normalDRIVINGThe Congestion Charge will remain in operation throughout the strike. However, TfL added: “We will be delaying or curtailing road works on major London roads wherever possible and are encouraging all London boroughs to take similar measures on their network.”WALKINGTfL will provide passengers with walking maps at Tube stations within Zone 1 and key outer London stations, with volunteers helping people plan their routes around the city. last_img read more

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STRIP CLUB BOSSES STAKE OUT THEIR TURF

first_imgWednesday 8 September 2010 8:10 pm STRIP CLUB BOSSES STAKE OUT THEIR TURF LOOKS like The Capitalist ruffled a few feathers yesterday with a tale about former Spearmint Rhino managing director Simon Warr setting up a new strip club, Platinum Lace, on his previous employer’s territory in the heart of London.Spearmint Rhino bounded in immediately with a robust defence of its business, which is apparently booming at present despite the break-up of the chain’s out-of-London clubs from its flagship Tottenham Court Road venue last year.“Like a lot of other companies, Spearmint Rhino was affected by the recession but now the bankers have their bonuses back and the Arabs continue to splash the cash, revenue in the flagship London club is up 33 per cent,” a club spokeswoman informs me breezily. (I’ll take her word for it, twenties tucked into G-strings an’ all.)But have we touched a raw nerve? Apparently, the club’s success can be “credited to the change in management”, with new vice president John Specht having been flown in a year ago.Funnily enough, ex-day-to-day boss Warr split from Spearmint founder John Gray on less than friendly terms – and I’m told they’ve now had to get the lawyers involved to iron out their differences. ELECTION FEVERThey’re sticklers for etiquette over at the City of London Corporation. In pops an email from the organisers of a charity abseil today, proudly stating that property bigwigs taking part include Alderman Michael Bear, “the Lord Mayor elect”.Not a few minutes goes by before a correction comes rushing in, admitting that Bear hasn’t actually been elected as yet.Bear – who works as regeneration director at Hammerson – is the “preferred candidate” of the City’s electoral college, though once in a blue moon the liverymen do vote against their superiors. He’s up against David Wootton and Roger Gifford in the election on 29 September.OFF TO THE STICKSComic email of the day: courtesy of private equity group Origo Partners, setting up a corporate finance JV in Mongolia. “This is really quite exciting,” gushes the firm, “as a number of UK bankers have chosen to relocate to Mongolia…” What was that about a mass exodus?ONE MAN’S JUNK…A flick through the catalogue for the upcoming Christies auction of Lehman Brothers’ London art, expected to raise around £2m, reveals a familiar sight.Along with paintings, sculptures and bric-a-brac, the administrators are flogging a few of the bank’s wall plaques and signs – with each expected to fetch up to £3,000. Ebay has been doing a roaring trade in such goods since the collapse, so expect fierce competition among bidders.WELL CONNECTEDIt’s off to pastures new for former Alchemy director Eric Lakin, who left the firm at the end of last year. He’s joined Oakley Capital Corporate Finance as a director tasked with expanding the telecoms and technology practice, after a nine-month break. Not for Lakin the idle life, though: since December he’s been advising in an interim role at venture capital firm DN Capital, as well as training as a certified football coach. Both roles have paid off: as well as his new job, he’s now coaching an under-sevens footy team on which his son plays, as well as the son of Fulham striker Andrew Johnson. Show Comments ▼ KCS-content center_img whatsapp whatsapp Share Tags: NULLlast_img read more

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British universities falling out of favour, says top-rated survey

first_img whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org British universities falling out of favour, says top-rated survey 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 PastNoteabley25 Funny Notes Written By StrangersNoteableyPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe 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.com Show Comments ▼ Tags: NULL BRITISH universities are falling out of favour, with only five UK institutions ranked in the world’s top 50.According to The Times Higher Education Magazine’s table, which is based on criteria including research, and teaching, Harvard is the world’s leading university.The survey concludes that the US accounts for 72 of the world’s 200 best universities. Meanwhile only three British universities appear in the top ten – Cambridge, Oxford and Imperial College London. This assessment comes only a week after a separate survey by the careers advice company QS ranked Cambridge at the top. In previous years the Times and QS collaborated. While the QS survey places only four UK universities in its top ten, significantly a UK institution tops the pile.Speaking yesterday, Professor Steve Smith, president of Universities UK, said, “The higher education sector is one of the UK’s international success stories, but it faces unprecedented competition.The Times’ top ten is Harvard, California Institute of Technology, Massachusetts Institute of Technology, Stanford, Princeton, Cambridge, Oxford, University of California, Imperial College London and Yale. center_img KCS-content whatsapp Thursday 16 September 2010 8:51 pm Sharelast_img read more

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FSA to rule on mobile call tapping

first_imgMonday 8 November 2010 8:54 pm THE Financial Services Authority (FSA) is poised to announce tough new rules that will force firms to tap the mobile phones of traders.It means traders will be subject to strict guidelines about mobile phone use. All calls on work mobiles will be tapped and personal mobiles will be banned from the trading floor. The FSA estimates around 16,000 mobile phones could fall under the new rules.The new rules would bring mobile phones into line with fixed line calls, which are already recorded.Text messages and instant messaging, including Bloomberg terminal messages, are also expected to be included.It is understood firms will be given a period of around a year to fall into line with the new regulations.Charles Rich of call management firm CTI Group said the changes will benefit the industry. He said: “The FSA’s mobile call recording regulations will protect financial institutions from rogue trader activity. By adhering to the rules and deploying a robust call recording solution, liability for any fraudulent activity will be attributed to the individual and not the firm they represent.” Network providers such as Vodafone already offer facilities for recording mobile conversations. 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 Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterMartha Stewart CBDShop Martha Stewart’s CBD Products NowMartha Stewart CBD KCS-content center_img Show Comments ▼ FSA to rule on mobile call tapping whatsapp whatsapp Tags: NULLlast_img read more

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Cameron warns over inflationary dangers ahead of Bank rates decision

first_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’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 ▼ Share whatsapp UNEXPECTEDLY high inflation could exacerbate splits in the Bank of England’s rate setting committee, which meets this week.Prime Minister David Cameron yesterday expressed concern about the UK’s inflation, which is consistently above target.“Inflation is extremely harmful. It destroys people’s savings,” he said. “We don’t want to go back to having an inflation problem as we had in the past.”Yet the Prime Minister gave his backing to the “excellent” Bank governor Mervyn King.The Bank’s monetary policy committee (MPC) faces a three-way split. While Andrew Sentance is likely to keep proposing a small rise in interest rates, “dovish” American Adam Posen is expected to continue suggesting a further programme of quantitative easing (QE2). The rest of the committee has stayed on the fence in recent months, yet increasing differences among economists may be reflected in larger factions emerging within the MPC.Consumer price index (CPI) inflation will hit four per cent in the next three months, according to ING forecasts. Producer price data, released this Friday, is expected to show further price increases.Yet a weak labour market will keep inflation down, said business advisory group BDO today.Nonetheless, business morale rose above expectations, according to BDO’s business trends report. 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 Tags: NULLcenter_img whatsapp KCS-content Sunday 9 January 2011 10:37 pm Cameron warns over inflationary dangers ahead of Bank rates decision last_img read more

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VAT rise concerns small firms

first_img VAT rise concerns small firms 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 Tags: NULL Show Comments ▼ The increase in VAT is one of the leading threats to small and medium sized businesses, according to a survey released yesterday. The poll, commissioned by financial services group The City UK, revealed that 39 per cent of businesses were concerned about the effects of the tax hike. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal 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 ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 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 Tuesday 11 January 2011 7:43 pmcenter_img Share KCS-content whatsapp whatsapplast_img read more

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COULSON PRAYS FOR CHELSEA AS GREENBERG SIGNS ON FOR MURDOCH

first_img More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Show Comments ▼ 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 Tuesday 11 January 2011 7:57 pm AFTER weeks of Guardian headlines, it seems News International has decided it is time for some drastic action on the News of the World phone hacking saga.It has brought in a public relations expert in the form of Simon Greenberg, to head up corporate affairs.Greenberg is being parachuted in to the job fresh from heading up England’s 2018 World Cup bid. Of course, you don’t have to be a sunburnt, George’s flag-painted skinhead to know that England’s World Cup bid… didn’t go so well.It was, in fact, a disaster, with Old Blighty garnering just two votes after an outlay of £15m by the Football Association.Undeterred, News International has put Greenberg straight onto its executive team, reporting directly to chief executive Rebekah Brooks, nee Wade.He’ll presumably, then, be able to advise against little stunts like James Murdoch and Brooks’ rampage into the offices of the Independent last year, when Murdoch the younger decided he didn’t much care for the paper’s election coverage along the lines of “Rupert Murdoch won’t decide this election – you will”, and barged into Simon Kelner’s office to tell him about it. Luckily, Greenberg is probably used to managing the eccentric needs of his bosses: his role prior to the England bid was as public affairs chief of Chelsea from 2004 to 2009, reporting to Roman Abramovich.Downing Street communications director and former News of the World editor Andy Coulson, who is thoroughly embroiled in the hacking row, must be praying that Greenberg can work up a little more of his Chelsea magic and a little less of his FA doom.ON THE CARAVANA stressful day yesterday for Eric Illsley, Member of Parliament for Barnsley Central. He was convicted of fiddling his expenses to the tune of £14,500.Funnily enough, the events don’t seem to get a mention on the “About Me” section of his website. The page tracks his life story and movements for the last fifty years, including a paragraph on caravans: “I take a keen interest in caravanning issues and have been an active caravanner for many years,” he says proudly.But there’s a rather prominent detail missing from this epic tale of a love affair with mobile homes: “I had joined the Labour Party in 1979,” he declares. But he doesn’t mention being expelled from the party last year, nor has he appended any notes to the rolling slideshow of him shaking hands with various Labour figures.Still, once he’s sentenced, he’ll probably find he has a lot of time on his hands to make the relevant changes.BIKE-WAVEA report reaches The Capitalist that heavy doses of energy drinks such as Lucozade enabled 33 intrepid cyclists from Chartis Insurance to raise £50,000 for charity. The riders, drawn from all over the firm, came together to raise the cash for Brainwave, a charity that works with children who have disabilities and developmental problems. They charted the 280-mile route to arrive right under the Eiffel Tower, braving grazes, bruises and losing one colleague along the way who was unable to finish the course. The cash will keep the charity in rent and rates for a whole year – until the next bike-ride then.CITY SPECTRESSpare a thought today for the former denizens of the City, who this time 70 years ago were cowering in the tunnels of Bank station in an attempt to hide from the German Blitz.Lord Mayor Michael Bear laid a wreath at the Walbrook entrance to Bank Tube yesterday to commemorate the deaths of 111 people when a bomb struck the station. The hit left a crater so large that a temporary bridge had to be constructed over it in the wake of the War to allow traffic through the intersection.And two days after Bank was hit, 500 people died as bombs destroyed Guildhall, eight churches built by Sir Christopher Wren and numerous ancient Livery Halls. It’s enough to make you see ghosts wandering the streets during the lunch hour. Share KCS-content center_img whatsapp COULSON PRAYS FOR CHELSEA AS GREENBERG SIGNS ON FOR MURDOCH whatsapp Tags: NULLlast_img read more

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Citigroup in Madoff row

first_img Tags: NULL Show Comments ▼ KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Share CITIGROUP tried to pass on its exposure to Bernard Madoff to other banks just months before his epic fraud was revealed, the Madoff trustee said in a lawsuit accusing a second major US bank of unsavoury dealings with the financier.Trustee Irving Picard said red flags about Bernard L. Madoff Investment Securities were apparent to Citi as early as 2005, according to court papers. The lawsuit seeks $425m (£263m) from the bank.Citi said in a statement yesterday that the allegations in the lawsuit were false and it would “vigorously defend against these claims”.Madoff, now serving a 150-year sentence, was arrested in December 2008 after admitting he ran a decades-long, multibillion-dollar swindle.Picard also has sued JPMorgan Chase & Co, Madoff’s primary banker, for $6.4bn, alleging the bank turned a blind eye to Madoff’s scheme.Portions of both lawsuits were edited to conceal names. The lawsuit against Citi was filed on 8 December in US Bankruptcy Court in New York.It cited a September 2008 email by a Citigroup Global Markets trader to another bank saying: “We’re needing to terminate our Madoff trade. Do you have appetite for that risk over there?” Citigroup in Madoff row Tuesday 22 February 2011 9:21 pm whatsapp whatsapplast_img read more

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Partygaming moves closer to Bwin merger

first_img Partygaming moves closer to Bwin merger KCS-content More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Show Comments ▼ whatsapp ONLINE gaming company PartyGaming has moved closer to its agreed merger with Austrian rival Bwin, confirming that the tie-up is planned to complete on 31 March. The merger was formally entered into the Vienna companies’ register yesterday, in a filing by Bwin. The Austrian company’s shares will cease trading on 25 March in anticipation of completion, though approval is still pending from the Supreme Court in Gibraltar, where PartyGaming is headquartered.The new company, to be known as bwin.party digital entertainment, will also be based in Gibraltar, a popular location for online gaming companies due to its relaxed tax laws and well-regulated gambling system. Rumours of a merger between the two companies began in November last year, with final approval achieved at an extraordinary general meeting in Januray this year. Under the terms of the deal, bwin shareholders will receive 12.23 PartyGaming shares for each existing share. Shares in both companies fell slightly in yesterday’s trading, with PartyGaming closing 1.36 per cent down at 174.6p, and Bwin closing 2.04 per cent down at €24.45 (£21.28).CHARLES WILKINSONCO-HEAD?OF CORPORATE BROKINGCHARLES Wilkinson, co-head of corporate broking at Deutsche Bank, is advising PartyGaming on its merger with Bwin. Also working on the Deutsche Bank team is Mumtaz Naseem, who recently advised Reckitt Benckiser on its acquisition of condom maker SSL. Tim Lloyd-Hughes, who heads up coverage of the leisure sector in corporate finance at Deutsche Bank, is also working on the deal. Bwin is being advised by McQueen.?George Fleet, a managing director at the corporate finance advisory firm, is taking the lead for McQueen, which also advised on Bay Restaurant?Group’s sale of Ha Ha Bar & Grill to Mitchells & Butlers for £19.5m in September. McQueen also recently advised Wm Morrison on its acquisition of Simply?Fresh Foods in July. Fleet, who joined McQueen from Wasserstein Perella, was joined on the deal by Simon Croft-Baker, also a managing director at the firm. Croft-Baker joined McQueen in 2002, shortly after its launch. Previously, he worked in the UK M&A team at JPMorgan. David Crow center_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHealthyTed Health Magazine10 Surprising Benefits of Bananas You Possibly Didn’t Know AboutHealthyTed Health MagazineAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmForge of Empires – Free Online GameIf You Like to Play, this City-Building Game is a Must-Have. No Install.Forge of Empires – Free Online GameElvenarIf You Need to Kill Time on Your Computer, this Fantasy Game is a Must-Have. No Install.ElvenarAll Things Auto | Search AdsNew Acura’s Finally On SaleAll Things Auto | Search AdsPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryBest Selling Grills | Search AdsTraeger Blaze & American Grills On SaleBest Selling Grills | Search AdsSonoviaStoreThese Amazing Pillowcases Got It Just Right!SonoviaStore Tuesday 15 March 2011 8:36 pm whatsapp Sharelast_img read more

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Bosses split on pan-EU rules on governance

first_img Show Comments ▼ More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org 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 Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp EUROPEAN bosses are split on new EU corporate governance rules, with those on the continent more in favour of pan-European rules than in the UK. EU officials will formally ask for opinions on a corporate governance green paper today, but 64 per cent of UK executives are against the rules, compared to 65 per cent of European executives that are in favour. The survey, by law firm Allen & Overy, also found that 82 per cent of those polled are against compulsory quotas to appoint women to boards. KCS-content Bosses split on pan-EU rules on governance center_img whatsapp Monday 4 April 2011 8:25 pm Share Tags: NULLlast_img read more

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