Around the Web
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Retailers suffer in January 7 Feb 2012
Retails suffered their second worst start to the year since records began in 1995, a survey from the British Retail Consortium showed on Tuesday
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BP oil spill costs rise by more than £1 billion 7 Feb 2012
The estimated total cost of BP's Gulf of Mexico oil spill has risen by £1.1 billion in the group's fourth quarter results released on Tuesday
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Investor praises Jobs' legacy for Apple's strong performance 7 Feb 2012
The time to judge how well Apple's new management team is performing will be in two years' time, according to Saudi billionaire and Apple shareholder Prince Alwaleed bin Talal.
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Brit Insurance loses CFO to rival 7 Feb 2012
Richard Crump Hedge Funds Review THE CHIEF financial officer of Brit Insurance has resigned from the board to join Towergate Insurance as group finance director. Scott Egan will join Towergate, subject to FSA approval, from Brit Insurance where has been group CFO since January 2011. Until the appointment of a successor, Nigel Meyer, deputy CFO, will assume additional responsibilities supported by Anthony Usher, group financial controller, Brit said. Prior to his role at Brit...
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CSC crisis chief Carsten Lind joins Fujitsu 7 Feb 2012
Carsten Lind, the chief executive at the Danish division of CSC during a period of crisis, is moving to take a senior role at rival outsourcer Fujitsu.
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BoAML targets $1bn alternatives sell-off 7 Feb 2012
Bank of America Merrill Lynch has sold its stakes in Blackstone Group’s real estate fund
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Citigroup boosts financial sponsors team 7 Feb 2012
The team has grown by five people since last year as part of an ambitious expansion plan
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Testing times for Middle Eastern private equity firms 7 Feb 2012
Middle Eastern private equity firms are coming under increasing pressure to sell assets to show returns and pave the way for a new round of fundraising
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DC hires boosts buyout team 7 Feb 2012
The advisory firm has appointed an investment director from 3i as an executive director to its European financial sponsors group
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Goldman courts rivals for stake in trading tech group as spin-out looms 7 Feb 2012
The bank is preparing to spin off its electronic trading software group and has approached rivals to gauge their interest