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Monthly Archives: June 2015

Should we call time on human resource departments?

People who work in the dark arts of HR say they are a valuable asset for both management and staff, yet they still…

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Breaking news

'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster. 'Who's the biggest rock star in the world?': Daltrey and Townshend take dig at Kanye West. Dramatic new footage shows locals and hotel staff risk their lives to stop attack in Tunisia. Security tightened for Wimbledon tennis tournament following Tunisia attack. Heatwave predicted for Wimbledon with temperatures set to hit 33C Lord Janner will face trial over child abuse allegations. The 10 worst personality types in your workplace. Fracking plans rejected: Lancashire council throws out Cuadrilla proposal. DEUTSCHE BANK AG Henrik Aslaksen, the global head of mergers and acquisitions at Deutsche Bank, is to leave the bank, two sources familiar with the matter said on Monday. UBS GROUP AG The Swiss bank appointed Andrew Williamson head of client coverage and Matthew Rule head of investment products and services for Asia Pacific. M&G INVESTMENTS The asset management unit of Prudential Plc appointed Jeik Sohn its first investment specialist in…

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Breaking news

Cameron’s EU hopes crushed. Fierce clashes as Isis storms Kobani – five months after they were driven out in a 'victory' for US-led coalition. Shia LaBeouf injured during filming of American Honey. These are the 10 happiest countries in the world Violence in Paris as taxis take on Uber. Python found dead after swallowing a 14kg porcupine. Today's festivals are elitist, corporate and miles from alternative roots. BT asks to shut down traditional phone network. 30C heatwave expected across the UK. BARCLAYS PLC The bank's credit card arm, Barclaycard, appointed Curt Hess as interim chief executive of its U.S. unit. U.S. BANCORP U.S. Bank, the fifth-largest U.S. commercial bank, promoted Jenna Guenther to managing director of wealth strategy in its wealth management unit, Ascent Private Capital Management. AXA INVESTMENT MANAGERS The asset manager said it would merge its emerging markets and Asian fixed income teams to create a global emerging markets (GEM) fixed income team. NEW YORK LIFE INSURANCE CO The financial services company said…

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How Uber may change the way you work

As Uber has grown into one of the world’s most valuable start-ups, its ambitions seem un-limited Of all the ways that Uber could change the world, the most far-reaching could be closest at hand; your office. Uber and the app-driven labour market it represents, is at the centre of what could be a sea-change in work, and about how people think about their jobs. You may not intend becoming an Uber driver yourself, but the Uberization of work, could be coming your way soon.                  Just as Uber is doing for taxis, new technologies have the potential to chop up a broad array of traditional jobs into discrete tasks that can be assigned to people just when they’re  needed, with wages set by a dynamic measurement of supply and demand, and every worker’s performance constantly tracked, reviewed and subject to the sometimes harsh light of customer satisfaction. Uber and its ride-sharing competitors, including Lyft and Sidecar, are the boldest examples of this breed, which many in…

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Why US gun control is a sick joke

NO NEW laws restricting access to guns will be passed as a result of Wednesday’s racist shooting rampage, which left nine dead at the Emanuel African Methodist Episcopal Church in Charleston, South Carolina. Americans can be confident this is true for several reasons. For starters, Barack Obama more or less admitted it. Americans need to reckon with the fact that other advanced countries do not have to face this sort of mass violence, the president said in a sombre statement at the White House on Thursday. “It is in our power to do something about it. I say that recognising the politics in this town foreclose a lot of the avenues just now. But it would be wrong for us not to acknowledge it,” he said, with visible frustration. The president knows that if it were politically possible to pass new gun laws in Washington, it would have happened after the December 2012 massacre in Newtown, Connecticut. It is hard to imagine a tragedy more…

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Breaking news

European fund trade body elects Union's Schindler as president. Kuwait's The Securities House CEO to depart, replaced by Gatehouse chairman. U.S. investment bank JPMorgan has appointed Teresa Heitsenrether global head of custody and fund services as part of a reshuffle of its investor services department. Cameron set to hit working poor as he hits out at 'merry-go-round' of tax credits. J Crew executive 'fired for mocking staff online' just hours after he made them redundant. Oxford University tutors blast students who spout 'bloke down the pub waffle'. Diego Maradona 'to run for Fifa president in bid to replace Sepp Blatter'. New migrant rules will 'cause hospitals chaos' – and 'cost NHS thousands of nurses'. Want to lose weight? Drink red wine, claim researchers. Mother foiled boys' plot to bomb Parliament and Buckingham Palace. Burnham's claim to be a man of the people exposed. Britain's fattest man dies, weighing 65st.

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Breaking news

Stress expert says men cry more at work. Gunman prayed with victims 'for almost an hour' before massacre at South Carolina church. The new BBC technology that lets people change channel with their mind. Russia calls investigation into whether US moon landings happened. Trump denies 'paying actors' to cheer at announcement of presidential bid. British cyclist withdraws from tour after crashing into photographers while celebrating. Tube drivers overwhelmingly vote for 24-hour strike next month. Calling it a night: Goldman Sachs introduces curfews for interns. Cameron faces humiliating defeat over date of EU poll. Boris Johnson tells cab driver to 'f*** off and die'. Greeks admit they will default at the end of the month. Deutsche Bank to move 4,000 workers to Canary Wharf. LAZARD ASSET MANAGEMENT LLC The unit of investment bank Lazard Ltd hired Leopold Arminjon as a portfolio manager and analyst. BROOKS MACDONALD GROUP PLC The wealth management group appointed Ghislaine Perry as head of group marketing. MOMENTUM GLOBAL INVESTMENT MANAGEMENT LTD The…

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How to be a fudgeler

‘Fudgeling is an 18th-century word, which means ‘ pretending to work, when you are not really doing anything’, so slacking in the workplace has been going on forever. In Italy, there’s a phrase,’giacca civetta’, or ‘owl jacket’, to describe a jacket slung over a chair late at night, while its owner enjoys ‘la dolca vita’. Today, with work seemingly demanding more of us than ever, it is no surprise to witness the rise of extreme fudgelling. Academic, Erin Reid, recently spent time at an unnamed management consultancyIna recent study, the academic Erin Reid spent time at an unnamed US management consultancy that expects total employee devotion; responding to midnight emails, cancelling social arrangements to stay late, basically devoting one’s life to the company.  She discovered that 31% of men and 11% of women found ways to ‘pass’ as workaholics: they vanished from work without telling anyone, or made covert deals with colleagues so they could spend time with their families. And what happened? It worked.…

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Breaking news

Saudi Arabia carries out 100th execution this year and is on course for record high. Man accidentally enters World Series of Poker, wins tournament. 'Greece is swindling the world': EU nations raise tensions after talks on bail-out end in failure. 'Forrest Gump' completes 42 back-to-back marathons. 'Poshness test' is the new glass ceiling standing in the way of the working-class. Woman 'wins £37,000 damages' after she was strip-searched and left naked by Met police. Police in hour-long stand-off with garden ornament they thought was snake. Temporary NHS boss paid £47,000 a month quits. Macquarie Capital, the corporate advisory, principal investing and capital markets arm of Macquarie Group Ltd, said it appointed Michael Barrish and Jeff Abt as managing directors in its U.S. debt capital markets group. Societe Generale Corporate & Investment Banking, the investment banking arm of French bank Societe Generale, said it made four senior appointments in Paris.  

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The career ladder has fallen from beneath your feet. What to do?

  Back in the day you would join a company, possibly after leaving university, behave yourself, follow the company rules, be incrementally promoted…

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