Results tagged “Credit Suisse”
Bragging rights will be up for grabs later this month when the City Scrum touch rugby tournament returns.
Now in its third year, the touch rugby tournament at the Honourable Artillery Company ground on March 24 has become a firm fixture on the sporting calendar.
The creation of Canary Wharf has been a towering success but the benefits of the booming business district have not always been felt in neighbouring communities.
To bridge the gap the Isle of Dogs Community Foundation has spent 20 years providing funding for essential services on the Island.
Credit Suisse enjoyed a productive 2009, making a profit of 6.7billion Swiss francs last year.
The bank, which has its UK headquarters in Canary Wharf, has bounced back from a poor 2008, largely due to the strength of its private banking business and adopting a safer business model.
Credit Suisse is to up the basic salaries of around 15 per cent of its staff to make up for limits on bonuses.
Around 7,000 workers at the bank, which has its British headquarters in Cabot Square, will see the change to their compensation packages come into effect from January.

Credit Suisse has announced that investment bank CEO Paul Calello is being treated for a "sudden and unexpected illness".
The company confirmed Eric Varvel would take up the role on an interim basis, but that Mr Calello would be "as involved in the business as his course of treatment process will allow".
Credit Suisse overcame bad weather to bag bragging rights over five other financial institutions with victory in the latest Enduro Challenge.
The Tower to Tower event held over the August bank holiday weekend saw six teams battle it out in a triathlon relay race between London and Paris.
Banking bonuses are back on the agenda but some Wharf-based institutions are taking a different approach to recruiting and keeping the best talent.
Citigroup announced last month they would be increasing basic salaries for staff by 50 per cent to offset reduced bonuses.
Harlequins first team squad take a break from pursuing the game's big prizes when they coach teams in the City Scrum tournament tomorrow.
Quins players will coach 15 teams, including several from Canary Wharf, in the touch rugby tournament with skipper Will Skinner will coaching Credit Suisse.

The collapse of Lehman Brothers left many fearing their careers in banking were over.
But some saw it as an opportunity to follow a different dream. Trader Bisher Armanazi swapped his suit for strings as he emerged from the ruins of the Wall Street giant.

A former Canary Wharf business analyst is hoping to help clean up London’s streets with his very own three-wheeled electric car.
Al-Karim Versi's A-Kar is a city car or delivery vehicle which has a range of 70 miles and can travel at speeds of up to 35mph.
Sir Ian McKellen was guest of honour at an awards ceremony with a difference in Canary Wharf.
The venerable actor, who lives in Limehouse, attended the ceremony at Credit Suisse's Cabot Square headquarters honouring supporters of the Albert Kennedy Trust (AKT), a charity for homeless lesbian, bisexual and transgender people.

London City Airport’s owner is one of six groups which has lodged a bid for Gatwick.
The deadline for offers passed on Monday and saw Global Infrastructure Partners, which was founded by Credit Suisse and General Electric, finally make its move for the BAA airport.

Credit Suisse became the latest Canary Wharf bank to slash jobs when they announced 650 roles would go at its UK operations.
The Switzerland-based company made the announcement of cuts, which represents three per cent of its workforce, on Tuesday.

DOCKLANDS companies opened their doors to students last week to reassure the next generation that their prospects are still good despite the financial climate.
Businesses taking part in last Thursday’s event included London City Airport, Canary Wharf-based Credit Suisse and law firm Clifford Chance.

CREDIT Suisse has resisted a bail-out offer by raising private capital.

AMERICAN International Group has sold its shares in London City Airport.
The insurance giant, which was recently bailed out by the US government, agreed to sell to majority stakeholder Global Infrastructure Partners.

HE PERFORMED at gigs across the world – but convinced co-workers he spent his weekends browsing hardware stores.
That’s the strange tale of Honey Ryder guitarist Martyn Shone, who hid his secret life as a touring musician from colleagues at Wharf company Credit Suisse.
The 29-year-old consultant and project manager quit in January to devote himself to the folk-rock two-piece, which has just cracked the Top 40 with first single Numb.
An album is expected by October.
CREDIT Suisse has been slapped with a record fine after Canary Wharf traders deliberately mis-priced asset-backed securities they were holding.
The Cabot Square bank has been ordered to pay £5.6million by the Financial Services Authority for flaws in its systems and controls which led to a revenue write-down of around $2.65billion (£1.41billion) just a week after it released its financial results for 2007 early this year.
BUSINESSES in Canary Wharf have been urged to not let the credit crunch affect the prospects of Britain’s youth.
The warning came from John May, CEO of training group Career Academies UK during its annual forum at the Credit Suisse offices in North Colonnade last Thursday.
CANARY Wharf workers often feel they live life in the fast lane but one banker has taken it a step further.
Crispian Besley, head of Japanese Equity Sales at Credit Suisse, combines the day job with his hobby of racing vintage cars around some of the most famous tracks in Europe.
Last weekend he took his 1960 OSCA Maserati to Monaco where he challenged his rivals over 12 laps of the Principality’s legendary circuit. But hot weather meant the car didn’t perform well and Crispian finished 15th overall.














