Terry Smith, the City analyst-turned-broker-turnedfund manager, created waves a few months ago
with a considered and thought-provoking attack on companies buying their own shares... more
"Seeing a Rupert Murdoch publication whine about the meanness and editorial excess of other media companies is almost indescribably hilarious..."... more
Fund managers have been living well on the back of very little added value for far too long. The good news is that Terry Smith will shortly be arriving onto the scene... more
Terry Smith, one of the City’s most high-profile investment bankers, sells his entire £7.1 million stake of shares in stockbroker Collins Stewart... more
Not as many traders as feared will leave Britain following the top tax rate rise next month, says Terry Smith, the chief executive of broker Tullett Prebon... more
Terry Smith’s broking firm Tullett Prebon, which is fighting a High Court case accusing rival BGC Partners of trying to poach up to 90 London staff, said its business had been “robust” over the last four months ... more
Broking firm Collins Stewart swung back into the black in the first half of the year after losing more than £15 million last year and has started hiring senior staff again as its rivals struggle ... more
City dealing rooms are making a mint from the Bank of England’s £125 billion quantitative easing programme, Tullett Prebon boss Terry Smith suggested
... more
Roll up! Roll up! Monday sees the start of what could be a fascinating week in the High Court in the Strand. Case Number One, which may well take all of July, involves City giants Tullett Prebon (prop. Terry Smith) and BGC over alleged poaching of Tullett’s highly paid expert staff ... more
Broking house Tullett Prebon reported a 10% rise in revenues as it faced shareholders over the £4.5 million bonus paid to chief executive Terry Smith ... more
Chief executive of interdealer broker Tullett Prebon, Terry Smith has warned the current financial crisis could be as bad as the Long Depression of the 1870s... more
Stockbroking: City pugilist Terry Smith saw his second big deal in a fortnight fall apart as an unnamed bidder walked away from his £250 million broker and investment bank Collins Stewart... more
A couple of months ago, a pound was worth two dollars. Yesterday, it fell through $1.80. It would be no surprise to me to see it slide to $1.65 before Christmas. Even that, given the way markets work, needs not be the floor. ... more
One of the biggest class wars seen in the City broke out as working class East Ender Terry Smith set out his plans to rival Tory grandee Michael Spencer... more
Tonight:
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