Terry Smith RSS feed

Tullett�s �robust� �302m

2009-11-13T08:18:47Z

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

Two houses for me, no jobs for you

2009-11-06T07:57:38Z

Collins Stewart back on track with �6.1m and hiring again

2009-08-11T06:42:58Z

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

City dealers �cash in� as Bank prints money

2009-08-04T12:17:24Z

City dealing rooms are making a mint from the Bank of England�s �125 billion quantitative easing programme, Tullett Prebon boss Terry Smith suggested

City chiefs urge caution over banking profits rally

2009-08-04T07:31:11Z

Banking heavyweights have urged caution over the jubilation at the run of strong profits from the sector

City Spy: Gloves off for BGC vs Tullett fight

2009-07-03T07:52:17Z

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

Tullett gets a boost from weak pound

2009-05-14T08:13:25Z

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

Bonus storm hits top Tory foe of fat cats

2009-05-12T08:21:18Z

Michael Fallon, the senior Conservative on the Treasury Select Committee, was facing a backlash after approving a multi-million-pound bonus to a top City executive

Battle of Britain hero finally given a place on plinth ... but only for six months

2009-05-08T07:34:05Z

A Battle of Britain war hero is to be honoured with a temporary statue on the fourth plinth after a dispute over the commitment to contemporary art in Trafalgar Square

Battle of Britain hero's statue 'too traditional for Trafalgar plinth'

2009-05-05T07:31:16Z

Plans for a statue of a Battle of Britain hero in Trafalgar Square are expected to be rejected because they are not "avant-garde" enough

Hawkpoint succeeds despite M&A drought

2009-05-01T06:35:03Z

Staff at takeover advisory boutique Hawkpoint are working flat out despite the collapse of the mergers and acquisitions market

Sir Fred critic �signed off a �4.5m City bonus�

2009-04-16T13:21:17Z

Michael Fallon, the Conservative deputy chairman of the Treasury select committee, risked accusations of hypocrisy as it emerged he has approved a huge payout to a leading financier

Intrigue and cash in broker poaching wars

2009-04-03T09:12:23Z

No profits, no bonuses, Terry Smith tells staff

2009-03-17T09:11:53Z

Top earners at City broker Collins �Stewart have had their bonuses held back and the rest of the staff have been told �to wake up and get real� about their bonus expectations

Terry Smith: Economic crisis could be as bad as 1870s

2009-03-10T08:43:36Z

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

Tullett Prebon and BGC in broker wars

2009-02-26T10:29:12Z

BGC's 'Brooklyn Bruiser' Amaitis to take a back seat

2008-11-06T09:34:26Z

One of the biggest bull elephants in the hypercharged world of interdealer broking is to stand down from day-to-day business

�9m restoration of Walpole's Gothic palace to start next month

2008-10-01T07:43:19Z

An �8.9 million restoration of one of London's most architecturally important buildings is to begin next month after years of fundraising

Bidder for Collins Stewart walks away

2008-09-25T12:44:28Z

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

Tullett and GFI tie-up plan is over

2008-09-10T09:27:43Z

Shares in Terry Smith's interdealer broking firm Tullett Prebon crashed 11 �p to 386 �p after plans for a �1.6billion merger with New York's rival GFI Group collapsed

Counting cost of sterling slide

2008-09-03T10:52:56Z

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.

Rudd stays loyal to Tories despite Dave and Boris

2008-08-19T08:40:38Z

Tel's new Essex pal is bound to cause stir in City

2008-08-15T09:29:56Z

Collins Stewart's profits crash 82% as listings fall off

2008-08-12T08:08:14Z

Stockbroker and investment bank today reported a fall in profits as stock market listings in London dried up

Tullett Prebon eyeing a GFI tie to challenge Icap

2008-08-05T07:59:56Z

Deal would give Terry Smith's arch-rival a run for its money as the world's biggest broker to the brokers

Class war in the City as rival brokers square up

2008-08-05T13:03:16Z

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

Crisis blow to smaller firms' AIM cash hopes

2008-05-19T10:26:18Z

The credit crunch is having a dire effect on smaller companies' plans to float or raise money on the Stock Exchange's Alternative Investment Market

Warning of financial meltdown as shares plunge

2008-03-17T15:05:51Z

President Bush today desperately sought to stop the global financial crisis spiralling out of control

Battle of Trafalgar Square

2008-03-07T11:42:12Z

RAF veterans call for statue of leader who saved Britain

Plinth 'should honour hero who led Battle of Britain'

2008-02-26T08:58:42Z

A City financier has launched a bid to have a permanent memorial to a Battle of Britain leader on the fourth plinth in Trafalgar Square