Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

CITY DIARY

Lucy Roberts
Thursday 15 June 1995 18:02 EDT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

It seems that Nikko Europe managed to recruit one of the most experienced fixed-income traders in the London market, Nick Berry, in the nick of time. When Nikko Europe's co-chairman, Michel de Carvalho, called to recruit him, Mr Berry, who has been running his own business for a year, was five minutes away from accepting a job offer from another bank.

Mr De Carvalho, who has known the former head of eurobond trading at NatWest Capital Markets for 10 years, is delighted that he is coming on board as MD and head of trading for the fixed income and money markets division. The sport-mad Mr De Carvalho could do with the help. He now has five children all under the age of 10, and tries to fit in at least 100 miles a week on his road bike.

In an effort to improve its public image following several years of dismal publicity, Yorkshire Water went to great expense to produce a corporate brochure with which to woo customers.

The plan, however, went awry after the brochures were sent out according to postal codes.

No one told the chairman, Sir Gordon Jones, that postcodes do not equate with the water boundaries. Some brochures ended up in Bishop Auckland, whose water is supplied by Northumbrian Water.

A spokesman was not saying how many brochures had ebbed into the wrong district, or how much they cost to produce, but at least 26,000 were sent out originally. Northumbrian customers were keeping quiet on whether they had also received the pounds 10 rebate intended for Yorkshire customers.

A little creativity can go a long way. The latest annual report of Ares- Serono, the Swiss-based biotechnology group and world-leader in the treatment for infertility, featured a musical theme complete with manuscript-like paper and a musical chip.

Open it up and you can experience Beethoven's Fur Elise. According to Christophe Lamps of Serono, the musical theme is intended to reflect "the restoration of harmony to the bodies cells".

Slightly odd, though, for a company that takes such pride in its research capability that it could not find a tune that better reflected what the company did. Mr Lamps said they had to settle for a tune "which was familiar to everyone. The musical chips are good, but you can't quite get a whole orchestra on one".

Excuses don't come much better than that offered by the man who wrote on his motor insurance claim form that the accident was caused by him waving to the man he ran over the previous week.

But Richard Coleman and Simon Sammels at Smith New Court have injected a light-hearted note into their most recent Bank Sector Bulletin by including some genuine excuses given to arrears departments by mortgage customers who have missed their repayments.

"I've just been on holiday in Barbados" and "I didn't like the house once I had bought it" come in as close favourites; topped only perhaps by "My bonus wasn't as big as I hoped."

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in