City firm Rowe & Maw has appointed Mark Henrick, formerly of McKennas, as a partner in its corporate finance team. Henrick who had been a partner in McKennas since 1992 has joined Rowe & Maw as a specialist in the transport sector. He will provide corporate and asset financing support for Rowe & Maw's aviation practice. His appointment follows the arrival of Christopher Causer, who recently joined Rowe & Maw from Lovell White Durrant as a specialist in private finance initiatives, and the internal promotion of five new partners from the corporate group. Rowe & Maw's senior partner Richard Powles said he will make more appointments in the coming months.
Call for law to stop building societies turning into banks
A former bank of England economist has called for new laws to prevent the UK’s few remaining building societies from being converted to banks. Rob Thomas, now a building society analyst for UBS, said the UK’s “treasured” mutually-owned building societies should be saved by laws to stop members enriching themselves on conversion to bank status. […]
