News archive 2005-2007

Quick fixers with lasting value, by Alison Maitland
The Financial Times, July 31, 2007

Alison Maitland examines the nature of working at executive level in interim roles. The ability to analyze a situation quickly and come up with a game plan in the first week are key. In addition, dealing with nervous and unresponsive colleagues is a key challenge. Value must be demonstrated through quick successes, which means taking some risks. Managing your exit is also essential, and can start almost as soon as the interim manager arrives. Sapphire Partners candidate Sophie Castell explains, “It’s about transferring knowledge and skills. I see part of my job as making myself ultimately redundant.”

Dagens Nyheter
July 5, 2007

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FT ‘An economic imperative for banks’ by Joanna Chung
The Financial Times, May 19, 2007

Joanna Chung looks at why banks are now holding special events for women returners in response to growing competition in the fast-expanding and rarefied corners of finance, such as credit derivatives and structured finance. She quotes Bill Winters, co-head of JPMorgan’s investment bank as saying, “We reasoned that if we are going to continue to be successful as a firm, we need to reach further and deeper to find talent … and sometimes go beyond the traditional hiring patterns.” Sapphire Partners candidate Betsy Abdallah is quoted as saying, “Bringing women back is good for diversity at banks but have no doubt that first and foremost, it makes commercial sense.”

The Guardian
April 23, 2007

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Wellesley Article
Winter 2007

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The Spectator Business article
November 2006

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Coutts article
September 2006

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International Herald Tribune article
June 2006

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Women In Banking and Finance article
June 2006

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City AM article by Carole Stone
January 2006

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Bramdiva article for WealthNet by Nicola Horlick
November 2005

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FT Magazine ‘When push comes to shove’ by Alison Maitland
The Financial Times, 15 October 2005

This article takes a detailed look at the possibilities for working flexibly given the “macho, long hours culture of investment banking”. There is a “hidden brain drain” taking place that Sapphire Partners co-founder Kate Grussing has decided to capitalise on. With an enviable background in Financial Services including being COO of J.P. Morgan’s European equity business, Grussing decided to step off the corporate ladder and start up her own business. She found her inspiration for the new venture at the gates of her children’s school. “…she got to talking to the other mothers. Among them she found tax lawyers, bankers and accountants, all of whom had given up their jobs.”