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Signa Holding
Signa creditors push to oust management over property fire sale fears
...One large bank lender to Signa Development said the lack of communication from the company’s management had been “shocking”....
February 28, 2024
Greensill Capital
Lex Greensill sues UK government over ‘misuse of private information’
...According to the business department, taxpayers could be liable for £2mn in redundancy payments that were paid to staff of Greensill Capital’s management company by the National Insurance Fund....
March 5, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
UK housebuilding
UK sends Canary Wharf landlord first cladding bill under new powers
...The first-tier tribunal criticised a “complete lack of transparency with leaseholders regarding these commission payments” by the freehold owner and a management company, both Yianis Group subsidiaries....
March 28, 2024
McKinsey
McKinsey-led think-tank advised China on policy that fed US tensions
...In the US, it has made at least $450mn from work for the Department of Defense since 2008, a government database shows....
February 23, 2024
News in-depthAutomobiles
How VW and Toyota became the targets of an emboldened US union
...“The Alabama model for economic success is under attack,” wrote Alabama governor Kay Ivey on the state commerce department’s blog in January, calling car manufacturing one of Alabama’s “crown jewel industries...
April 4, 2024
Unions
VW workers in Tennessee vote to join union in win for US labour movement
...The Republican governors of Alabama, Georgia, Tennessee and Texas released a joint statement opposing the UAW on Tuesday, calling the union “special interests looking to come into our state and threaten...
April 20, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Climate legislation
Republican states step up legal threats to Biden’s climate agenda
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
April 12, 2024
Trade Secrets
Autoworkers of the world, unite! (Ish.) Premium content
...movement, which is historically weak and co-opted by management and government....
April 29, 2024
McKinsey
McKinsey faces US criminal investigation over opioid industry work
...Another McKinsey client, the now-bankrupt Endo International, said in a regulatory filing last month that the US attorney’s office for the western district of Virginia, which is part of the justice department...
April 24, 2024
Edward Luce
Democracy dies in Trumpian boredom
.../ From Donald I Baker, Assistant Attorney-General (1976-77), US Department of Justice, Washington, DC, US...
March 13, 2024
Toby Nangle
Have UK asset managers lost their way?
...But the mood among traditional asset management executives has hardly been celebratory of late given the gale of headwinds they face....
April 24, 2024
Inside BusinessSujeet Indap
Apollo back under scrutiny over expenses scandal
...Apollo’s accounts receivable department never knowingly, or as a matter of practice, improperly billed any Apollo-managed funds for expenses that should have been accounted for as management company expenses...
March 27, 2024
Letter
Letter: Whitehall is ill-prepared for the risks Britain faces
...James GinnsHead of Risk Management Policy, Centre for Long-Term ResilienceLondon SW1, UK...
March 18, 2024
UK agriculture
Limits placed on removal of land from food production in England
...The Department for Environment, Food and Rural Affairs said it had implemented the cap following feedback from the farming community....
March 25, 2024
Inside BusinessSam Jones
The decline of the luxury department store
...sam.jones@ft.com Letter in response to this column:Blame real estate owners for the woes of department stores / From Christopher Knee, Honorary Adviser, International Association of Department Stores, Paris...
February 2, 2024
FT Live
Future of Asset Management Asia
Optimising fund firm models for Asia’s ascent
Wednesday, 8 MayMarina View, #2 The Westin Singapore, SingaporeSingapore 018961, Singapore
InterviewThe CEO
‘Our management team is crisis-proof’: how a Ukrainian football club battled a decade of conflict
...“At all times, I try to have Champions League standards — in everything — HR, strategy, commercial, the IT department, our trading company that sells kits. Everything,” he said....
March 17, 2024
Camilla Cavendish
Employment law is a minefield for bosses and workers
...There are many examples of appalling exploitation and harassment — like that of the 59-year-old trainee at the Department of Work and Pensions, who rightly claimed for racial and age abuse....
April 19, 2024
Fashion
Remembering Ann Lowe, the unsung creator of Jackie Kennedy’s wedding dress
...It was so chic that a wealthy Tampa socialite, Josephine Lee, hired Lowe on the spot after seeing her at an Alabama department store in 1916....
September 4, 2023
Letter
Letter: Human resources is like a snake that eats its own tail
...While Stern makes valid points, there is a common conflation of HR as a practice (Human Resource Management or HRM), and HR as a department....
March 1, 2024
Trafigura
Trafigura finance chief and top director to exit in shake-up
...Trafigura last week pleaded guilty to US Department of Justice corruption charges related to the payment of bribes in Brazil to secure “secure improper advantages” on oil contracts between 2003 and 2014....
April 5, 2024
US politics & policy
Pentagon at war with football coach turned senator over abortion policy
...But this week it was left rudderless, courtesy of a lone Republican lawmaker from Alabama angered by the Pentagon’s efforts to protect abortion rights....
July 14, 2023
Due Diligence
Tiger Global readies for new private bets Premium content
...The closely watched fund invoked the wisdom of the recently retired University of Alabama American football coach Nick Saban, a repeat guest at its offices, to describe its zeitgeist....
March 1, 2024
News updates from March 4: US Supreme Court rules Trump can remain on Colorado ballot; aviation regulator finds compliance issues at Boeing
Macy’s shares surge 15% on raised buyout bid
...Arkhouse Management and Brigade Capital Management are now offering $24 a share, up from their initial offer of $21 a share. The new offer values the company’s equity at $6.6bn....
March 4, 2024
Post Office Ltd
Ex-Post Office chair accused of using ‘offensive’ term about job candidate
...Staunton in his statement said: “I was quoting a previous conversation that I had had when I was chair of another organisation in which a woman in a senior management role had said to me that she did not...
April 18, 2024
US-China trade dispute
US solar manufacturers in ‘dire situation’ as imports soar
...After the IRA’s passage, First Solar announced new factories in Alabama and Louisiana. “[China] does not want the US to have its own domestic industry . . ....
March 13, 2024

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