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...In response to Glass Lewis, Abrdn said: “Jason provides significant experience as a CFO who has spent several years working in large public companies....
...Today is Friday, March 29th, and this is your FT News Briefing. [MUSIC PLAYING] FTX founder Sam Bankman-Fried got a big prison sentence. And British utility company Thames Water is in turmoil....
...Lewis pleaded guilty to fraud charges in January, following an investigation in which he was found to have passed on stock tips to friends, private pilots and a girlfriend....
...Lewis is also the founder of Tavistock Group, which owns assets ranging from investments in more than 200 companies to real estate, agriculture and artworks by Pablo Picasso, Henri Matisse and Lucian Freud...
...[MUSIC PLAYING] The European Union raided the offices of a Chinese company in Poland and the Netherlands....
...industry”, Judge Lewis Kaplan said....
...Net profits for bank and broker Nomura surged almost 670 per cent from a year earlier in its latest quarter, as Tokyo stocks eclipsed their 1980s bubble-era high and Japanese companies raced to raise funds...
...The new space, for which Cravath has signed a 20-year lease, includes an onsite café and “Barista Bar”, a “lactation suite” for mothers and common areas with panoramic views of Manhattan’s skyline and the...
...A 2019 OECD study found that between 2014 and 2018 at least two US companies received more money from a foreign government than from the US....
...The sentence handed down on Thursday by Judge Lewis Kaplan in Manhattan federal court caps the swift and dramatic downfall of a figure who was once one of the most prominent faces in the crypto industry....
...In a fiery letter to Judge Lewis Kaplan, who is due to pass sentence next week, John Ray said Bankman-Fried had run FTX “with hubris, arrogance, and a complete lack of respect for the basic norms of the...
...The government’s filings were replete with inculpatory quotes from Zhao, who has been one of the most high-profile and vocal leaders of a crypto company in recent years, courting politicians and celebrities...
...them, cornering them in hotel rooms and bathrooms....
...The 32-year-old, who was found guilty on seven counts of fraud and money laundering last year, knew his actions were wrong, and “knew it was criminal”, Judge Lewis Kaplan said at Thursday’s hearing in Manhattan...
...In 2023, Goldman finished eighth in the rankings of deal advisory work involving Japanese companies. Mochida did not respond to requests for comment....
...joe.miller@ft.com...
...Retail and a former John Lewis employee....
...A former John Lewis executive said: “Is he an executive or non-executive chair and what does that mean for Nish? That is the question he and the board need to answer....
...Tesco veteran Jason Tarry will replace Dame Sharon White as chair of John Lewis and Waitrose....
...The group, which runs John Lewis department stores and the supermarket chain Waitrose, hopes that allowing candidates to see interview questions in advance will help them to better prepare and to perform...
...Judge Lewis Kaplan’s evaluation will be a critical factor in determining whether the 32-year old Bankman-Fried spends a mere handful of years in prison, as his lawyers have suggested, or up to five decades...
...Joe Miller(Laughter) Hey, I shop there too. And the reason I’m short on Trader Joe’s is not because they charged me $2.29 for a cucumber the other day....
...“The exorbitant and punitive amount of the judgment . . . would make it impossible to secure and post a complete bond,” they wrote, adding: “In the absence of a stay . . . properties would likely need to...
...That was Leo Lewis and Kana Inagaki here in the Tokyo bureau of the FT, joining me for this discussion of Japan....
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