Hints and tips:
...Boman, who was then chief executive of Handelsbanken, quit the IIEB on the eve of a three-day get-together his bank was co-hosting in protest at the group’s lack of transparency and the costs of hosting...
...UBS and Credit Suisse have combined their strategic insights groups following the Swiss lenders’ historic deal....
...Twenty-two groups signed non-disclosure agreements and 43 meetings were held in a three month sprint that was won by Silver Lake, which had quietly put the company in play at the end of 2022 and whose co-head...
...Crisis response mode A firm run by buyout veteran Thomas Lee has been thrust into the spotlight after its founder’s death was ruled a suicide, Bloomberg writes....
...Credit Saudi’s biggest shareholder is unbothered To most people, $1.5bn is a big number. Ammar Alkhudairy doesn’t see it that way. “We write cheques of that size frequently, I can assure you....
...It did so without appearing to contact the co-op at the heart of it. When the FT did just that, Eric Faidherbe, president of the workers’ co-op, said: “I’m involved in a bit of a crazy story here.”...
...Yet a growing cohort of investors don’t want the liquidation value of their holdings to be set by clattering market machinery....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
...appoints PKF Littlejohn to replace PwC as auditor (FT) Credit Suisse chief vows a ‘clean slate’ in 2021 (FT) Co-op Bank calls off sale talks with Cerberus (FT) Vestas invests €500m in new wind farm partnership...
...About $90bn was raised from disposing of UK chip designer Arm Holdings, some of its Alibaba position, much of its T-Mobile US holding, and a portion of its Japanese telecoms business....
...“Seriously, the second quarter of this year was a five-alarm fire. And if you’re looking at litigation and federal rules, I think the Hokey Pokey is what it’s all about . . ....
...Chrissy Carvalho, a spokesperson for MediaNews Group, Alden’s holding company for its media assets, says: “It’s a lot easier to make snippy anonymous comments than actually undertake the difficult task of...
...Banks appear to have passed the first test: a short but pronounced period of market mayhem and a co-ordinated drawdown of hundreds of billions of dollars of credit by corporations feeling the strain....
...There’s not much precedent to support the idea that Shina et al can walk away based on a MAC clause: WPP was forced against its will to buy Tempus in 2001, Guy Hands couldn’t scrap a bid for East Surrey...
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...Corp bonds QE has been done before (they hold £10bn) still a potential route if credit mkts do seize up down the line....
...Osmar Abib, who was co-head of oil and gas at Credit Suisse, has moved to become its chairman of global energy, as the bank responds to the industry’s transition away from fossil fuels and growing concerns...
...“It’s bad news for him now there is a second national player,” he said. “I find his argument frankly self-serving.”...
...Knighted in 2007, Sir Mike is also chairman of Great Ormond Street Hospital, Phoenix Global Resources and Majid AL Futtaim Holdings. He is also director at Worldpay and S&P Global....
..., the head of insurance group Anbang....
...Analysts at Credit Suisse predict that Samsung Electronics will split, with the operating business falling under a holding company which would in turn be controlled by the Lee family....
...These absurdist and ironic twists were all very well, I said to the V&A exhibition’s co-curators Catherine Flood and Gavin Grindon, but were they effective?...
...Statistical studies (see for example Gadea et al) confirm that there has been no significant break in the behaviour of volatility in the five year period since 2008, compared to that experienced during GM...
...Going back to Dylan Thomas last month around the time of the centenary of his birth, I was grateful for the reintroduction; however arbitrary the reason, I am richer for it....
...The prince insists his Rotana media group – a separate private venture in which News Corp owns a stake of about 20 per cent – will now make good money after taking years to break even....
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