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News updates from March 4: US Supreme Court rules Trump can remain on Colorado ballot; aviation regulator finds compliance issues at Boeing
KPMG hit with £1.5mn fine for ‘serious failings’ in M&C Saatchi audit
...the FRC.The disclosure of accounting errors forced M&C Saatchi to adjust its headline profits before tax by £14mn and its statutory pre-tax profits by a total of £28.1mn for 2018 and previous years....
March 4, 2024
KPMG UK
KPMG fined £1.5mn over audit of M&C Saatchi
...Among the failings on the M&C Saatchi audit, the FRC said KPMG did not apply sufficient professional scepticism over a client payment that increased revenues by £1.2mn....
March 4, 2024
FT Live
Building a Personal Wealth Plan
Capitalising on market shifts and innovations in fintech
Thursday, 18 AprilDigital Conference
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Risers and fallers in Europe
...M&C Saatchi: Shares in the British marketing agency slipped 2.3 per cent after its full-year results showed a 2 per cent fall in revenues and a 10 per cent drop in profit before tax....
April 10, 2024
InterviewTheatre
Minority Report and the rise of sci-fi on stage
...“Like I’m some sort of god painting the universe, but really I’m much more a technician trying to go, ‘Goodness me, how are we going to do this?’ as David piles problems at my doorstep.”...
February 13, 2024
HTSI
Say it with clay
...“The point I’m trying to make is that a lot of people see young men of colour as future criminals.”...
January 12, 2024
Travel
Back to Georgia, where ‘a guest is a gift from God’
...I’m befriended by a local man, Serafim. When he hears that I’m a writer he takes me under his wing....
March 7, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
InterviewFashion
Designer Giles Deacon: ‘I never wanted a billion-dollar business’
...I’m going to use it in my own house.” While Deacon emerged from the capricious east London club scene of the 1990s, he was already “establishment”....
February 13, 2024
FT Alphaville
FTAV gift guide: C-suite edit
...A complex, strangely structured enterprise of multiple overlapping divisions that was built for a different era and held together by deceit, Boney M are available to book now....
November 17, 2023
FTX Trading Ltd
Law firm conflicts ‘permeated FTX’s bankruptcy’, professors allege
...The two academics focused on the 20 M&A and regulatory assignments that S&C worked on for FTX, for which it earned just under $10mn in the months leading up to the exchange’s November 2022 bankruptcy filing...
March 26, 2024
Due Diligence
Downfall of a star fund manager Premium content
...UBS has named Jeff Hinton as global co-head of M&A. He joined last year from Barclays as co-head of M&A for the Americas....
January 23, 2024
Leadership
It was Singaporean SWF supremacy at the FT Alphaville Pub Quiz — but how would you have done?
...A: TKO This British CEO has a fleet of private aircraft with the following tailcodes: M-OVIE, M-USIC, M-ISTY, M-INTY and M-CHEM. Who is he?...
April 10, 2024
FT Swamp Notes
Is global terror making a comeback? Premium content
...In that regard, I’m for publicly regulating efficient monopolies/national champions in a single industry that result from increasing returns to scale in manufacturing (Boeing) or network effects (search...
March 29, 2024
Transcript
Transcript: Why Russia was caught off guard
...I’m Sonja Hutson and here’s the news you need to start your day. [MUSIC PLAYING] The United Nations passed a resolution yesterday calling for an immediate ceasefire in Gaza....
March 26, 2024
Transcript
Transcript: Has ‘retirement’ had its day?
...Arthur C BrooksI’m a professor at Harvard University and a columnist at The Atlantic, where I write about the science of happiness....
December 19, 2023
Special ReportWatches and Jewellery: April
My Favourite Pieces: Gary Shteyngart’s healthy obsession with water resistance
...“I am very punctual, so if I’m even a little bit late I get very dysregulated,” he says. The experience encouraged him to buy more watches....
April 9, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
InterviewFashion
Giancarlo Giammetti: ‘We couldn’t launch Valentino today’
...I’m on Giancarlo Giammetti’s sofa in Knightsbridge, sitting beneath three vast Francis Bacons....
December 5, 2023
ETF HubLatest news on ETFs
SEC ‘caution’ extends Vanguard’s ETF share class monopoly
...Meanwhile, F/m Investments has filed to launch mutual fund share classes of its ETFs, bringing to seven the total filing for a multi-share class structure....
March 7, 2024
Corporate bonds
Could change of control covenants put a drag on M&A?
...$1.5bn to c.$1.2bn....
February 9, 2024
How To Host It
How to host an Easter banquet
...I’ll start it off in a hot oven around 220°C/425°F/gas mark 7 for 20 minutes to give it a nice golden exterior and then cook it slowly for about three more hours around 150°C/Fan 130°C; start checking after...
March 29, 2024
HTSI
Sci-fi books are taking off again
...Carol F Kessler’s Daring to Dream: Utopian Fiction by United States Women Before 1950 is a good reference point, as is Rebecca M Marrall’s Women of Color in Speculative Fiction: An Annotated Bibliography...
January 11, 2024
Watches & Jewellery
My Favourite Pieces: Suzanne Kalandjian’s fondness for statement watches
...“I’ll buy [a new one] because I love it . . . and then not change what I’m using. Eventually, maybe months or a year later, I get attached to the next one and will use that....
January 26, 2024
Live news updates from June 14: Fed signals more rate rises, Brussels hits Google with fresh charges
Ad agency M&C Saatchi warns of tough trading
...UK-based advertising agency M&C Saatchi has warned of challenging trading in the first half of the year, hitting business in particular in advertising and media in the past three months....
June 14, 2023
HTSIHTSI autumn property special
The brilliance of Brazilian modernism
...Some of his designs looked like cartoon characters – the witty lines of the Chifruda armchair always raise a smile. “When I create a piece,” he told me, “I’m my own client....
November 3, 2023
Container shipping
Container lines ‘struggling’ with port congestion and ship shortages
...“I’m not so much of the view that there’s a huge oversupply in the container shipping industry,” Nixon said....
February 20, 2024
M&C Saatchi PLC
M&C Saatchi warns of tough trading
...In April, M&C said that “for the first time, in a long time, we have a clear runway ahead of us”....
June 14, 2023

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