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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
April 23, 2024
Gympass, Inc.
Corporate wellness start-up Gympass prepares for IPO with rebrand
...The group does not own or operate gyms itself, but allows members to use in-person sports facilities as well as digital offerings like online classes and personal trainers....
April 4, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Goldman Sachs Group
Goldman Sachs moves senior banker to Paris in post-Brexit revamp
...Paris has emerged as the biggest winner, with Wall Street banks such as JPMorgan and Bank of America choosing the French capital for their main post-Brexit European centre....
April 22, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Wellness is another growth area on social media that has attracted influencers who offer advice without any medical experience and are seeking to sell products or services....
April 23, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
April 23, 2024
Warner Bros Discovery, Inc
Warner Bros Discovery aims for global market with Europe launch of Max
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
March 21, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
Paramount Global
Skydance in exclusive merger talks with Paramount
...Ellison and Redstone — members of two of America’s wealthiest families — have been trying for months to reach a deal that would merge Paramount with Skydance....
April 3, 2024
Oil & Gas industry
World’s most indebted oil group hits out at critics
...Forecasting a “negative free cash flow over the forthcoming three years”, it warned that there would be a “likely shift in the [government’s] willingness to support the company’s full service of its debt...
April 18, 2024
Exchange traded funds
ETFs surge to dominant position in US model portfolios
...“There was a huge outflow from ESGU and into QUAL as a result of BlackRock changing their weighting,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
April 15, 2024
Pablo Escobar
‘Pablo Escobar’ cannot be registered as a trademark, EU court rules
...services....
April 17, 2024
Airlines
US airlines under fire for raising baggage fees again
...Trade group Airlines for America said that carriers “offer transparency and vast choice to consumers”, and that average domestic round-trip fares, including with ancillary fees added, were 14 per cent lower...
March 10, 2024
LexAmundi
Amundi heads west in bid to be Europe’s BlackRock Premium content
...Any up-and-coming pop star knows: it is tough to break America. A number of financial institutions have tried to crack the US over the years. Not many have succeeded....
April 18, 2024
Exchange traded funds
Investors poured $4tn into US ETFs over past decade
...Another factor driving the growth of ETFs is the active ETF boom, said Bryan Armour, director of passive strategies research for North America at Morningstar Research Services....
February 27, 2024
Jefferies Group Inc
Jefferies boss sells $65mn in stock to buy a customer’s yacht
...“I remain extremely bullish on Jefferies and fully committed to helping us continue to build the best independent, global and full-service investment banking firm.”...
April 24, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...group said in a filing earlier this year....
April 21, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Simon Edelsten
Where next for the Magnificent Seven?
...If these services prove as popular as hoped, a range of second-tier companies could also grow rapidly....
January 23, 2024
ETF HubLatest news on ETFs
European fund group warns of ‘systemic’ risk from US settlement reform
...The group, which represents the €28.5tn European investment industry, has asked major central banks, which jointly own the CLS currency settlement service, to implement urgent measures to address the risks...
March 14, 2024
Apple Inc
US accuses Apple of building smartphone market monopoly in antitrust case
...The landmark lawsuit filed on Thursday in federal court in New Jersey by the US Department of Justice, along with a bipartisan group of 16 state and district attorneys, accuses the group of imposing contractual...
March 21, 2024
LexCredit cards
Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
March 27, 2024
Due Diligence
The junior banker behind Litquidity Premium content
...Legal hammer Oil supermajor ExxonMobil’s case against two climate activist groups has grabbed the attention of corporate America, the FT reports....
February 8, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
March 25, 2024
Accounting & Consulting services
McKinsey and BCG warn staff face jail if they reveal Saudi work
...A Senate committee is investigating how Saudi Arabia is using “soft power” such as sports investments to extend its influence in the US, and lawmakers assailed the consulting groups for their work in the...
February 6, 2024
Tesla Inc
Winning lawyers in Musk pay dispute may make billions
Counsel for shareholders who challenged Tesla remuneration will submit request in coming weeks
January 31, 2024
Accountancy
Trump Media auditor has faced repeated criticism from regulators
...newly listed social media group could run out of money within a year....
April 6, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
April 18, 2024

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