AT&T Executives

April 23, 2024

Lloyds Banking Group PLC

Lloyds Bank axes risk staff after executives complain they are a ‘blocker’

...Analysts at RBC estimate that the episode could end up costing it £2.5bn, more than any of its rivals....

April 10, 2024

FT Live

Finance Disrupted at TNW Conference

Shaking The Foundations Of Finance | Formerly Future of Finance

InterviewOil & Gas industry

Biden decision will ‘erode confidence’ in LNG industry, Shell CEO says

...Top oil industry executives have hit out at US President Joe Biden’s decision to pause approvals for new liquefied natural gas export terminals, with Shell’s CEO warning it will “erode confidence” in an...

February 4, 2024

PDD Holdings

Ex-workers at Temu owner PDD suffer surveillance and financial ruin over non-competes

...Chen Yi, a labour lawyer at SGLA Law Firm, said it was the legal minimum and that the threshold was originally intended to compensate high-earning executives “so even with just 30 per cent, their incomes...

March 11, 2024

Financial & markets regulation

Global bank executives hit out at US capital plans

...I don’t think what has happened [at Credit Suisse was] about [needing] more capital,” he added....

November 30, 2023

Gillian Tett

Regulators at last have oil-price fixing in their sights

...Now, however, at the age of 79, he is wondering if a third attack might finally — and unexpectedly — bear fruit....

May 9, 2024

FT Live

Financial Times @COP

FT Live events coinciding with COP

Equities

Global supply of equities shrinks at fastest pace in decades

...“You don’t have nearly as many companies going public because of the growth of private equity,” said David McGrath, chief equity strategist at Oakworth Capital Bank in Alabama....

April 5, 2024

FirstFT

FirstFT: Jamie Dimon reshuffles top executives at JPMorgan

...Here’s more on the executive changes at the bank that reported record profits last year....

January 26, 2024

Oil & Gas industry

Oil executives talk down rapid shift to green energy as profits boom

...But some renewable executives at the conference hit back at the fossil fuel narrative....

March 23, 2024

Susan Hawley

Senior executives must be held individually accountable

...The writer is executive director at Spotlight on Corruption After every corporate scandal, there are loud calls for senior heads on sticks....

February 11, 2024

Oil & Gas industry

Top commodities traders dismiss IPO route after bumper profits

...The fact is that we don’t have a capital need. So what would be the driver at the end of the day?” he added, at the FT’s Commodities Summit in Lausanne....

April 10, 2024

Thames Water

Thames Water chair ‘sorry’ over loan described as equity at parliamentary grilling

...“At the time, I hadn’t been through that information and wasn’t aware of the source of that finance.”...

December 12, 2023

Ericsson

Ericsson boosted by $14bn ‘open RAN’ deal with AT&T

...Analysts at Citi said the move was “a significant announcement, for Ericsson, AT&T, Nokia and the industry”....

December 5, 2023

News updates from December 5: Moody’s cuts China’s credit outlook, Germany’s Dax closes at record high

Ericsson shares boosted by $14bn ‘open-RAN’ deal with AT&T

...Shares in Ericsson climbed more than 9 per cent after US telecoms group AT&T announced a tie-up worth up to $14bn to roll out “open RAN” technology with the Swedish telecom equipment maker....

December 5, 2023

COP28

Big business mixes with geopolitics at expanded UN climate summit

...“I don’t think the private sector should say ‘we will stop insuring fossil fuels in 2035’. That’s for governments to determine.”...

December 4, 2023

FT Live

Accelerating the Energy Transition in Asia

Industrial strategies and policy drivers for sustainability

Letter

Letter: Stockholm market’s funding escalator

...Roger T Storm Chief Executive Officer, Euroclear Sweden, Stockholm, Sweden...

April 29, 2024

News in-depthT Rowe Price Group Inc

T Rowe Price chief says worst is over after heaviest ever year for outflows

...T Rowe is the sixth largest investor with a 2.3 per cent stake in the chipmaker valued at $1.2tn....

December 29, 2023

Special ReportWatches and Jewellery: May

Chaumet’s Charles Leung: ‘We don’t want to be stuck in the 18th century’

...So, in the early days of his career, the thought of becoming chief executive did not cross his mind. “I didn’t know it would be possible....

May 10, 2024

Chinese business & finance

Baidu executive tells staff: ‘I’m not your mum’

...“Employees will never feel at home at a company that doesn’t have even a little bit of warmth,” wrote one user on the social media platform Weibo, on which Qu’s comments are trending....

May 9, 2024

St James's Place PLC

Wealth manager St James’s Place defends ‘windfall’ payouts to executives

...SJP said on Wednesday it would not adjust the number of shares granted in 2020 because at the time it had already cut executives’ bonuses and had frozen the share price grants at their 2019 level....

November 15, 2023

Pilita Clark

COP’s love-hate relationship with business

...The critics weren’t talking about the fossil fuel groups that have been coming to COPs since the first one in 1995 and are here in force at COP28....

December 6, 2023

News updates from April 25: US economy grew less than expected in Q1; Microsoft and Alphabet beat Wall Street estimates

Former Post Office executive denies misleading courts over Horizon scandal

...“At the time I didn’t think so,” Van Den Bogerd said when asked whether she had given false statements in court....

April 25, 2024

News in-depthIndian business & finance

India bets on worker dormitories as Apple leads tech pivot from China

...“Affordability at scale is something where the state needs to step in rather than leaving it to market forces,” Vishnu Venugopalan, chief executive of Guidance Tamil Nadu, the state’s investment promotion...

December 12, 2023

Inside BusinessStephen Foley

Why don’t auditors find fraud?

...— to follow through on the professional scepticism that is supposed to be at the heart of the auditors’ creed....

May 6, 2024

Post Office scandal

Former Post Office executive denies misleading High Court

...“At the time I didn’t think so,” Van Den Bogerd said when asked whether she had given false statements in court. “I don’t actually remember receiving these emails . . ....

April 25, 2024

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