Hints and tips:
...Ashley was also questioned about text messages he deleted that Morgan Stanley argued might be relevant to the case....
...Mike Ashley’s retail group as a client....
...Mike Ashley’s Frasers Group has accused Morgan Stanley of “snobbery” over its decision to impose a $1bn margin call, claiming the bank’s move was driven partly by the entrepreneur’s humble beginnings....
...Yes, it is a liberty, but it is one that lends the work potency and passion, and, as a programme note from historian Ashley Douglas observes, is not entirely without precedent....
...Here, Frasers, a company Ashley founded and which owns budget retailer Sports Direct, alleges that Morgan Stanley has done the opposite....
...Frasers, the Sports Direct owner founded by Mike Ashley, sued Morgan Stanley in 2021 in London for allegedly acting in bad faith when it tried to force the retailer to close derivative positions it had entered...
...In today’s newsletter: Cisco’s $28bn Splunk takeover Private equity credit in Paris Mike Ashley, Archegos, and Morgan Stanley The big winner’s from Splunk’s sale Activist investor Starboard Value is...
...Former leadership consultant Ashley Goodall is so right that change isn’t the same as improvement, something reflected in the churn in Silicon Valley right now....
...News round-up Trump media company co-founders allege ‘stock grab’ in lawsuit (FT) Hedge fund manager Greg Coffey in talks to acquire EM boutique Emso (FT) Mike Ashley’s game of spoof over legal bill ‘...
...United Utilities: Shares in the British water supplier climbed 1.7 per cent after a rating upgrade from Morgan Stanley....
...Smart reads The toxic tycoon Mike Ashley, the retail tycoon behind Sports Direct, is suing Morgan Stanley over a $1bn trading row, The Sunday Times writes....
...In the past two weeks banking partners including JPMorgan, Goldman Sachs and Morgan Stanley have cut ties with the group. JPMorgan was both broker and custodian to the firm....
...The group’s banking partners, including Goldman Sachs, JPMorgan and Morgan Stanley, have severed ties with the firm....
...“I do think moral hazard is very real here,” says Morgan Ricks, a professor at Vanderbilt Law School, where he specialises in financial regulation....
...“The coming months may still be a struggle for retailers,” warned Ashley Webb, UK economist at Capital Economics....
...UK: Treasury committee takes evidence from Financial Conduct Authority chair Ashley Alder and chief executive Nikhil Rathi, following concerns about the City regulator’s supervision of Odey Asset Management...
...Ashley Webb, UK economist at Capital Economics, said that the BoE “will be increasingly concerned about the persistence of domestic inflationary pressures”....
...Bruna Skarica, UK economist at Morgan Stanley, said she thought the inflation figures were a game-changer with “stickiness in core goods [inflation], despite fairly lacklustre retail sales volumes”....
...Bankman-Fried’s bro from their Bahamas beachfront conference, Anthony Scaramucci, told Bloomberg: “Sam Bankman-Fried is the new John Pierpont Morgan — he is bailing out cryptocurrency markets the way the...
...News round-up A look inside the FT’s nonexistent anti-entrepreneurial war room (Alphaville) Sensitive Morgan Stanley devices were auctioned off online, finds SEC (FT) Sanjeev Gupta’s auditor quit after...
...Francisco Partners has hired Ashley Evans as a partner focusing on software investments. She was a managing director at Carlyle Group....
...Mike Ashley’s Frasers retail group doubled its expected write-off of property values and related assets, saying further Covid-19 related restrictions to trading looked “almost certain”....
...Steve Morgan, former chair of Redrow, one of the UK’s biggest housebuilders, gave £1.25m through Bridgemere UK PLC, his development and investment group....
...The fashion story, meanwhile, shot by Alasdair McLellan and styled by Benjamin Bruno, Jonathan’s long-term collaborator, captures the actress Simone Ashley in a skate park....
...Bankers — with Goldman Sachs and Morgan Stanley at the top of the league tables — clocked a record $460m advising Chinese companies on their New York IPOs in the first half of 2021....
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