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News updates from April 19: Israel launches retaliatory strikes against Iran; S&P 500 falls for third straight week
Donald Trump’s $175mn bond should be invalidated, New York attorney-general says
...New York’s attorney-general has urged a judge to invalidate a $175mn bond posted by Donald Trump to halt enforcement of a half-billion dollar fraud judgment against him and his businesses, arguing that it...
April 19, 2024
Donald Trump
Donald Trump’s $175mn bond should be invalidated, New York attorney-general says
...But the attorney-general’s office said it was only provided with a single screenshot of the account’s balance....
April 19, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Donald Trump
Donald Trump dealt series of setbacks in efforts to stop criminal cases
...However, on Thursday, the New York attorney-general raised concerns about the validity of the $175mn bond....
April 4, 2024
UK politics opinion polls
UK general election poll tracker
...The Financial Times’ UK poll tracker combines voting intention surveys published by major British pollsters ahead of the general election expected this year....
April 25, 2024
White collar crime
Ponzi scheme that tapped Harvard Business School network shut down
...New York attorney-general Letitia James said Thursday her office had secured the court order to freeze funds controlled by Vladimir Artamonov, after being alerted of the suicide of one of his clients who...
February 29, 2024
Letter
Letter: Did Trump meeting with Orbán breach Logan Act?
...Donald I Baker Assistant Attorney-General (1976-77), US Department of Justice, Washington, DC, US...
March 20, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthDonald Trump
Trump’s legal woes add new twist to Wall Street tower’s tangled story
...It was with barely concealed menace that Letitia James, the New York attorney-general, mentioned one of Donald Trump’s buildings after winning a nearly half-billion-dollar fraud judgment against the former...
March 12, 2024
ExplainerDonald Trump
Trump’s $464mn bond is due on Monday. What happens next?
...Meanwhile, the attorney-general has suggested a group of insurers could break up the bond into, say, five $100mn instruments to mitigate their risk....
March 25, 2024
Donald Trump
NY attorney-general rejects Donald Trump’s pleas for leniency over $464mn bond
...In a court filing on Wednesday, Dennis Fan, a lawyer for the attorney-general’s office, argued that the former president could piece together a series of smaller bonds, or use his real estate portfolio to...
March 20, 2024
News updates from January 5: US jobs market strengthens in December, Chinese shadow bank Zhongzhi files for bankruptcy
New York attorney-general seeks $370mn from Trump in fraud case
...The New York attorney-general has urged a judge to force Donald Trump and his businesses to pay $370mn for vastly inflating the value of his real estate empire in order to secure favourable loans, an increase...
January 5, 2024
Special ReportBusiness Legal Leaders
Post Office scandal exposes ethical dilemmas of general counsel
...In the coming months, the inquiry will hear testimony from several former general counsel at the Post Office, each of whom will give evidence against the backdrop of a debate about whether the role of an...
April 23, 2024
Donald Trump
New York attorney-general seeks $370mn from Donald Trump and his businesses
...The New York attorney-general has urged a judge to force Donald Trump and his businesses to pay $370mn for inflating the value of his real estate empire by billions of dollars over the course of a decade...
January 5, 2024
News updates from February 16: Russian opposition leader Alexei Navalny dies, Trump ordered to pay more than $350mn in New York fraud case
Starmer blames green investment U-turn on Tories’ ‘broken’ economy
...Labour’s Sir Keir Starmer has defended the party’s U-turn on its £28bn-a-year green investment target, saying he was forced to ditch the plan because the “Tories have broken the economy”....
February 16, 2024
Transcript
Transcript: Will Labour’s green U-turn weaken Starmer?
...Jim PickardThere have been an awful lot of U-turns....
February 9, 2024
Serious MoneyClaer Barrett
Banks need to wake up to powers of attorney demands
...Once the Office of the Public Guardian (OPG) grants approval, the powers of attorney document needs to be registered with every financial firm the donor (the person the attorneys are acting for) has an account...
February 21, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Donald Trump
Trump trial opens with allegations he tried to ‘corrupt’ 2016 US election
...Trump also faces a number of civil proceedings, and is appealing against a nearly half-billion dollar civil fraud judgment awarded to the New York attorney-general earlier this year....
April 22, 2024
Climate legislation
Republican states step up legal threats to Biden’s climate agenda
...But analysts say the reactions from some attorneys-general smack of political opportunism. Morrissey, a Republican, is campaigning to be West Virginia’s next governor....
April 12, 2024
Labour Party UK
Labour vows to be ‘laser-focused’ on net zero despite £28bn U-turn
...Starmer announced the U-turn this month after a drawn out period of internal arguments over whether the pledge, made in 2021 when borrowing rates were close to zero, was still affordable at a time of higher...
February 27, 2024
News in-depthCarvana
Carvana makes U-turn away from financial abyss
...Garcia vowed a high-speed U-turn. His company would slash costs and its heady ambitions for growth would take a back seat to proving efficiency....
March 21, 2024
Swiss politics
Swiss open first criminal probe over Russia sanctions ‘violations’
...attorney-general, said in a statement to the Financial Times....
March 12, 2024
News in-depthLabour Party UK
Labour’s political credibility questioned after green spending U-turn
...Starmer finally dismantled the plan on Thursday after the party had spent several months rowing back on its original commitment to spend £140bn during its first five years in office should it win the general...
February 9, 2024
UK public services
Stephen Parkinson appointed UK director of public prosecutions
...Attorney-general Victoria Prentis KC said Parkinson had had a “stellar” legal career, adding: “I have every confidence he will be a collaborative director and a principled and independent prosecutor.”...
September 14, 2023
Conservative Party UK
Can the economy rescue Britain’s Conservatives?
...University of Manchester’s Bailey said there remained a “general malaise” about the economy among voters, driven in part by the fact that lower inflation had not erased the impact of the surge in the cost...
April 10, 2024
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
Germany charges military officer with spying for Russia
...Thomas H, an employee in the equipment and information technology service of the Bundeswehr, is “suspected of having worked for a foreign secret service”, the attorney-general’s office said....
March 19, 2024
News updates from March 6: Nikki Haley ends White House run; NYCB to raise more than $1bn in deal lead by Steven Mnuchin’s firm
SoftBank-backed Digital Currency Group files to dismiss New York lawsuit
...DCG on Wednesday said the attorney-general was “in search of a headlineworthy scapegoat for losses caused by others”....
March 6, 2024

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