Hints and tips:
Related Special Reports
Mirae Asset’s $43bn subsidiary names Ryan O’Connor as chief executive
...The top three executives at some of China’s leading state-backed brokerages, including CSC Financial, Citic, China International Capital Corporation (CICC), Huatai Securities and Guotai Junan Securities,...
...Derek Bok, Harvard’s longest-serving living president, who ran the university from 1971 to 1991 and again from 2006 to 2007, told the Financial Times: “Letting in people because their parents are rich and...
...The financial industry association also declined to comment....
...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
Admonitions about staff trading in their employer’s shares may now need to be broadened
...Marc Rowan, the head of Apollo Global Management, separately led a campaign against the University of Pennsylvania, which sparked the resignation of Scott Bok, chair of the board of trustees....
...Alumni pressure helped trigger a shake-up leading to the resignation of Scott Bok as chair of the board of trustees, and the departure of Liz Magill as president after she struggled at a congressional hearing...
...Harvard has a 12-strong corporation and a broader board of 32 overseers. Board members sometimes come from a narrow range of fields and many do not have academic backgrounds....
...It was taken over in 2012 by Leucadia National Corporation, an oil-to-beef conglomerate, but the merged company pared back its other investments to focus solely on investment banking work....
...BlackRock said it had “paid all of its UK corporation tax, including the payment some time ago of all tax due in relation to this matter”, and that the “purpose of this hearing relates to the operation of...
...Under CVC’s ownership, Teneo has expanded into other areas through acquiring units carved out from larger corporations, including the purchase of the UK restructuring arm of Deloitte....
...“Investors basically invest at their own risk, but the financial firms will have to take responsibility for their acts if they neglected their duty of protecting customers,” said FSS governor Lee Bok-hyun...
...Only in the 1950s did it embark on its policy of low corporation tax, luring many foreign companies, from which it benefits so much today....
...Davie’s speech comes as the broadcaster contends with huge financial challenges as a result of a government-imposed two-year freeze in the licence fee, which is payable by all households who watch live TV...
...McKernan told the Financial Times he wants to monitor compliance with those “passivity letters” by asset managers....
...Bok’s day job at Greenhill would also become part of the controversy....
...Miles Celic, chief executive of financial services lobby group The CityUK, welcomed the announcements....
...KKR was also holding talks with large corporations and other private equity buyers about potential asset sales, they said....
...Such insurers tend to hold a higher proportion of illiquid assets, and the fund has urged national regulators to consider the risks to the wider financial sector....
...Scott Bok, the chair and chief executive of Greenhill & Co, is set to collect as much as $78mn in payouts as a result of the boutique bank’s $550mn sale to Japan’s Mizuho Financial Group....
...I am reading in the FT that Martin Gruenberg, chair of the US financial regulator, the Federal Deposit Insurance Corporation, has criticised the rescue of Credit Suisse (“Credit Suisse rescue deal was unhelpful...
...They also expect the corporations with which they interact as shareholders, consumers and employees to be equally proactive....
...In April the Enforcement Directorate, the country’s financial crimes agency, launched an investigation into the BBC....
...“I have a policy: there is no such thing as deal breakers,” Hayward told the Financial Times in an interview....
International Edition