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Klarna AB
Klarna’s reclusive co-founder buys up shares using opaque structure
...Jacobsson co-founded the $6.7bn Swedish buy now, pay later pioneer Klarna in 2005 alongside the group’s current leader Siemiatkowski....
March 9, 2024
News in-depthEQT Partners AB
The Swedish kingmakers behind European private equity giant EQT
...Now EQT Partners, the group he co-founded with the Wallenbergs’ backing, has minted at least half a dozen billionaires, manages more than €230bn in assets, and in February raised €22bn for its latest flagship...
April 14, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
News in-depthSequoia Capital
How Klarna’s boardroom spat exposed a schism at Sequoia Capital
...Victor Jacobsson, a Klarna co-founder who has left the company but retains a sizeable shareholding and board influence, wanted to retain veto powers over certain company decisions, according to a person...
February 24, 2024
UBS Group AG
Activist Cevian places €1.2bn bet on UBS
...“This is the biggest opportunity in global financials,” Lars Förberg, Cevian’s co-founder, told the Financial Times....
December 19, 2023
Helsing
Defence tech start-up Helsing raises funds at €1.5bn valuation from Saab
...“We felt there was a big capability gap because defence was clearly becoming a software problem,” said Torsten Reil, Helsing’s co-chief executive....
September 14, 2023
John Thornhill
The Klarna drama reveals a governance gap
...When I interviewed Klarna’s co-founder and chief executive Sebastian Siemiatkowski in Stockholm last year, he spoke about Moritz with near-veneration....
February 29, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
ReviewFT Books Essay
Spy masters — the hidden lives of Ian Fleming and John le Carré
...He played a key role in deepening intelligence co-operation with the US. Judge Fleming as a poseur, or an utter “shit” (plenty did), but not as a pure fantasist....
October 12, 2023
ReviewNon-Fiction
A Day in the Life of Abed Salama — a story of Palestinian pain
...The politics of occupation and protest — especially choices about co-operation with Israeli authorities — either seal the bonds or widen the rifts of a kinship network within what remains, in some respects...
November 1, 2023
News in-depthGeely Automobile Holdings Co Ltd
Geely’s funding hopes clouded by Lotus share price collapse
Sustained fall would raise questions over future ability of ambitious Chinese automaker to tap public markets
March 11, 2024
Volvo Car AB
Volvo Cars to stop funding Polestar electric sports car business
Swedish carmaker looking to sell stake in spun-out group to its Chinese parent Geely
February 1, 2024
The Art Market
Arianna Huffington sells Françoise Gilot painting
...“It feels like a historic moment,” says co-founder Phoebe Saatchi Yates of the country’s participation....
February 15, 2024
HTSI
12 things to see, buy and eat in March
...Inès Cross 15 to 16 March, from £15; ladbrokehall.com BID The Pattie Boyd Collection at Christie’s This month Christie’s will offer a glimpse into the world of Pattie Boyd, the British model and photographer...
March 7, 2024
Due Diligence
Friends now, foes later: Sequoia’s drama at Klarna Premium content
...Job moves Rothschild & Co has opened a new office in Riyadh as it courts business in Saudi Arabia. It will be run by Nasser Al Issa, who will be the country head....
February 20, 2024
Batteries
Northvolt confirms $5bn debt financing round
...Peter Carlsson, Northvolt’s chief executive and co-founder, said: “This financing is a milestone for the European energy transition.”...
January 16, 2024
Volvo Car AB
Volvo shares sink after Geely cuts stake
Chinese group says commitment to Swedish carmaker remains ‘steadfast’
November 17, 2023
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Sequoia Capital
Sequoia looks to oust Moritz from Klarna in boardroom dispute
...The boardroom dispute adds to pressure on Klarna chief executive and co-founder Sebastian Siemiatkowski as the Swedish “buy now, pay later” pioneer prepares for a public listing, people with knowledge of...
February 17, 2024
Northvolt AB
Two die in separate accidents at Northvolt gigafactory in Sweden
...“This is a dark day,” said Peter Carlsson, Northvolt’s chief executive and co-founder....
December 15, 2023
HTSIHTSI holiday special 2023
It’s hot to be a Scot
...And the referendum debate ignited a “discussion around identity”, according to Hugo Macdonald, co-founder of Bard....
November 7, 2023
Electric vehicles
Scania to launch pay-per-use electric truck joint venture
...Trucks are responsible for more than two-thirds of European CO₂ emission caused by traffic....
November 8, 2023
Eric Adams
FBI seized New York mayor Eric Adams’s devices in corruption probe
...A lawyer for Adams’s campaign, Boyd Johnson, said that after learning of the federal investigation, “it was discovered that an individual had recently acted improperly”....
November 10, 2023
Energy Source
Unlocking the potential of superhot rocks Premium content
...“We need investment and we need people to get into this space,” Lauren Boyd, director of the geothermal technologies office at the US Department of Energy, told a room filled to the brim with members of...
March 21, 2024
Batteries
Northvolt in new sodium-ion battery breakthrough
...Peter Carlsson, Northvolt’s chief executive and co-founder, told the Financial Times that the new technology could be worth tens of billions of dollars as it opens up regions such as the Middle East, Africa...
November 21, 2023
News in-depthElectric vehicles
Chinese electric vehicle groups braced for wave of consolidation
...However, in July control of the company was handed over to a “temporary governance” working group, led by co-founder Fu and former Chinese central banker Zhu Xiaohua....
October 17, 2023
IPOs
Klarna studies ‘eventual IPO’ after first profit in 4 years
...But Sebastian Siemiatkowski, the co-founder and chief executive, said in August that Klarna was ready for an IPO whenever market conditions improved after establishing itself in the US, returning to profitability...
November 6, 2023
Letter
Letter: City looks to the chancellor to realise space ambition
...We are a leader in recognising the need for effective sustainability standards as exemplified by the ambitions of Astra Carta, a call to action to put sustainability at the heart of space activity...
November 8, 2023

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