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...Bernard Looney’s 32-year career at BP dried up in a matter of days after the board received details of new allegations about relationships with staff that he failed to disclose....
...Person to watch Bernard Arnault, the chief executive of LVMH, is the most influential figure in the industry for a reason....
...I was not too surprised to read Kenza Bryan and Steven Bernard’s piece from Friday about scanty ice coverage over North America’s Great Lakes this winter....
...In today’s newsletter: New blood at a $366bn family business Citi’s journey into the Chinese market Adrian Binks’s oily media empire LVMH’s boardroom, a family affair French billionaire Bernard Arnault...
...A former New York Times reporter, perhaps best known for The Wizard of Lies, her bestselling book about fraudster Bernard Madoff, Henriques has produced a lively tale that pits committed reformers against...
...Among them are the family holding company of LVMH CEO Bernard Arnault and Norway’s sovereign wealth fund....
...The lead banks on the deal — Goldman Sachs, JPMorgan and Morgan Stanley — must have suspected the deal could trade poorly in the after-market....
...“The bottom line is that the world has clearly changed since Bernard took over as CEO.”...
...Bernard Looney, CEO of BP, said the group had made good progress on gender parity among its top 120 leaders by 2025 — “but we still have more work to hit the target and that’s why we’re teaming up with 25x25...
...Jay Gatsby, Albert Einstein, Frodo Baggins, John Pierpont Morgan, Michael Jordan, Bill Gates, Elon Musk, Mark Zuckerberg, Warren Buffett, Michael Milken, Bernard Madoff, Charles Ponzi — the list of people...
...Billions more to come, according to Morgan Stanley. Analysts there claim a supercomputer project at Tesla could add $10tn to the company’s total addressable market....
...But its cashmere-clad billionaire founder Bernard Arnault is still on the hunt and private equity firms are also circling. Some brands have managed to stave off takeovers....
...Tapestry wants to weave its way into European luxury America finally has its closest thing to Bernard Arnault’s LVMH and François-Henri Pinault’s Kering. Sort of....
...Hedge funds were “not bearish the right things” in Europe, said Bernard Ahkong, co-chief investment officer at UBS hedge fund unit O’Connor. It was “a higher interest rate playbook”....
...The ‘Czech sphinx’ prowling France for deals In the country home to Bernard Arnault and Françoise Bettencourt Meyers — ranked by Forbes as the world’s richest man and woman, respectively — another power...
...Morgan Stanley expects luxury spending to fall by low single digits both there and in Europe during 2023....
...In April, a blank cheque company created by LVMH chief executive Bernard Arnault and former UniCredit chief Jean Pierre Mustier to invest in European financial companies raised €500m in its Amsterdam listing...
...Arnault (FT) Crypto fugitive Do Kwon arrested in Montenegro, says interior minister (FT) NBA players had millions stolen by ex-Morgan Stanley investment adviser, prosecutors say (Bloomberg)...
...We were introduced by Morgan Stanley bankers in London, I told him the story of the house of Gucci, we shook hands and it was done,” De Sole says....
...Two scoops to start: First, Morgan Stanley has hit bankers with financial penalties running up to more than $1mn per employee for conducting official business on WhatsApp and other messaging platforms....
...Bernard Arnault’s luxury empire has rebounded from the pandemic, despite the continuing disruption in China....
...The group, owned by French billionaire Bernard Arnault, surfed a luxury boom in the US and China last year, which sent its shares sharply higher....
...Demand for the paper products that it makes for Ruinart, Loewe, Burberry and many other luxury houses (“[Bernard] Arnault has always understood the importance of the feel of packaging,” says Cropper of the...
...One thing to start: Morgan Stanley has disclosed that the US Securities and Exchange Commission has been examining the bank’s block trading business since 2019 and the Department of Justice recently joined...
...BP has appointed its chief supply chain officer Leigh-Ann Russell and former honorary consul of Norway in Germany Anja-Isabel Dotzenrath as members of Bernard Looney’s leadership team....
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