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Baidu’s chief executive Robin Li zeroes in on generative AI to turn the business around
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Delaware has long been the go-to place for companies to incorporate. Can Elon Musk change that?
...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
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New group CEO Eddie Wu is now chief executive of cloud and online retail divisions in latest restructuring
...Typically, these are to either a) pay cash coupons; b) toggle to ‘pay’ bondholders with more debt claims, albeit with some additional penalty (even more debt claims); c) to PIK for a while then switch to...
Can Citigroup pull off its grand restructuring?
...Fogelberg joins from Kirkland & Ellis, where she was a partner and worked with C Street founder Jon Henes, a former Kirkland & Ellis partner....
...(c) 1 LOB (“Services”) = almost all of Citi’s market cap....
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A behind-the-scenes look at Hollywood’s latest finance movie
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...In percentage terms, c.35% of fund launches YTD have been ESG funds versus c.45% in both 2021 and 2022 making the decline in ESG fund launches versus all equity and fixed income funds in aggregate less stark...
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