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...CD&R and BC Partners declined to comment....
...Leahy said that in recent years CD&R had “never really been able to do a consumer deal”, adding: “They’ve all been retail deals and also we’ve never really done a leisure or consumer services deal.”...
...LinkedIn data from April said that members with C-suite titles grew by 11 per cent year on year....
...It seeks to prove lack of competition in markets in which Apple faces serious rivals and in which users are able to switch to different products and services....
...CD&R bought MFG for £500mn nearly a decade ago....
...Nunes, a former Republican congressman, named four equities market makers in his letter: Citadel Securities, Virtu, Jane Street and G1 Execution Services....
...Since the MD and VP titles are almost meaningless, you might think that global co-head is also either a vanity title or a piece of marketing. That’s not quite true....
...Bo Bardi framed it in slightly more esoteric terms – a quote that inspired the title of Isaac Julien’s film: “Linear time is a western invention; time is not linear, it is a marvellous entanglement where...
...they don’t understand how consumers shop today and they don’t understand the dynamics of a marketplace with no barriers to entry, constant influx of new competitors,” Joanne Crevoiserat, the company’s C.E.O...
...With just 1.2bn people having an income above $12K a year, Apple is valued on an EV per pop of c$2,300, which requires c$800pp of annual spend, on the global equity strategy team’s calculations. 4....
...Google has agreed to pay C$100mn a year into a fund to support news organisations in Canada as part of a deal with the government, ending a dispute that led it to threaten to cut links to news from its services...
...I’ve got another meeting with Wes Streeting and Peter Kyle about AI in the health service tomorrow. Feel like I am making headway....
...Hedge funds and asset managers can buy those instruments, and trade them in Macau — a place better known for casinos than financial services....
...“You could launch a brand new service [showing games] and be successful in season one.”...
...For 12 years until 2011, the firm — then known as RSM McGladrey — was part of the publicly listed tax preparer H&R Block. “It made us into a national firm, which was great....
...Over on mainFT, Christopher Grimes reports: Transparency on streaming services was a central issue during this year’s Hollywood strikes....
...In the attempt to appeal to as wide an audience as possible, too many title characters are becoming homogenised....
...(c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...Spending on R&D reached nearly 8 per cent of revenue last year, up from just over 2 per cent a decade ago....
...“I’m a big believer in the importance of financial services and Goldman Sachs is a great institution....
...the top 100 concurrent titles on Steam....
...Unlike Microsoft and Alphabet it has not rolled out new AI-enhanced services to customers this year....
...CD&R declined to comment....
...The title of a recent article in The Atlantic tells you pretty much all you need to know about the challenge it confronts: “Substack has a Nazi problem”....
...In its early days Citigroup styled itself as a “financial supermarket”, a one-stop shop for all kinds of banking services around the world. But that plan has backfired in recent years....
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