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Princeton University
Princeton endowment chief sees ‘worst ever’ private equity liquidity
...its aggressive bets on private equity, is facing the “worst ever environment” for liquidity in the asset class as a slump in dealmaking and public listings weighs on returns, according to its outgoing chief...
April 16, 2024
Boeing Co
Boeing chief must have engineering background, Emirates boss says
...The chief of Emirates, one of Boeing’s largest clients, has said the crisis-stricken US aircraft maker should ensure its new chief executive has engineering experience to restore safety standards....
March 26, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Tech start-ups
Arctic Wolf bides its time on IPO
...Chief executive Nick Schneider told the Financial Times that the Minnesota-based group, valued at $4.3bn in a 2021 funding round, wanted to see concrete signs of stabilising or falling interest rates and...
January 4, 2024
Abrdn Plc
Abrdn shareholders urged to reject pay report over new CFO’s £675,000 salary
...Abrdn’s shareholders have been urged by influential adviser Glass Lewis to vote against the asset manager’s pay report because of the incoming chief financial officer’s “significant” salary....
April 4, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...Pfizer paid for $789,495 of “additional security protection” for its chief executive Albert Bourla, citing “heightened security risks including threats made against our executives”....
April 21, 2024
EU defence
Poland sacks Nato-EU battlegroup chief over counter-intelligence issue
...Poland’s defence ministry said the probe was to look at “the personal security clearance” of Lieutenant General Jarosław Gromadziński and gather new information about him....
March 28, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Aerospace & Defence
European defence groups warn over reliance on Chinese cotton used in gunpowder
...Armin Papperger, chief executive of Rheinmetall, a leading ammunition producer, told the Financial Times that Europe relied on China for “more than 70 per cent” of its cotton linters....
April 8, 2024
EU defence
Saab chief warns against EU defence protectionism
...His comments echo those of Eric Beranger, chief executive of Europe’s missile defence champion MBDA, who recently told the FT the UK in particular should be considered part of “geographical Europe”....
April 21, 2024
FT Magazine
A personal history of America’s historian-in-chief
...Goodwin has mastered the art of embedding mountains of historical detail inside snappy narratives, a skill which has seen her dubbed “America’s historian-in-chief” and snagged her a Pulitzer Prize for her...
April 20, 2024
Woodside Energy Group
Woodside Energy chief defends climate plan ahead of shareholder vote
...Meg O’Neill, Woodside chief executive, told the Financial Times on Friday that it had discussed with shareholders its plans to navigate the energy transition over the past two years....
April 19, 2024
Artificial intelligence
The rise of the chief AI officer
...CAIOs oversee the deployment of AI and generative AI within an organisation: improving workforce efficiency, identifying new revenue streams, and mitigating ethical and security risks....
April 14, 2024
LexCorporate governance
Concentrated power at the top of businesses remains a red flag Premium content
...Fifty-four of the 100 largest US public companies do it, said BlackRock in rejecting a challenge concerning Larry Fink’s dual chair and chief executive roles....
April 19, 2024
Letter
Letter: Don’t inflate the powers of AI, it’s just a research tool
...Opinion, April 17) rightly points to a rising tide of anxiety among researchers on the successful use of AI....
April 22, 2024
Investments
Directors’ Deals: Chemring chief cashes in
...Though analysts expect earnings to pick up strongly from 2025, a couple of directors have decided to capitalise on recent gains — chief executive Michael Ord and legal director Sarah Ellard have sold £494,971...
April 5, 2024
News updates from April 17: UK inflation falls less than expected; Boeing engineer says safety concerns are ignored
Post Office chief cleared of misconduct after review
...Post Office chief executive officer Nick Read has been “exonerated of all the misconduct allegations” against him following an external investigation, according to the company, after a public spat with the...
April 17, 2024
FT Live
Future of Asset Management Asia
Optimising fund firm models for Asia’s ascent
Wednesday, 8 MayMarina View, #2 The Westin Singapore, SingaporeSingapore 018961, Singapore
Bank of England
Bank of England policymaker warns against cutting rates too soon
...The pound rose against the dollar after Huw Pill, the BoE’s chief economist, said that falls in headline inflation were not enough of a reason to ease policy, though he admitted a reduction in interest rates...
April 23, 2024
Metropolitan Police Service UK
Met police chief under pressure over handling of pro-Palestine protests in UK
...The Metropolitan Police chief Sir Mark Rowley was embroiled on Monday in a dispute over the treatment of an antisemitism campaigner as pressure mounted on the force over its handling of pro-Palestine protests...
April 22, 2024
Post Office Ltd
Post Office chief executive ‘exonerated’ of misconduct after review
...The investigation became public in February after Henry Staunton, chair of the Post Office between 2022 and 2024, told MPs that Read was the focus of a HR complaint that included allegations that the chief...
April 17, 2024
Israel-Hamas war
UN officials call for probe into reports of mass graves at Gaza hospitals
...UN human rights chief Volker Türk said he was horrified by the destruction at Nasser hospital in Khan Younis and al-Shifa hospital in Gaza City, and called for an independent probe into the deaths of the...
April 23, 2024
Technology sector
AI could kill off most call centres, says Tata Consultancy Services head
...K Krithivasan, TCS chief executive, told the Financial Times that while “we have not seen any job reduction” so far, wider adoption of generative AI among multinational clients would overhaul the kind of...
April 25, 2024
Shell PLC
Shell ‘massively undervalued’ in London, says former chief
...Bernard Looney, then chief executive of BP, called him on Sunday night to inform him that BP was leaving, van Beurden said. “In principle, [on] Sunday night, we had decided we should leave as well....
April 9, 2024
EU defence
Denmark fires defence chief over Red Sea failures
...“I have lost trust in the chief of defence,” said Troels Lund Poulsen, Denmark’s defence minister, who found out about the incident from a specialist military outlet, Olfi....
April 4, 2024
Global Economy
Global economy faces decade of weak growth, warns IMF chief
...In a swipe at the US, EU and China, the IMF chief called on countries to avoid industrial policies unless there was a genuine market failure....
April 11, 2024
Letter
Letter: Era of unsustainably low-cost capital is over
...James Sproule Chief Economist, Handelsbanken UK London E1, UK...
March 22, 2024
News in-depthPost Office scandal
Former judiciary chief warns on Post Office mass exoneration
...“For parliament to overturn convictions is a clear erosion of the separation of powers,” said Burnett, who stepped down as the lord chief justice of England and Wales in September....
April 5, 2024

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