Hints and tips:
...“In any organisation when you have transition to a new leadership it’s complicated to have the old leaders hanging round,” observed the Sequoia LP....
...Abraaj last week called lenders to a meeting in Dubai, where it presented a plan, known as Project Compass, to restructure its $1bn debt....
...“The dirty little secret is that the GSEs largely work,” says Isaac Boltansky, director of policy research at Washington-based Compass Point Research....
...The decision is “undeniably a body blow for [Fannie and Freddie] shareholders, but this ruling does not constitute a knockout”, said Isaac Boltansky, analyst at Compass Point....
...Slater & Gordon were sold a pup, watch this space (FT Alphaville) Joseph S Blatter, President (suspended), FIFA: A four-decade stint as football’s moral compass was put into hiatus this year after Sepp...
...Sir Roy, who has served on the board of William Hill, stepped down as chairman of Compass in 2014....
...We’ve written about the feud between the European Commission and the new-ish fangled ESMA before....
...By way of example he touts the UK’s Compass, the largest support services group in its industry. Cheap valuation and low earnings acted like a financial trebuchet....
...The European Securities and Markets Authority (Esma) said the 2011 episode was the result of “control failures” within the credit rating agency’s organisation and that S&P had infringed European rules....
...This includes giving Esma the legal clout to mediate disputes between supervisors with binding decisions....
...(Wall Street Journal) European (lack of) writedowns questioned: Regulator Esma has questioned why big European companies had only written down 5 % of their goodwill assets since the beginning of 2011....
...(Financial Times, FT comment) COMMENT AND CURIOS - In case you missed it: the ESMA chief’s speech on bank loan forbearance and accounting. (ESMA) - Sydney’s sudden glut of empty office space....
...(Financial Times) Esma is probing the way that ratings agencies evaluate banks. Ratings agencies have been regulated by Esma in the EU since last year....
...Buy-out groups are set to be the main contenders to buy Selecta, which ACP has owned since 2007 when it acquired it from the UK’s Compass Group in a £772.5m deal....
...- Corporate: Ferexpo, Smiths Group, Compass Group....
...Have your sense of values, your compass and follow that....
...Other competitors include catering groups Sodexho of France and Compass of the UK, as well as Securitas, the Swedish security group....
...talks over £2bn Riverside takeover - How Crown Currency left victims penniless - JP Morgan revealed as behind LME copper swoop - British banks fight ‘poacher’s charter’ on bonuses - Compass...
...BBVA has faced recession in its main markets of Spain and Mexico as it also consolidated its U.S. business built on the $9 billion purchase of Compass Bancshares Inc. in 2007....
...Credit Suisse remained positive on Compass Group, up 0.7 per cent to 503p, after a meeting with management boosted confidence that the caterer could improve profit margins....
...- Corporate: National Express, Misys, Tesco, Colt Telecom, Capita, Carillion, PartyGaming, De La Rue, Carphone Warehouse, Shanks, SSL, Compass, Great Portland Estates, Kingfisher, Alterian, Close Brothers...
...As investors and credit officers confront this new risk-dispersed world, many are behaving as if they have lost their credit compass....
...Compass, the caterer, managed to defy the downward trend. Its shares rose 1.2 per cent to 330½p after being added to Credit Suisse’s “European Focus List” after Friday’s bullish trading update....
...In the UK, directors bought shares in companies including British Airways, British Land, Compass Group, Halifax Bank of Scotland, Liberty International, and Man Group....
...manufacturing companies, DLJ Merchant Banking Partners, the private equity investment arm of Credit Suisse, has taken on former Invensys chief executive Allen Yurko, who moves from private equity group Compass...
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