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Abrdn Plc
Abrdn shareholders urged to reject pay report over new CFO’s £675,000 salary
...He is already proving a valuable addition to the Board and management teams.”...
April 4, 2024
Executive Pay
Smith & Nephew investors urged to oppose ‘excessive’ pay rise for boss
...Institutional Shareholder Services, a proxy adviser, has recommended shareholders reject the plan at next month’s annual meeting, calling it “excessive”....
April 11, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 14 NovemberNatural History Museum, Cromwell Road, London, UK
News in-depthPwC
PwC Middle East partners to play key role in selection of UK boss
...Hinton started her career at mid-tier firm BDO before joining PwC in 2005. She was promoted to its executive board in 2016 as head of people....
April 14, 2024
Anjli Raval
Beware the rise of the everything adviser
...It follows a broader trend in professional services....
March 25, 2024
Artificial intelligence
The rise of the chief AI officer
...As boards grapple with the opportunity and risk of generative artificial intelligence, companies are leaning into a new role: the chief AI officer....
April 14, 2024
News in-depthAbrdn Plc
Abrdn cuts jobs, costs and investor confidence
...“It is abundantly clear that a change of leadership is required,” says Samuel Johar, chair of board advisory group Buchanan Harvey....
March 10, 2024
FT Live
Diversity in Finance Awards 2024
Celebrating diversity, inclusion and equality in the financial services sector.
Thursday, 20 June44 Grosvenor Square, London W1K 2HP, UK
Pilita Clark
It doesn’t pay to be a working-class professional
...The UK business of professional services firm KPMG revealed this in a groundbreaking analysis of the career paths of 16,500 of its partners and employees it published just over a year ago....
April 7, 2024
Deutsche Bank AG
Deutsche Bank cuts cash bonuses by up to 50% over Postbank IT fiasco
...But thousands of clients were locked out of their accounts and service centres were overwhelmed after 12mn clients and 50bn individual data sets were moved to a different IT system....
March 14, 2024
Special ReportFTfm: Exchange Traded Funds
Women continue to lead the way in the ETF industry
...Diversity is something Ross wishes he understood earlier in his career as he “probably would have built a better organisation”....
March 25, 2024
InterviewMary Perkins
Specsavers founder Mary Perkins: ‘I spent the weekend writing 500 birthday cards’
...She is a director and attends board meetings, but says she doesn’t “have a job title anymore”. She fills much of her time with a more unusual management task — writing greeting cards....
April 7, 2024
Artificial intelligence
Andreessen Horowitz raises $7.2bn and sets sights on AI start-ups
Silicon Valley venture capital group hauls in one of the largest funds since downturn in tech sector
April 16, 2024
KPMG International
KPMG fined $25mn over exam cheating scandal at firm’s Dutch arm
...“This is a KPMG issue, but it is not only a KPMG issue,” said Hanzo van Beusekom, AFM board member....
April 10, 2024
Stellantis
Stellantis chief’s pay package approved by investors despite dissent
...Institutional Shareholder Services had recommended investors vote against the package, saying it recognised Stellantis’s strong post-merger performance but the chief’s “pay is considered excessive even in...
April 16, 2024
Ocado Group PLC
Ocado investors urged to vote against proposed £14.8mn share award
...Meanwhile, Institutional Shareholder Services cited “material concerns” over its proposed remuneration structure....
April 5, 2024
Special ReportWomen in Business
Interview: Stefanie Drews on rethinking strategies for women in finance
...That would mean all companies agreeing to change hiring criteria, creating new, alternative career paths, and ensuring maternity leave does not hamper career progression....
March 8, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
UBS Group AG
UBS makes Ermotti best-paid European bank boss
...In a statement on Thursday, the UBS board said the pay award was in recognition of Ermotti’s “excellent performance in a defining year in UBS’s history and strong progress in delivering on integration priorities...
March 28, 2024
FT GlobetrotterThe hottest hotels in Madrid
Hip service: CoolRooms Palacio de Atocha
Contemporary meets classic in a boutique hotel that more than lives up to its name
March 11, 2024
Inside BusinessAnjli Raval
Why more CFOs are becoming CEOs
...For much of their career everything came down to the numbers....
March 14, 2024
Workplace diversity & equality
Biggest US law firms hired fewer diverse candidates amid DEI backlash
Data shows a decline in number of ethnic minorities hired last year as legal challenges to diversity schemes mounted
March 7, 2024
Banco Santander SA
Santander shareholders urged to vote against Botín pay package
...ISS said the board had tried to justify the increase in Botín’s pay by pointing to the group’s strong results and shareholder returns, as well as the need to stay competitive with rivals....
March 2, 2024
FT GlobetrotterCharting London’s museums
Sorted: a first-class ride through British postal history
...After buying a ticket in Freeling House, you cross Phoenix Place and descend via stairs or a lift to the underground cavern, formerly Mail Rail’s primary maintenance depot, and board a narrow-gauge train...
April 2, 2024
Metro Bank
Metro Bank’s Colombian billionaire owner takes board seat
...Gilinski’s appointment also comes in the midst of a wider management and board shake-up....
January 24, 2024
Jonathan Black
I’ve progressed fast at work — how do I go further?
...DB III Jonathan Black is director of the Careers Service at the University of Oxford. Do you have a question for him? Email: dear.jonathan@ft.com...
December 13, 2023
Special ReportFT High-Growth Companies Asia-Pacific
Japan’s start-up spirit awakens
...As a career path, it is increasingly viewed as “offering more stability and agency over one’s financial independence” than traditional companies, he notes....
April 3, 2024
Sexual misconduct allegations
MPs call for NDA ban in sexual harassment cases after probe of City culture
...However, the Financial Conduct Authority and Prudential Regulation Authority watchdogs should drop plans for new requirements for financial firms to report on their diversity data and set targets to improve...
March 8, 2024

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