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...Additional reporting by Robert Smith...
Suit in London’s High Court seeking claims over debts tied to a company owned by industrialist Sanjeev Gupta
...Credit Suisse staff are preparing to sue the Swiss financial regulator over $400mn of bonuses that were cancelled following the bank’s rescue by UBS....
...It is the ancient uncomfortably pushing against the modern that fascinates Smith. Unlike many pilgrims, Smith (who sometimes writes for the FT) doesn’t set out for spiritual reasons....
Lloyd’s of London among those hit by lawsuit in High Court
Also in today’s newsletter, signs of further economic trouble in China and an alleged Ponzi scheme run by a Harvard MBA
...Microsoft’s president Brad Smith told the Financial Times this week that while the companies were “very important partners”, “Microsoft does not control OpenAI”....
...“Sue pays close attention to how teams work and relationships are built,” he said....
...Opinion: The excitement over Reddit’s IPO has diverted attention from an important issue that could have greater ramifications for capital markets, writes Caroline Escott, chair of the Investor Coalition...
FTX founder seeks payout from CNA as trial gets under way in New York
...Smith had “a visceral reaction” to the possibility of working with Frasers and subsequently ensured the relationship was terminated, according to Frasers’ written submissions....
...The head of Norway’s $1.5tn oil fund has slammed ExxonMobil’s decision to sue two shareholders over a climate proposal, pursuing the litigation even after they dropped the resolution....
...“There are lots of good reasons why companies would want to come to the UK, but we can’t take it for granted that if we build it, they will come,” said Caroline Wagstaff, London Market Group’s chief executive...
Also in today’s newsletter, Russia blocks billions of dollars in western profits and California sues Big Oil
...Artworks include those by Tacita Dean and Paul Smith, but identities will be revealed only once sales have been finalised....
...He became the fourth member of Bankman-Fried’s inner circle to reach a deal with prosecutors, after Gary Wang, Caroline Ellison and Nishad Singh entered guilty pleas....
...One of those acres is home to Tom and Sue Stuart-Smith’s remarkable not-for-profit enterprise to cultivate good mental health, community and a “plant library”....
Also in today’s newsletter, FTX sues founder Sam Bankman-Fried and cinemas look to cash in on ‘Barbenheimer’
...Among the alleged beneficiaries of the transactions described in the lawsuit are Caroline Ellison, the former head of FTX’s trading arm Alameda Research....
...Caroline Ellison, the star witness in the trial against Sam Bankman-Fried, said the FTX founder had directed her and her ex-colleagues to steal roughly $10bn of customer deposits....
...Caroline Criado Perez, ‘Invisible Women: Exposing Data Bias in a World Designed for Men’ (2019) Favourite: Who Cooked Adam Smith’s Dinner?: A Story About Women and Economics by Katrine Marçal....
...In today’s newsletter: FTX on trial Jes Staley’s Epstein reckoning Apollo agrees a UK deal Caroline Ellison vs SBF Never mix business with pleasure, as the adage goes....
...He had not only to be Kinnock, Smith and Blair, but Michael Foot too....
...that the suggested reforms to the listing rules would result in weaker investor protection and could harm the UK’s reputation as a market with high corporate governance standards,” said signatory Carine Smith...
...Carine Smith Ihenacho, the fund’s chief governance and compliance officer, said: “We are concerned with anything that takes away shareholder rights . . ....
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