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...This division, L&G Capital, announced in May its first US investment, committing $500mn to a partnership funding property in the life sciences and technology sectors....
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...Stuck in the past Barclays’ big reshuffling seems trivial compared with more pressing problems, writes the FT’s Patrick Jenkins, as its outdated business model threatens to undermine progress at the top....
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...patrick.jenkins@ft.com...
...“All of this is going to have an impact on banks’ P&L [profit and loss accounts] that is going to be non-trivial,” said one banking adviser....
...Also on the Art Basel rooms (June 19-26) will be a vast, four-part work by Kara Walker, “(Fons Americanus archive)” (2019, 245.1cm x 753.1cm), shown by Sikkema Jenkins gallery....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...Bernstein’s Inigo Fraser-Jenkins has done a note about index membership as part of his long-running “passive investing is worse than Marxism” series....
...One of the reasons may be an asymmetry of knowledge between the agencies and their users, the FT’s Patrick Jenkins writes....
...In case auditors were in any doubt after an excoriating review from the Competition and Markets Authority and a castigation of the regulator, the Financial Reporting Council, by L&G chairman John Kingman...
...L&G will provide the funding over the next decade to build subsidised homes for staff, accommodation for graduates and market properties in the notoriously unaffordable city....
...Nigel Wilson L&G It is now time for hardline Brexiters and hardline Remainers to stop being so self indulgent....
...Based on company commentary so far, we still believe potential COVID-19 claims (including BI) are a manageable P&L event for the sector, although the devil will be in the detail when it comes to BI policy...
...Actors relish it, and Hall has drawn stars such as Samuel L Jackson, Angela Bassett and David Harewood to the stage....
...All that dealmaking has turned Luxembourg-domiciled JAB into a challenger to consumer industry giants, such as Nestlé, Starbucks and even L'Oréal....
...Nigel Wilson L&G The UK is a knowledge based, mainly service led economy....
...Man Group: L’oeuf affair A copy of the Man Cooker (geddit?)...
...Places like l’Uzine are a sign of change....
...Two hundred years later Bernini, best known for his gravity-defying sculptures, devised scenarios that included “L’Inondazione”, a recreation of the flooding of the Tiber....
...The irony is that T&L’s (Euro-driven) shift of focus — out of the fattening sugar business and into trendy food technologies — has been smart....
...Nigel Wilson L&G The chancellor has stepped up. This is a positive Budget that is designed to deliver economic growth, productivity improvements and real wage increases....
...Apparemment, les root causes de cette disruption relate to l’impact de clearing vieux ranges and remerchandising nouveau ranges – affecting 25 per cent de space dans les store – le roll out d’un IT platform...
...Natura Cosméticos of Brazil – which last week finalised its purchase of the British high street chain from L’Oreal for an enterprise value of €1bn – has managed to lure none other than… an unnamed “British...
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