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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
News in-depthArtificial intelligence
Chaotic departure of StabilityAI chief raises doubts over start-up’s future
...The new chief will have the job of achieving the company’s first profit....
March 30, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
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
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
Artificial intelligence
The rise of the chief AI officer
...It is one of several positions to have increased in demand: chief revenue and chief growth officers have also grown popular in recent years. But not all senior roles stick around....
April 14, 2024
Live news: Tesla asks shareholders to approve move to Texas and ratify Musk’s pay
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
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
ReviewArts
Hit podcast Serial returns with stories from Guantánamo Bay — review
...But nine years on, many of those now ex-employees, among them guards, chaplains, translators and interrogators, are ready to talk, as are several former detainees....
April 1, 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
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
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
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
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
Live news: US housing starts fall to 7-month low
Dr Martens chief to step aside as bootmaker warns of another challenging year ahead
...British bootmaker Dr Martens said chief executive Kenny Wilson will step down at the end of the year, as the company warned investors it expected double-digit revenue declines in the US in 2025....
April 16, 2024
Letter
Letter: Era of unsustainably low-cost capital is over
...James Sproule Chief Economist, Handelsbanken UK London E1, UK...
March 22, 2024
Letter
Letter: Consulting is one of Britain’s export successes
...Our sector is one of the UK’s success stories, exporting record services all over the globe Tamzen Isacsson Chief Executive, Management Consultancies AssociationLondon EC3, UK...
March 20, 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
War in Ukraine
Lagarde says US plan to raise debt against Russian assets carries legal risk
...The head of the ECB, which last year raised concerns about how confiscating the assets could effect international usage of the euro, said there was “a huge asymmetry” in the location of the assets, with...
April 18, 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
Letter
Letter: Troubles-era commission offers point of clarification
...under articles 2 and 3 of the ECHR....
March 4, 2024
Climate change
Record ocean warming adds to dangers for native fish species, environment chief warns
...Unprecedented warming of the oceans over the past year has widened the repercussions for marine life, including already dwindling native fish species such as Baltic Sea cod, an EU environment chief has warned...
April 18, 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
South Africa
Ex-Steinhoff chief executive Markus Jooste dies of gunshot wound
...Former Steinhoff boss Markus Jooste, who was at the heart of South Africa’s largest corporate fraud, has died of a gunshot wound, according to people with knowledge of the matter....
March 21, 2024
UK immigration
Home secretary sacks UK’s chief inspector of borders
...Home secretary James Cleverly took the unprecedented step on Tuesday of sacking the UK’s chief inspector of borders and immigration following a string of press interviews that were highly critical of the...
February 20, 2024
EU defence
Poland sacks Nato-EU battlegroup chief over counter-intelligence issue
...Poland has appointed Lieutenant General Piotr Błazeusz as a replacement chief for Eurocorps. “Everything is being done in accordance with procedures,” the minister said....
March 28, 2024
Letter
Letter: A defence of actively managed mutual funds
...Karen Barr President and Chief Executive, Investment Adviser Association Washington, DC, US...
March 22, 2024
InterviewIPOs
Banker to British mid-caps warns of bleak outlook for London market
...Peel Hunt chief executive Steven Fine told the FT that there was no sign of a revival in London’s moribund market for initial public offerings....
April 5, 2024

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