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...But one of Europe’s biggest ever bank M&A deals was sealed at an IIEB meeting at the Brussels Hilton in 1997....
...“I’m not a fan of just unleashing inappropriate amounts of risk-taking,” Quinn added....
...“I’m sure we will adapt to that.” The EU still has the bonus cap in place, which was designed to discourage finance workers from taking excessive risks following the financial crisis....
...In her new role, McDonagh will be tasked with helping Universal Investment grow through M&A, with the group having acquired fund servicing businesses in Ireland and Luxembourg in recent years....
...Dale Woerner, a giant of a man — 6ft 6in and broad-set — has ribs on the mind....
...I’m Sonja Hutson, and here’s the news you need to start your day....
...Here to explain why is the FT’s European banking correspondent Owen Walker. Hi, Owen. Owen WalkerHey, how’s it going? Saffeya AhmedI’m good....
...The drought in M&A in 2022 and 2023 marked a sharp contrast with the previous year when a wave of monetary stimulus from central banks in response to the pandemic encouraged companies and private equity...
...Here’s more on the regions driving a nascent recovery in the M&A market....
...I’m not a gambling man. I sometimes play the EuroMillions, but that’s as far as it goes....
...Dale Vince, founder of UK green energy provider Ecotricity, gives the impression he is bucking the trend of media-managed business executives....
...I’m also unclear what is meant by “PR polish”. Does it mean no longer worrying about yours or your company’s reputation?...
...In the summer of 1985, Dale Vince found himself happily living in a variety of vehicles, among them an ambulance and a fire engine....
...Speaking at the Financial Times Global Banking Summit on Wednesday, Quinn said: “I’m not a fan of just unleashing inappropriate amounts of risk taking.”...
...With no other walkers on this stretch of the Dales Way, the lambs were more emboldened....
...Steve Geller, who was global head of M&A at Credit Suisse, now has the same role at Santander, while Tom Davidov, Santander’s global head of financial sponsors, previously had the same role for the Americas...
...I’m very much looking forward to checking it out. However you spend the long weekend, have a lovely one. We’re back on Tuesday....
...Being in a baby walker on a summer’s day at a caravan that my family used to own in Cushendall on the north-east coast of Ireland. Who was or still is your mentor?...
...When I’m working, I colour-coordinate with the set I’m making so that my clothes don’t bother me visually....
...“I’m pleasing no one,” he told the Financial Times after analysts asked whether he was being too bearish....
...It’s a myth that most homelessness is due to addiction, says Alicia Walker of the Centrepoint charity....
...“I accept that carbon border adjustment taxes are going to be a policy tool for the future, I’m just anxious that measures like that, and indeed measures against China, don’t provide a cloak for protectionism...
...I’m having a pewter moment in general right now — it’s my metal of choice and I’ve been stockpiling bashed old trays. Perhaps a newly made table made from melted pewter is my next step up....
...This was inspired by the performances of the experimental theatre group Taiwan Walker. “It’s all from my memories,” he says....
...I’m joined now by the FT’s European banking correspondent Owen Walker. Hey, Owen. Owen WalkerHey, how’s it going? Marc Filippino So Owen, break down that number for us, a $29bn gain....
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