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...The banks declined to comment. IDS is working with Goldman Sachs, Bank of America and Barclays. The postal business remains regulated....
...RedBird IMI, which has been advised by investment bank Robey Warshaw, could hire another bank for the sale....
...Lloyds Banking Group pushed the Telegraph newspaper group into administration last year over unpaid debts by the Barclays of about £1.1bn, leaving the UK bank to conduct a sale of the right-leaning broadsheet...
...FulwellCain has teamed up with Sunderland City Council in an attempt to gain approval for the £450mn film studio on the banks of the river Wear....
...The council — which includes Fritz Alphonse Jean, a former central bank governor, former senate president Edgard Leblanc, and insurance businessman Laurent Saint-Cyr — will also wield limited presidential...
...Sonja Hutson Joe Daniels is the FT’s Andean correspondent. Thanks, Joe. Joe Daniels Thank you....
...And banks love their co-head structures....
...And, according to the economist Daniel Susskind, too few people understand it. In Growth: A Reckoning, he claims to help with all three....
...Cutting Edge Group (CEG), a music financier, publisher and record label based in London, has secured $500mn from a syndicate of four banks, led by US lender Fifth Third Bank and Northleaf Capital....
...said El Aissami and his co-conspirators were involved in an illegal scheme to directly manage shipments of crude in avoidance of US sanctions, without sending the payments through the country’s central bank...
...Peru’s attorney-general Juan Villena told a congressional committee on Tuesday that the investigation had widened to include a Cartier bracelet worth $56,000, as well as deposits into Boluarte’s bank account...
...Czech billionaire Daniel Křetínský has dropped plans to buy a unit of Atos, imperilling last-ditch efforts by the French IT company to avoid insolvency proceedings....
...Ecuadorean President Daniel Noboa is rushing to raise revenues as the country’s outbreak of drug-related violence threatens to spark an economic crisis in the Andean nation....
...Tuesday that El Aissami and his co-conspirators were involved in a scheme to directly manage shipments of crude as a way of avoiding US sanctions, without sending the payments through the country’s central bank...
...As part of its growth strategy, BBC Studios has also increased its debt facility with a consortium of commercial banks from £350mn in 2022 to £600mn this year, the FT can reveal, and has government permission...
...RedBird IMI last year struck a deal to buy the media group from Lloyds for about £600mn after the bank seized control from the Barclay family over unpaid debts....
...Inflation last year ran at 30 per cent, according to the central bank, and there are frequent power blackouts and shortages of food and medicine....
...Banks, schools and hospitals have been closed in the impoverished Caribbean nation....
...The UK bank said on Wednesday that it had returned to profit for the first time since 2018, with a pre-tax profit of £30.5mn in 2023, but chief executive Daniel Frumkin said he would “ensure the bank is...
...In a memo to staff on Monday, chief executive Daniel Ek said Spotify would cut about 17 per cent of its global workforce, about 1,500 people. Spotify employs more than 9,000 people worldwide....
...The auction of the Telegraph has been paused while Lloyds Bank negotiates a deal that would leave control of the British newspaper with an Abu Dhabi-backed investment group....
...It made heavy cuts last year, including a redundancy programme, and had to seek banks’ support....
...Therefore, it is not just his reputation or his bank account that are at stake. This time, Trump is at risk of losing his freedom....
...FulwellCain, which is part-owned by actor James Corden, is working with Sunderland City council to try to win approval for a £450mn film studio complex on the banks of the river Wear in north-east England...
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