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News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...Leqembi slowed cognitive decline by 27 per cent compared with the placebo group in a phase 3 trial....
April 22, 2024
Vanguard Group Inc
Vanguard says chief Tim Buckley will leave $9tn asset manager this year
...The Pennsylvania-based group, best known for its low-cost index funds and retirement plan offerings, also said it had elevated chief investment officer Greg Davis to an expanded role as president, effective...
March 1, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Brookfield Asset Management Inc
Brookfield buys Whitney Houston hits with music royalty investment
...The group has produced a biopic, to be released next month through Sony Pictures, and attached Houston’s name to perfume and cosmetics lines....
November 16, 2022
News in-depthWeight Watchers International Inc
WeightWatchers faces an era when weight loss comes in a syringe
...Two weeks after losing its most prominent brand ambassador, the weight-loss group lost another fifth of its value on reports its lenders were preparing for debt talks after S&P cut its credit rating to a...
April 9, 2024
Due Diligence
The junior banker behind Litquidity Premium content
...The entrepreneur behind this is Charles Li — whose career has included stints as a New York-based lawyer at Davis Polk & Wardwell, president of Merrill Lynch China, chair of JPMorgan China and most recently...
February 8, 2024
National Health Service
US tech group Palantir wins lucrative NHS data contract
...US data analytics group Palantir has secured an NHS England contract worth £330mn to develop a new patient data platform, the health service announced on Tuesday....
November 21, 2023
FT Live
Diversity in Finance Awards 2024
Celebrating diversity, inclusion and equality in the financial services sector.
Thursday, 20 June44 Grosvenor Square, London W1K 2HP, UK
Apple Inc
Apple boosts plans to bring generative AI to iPhones
...“One of the problems of an LLM is that the only way of experiencing the world is through text,” said Amanda Stent, director of the Davis Institute for AI at Colby College....
January 24, 2024
Scoreboard
Golf’s power balance resets Premium content
...This week, the tour approved a deal for a group of investors led by Liverpool FC and Boston Red Sox owner John Henry and his Fenway Sports Group to buy into the new entity....
February 3, 2024
UnhedgedRobert Armstrong
Why the economy shrugs at high rates Premium content
...But four economists at Vanguard — Joseph Davis, Ryan Zalla, Joana Rocha and Josh Hirt — argue in a recent paper that the neutral rate may be closer to 2 per cent....
July 10, 2023
Financial fraud
TSB hits out as social media fraud redress plan is dropped
...Stop Scams UK, a group backed by 21 big banks and telecoms groups including Meta, said developments fell short of a “single scams authority” proposed by industry and consumer groups....
May 4, 2023
Tennis
Men’s tennis tour in talks with Saudi wealth fund about joint investments
...US-headquartered ATP Tour Inc’s revenues have recovered since falling to a low of $93mn in 2020, a season disrupted by the coronavirus pandemic....
June 24, 2023
Passive Investing
Passive US funds poised to overtake active, ISS says
...Active fund’s share of the US market will fall from 53 per cent in 2022 to 44 per cent in five years, the research group, part of the Institutional Shareholder Services group, estimates....
January 25, 2023
Due Diligence
Greenhill and Lazard: investment banking pioneers at a crossroads Premium content
...Davis Polk has poached M&A partner Thomas Malone and finance partner David Penna from Latham & Watkins. They are based in New York and Washington, respectively....
May 23, 2023
News in-depthJapanese business & finance
Corporate Japan back in the hunt for US deals
...Letter in response to this article: Overseas M&A forms backbone of Japan Inc / From Kiminori Yamaguchi, Tokyo, Japan...
July 12, 2023
Legal services
In-house legal work: best practice case studies
...Robinhood O: 7; L: 7; I: 6; Total: 20 Since the fast-growing US financial services business set up a legal operations unit in 2020, Tami Davis has led the digitisation of managing outside counsel and consolidated...
December 6, 2022
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Due Diligence
A $43bn deal implodes Premium content
...UK telecoms group....
February 14, 2023
The Big Read
The teen mental health crisis: a reckoning for Big Tech
...[involves] many factors,” says Antigone Davis, Meta’s global head of safety....
March 26, 2023
News in-depthBerkshire Hathaway Inc
Berkshire jamboree highlights challenge facing Buffett’s successor
...Last year Berkshire added Chris Davis, a money manager and third-generation Berkshire shareholder, to its board. Buffett’s daughter Susan was also elected as a director....
May 1, 2022
Merck & Co Inc
Merck to buy Acceleron Pharma for $11.5bn
...It is the latest in a series of acquisitions of emerging companies by large pharma groups aiming to secure access to blockbuster drugs to boost future revenues....
September 30, 2021
News in-depthPharmaceuticals sector
Merck on deals hunt as patent cliff looms for top cancer drug
...Merck has filed 129 patents linked to Keytruda, which could extend the period of exclusivity to 2036 and beyond, according to research by the Initiative for Medicines, Access & Knowledge, a non-profit group...
October 6, 2021
News in-depthCovid-19 vaccines
US battles to sell parents on benefits of ‘kid-sized’ jabs for children
...“Anti-vaxxers have also manoeuvred themselves into political debates here, especially among conservative groups.”...
November 4, 2021
Due Diligence
The Tinder match that lit a multibillion-dollar brawl Premium content
...Davis Polk has hired Corey Goodman as a partner in its tax practice, based in New York. He joins from Cleary, Gottlieb, Steen & Hamilton....
November 3, 2021
Equities
Wall Street stocks climb further on strong corporate earnings
...Ad group Interpublic and telecom conglomerate Verizon also beat consensus estimates set by analysts....
July 21, 2021
Nasdaq Inc
SEC approves Nasdaq proposal aimed at diversifying boards
...Of Nasdaq groups with six or more board directors, 33 per cent currently have no representation from diverse or ethnic minority groups, according to data from ISS Corporate Solutions, a data provider for...
August 6, 2021
ReviewFilm
The Suicide Squad — more fun than last time but still with DC darkness
...It’s as if focus groups had been consulted to finesse the character mix here....
July 28, 2021

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