Hints and tips:
...New Balance chair Jim Davis gave $2.5mn, private investment banker Warren Stephens and venture capitalist Tim Draper each gave more than $2mn, and Jane Street co-founder Rob Granieri contributed $1mn....
...They have been replaced with value investors, including money managers Christopher Davis and Wally Weitz....
...Warburg Pincus also has telecoms expertise in the form of former Deutsche Telekom chief executive René Obermann, the firm’s co-head of Europe....
...“The backstop [provided by the insurance sector to the world] will fail,” is what Robinson told staff at Swiss Re, one of the world’s biggest providers of cover for insurance groups....
...Insurance head Gilles Dellaert will lead the combined unit while credit boss Dwight Scott will become chair....
...PFL founder Donn Davis says he wants the competition to be the “global co-leader in MMA”, in a warning to Ultimate Fighting Championship. Sure enough, the impact has been felt by the market leader....
...Fortress Investment Group managing partners Drew McKnight and Joshua Pack will replace co-founders Pete Briger and Wes Edens as co-CEOs of the firm following its sale by SoftBank to Mubadala Capital and...
...In this version of London, Soho House members club has turned Richard Rogers’ former Lloyds Insurance building into a multistorey, 24-hour nightclub....
...There are historic precedents for co-operative industry solutions brokered or strongly encouraged by the government....
...She writes: “When a co-worker idly asks if you ‘had a fun summer’ or “enjoyed the long weekend,’ you may feel a tug of awareness that you have no idea what they mean by that.”...
...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...
...As the summer wore on, Black discussed Ganieva’s demands with a private investigator from Nardello & Co, and with Epstein....
...Discussions included the reversal of Roe v Wade, there was a talk on stress and gut health and a sound bath was held. There was also yoga, snorkelling and a shamanic blessing....
...Risky Business: Why Insurance Markets Fail and What to Do About Itby Liran Einav, Amy Finkelstein and Ray Fisman, Yale University Press £25 Sellers of insurance want to select the customers least likely...
...As always you can reach me at sid.v@ft.com....
...As ever, drop me a note at sid.v@ft.com if you’ve got thoughts and ideas for upcoming Future of Money newsletters....
...My name is Chelsea Davis. I'm the owner of The Root Cellar, which is a local food hub located in Columbia, Missouri....
...Some observers think pressure on Moscow could eventually work, like Craig Kennedy, a Russian oil expert at Harvard’s Davis Center....
...Over $600mn in crypto stolen from network behind Axie Infinity Ronin Network, the digital ledger which powers the popular cryptocurrency game Axie Infinity, has faced one of the biggest hacks in the sector...
...You can reach the fintechFT team at Imani.Moise@ft.com or Sid.V@ft.com. Your thoughts and suggested topics for coverage are always welcome. Thanks for reading....
...Job moves Addy Loudiadis is stepping down as chief executive of Rothesay, a pensions insurance specialist she co-founded within Goldman Sachs 15 years ago....
...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....
...Email us at imani.moise@ft.com and sid.v@ft.com....
...The co-ownership model means less competition for single family homes....
...As ever, send your thoughts, queries and philosophical riddles to Imani (imani.moise@ft.com) or me (sid.v@ft.com). Happy reading!...
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