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Also in this week’s newsletter, the Detroit Lions roar back and Real Madrid top football rich list
...This includes a new design section of seven studios, such as Mumbai’s Atelier Ashiesh Shah and the specialist wallpaper and fabrics company de Gournay....
...One overriding concern, says Caroline Sayan, president and chief executive of the art advisers Cadell North America, is that “millennials don’t want to buy what their parents are selling”....
...“Valuations are not cheap and that is driving some of the de-risking.” Geraci believed there could be more to come if Treasury yields remain high by recent standards....
...Ligue de Football Professionnel is now talking directly to potential broadcast partners, but club executives are increasingly nervous about their prospects....
...But the tour’s tense negotiations with the PIF elicited interest from investors closer to home, pushing the golf establishment into the arms of some of America’s richest sports owners....
US lender drops effort to sell Mexican retail bank it bought in 2001
...– A de-banked Schwab may be worth more than its current trading value. We see a de-banked Schwab worth more than the stock is trading at currently....
...Most of the works come from the Château de Ferrières, east of Paris, designed by Joseph Paxton for Baron James Mayer de Rothschild — the son of the dynasty’s founder — and his wife (and niece) Betty in 1862...
...He had a stint in Beijing at Zhong De Securities, a joint venture between Deutsche Bank and a domestic company, Shanxi Securities....
...seminal moment in US finance because it's the merger that triggers the repeal of Glass-Steagall Act, which a post US Depression piece of legislation, had been in place since the 1930s, basically to try to de-risk...
...In January 2022, Bank of America analysts suggested that the “franchise could be worth US$12.5bn-$15.5bn”....
...Among his contracted players pre-de Havilland was a genial minor male lead called Ronald Reagan.)...
...Trafigura alleges Gupta, who denies wrongdoing, has “de facto” control over a handful of the companies involved in the scandal including Spring Metal, and even had access to the company’s email account....
...multiple voting structures, the ISS will be in conflict with the established corporate governance culture in many continental European markets, says Marco Becht, professor of finance at the Université Libre de...
...A month earlier, property tycoon Tomonori Tsurumaki made headlines by buying Pablo Picasso’s Les Noces de Pierrette for $51mn....
...Works by Willem de Kooning, Jean-Michel Basquiat and Cy Twombly join Magritte’s “L’Empire des lumières” (1951, est $35mn-$45mn) and “Le Domaine d’Arnheim” (est $15mn-$25mn)....
...down with Japan Inc to tell it all about targeted industrial policy....
...BlackRock, Wells Fargo, Bank of America and State Street were also excluded from doing business with the state, Oklahoma said....
...This explosion of upskilling programmes in corporate America is part of a larger attempt to cope with changing attitudes around work amid the Covid crisis, according to Robbie Watson, future skills and learning...
...One of America’s most famous hedge fund managers has publicly said he found it “highly credible and well-researched”....
...So Leo, do you think Japan Inc, despite all this demographic stuff, has reason to be cautiously optimistic?...
.... ©2022 Nikkei Inc. All rights reserved....
...Highlights included Willem de Kooning’s “Collage” (1950), which sold for $29mn ($33.6mn with fees, est $18mn-$25mn) and Alberto Giacometti’s “Trois hommes qui marchent (grand plateau)” (cast in 1952) for...
...She’ll be replaced by head of private equity Christophe de Dardel in January....
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