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...Retired US partners of Grant Thornton have stepped up their fight for a bigger share of the proceeds from the sale of the accounting firm, hiring lawyers to challenge management over the terms of the deal...
...Grant Thornton’s retired US partners are demanding a greater share of the spoils from its sale of a majority stake to private equity, after accusing the accounting firm’s management of short-changing them...
...Institutional Shareholder Services, another high-profile shareholder adviser, is recommending shareholders vote in favour of Abrdn’s proposals at its meeting....
...The firm has about 600 partners in the US and is the largest member of Grant Thornton International, a network of accounting firms that use a common brand and co-ordinate services worldwide....
...The top US consumer finance watchdog has raised doubts about megamergers in the credit card industry, just as Capital One attempts to close its $35.3bn takeover of card issuer Discover Financial Services...
...Last month UBS agreed to sell an additional $8bn of loans to Atlas SP as part of a renegotiation of the deal that also scrapped an associated investment management arrangement....
...ranks of the 35-year-old firm....
...Engineers are developing the technology needed to deploy the service but executives have not yet made a final decision on whether or when to launch it, one of the people said....
...suggest Apple is focused on deploying generative AI on its mobile devices, a breakthrough that would allow AI chatbots and apps to run on the phone’s own hardware and software rather than be powered by cloud services...
...” in the Favela de Santa Marta, which is still a destination for lovers of mural art....
...Houlihan Lokey has hired Scott Kirkby as a managing director for its European financial services and technology team. He previously worked for Bupa....
...The Miami-based market maker has switched storage of trading data and running the programmes that simulate price moves out of its own servers and into Google’s cloud computing service, it told the Financial...
...weekends on the racing circuit.The Miami Grand Prix, just three years old, has quickly established itself as one of eight or nine “destination” races for spectators, and the spectacle of celebrity, money...
...The ability to process large volumes of data is particularly important in the fast-growing area of power trading, where the regulated nature of electricity markets produces large amounts of information....
...Wells Fargo and Wilmington Savings Fund Society are named in the suit having allegedly provided administration services to FCI. They have been contacted for comment. How big a deal might all this be?...
...“We are in a new era of realising that these partnerships have attractive alternatives,” said Peter Munzig, a partner at TPG, one of the most active dealmakers in professional services....
...(New trains due to enter service this year should trim the journey still further, to under three hours.) “This marks a before and after,” said President of Asturias Adrián Barbón at the inauguration....
...This is an audio transcript of the Political Fix podcast episode: ‘Destination Rwanda?’ [MUSIC PLAYING] Lucy FisherWhat next for Rishi Sunak’s Rwanda bill? I’m Lucy Fisher....
...For the avoidance of doubt, Apollo now explicitly rejects the findings of two federal courts....
...But Institutional Shareholder Services, a proxy adviser to investors, recommended last month that shareholders vote down the plan, which it called “excessive”....
...Some have blamed this on Google’s fragmented structure, big-company bureaucracy and the lack of a coherent company-wide plan for rolling out generative AI across its range of products and services, the Financial...
...An attorney for Jane Street told Engelmayer that the firm had invested “tens of millions of dollars” into the development of the trading scheme....
...millions of dollars....
...cent of the lease....
...The deal has been seen as a test of officials’ comfort with large Middle Eastern funds taking direct ownership of US investment groups....
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