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...One person said there was a lack of trust between the former partners and members of the current leadership team, and “this is not the Grant Thornton that we were hired into”....
...On a call for the retired partners last Friday, Grant Thornton chief executive Seth Siegel told them it would not be changing the calculation but it would more than double the size of a kicker the former...
...Executives at Apollo and MassMutual know each other well....
...Englander has recruited several Goldman executives....
...Institutional Shareholder Services, another high-profile shareholder adviser, is recommending shareholders vote in favour of Abrdn’s proposals at its meeting....
...“We’ll enjoy greater scale, resources and agility, while better positioning the firm to make targeted investments,” said Seth Siegel, Grant Thornton’s chief executive....
...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....
...It was indeed a great year, with US executives last year managing to notch up at least one [expletive] on a record 186 transcripts collected by AlphaSense....
...“In a way it’s an arms race,” Russell Hardy, chief executive of Vitol, the world’s biggest oil trader, told the FT Commodities Global Summit in Lausanne this month....
...The trust grew from a market capitalisation of £80mn in 1980 to about £3bn today....
...FMX is part of brokerage BGC Group, of which Lutnick is chair and chief executive....
...“Once upon a time you couldn’t buy shares in emerging market tech so you bought an investment trust,” said one hedge fund executive....
...Teneo is also involved in executive succession and has a restructuring business. It follows a broader trend in professional services....
...Microsoft’s revenue in the quarter climbed 17 per cent to $61.9bn, driven by cloud computing sales and rampant demand for AI-related services on its Azure platform....
...Two of the top-10 largest US accounting firms — Grant Thornton and Baker Tilly — have agreed to sell majority stakes to private equity in the past six weeks, and bankers and executives expect more deals...
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
...Katie Keenan, chief executive of the trust, told shareholders in October it had either recorded impairments or put on watchlist 40 per cent of its US office loans, which make up about 27 per cent of its...
...Wellcome Trust warns of private equity ‘shakeout’ Nick Moakes, chief investment officer of the £38bn Wellcome Trust, reckons that the private equity industry is facing a “shakeout” that could result in...
...Darktrace’s chief executive Poppy Gustafsson previously worked as Autonomy’s corporate controller and helped set up the cyber security company using funds in part from Lynch’s Invoke Capital....
...Cruise’s co-founder and chief executive, Kyle Vogt, also resigned....
...They’re basically investment trusts that make loans to smaller companies, have a 2x cap on leverage, usually list shares on a stock exchange and have to pay out 90 per cent of profits to investors....
...Current and former Google executives described the company as a series of fiefdoms....
...London-based Argus Media has been valued at $4.6bn including debt after a deal that will see its chief executive take a majority stake in the energy and commodity data provider....
...The 62-year-old Australian, whose audacious poaching of more than 20 senior executives from asset manager Barings last month has already sparked litigation, spent 20 years running a property business that...
...Google’s new marketing rules allow ads touting “cryptocurrency coin trusts” to appear alongside search results for queries such as “bitcoin ETF”....
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