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...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...
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...Johannemann told the court that he took “full responsibility” for his mistakes and had “glossed over the fact that my legal advice was used for illegal means”....
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...Miles Celic, chief executive of TheCityUK, said: “The industry is opposed to the FCA’s proposal to name and shame financial services firms before the conclusion of enforcement investigations....
...Chicago-based Grant Thornton is the seventh largest accounting firm in the US after the Big Four, RSM and BDO, with $2.4bn in revenue in its past financial year, which ran to July 2023....
...Like Hammack, he had previously been talked about as a potential candidate for chief financial officer. Goldman and Millennium declined to comment on Berlinski’s move....
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...Advocates say private equity can bring more efficiency to the profession and access to capital for critical investment, but the financial terms of such deals can prove controversial....
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...A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting held more than a decade ago,...
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...Oil and refined products is one area where the available data on supply levels, demand patterns and logistical variables has ballooned in recent years, Barrack told the Financial Times....
...That pushed the discount rate as high as 17 per cent, its widest since the financial crisis....
...It is now one of the biggest SME lenders in the UK and recently issued full-year numbers which showed solid progress....
...Bhavesh Mistry, British Land’s chief financial officer, said the company estimated that 1mn sq ft of new or refurbished space would be delivered each year from 2024-2027, compared with 2mn sq ft of typical...
High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen
...The Financial Times last week asked Apollo about its billing practices after the appeals court ruling....
...In one instance, Weightman’s pitch to a senior Barings employee who later defected is preserved in full, offering them an “interesting private credit opportunity at Corinthia Global Management” and to send...
...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...
...TPG has invested in partnerships such as talent agency Creative Artists Agency and registered investment adviser LPL Financial in recent years, and last year it made an unsuccessful pitch to buy into in...
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...Circle Internet Financial, operator of the USDC stablecoin, has confidentially filed to list in the US, a day after regulators fuelled optimism in the crypto market by approving the first stock market funds...
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