Hints and tips:
...Kingman will retain his role at L&G, but has stood down as chair of Tesco Bank....
...And the latest in the Jes Staley saga, brought to you by our US banking editor: Staley pressed JPMorgan Chase to keep Jeffrey Epstein as a client, despite Epstein’s conviction for prostitution offences,...
...Peter G Cowap Baltimore, County Cork, Ireland...
...Staley survived, albeit without a chunk of his pay package....
...Closing quote — essential comment before you go Lombard That City watchdogs have now twice initiated a probe into James E Staley, aka Jes Staley, chief executive of Barclays, is jaw-dropping....
...The group has been sidling towards a fuller break up ever since it demerged M&G, its European business....
...Any move could ramp up pressure on other bank bosses (watch out António Horta-Osório and Jes Staley) to follow suit....
...A busy day for US earnings with Coke, P&G and Twitter all reporting. But after Monday's public holiday, it's quiet on the UK front. Edward Bramson's Barclays showdown is (finally) nearly here....
...In the most high-profile case, a former employee of M&G was jailed this month for posting fake pornographic images of a colleague on a website....
...Anne Richards, chief executive of M&G Investments, the £281bn asset manager, shared Mr Staley’s concerns, saying that “we have far fewer tools” to deal with another crisis....
...And it drew a line under a whistleblowing scandal that has been hanging over chief executive Jes Staley for more than a year....
...Immediately afterwards, Anne Richards of M&G, David Rubenstein of Carlyle, Jes Staley of Barclays and Citi’s Michael Corbat will discuss whether leverage, liquidity or passive investment could serve as indicators...
...Nelson Peltz: A Battle for the Future of Big Brands (WSJ) P&G vs....
...Before him Jes Staley quit to join hedge fund Blue Mountain. And before him, Bill Winters set up his own boutique fund, Renshaw Bay....
...Do not make another by putting the company through an unnecessary debilitating proxy fight,” they said in the letter, which was signed by Mr Icahn and G. Staley Cates, Southeastern president....
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