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...Dealmaking between banks is a common topic of conversation on the sidelines of official business, according to members, although most of the talk is hypothetical....
...While his use of the company’s private jets angered some board members, an internal audit report seen by the FT found that it was in line with his predecessor’s use and that any additional expenses had been...
...Julius Baer’s chief executive and a board member responsible for risk are leaving the Swiss bank as it prepares to write off SFr606mn ($700mn) on loans to crisis-hit Austrian property group Signa, according...
...In addition to Körner, the only other Credit Suisse executive board members still employed by UBS are André Helfenstein, who ran the domestic business; Christine Graeff, the head of people; and Nita Patel...
...As a result of the biggest crisis to hit the bank in at least five years, Julius Baer reported SFr454mn of profit in 2023 — down from SFr950mn a year earlier — and earnings per share of SFr2.21, down 52...
...Martin Gruenberg spoke to the Financial Times as his agency issued a paper detailing how it would handle the collapse of a global systemically important bank (G-SIB) such as Credit Suisse....
...“I believe Julius Baer will be able to continue its risk appetite and risk capacity as we have on average in the past few years,” Rickenbacher had said....
...To be fair, the original Basel III Endgame proposal was tough; in his statement last year, Powell noted it “exceeds what is required by the Basel agreement”....
...The move was widely seen as a landmark shift in corporate power from management to the board....
...John Kerry aims to remain involved in drumming up finance for the clean energy transition despite stepping aside as the top US climate official, at a time when the issue of paying for green investment is...
...Hardwick was forced to quit the parole board in March 2018 after judges overturned its decision to release John Worboys, who was convicted in 2009 for attacks on 12 women and initially given a life sentence...
...US House Speaker Mike Johnson’s plan to hold votes on funding for Ukraine and Israel faced a growing threat as members of his Republican party revived a bid to remove him from office....
...Hock Tan, Broadcom’s CEO since 2006, will join the board along with John Arnold, a former top natural gas trader at Enron who went on to set up his own hedge fund, Centaurus Energy....
...The whole event was free, courtesy of the man who stood in the middle of the courtyard, chatting to all-comers and offering drinks from a bottle of Maid of Bruton sparkling rosé from the vineyard on his...
...While the Whitaker name is lauded whenever one of its members enters a ring, John has a special place in the hearts of showjumping fans....
...Nato’s history is a sober reminder that the alliance is only ever as strong as its members choose it to be....
...An impending probe by UK competition officials — expected to begin next year — has shone a light on the intricacies of the two companies’ relationship, which our FT colleagues investigate in this deep-dive...
...Other senior officials of the AAP, which runs northern Punjab state as well as Delhi, have been held as part of the same probe....
...The capture of the MSC Aries comes as Tehran has been vowing to respond to a suspected Israeli air strike on Iran’s consular building in Damascus this month that killed seven guards members, including two...
...Sir John Sawers, the former head of MI6, will also step down from the BP board in April, after nine years of service....
...Musk is not big on boundaries, and the one that he and his eight-member board ignored is that between private venture-backed companies and public ones....
...Critics have pointed to the deployment of just one destroyer, HMS Diamond, to the Red Sea rather than a carrier, as the US has done, as further evidence of those problems....
...In another sign of the importance placed on security, Li announced a 7.2 per cent increase in defence spending to Rmb1.6tn, outpacing the official growth target....
...On trade, Trump plans to renew his trade wars — floating the idea of introducing a 10 per cent across-the-board tariff on imported goods, a 60 per cent tariff on Chinese goods, as well as a separate levy...
...Many capitals still appear in denial about the scale of investment needed in technology, in boosting defence industrial capacity and in enlarging their fighting forces as a deterrent to Russian aggression...
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