Hints and tips:
...One fund lost $10mn on its hedges on Tuesday, sources told DD....
...Patrick Orlando, the architect behind the transaction to take Trump Media & Technology Group public, could stand between the former president and his much needed multibillion-dollar windfall, report DD’s...
...“Our industry has been dramatically hollowed out over the last five, 10 years,” he told DD’s Ivan Levingston....
...If DD readers have the answer, we’d be interested to hear it....
...For those still at Goldman, bank president John Waldron is viewed as the leading candidate....
...But DD’s Sujeet Indap writes that the tables have turned. Texas is the new booming venue for large commercial litigation....
...Fuelling the fire The French government’s wooing of bankers could further stoke class tensions in the country, the FT’s Patrick Jenkins writes....
...DD will have ears on the ground....
...DD will be watching to see how it all plays out. Who is Sergei Leontiev?...
...DD is keen to see what catches their eye next given their newfound heft....
...Job moves John Allan is to step down as chair of UK housebuilder Barratt Developments following allegations of misconduct by the former CBI president....
...Linklaters has hired Latham & Watkins’ John Guccione as a corporate partner in London....
...Tesco chair and former CBI president John Allan is to step down next month following allegations about his behaviour towards women....
...Follow the money Aviation tycoon Patrick Hansen fought against new EU anti-money-laundering rules and won....
...Jones Day has hired Patrick Haney as a partner in its business and tort litigation practice, based in Washington. He joins from Kirkland & Ellis....
...For owners of English football clubs, DD imagines it must’ve been hard to see Chelsea FC sell for £2.5bn and not think about doing the same....
...private equity firm behind Israeli spyware maker NSO Group, held talks to buy a landmine clearance company that works for Saudi Arabia in Yemen — a divisive deal that contributed to the group’s unravelling, DD...
...As DD explained last week, his original, London-listed fund is effectively frozen....
...“Twenty years ago we lost our soul,” said one veteran wealth manager, who lamented a succession of investment banking chief executives such as John Mack and Brady Dougan....
...Job moves John Foley is retiring as chief executive of UK savings and investment group M&G, which has struggled to find its feet since its demerger from insurer Prudential in 2019....
...The latter echoes how John Malone, the cable billionaire, built a stake in his longtime rival Murdoch’s News Corp, a move that led the latter to sell DirectTV and adopt a poison pill....
...While Orléans-Braganza has a small stake in the Spac, the real beneficiary is an obscure Florida-based businessman called Patrick Orlando....
...Former BP boss John Browne left his role as chair of LetterOne’s energy division last month after serving in the role for almost seven years....
...The FT’s Patrick McGee takes a gander....
...But despite all the fanfare, the Irish expats and college dropouts (Patrick from Harvard, John from MIT) appear, much like their tastes in home decor, down-to-earth. “It’s low-margin . . ....
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