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Trial at London’s High Court over Mozambique scandal is due to start next week
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...I think she said we weren’t pure capital-E establishment, more of what you called a “flying buttress” to it....
...The regional lender also appointed a new chief executive, Joseph Otting, a former head of the Office of the Comptroller of the Currency in the Donald Trump Administration....
...Stephen Schwarzman’s income from Blackstone Group fell below $1bn in 2023, a decline of more than 30 per cent from the previous year, as a slowdown in dealmaking made it harder for the world’s largest private...
...Along with the equity raise, NYCB said Joseph Otting, a former US banking regulator who ran OneWest for Mnuchin, would take over as NYCB CEO....
...The regional lender also appointed Joseph Otting, a former Comptroller of the Currency in the Donald Trump administration, as its new chief executive....
...One of the chefs, Lauren Joseph, wrote for the FT this weekend about what it was like to work there that night and what it means for the restaurant....
...Stephen Stanley, chief US economist at Santander Bank, said that any impact was likely to be small....
...Mnuchin and Joseph Otting, the former regulator who has taken over as NYCB chief executive, have a history of rebuilding troubled lenders: they bought failed mortgage lender IndyMac from the FDIC in 2008...
...Joseph Dickerson, analyst at Jefferies, said: “The focus of the results in our view is to what extent investors buy in to the 12 per cent return on equity guide for 2026....
...Clarity on strategy, capital consumption and returns is needed at the update on 20 February,” said Jefferies analyst Joseph Dickerson. “The CEO has sent some mixed signals” in recent interviews....
...Marco Cerrato, a partner at Maisto e Associati, a law firm operating in Italy and the UK, said the change would boost the allure of Italy, which he said allows longer-term planning than the new British system...
...Stephen Foley is the FT’s US accounting editor....
...Update: solid work by City AM: Further reading:— “Ditch standard life and drop three E’s, indeed a most commendable notion” (FT)...
...“Investors were expecting a clean set of numbers . . . and we do not have that today”, said Joseph Dickerson, an analyst at Jefferies....
...Jefferies analyst Joseph Dickerson said he was disappointed that management had “stuck to its stale [£2bn] full-year buyback policy” and pointed out that the lender had another £2.5bn in excess capital....
...Wales A&E waits under-reported for a decade | The true picture of A&E waiting times in Wales has been seriously under-reported for a decade, the BBC has revealed....
...stephen.bush@ft.com...
...“The appointment of untried relatives is a clear sign not only of nepotism, but of Mnangagwa’s desire to have a ‘comfort cabinet’,” said Stephen Chan, professor of world politics at London’s School of Oriental...
...“This has been a most ineptly organised election,” said Stephen Chan, professor of world politics at the London’s School of Oriental and African Studies and a longtime observer of Zimbabwean elections, who...
...Professor Sir Stephen Powis, national medical director of NHS England, said Thursday’s figures demonstrated “how the NHS is working flat out to recover services and bring down waiting times for patients,...
...So, I mean, Sacha Baron Cohen is probably best known by his characters, i.e. Borat and Ali G....
...Nikola Energy appointed Ole Hoefelmann as president on Monday, replacing Joseph Cappello, who started in September....
...Answers on a e-postcard, please.)...
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