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Deloitte LLP (United Kingdom)
Deloitte reverses Covid cuts by expanding office space in London
...Deloitte has taken on extra office space in central London less than two years after making cutbacks, in an about-turn that indicates staff in professional services are returning to the workplace more regularly...
April 2, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Rahul Titus, global head of influence at Ogilvy PR, said health influence was the “new frontier” in marketing....
April 23, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Institutional Shareholder Services Inc
ISS clashes with German blue-chips over boardroom independence
...Another proxy adviser, Glass Lewis, has recommended clients support both Bock and von Bomhard....
April 17, 2024
US equities
The tiny Chinese tea seller whose shares trade more than Tesla’s
...York state usury laws to void several small-company financing deals....
February 9, 2024
Due Diligence
Nelson Peltz gets shut out of the magic kingdom Premium content
...He also got the support of some large investors, and fellow billionaires Bill Ackman and Elon Musk also weighed in — though neither have a stake in Disney....
April 4, 2024
US foreign policy
McKinsey and BCG accused of withholding information on Saudi ties
...McKinsey has produced 1,548 pages of records, 862 of which are calendar invitations or emails containing publicly available news clippings, it said....
February 1, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
News updates from April 1: Israel accused of air strike on Iranian embassy; US manufacturing sector expands for first time since 2022
UPS replaces FedEx as main air cargo provider for US Postal Service
...FedEx said Monday that the elimination of structural costs that support postal service volume will be “addressed” and that it expects profitability to improve starting in fiscal year 2025....
April 1, 2024
Walt Disney Co
Nelson Peltz backed for seat on Disney board by proxy adviser ISS
...ISS only recommended Disney shareholders support Peltz, not Rasulo....
March 21, 2024
BlackRock Inc
BlackRock’s Larry Fink to face vote on splitting chair and CEO role
...BlackRock did not support Bluebell on resolutions at Glencore and Solvay. This article has been amended to correct the market capitalisation of BlackRock...
April 4, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...Moderna paid $1,053,767 for security services to Stéphane Bancel, after not disclosing any security payments for him the previous year....
April 21, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
Potential sale comes after Apollo’s $26bn offer was rebuffed
April 3, 2024
News in-depthDonald Trump
Trump masks his rage as ‘hush money’ trial starts
...Instead, he had to settle for the moral support of Andrew Giuliani, the son of the former New York City mayor and his erstwhile lawyer Rudy....
April 23, 2024
Accountancy
Investors left in the dark after US companies fail to file on time
...Shares in New York Community Bancorp meanwhile fell by a quarter on Friday after the regional lender delayed its annual report, saying it had found material weaknesses in the internal controls that guide...
March 1, 2024
New York Community Bancorp Inc
New York Community Bancorp shares sink after flagging problems with internal controls
...New York Community Bancorp shares shed a quarter of their value on Friday after the regional lender disclosed it had replaced its chief executive and identified “material weaknesses” in internal controls...
March 1, 2024
Credit cards
Visa and Mastercard agree $30bn settlement over US transaction fees
...Shares in Visa and Mastercard were trading close to flat in New York on Tuesday morning....
March 26, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Citigroup Inc
Citigroup profits beat forecasts as bank sheds thousands of jobs
...Several of the bank’s businesses — including credit cards and corporate transaction services — did better than expected in a quarter that many thought would be marred by the upheaval of the restructuring...
April 12, 2024
Artificial intelligence
New York judge rebukes law firm for using ChatGPT to justify its fees
...A New York judge has scolded a law firm for citing ChatGPT to support its application for “excessive” attorneys’ fees of up to $600 an hour....
February 22, 2024
PGA Tour Inc.
US senator vows to fight on against Saudi influence over golf
...The head of a Senate investigation into Saudi Arabia’s investments in the US has vowed to keep fighting to limit the kingdom’s influence over the sport of golf....
February 12, 2024
Moral Money
New York’s green troublemaker Premium content
...ESG Shareholder proposals Citigroup agrees to disclose green financing ratio Despite the backlash to environmental and social shareholder proposals, the New York City comptroller Brad Lander — who oversees...
March 20, 2024
New York Community Bancorp Inc
NYCB to raise $1bn in deal led by Steven Mnuchin’s investment firm
...New York Community Bank will raise more than $1bn in a deal led by the investment firm of former US Treasury secretary Steven Mnuchin, in an effort to shore up its finances and calm fears after weeks of...
March 6, 2024
News updates from January 24: Joe Lewis to plead guilty in insider trading case, Microsoft passes $3tn market cap
US manufacturing and services activity unexpectedly improves in January
...The stronger readings, all things equal, could help tame expectations that the Federal Reserve will soon start cutting rates to support the economy....
January 24, 2024
Apple Inc
Large Apple shareholders seek AI disclosures
...Institutional Shareholder Services, the largest investor advisory firm, has also recommended Apple’s investors support the AI resolution....
February 27, 2024
Brookfield Asset Management Inc
Brookfield in talks to buy majority stake in $22bn airline lender
Castlelake’s aircraft leasing focus fits private capital industry’s interest in asset-backed debts
April 11, 2024
Private equity
EQT raises €22bn for private equity deals
...However, there might be fewer bargains in the United Kingdom after a valuation gap with United States markets was closing, he said....
February 27, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...The work has been in the same American collection since 1995, when it was bought for $475,500, and is re-offered, guaranteed, in New York next month....
April 18, 2024

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