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...Kathy Mikells, chief financial officer of ExxonMobil, also criticised the decision, saying it could damage efforts to wean countries off coal....
...Speaking on Thursday, ahead of the announcement, Exxon’s chief financial officer Kathy Mikells declined to comment on whether the company’s decision to sue marked the beginning of the end for so-called Trojan...
...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
...On the same day, L&G chief executive Sir Nigel Wilson decried the “perpetual drift” of companies away from London’s stock market, attributing it in part to a decline in equity holdings among pension funds...
...As L&G takes on liabilities, it creates assets to back them. Homebuilding has been a key aspect of Wilson’s tenure. L&G had acquired or built almost 1,000 affordable homes by the end of 2022....
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...Before I experienced Barkley L Hendricks’ revelatory retrospective at the Studio Museum in Harlem in 2008, I had never seen more than a couple of his works at a time....
...L&G’s retail business was also “bolstered” by rising individual annuity sales....
...“We expected prices to moderate after record earnings,” Kathy Mikells, Exxon’s chief financial officer, told the Financial Times....
...Tom Wilson in London...
...Under Wilson, it has focused on “inclusive capitalism”, funding long-term assets such as housing developments and infrastructure....
...One feature to start: With the mining and London market abuzz with speculation about the BHP-Anglo American takeover saga, the FT’s Tom Wilson dissects the other possible bidders for the miner with a market...
...Thirty campaign groups wrote to New York governor Kathy Hochul earlier this year slamming her budget for corporate subsidies, claiming it was not needed to secure projects....
...L&G’s latest Rebuilding Britain Index has found that attempts to “level up” UK regions are failing or stalling and that, in many cases, inequalities have widened....
...The fund’s other top holdings include Microsoft, L’Oréal, and luxury goods company LVMH....
...“This is just psychologically very reassuring to the industry,” said Theodore Paradise, a partner at the K&L Gates law firm, adding that the contracts will go a “long way to encouraging the sector and sending...
...The scoreline “love” is believed to come from the French word l’oeuf for egg, which resembles a zero....
...Wilson cited efforts by L&G to help 600 start-ups in its portfolio to expand. “We want to scale up a lot of those and we want those to be FTSE constituents in years ahead,” he said....
...L&G said the process to find a successor could take about a year, noting that Wilson will continue as chief executive until a replacement is found....
...Sir Nigel Wilson, chief executive of L&G, said that meeting the UK’s housing needs required “national and local collaboration coupled with modernisation of planning and construction, improvements to funding...
...He and chief executive Sir Nigel Wilson were answering questions on the episode from the House of Lords’ industry and regulatory committee....
...Sir Nigel Wilson, L&G’s chief executive, said the speed of the bond sell-off had “caught us all by surprise”....
...“Our businesses are resilient, and we are on track to deliver good growth in key financial metrics for full-year 2022,” said chief executive Nigel Wilson....
...Market firsts WINNER: Wilson Sonsini Goodrich & RosatiOriginality: 9; Leadership: 8; Impact: 8; Total: 25The firm is one of the founding members of the Open Cap Table Coalition, which set out to create...
...“We are committed to providing financial security for our customers and colleagues in a tough economic climate,” said chief executive Nigel Wilson....
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