Hints and tips:
..., 30 years after the Fondation co-produced his film Cremaster 4....
...To May 7, southbankcentre.co.uk...
...LVMH-backed private equity group L Catterton has hired Ian Friedman as a partner and managing director in its growth fund. He was previously co-head of Goldman Sachs’ growth equity team....
...His follow-up nominations were for Children of a Lesser God, in 1986, and James L Brooks’s Broadcast News in 1987....
...US law firm Hogan Lovells has hired Patrick Sarch as a partner and co-head of London M&A. He joins from White & Case where he was co-lead of the corporate practice in London....
...Macy’s, Foot Locker and Victoria’s Secret-owner L Brands were among several companies that slumped to a quarterly loss after their stores were closed — in stark contrast to Walmart, which posted its biggest...
...Tens of thousands of retail workers are already being furloughed without pay at Victoria’s Secret owner L Brands, while Macy’s warned its workforce of about 125,000 on Monday that it was unclear when stores...
...Graeme Sloan, a global co-head of M&A at Morrison & Foerster, has joined the UK biotech company Izana Bioscience after nearly five years at the law firm in London....
...Wall Street took the latest decline in its stride as shares in L Brands ticked up 2 per cent. They have lost 70 per cent over the past three years....
...Richard Gray, currently HSBC’s global general counsel, will step into the role while the bank carries out a search for Levey’s permanent successor. More here....
...But to secure the transaction, the group took on a potential hit to future revenues if oil surges and remains above $74 a barrel....
...Warren Buffett once described 3G’s co-founder Jorge Paulo Lemann, a former professional tennis player, as among the world’s most effective businessmen....
...Shares in L Brands, owner of the troubled lingerie brand Victoria’s Secret, tumbled 18 per cent after the company halved its annual dividend following the market’s close on Monday....
...But he will keep banging the drum anyway. “I feel like our job is to identify risks, to speak out, and that’s what we’re doing,” he says. “Hopefully legislators will listen.”...
...Elsewhere, L Brands shares tumbled after the owner of Victoria’s Secret said it expected to post quarterly profits that are weaker than Wall Street estimates....
...If oil stayed around present levels of $30 a barrel, it said it would be forced to add up to $750m to reserves this year — which is roughly one-third of the benefit it expects from higher net interest income...
...The intention was to stem the oil collapse that hit a 13-year low below $30 a barrel at the start of this year....
...Perhaps our eyes are failing us, but we were unable to find mention of the fact that Rebus had already tried and failed to drum up interest elsewhere....
...● Related Lex note: BT and EE — washing up Co-operative is sole UK failure in BoE stress tests The Co-operative Bank was the standout failure in long-awaited Bank of England stress tests unveiled this...
...Priorat is a super-concentrated wine typically made in new French barrels from ancient Grenache and Carignan vines....
...During the S&L crisis, which saw hundreds of small US banks and thrifts collapse, an average of 196 de novo banks and savings institutions emerged annually between 1984 and 1992....
...I am here to see Lamothe, who is in California with actor Sean Penn to bang the drum in Silicon Valley for investment....
...At a time when the consensus view for long-term oil prices was firmly anchored at $18 a barrel, he told clients that oil prices would average $43 a barrel by 2010....
...He was speaking on the eve of a trip to London that is part of a plan to drum up $1tn of investment in Russian oil by 2020....
...Western Canada Select, blended from heavy tar sands crudes, this week sold for $62.42 a barrel, according to data from Platts, the energy information service....
International Edition