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Abrdn Plc
Abrdn shareholders urged to reject pay report over new CFO’s £675,000 salary
...Abrdn’s shareholders have been urged by influential adviser Glass Lewis to vote against the asset manager’s pay report because of the incoming chief financial officer’s “significant” salary....
April 4, 2024
Fund management
Martin Gilbert faces investor revolt over governance concerns
...In another blow, Glass Lewis raised concerns over the board’s plan to be able to issue shares of up to 50 per cent of the company’s share capital — exceeding the 33 per cent cap set by the industry body,...
April 17, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Work Watch
John Lewis seeks to ease job interview nerves by revealing questions online
...John Lewis Partnership, the UK’s largest employee-owned business, is seeking to make the process less daunting by publishing its interview questions “for every role” online, “for everyone to see”....
April 24, 2024
Letter
Letter: Non-doms: a short-sighted ploy driven by an election
...There is an important discussion to be had about who the UK should be trying to attract and how best to go about that, but short-sighted policy fuelled by electoral desperation is no solution....
March 8, 2024
Menswear
V-necks are back
...Yet the question begs, are we ready to overlook the scorched earth left by V-necks just a few decades ago?...
April 8, 2024
Watches & JewelleryDeconstructed Watch
Deconstructed watch: Andersen Genève Tempus Terrae
...After Andersen left to set up his own, eponymous business in 1979 he spent a decade working on ways to improve the already impressive Cottier mechanism by making it simpler and easier to use, eventually...
November 17, 2023
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
News updates from December 13: Fed signals rate cuts in 2024, BP former CEO to forfeit up to £32.4mn after ‘serious misconduct’
Entain chief executive Jette Nygaard-Andersen steps down
...Jette Nygaard-Andersen led the UK-based company through an investigation by HM Revenue & Customs into its legacy Turkish business, which earlier this month resulted in the Ladbrokes owner agreeing to pay...
December 13, 2023
News in-depthJohn Lewis Partnership PLC
The challenges facing Tesco veteran Jason Tarry at John Lewis
...John Lewis said its “plan is working”, as “demonstrated by our return to profit”....
April 12, 2024
John Lewis Partnership PLC
John Lewis appoints Tesco veteran as new chair
...The group posted a return to profit last month after three years of losses as it scrapped targets to derive almost half of its earnings from outside retail by 2030....
April 8, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
British billionaire Joe Lewis avoids prison in insider trading case
...The recipients made more than half a million dollars by trading on the non-public information, to which Lewis had been privy through his seats on various corporate boards, according to prosecutors....
April 4, 2024
ReviewTheatre
James V: Katherine, Edinburgh review — exceptional entry in Rona Munro’s Scottish history series
...Becky Minto’s set is a dark square ringed by candles. Derek Anderson’s dusky lighting and Danny Krass’s fidgety score shift the scene around Scotland....
April 12, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
British billionaire Joe Lewis avoids prison in insider trading case
...The recipients made more than $500,000 by trading on the non-public information, to which Lewis had been privy through his seats on various corporate boards, according to prosecutors. Read more here...
April 4, 2024
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
John Lewis Partnership returns to profit
...The owner of John Lewis and Waitrose has returned to profit after three years of annual losses, in an early sign that chair Dame Sharon White’s turnaround plan is working....
March 14, 2024
FT MagazineRobert Shrimsley
40 per cent price rise? That’s our policy!
...January: cold weather, Blue Monday and the month of that time-honoured ritual of the old insurance policy renewal two-step. You know the dance....
January 26, 2024
News updates from April 8: Millions watch solar eclipse; Elon Musk predicts AI will overtake human intelligence in 2025
John Lewis appoints former Tesco chief as next chair
...Tesco veteran Jason Tarry will replace Dame Sharon White as chair of John Lewis and Waitrose....
April 8, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Letter
Letter: It’s OK for John Lewis. But not for Thames Water
...I am intrigued by Richard Fletcher’s proposal to take Thames Water into co-operative John Lewis-type ownership (Letters, April 4)....
April 12, 2024
Entain PLC
Gambling group Entain’s chief steps down
...Additional reporting by Maxine Kelly in London...
December 13, 2023
Joe Lewis
British billionaire Joe Lewis avoids US prison in insider trading case
...The recipients made more than half a million dollars by trading on the non-public information, to which Lewis had been privy through his seats on various corporate boards, according to prosecutors....
April 4, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
Glass Lewis urges Goldman shareholders to vote down Solomon’s $31mn pay package
...Glass Lewis said: “The company has notched its second consecutive year with a significant disconnect between pay and performance, driven, at least in part, by compensation levels exceeding the median of...
April 4, 2024
News updates from April 2: Biden speaks with Xi, Fed’s Mester raises long-term rate outlook
Goldman-owned Petershill Partners to buy minority stake in investment group Kennedy Lewis
...Kennedy Lewis was founded by David Chene and Darren Richman in 2017, taking its moniker from the pair’s middle names....
April 2, 2024
Canary Wharf Group PLC
Morgan Stanley to stay in Canary Wharf for another 14 years
...Morgan Stanley has agreed to stay in its Canary Wharf office for another 14 years in a big boost to the east London financial centre that has been hit by high-profile tenant departures....
April 3, 2024
Kennedy Lewis Investment Management
Goldman Sachs expands private credit reach with Kennedy Lewis stake
...Kennedy Lewis was approached by multiple suitors during the process, underscoring interest in private credit by alternative asset managers, one person added....
April 2, 2024
Chess
Chess: Half a century on, Fischer v Spassky at Reykjavik still echoes
...The most famous chess match of all time Bobby Fischer v Boris Spassky in 1972, still casts its echoes....
March 11, 2024
John Lewis Partnership PLC
John Lewis Partnership returns to profit after 3 years of losses
...Trading operating profit improved by £170mn to £1bn at Waitrose, while at John Lewis it rose by £13mn to £689mn year on year....
March 14, 2024
Transcript
Transcript: Sam Bankman-Fried gets 25 years in prison
...And our theme song is by Metaphor Music....
March 29, 2024

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