Larry Stephen Helms

McKinsey’s Bob Sternfels forced into a run-off in leadership ballot

...Bob Sternfels has failed to win the support of a majority of McKinsey’s senior partners for another term at the helm of the consulting firm in the second round of its leadership ballot, forcing him into...

January 26, 2024

Philip Stephens

Ireland’s politics is transformed, with or without Varadkar

...On the face of it, the Fine Gael-Fianna Fáil-Green coalition of which Varadkar took the helm should be in rude health. The economy boasts full employment and the government is running budget surpluses....

March 23, 2024

FT Live

Bank of the Year Awards 2024

Recognising the best in banking globally

Standard Chartered PLC

StanChart chief laments ‘crap’ stock price as profits jump

...The stock rose 10 per cent to 666 pence on Friday but it has fallen about a third since Winters took the helm in June 2015....

February 23, 2024

Morgan Stanley

Morgan Stanley quarterly profits slide as investment banking income sinks

...In his first call with analysts since taking the helm, Pick signalled that he would stick with the strategy set by Gorman, who is regarded as one of Wall Street’s most successful recent executives....

January 16, 2024

Inside BusinessAnjli Raval

Why CEO succession is so difficult to get right

...In 2022 Teskey was elevated to a senior post alongside two others, with the view that one would take the helm....

April 22, 2024

ExxonMobil

Exxon chief earns four times as much as bosses at Shell and BP

...“North American companies place a greater emphasis on pay-at-risk,” said Stephen Diotte, compensation practice leader at the Bedford Group, a Calgary-based consultancy....

April 11, 2024

FT Live

Innovation in Wealth Management Summit

Augmented intelligence for client-centric services

Inside BusinessRichard Waters

The Elon Musk pay dilemma

...At the other extreme have been founder-CEOs such as Larry Ellison at Oracle, whose annual pay reached nearly $100mn a decade ago....

February 1, 2024

InterviewAccountancy

RSM rules out radical changes to accounting partnership model

...Becker took the helm of RSM US in 2022 having previously run its consulting business....

January 3, 2024

News in-depthMcKinsey

McKinsey’s revenue from prime US government contracts falls to 9-year low

...But Larry Allen, founder of Allen Federal Business Partners, a procurement consultancy, said it was notable that McKinsey was missing out on Washington’s increasing use of professional services firms to...

January 14, 2024

OpenAI

Altman returns to OpenAI’s board after review finds firing was unwarranted

...Former US Treasury secretary Larry Summers was appointed to the board late last year. A member of the previous board, Quora chief executive Adam D’Angelo, also remains in place....

March 8, 2024

Science

Britain must be more strategic in funding science, says former adviser

...a new research institute funded by Oracle co-founder Larry Ellison....

February 20, 2024

FT Wealth Management

Bitcoin faces big hurdles to integrate fully into financial markets

...“The bitcoin white paper misses the whole legal infrastructure around the process,” says Santos-Stephens....

March 14, 2024

Visual Arts

Ghana show fills in gaps in art history

...The Ghanaian has been called “the future of portraiture” by mega-dealer Larry Gagosian....

October 19, 2023

Inside Politics

Humza Yousaf rides high despite misstep on Scottish independence strategy

...Fortunately, our man in Scotland, Lukanyo Mnyanda, is at the SNP conference and will be taking the helm of Inside Politics on Wednesday....

October 16, 2023

Inside Politics

Sunak’s Israel visit signals UK shift towards European mainstream

...Love Labour’s won | Keir Starmer has gained the backing of BlackRock chief executive Larry Fink....

October 19, 2023

FT Live

Evolving retirement strategies in an ever-changing world

What new regulatory developments mean for IFAs

Middle Eastern finance

Financiers stick to ‘Davos in the Desert’ plans despite Middle East war

...JPMorgan Chase’s Jamie Dimon, BlackRock’s Larry Fink, Citigroup’s Jane Fraser, Goldman Sachs’ David Solomon, Blackstone’s Stephen Schwarzman and Carlyle’s Harvey Schwartz are among the best-known American...

October 20, 2023

FT Magazine

The FT’s 25 most influential women of 2023

.../ From Stephen “Swifty” Warden, Toronto, ON, Canada...

November 30, 2023

US banks

US banks ponder end to bumper profits from higher interest rates

...“We expect that investors will begin redeploying assets once there is conviction in the terminal rate,” chief executive Larry Fink told analysts on a call for its third-quarter results on Friday....

October 14, 2023

ReviewBusiness books

Dorsey, Musk, Trump and the battle for Twitter

...Or the equity investors, such as Larry Ellison, billionaire founder of Oracle, who put in $1bn? Do they care about his chaotic business decisions thus far?...

March 14, 2024

Abrdn Plc

Abrdn cuts employee benefits in latest round of cost reductions

...Abrdn chief executive Stephen Bird has embarked on a programme of cost cutting since taking the helm in September 2020 as part of a plan to revive the company’s languishing share price....

December 15, 2023

Citigroup Inc

‘Get off the train’: Citi CEO sends tough message on big overhaul

...Fraser took the helm of the third-largest US bank in 2021 but has yet to deliver on her pledge of making the lender more profitable and less risky....

September 25, 2023

FT WealthStephen Foley

Little evidence that a spot bitcoin ETF would expand the market

...Stephen Foley is the FT’s US accounting editor....

August 31, 2023

News in-depthBlackRock Inc

BlackRock shake-up aims to meet investor demand for new funds

...“We see more and more of our clients blending more types of investment products,” said Stephen Cohen, newly appointed chief product officer. “This is about ensuring we have the right ones . . ....

January 22, 2024

Inside Politics

Themed weeks like ‘NHS week’ just trumpet Tory failures

...a very restful week off, thanks in large part to the tips on where to go and what to eat from all of you, and to Georgina, George, Lucy, Miranda, Jude and Lukanyo for doing such a brilliant job at the helm...

August 14, 2023

Goldman Sachs Group

Goldman hit by senior departures as lower pay and overhaul take toll

...Others blame a reorganisation late last year, Solomon’s second such overhaul since he took the helm less than five years ago....

August 3, 2023

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