Hints and tips:
...Praesidiad to lenders including Bain’s credit arm....
...“We are expecting a rapid rebound in China’s economy,” said Caroline Bain, commodities economist at Capital Economics....
...But for wealthier Americans, that shift has meant that some of their spending has moved from the boutiques of Manhattan to those in European cities like Milan, said Federica Levato, senior partner at Bain...
...“The LME discussion paper sends the ball back into governments’ side of the court,” said Tommy Bain, Marex’s head warrant trader and chair of the LME warehousing committee....
...One of the more sensitive areas Leslie is probing is Goldman’s spending on two Gulfstream jets, according to the FT’s sources....
...Often the lightness runs alongside heartbreak, as with the 2020 Booker winning writer Douglas Stuart’s two novels, Shuggie Bain and Young Mungo....
...Smart reads Hoarding cash Our colleagues at Alphaville dissected Bain’s latest private equity report. One key takeaway: dry powder for days....
...Royal London, which was vocal in its pursuit of LV even before the Bain deal fell apart, said it had held “initial, exploratory discussions” with LV....
...Leslie Wexner, above, the billionaire behind L Brands, was for decades Epstein’s only known client, which has made Victoria’s Secret a hard asset to shift, sources told DD....
...Before Expedia, he was a consultant with Bain & Company in Boston and San Francisco, and worked with UBS investment bank in London. “I think we will always be an acquisitive company,” he said....
...Advertising is led by Adam Bain, promoted to chief operating officer when Mr Dorsey took the reins....
...KKR and Vornado have written off their investment over time, while Bain has been carrying it at near zero....
...This millennial migration is largely being driven by affordability, says Karen Harris of the macro trends group at Bain & Company, the consultancy....
...Finally, here’s a scoop from the FT’s Leslie Hook, who spoke to SoftBank’s Rajeev Mishra....
...Mr Bain said he would do something “totally different and new” outside Twitter, without elaborating on what that might be....
...Additional reporting by Louise Lucas in Hong Kong, and Tim Bradshaw and Leslie Hook in San Francisco...
...Bain and TPG declined to comment....
...Several of Jet’s earlier investors, including Alibaba, Google Ventures and Bain Capital Ventures, are also participating. Additional reporting by Hannah Kuchler in San Francisco....
...Amid concerns about his health, 92-year-old billionaire Sumner Redstone has stepped down in favour of Leslie Moonves, its chief executive....
...Kansas City-based AMC is privately owned by a range of funds including Apollo Global Management, Bain Capital, the Carlyle Group, CAMP Capital Advisors and Spectrum Equity Investors....
...The LSE’s Leslie Willcocks reckons the best outsourcing deals are those where clients and providers collaborate closely, and actively try to innovate and transform their business....
...Candidates from outside the consultancy industry also need to prepare themselves for a cultural change and be prepared to work extremely hard, warns Don Leslie, one of the founder-directors of Beament Leslie...
...“We are bullish on CBM,” said Sharad Apte, head of Bain & Company’s Asia-Pacific Energy practice....
...Leslie Bains, head of private banking, says Modern Bank is targeting clients with $5m to $150m in assets, an area she says is under-served....
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