Hints and tips:
..., and as Singapore authorities are increasing scrutiny of family offices in the wake of a record money-laundering scandal....
...Joe Lewis: The British billionaire, whose family owns Tottenham Hotspur football club, is due to be sentenced after he pleaded guilty to three criminal counts in a US insider trading case in January....
...Tottenham is held by Bahamas-based ENIC, a company majority-owned by a family trust that the club says counts “certain members” of Lewis’s family as “potential beneficiaries”....
...It came after a final round of talks with the English Premier League club’s ruling Glazer family....
...His son Eric, who is also a defendant in the case, said he had “lost all faith in the New York legal system” and that his family had “run an exceptional company — never missing a loan payment, making banks...
...It was also Fitzgerald’s efforts that ensured the husband’s admission to the best private members’ clubs....
...General Motors chief executive Mary Barra, the daughter of a union machinist, comes from a family that has collectively spent more than 80 years working at the company....
...Sitting on a brown leather sofa in the club bar of Fort Lauderdale Country Club in Florida, Xiong Wanli says that in 1990s-era China, “making money was really too easy”....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Honour culture cleaves people into two tribes: your family and your enemies. Loyalty to family comes first....
...The fund also owns the Moto motorway services business and the Pension Insurance Corporation Group. The RAC transaction marks CVC’s first exit, or partial exit, from a company owned by the fund....
...$6bn acquiring single-family rental property buyer and operator Home Partners of America last month....
...For Silverstein, who grew up in a poor family in Bedford Stuyvesant, Brooklyn, the World Trade Center was a source of desire and agony....
...Don’t assume blue-chip companies are an insurance against disaster. Do reward companies which have sound cash flow, do what they say on the tin and avoid words such as “synergies”....
...Conversely a rapid recovery could see earnings recover faster than we expect.. 2:00pm GMT - Clyde Lewis of Peel Hunt has some v. interesting scenario work on the UK housebuilders: So for the base case...
...In 16 years as the first non-Japanese head of the company, he had wrenched the business from the edge of collapse to the forefront of the global auto industry....
...(FT) Anger at Boeing CEO’s exit package Families of people killed in crashes of Boeing’s 737 Max reacted with anger on Sunday at the revelation that the company’s ousted chief executive, Dennis Muilenburg...
...Steelworkers cannot leave their mills and family members cannot visit them....
...(FT) Business shuns Prince Andrew The Duke of York is losing corporate support for his charitable work, with companies including KPMG and insurance company Aon distancing themselves from the Queen’s second...
...Doing so would cause hardship for millions of families, and would also contract the economy as low income families cut back on spending....
...Mr Juffali — vice-chairman of the infrastructure, construction, insurance and autos conglomerate EA Juffali and Brothers, whom Mr Ghosn has known for about 20 years — could not immediately be reached for...
...The FT’s Leo Lewis has the full story here. Hays takes Broadway to the courtroom Depositions are typically unpleasant affairs for those facing inquiry....
...This money has been used to fund ever-bigger spending on players — while also benefiting the US billionaire Glazer family who owns the club....
...It might also soothe concerns about alternative credit providers like Provident, S&U, NSF and Morses Club.”...
...“It’s a small private club with a lot of back-patting.” Still, shareholders are refusing to give up their struggle for more influence....
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