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...“The majority of people said that their bill is either unaffordable now; will be in the future; or they don’t know if they will be able to afford it,” said Mike Keil, CCW chief executive....
...In 2020, then democratic presidential candidate Mike Bloomberg used a platform called Tribe to pay an army of creators to generate memes at $150 per post....
...Enter stage right New York-based hedge fund FourWorld, whose chief investment officer John Addis told the FT that the deal was “one of the most egregious cases we have ever seen” of a majority shareholder...
...Pia Sinha, chief executive of the Prison Reform Trust, said there “should be no reason now in 2024 why some prisons are still unable to provide access to online legal visits”....
...Outgoing chief executive Mike Roberge says the firm is poised to launch its first ETF as early as this year....
...News round-up Trump media company co-founders allege ‘stock grab’ in lawsuit (FT) Hedge fund manager Greg Coffey in talks to acquire EM boutique Emso (FT) Mike Ashley’s game of spoof over legal bill ‘...
...The US sent its last package of lethal aid to Ukraine from its stockpiles in December but has been unable to send more since congressional funds have run out....
...Job moves Saga, the UK provider of services to over-50s, has said its chief executive Euan Sutherland will be replaced by its chief financial officer Mike Hazell....
...Jonathan Maxwell, chief executive of investment firm Sustainable Development Capital, says: “Our version of stock selection is usually project selection. Targets and goals stimulate new projects....
...“CEOs have to ensure AI is trustworthy,” says Ken Chenault, former chief executive of American Express and co-chair of the Data & Trust Alliance, a non-profit consortium of large corporations that is developing...
...The loss of trust has wider implications, according to several City bosses. Sir Douglas Flint, chair of fund manager Abrdn, said that a functioning democracy required trust in its leaders....
...Yet the company’s accounting was so poor that much of the funds allegedly came from accounts that held customer deposits....
...The model “is not scalable”, says Nick Moakes, chief investment officer of the Wellcome Trust, a £37.8bn endowment that allocates to the platforms....
...Costs are only part of the equation for clients, said Mike Barrett, director at the Lang Cat consultancy. “It is about the trust and the relationship and the peace of mind,” Barrett said....
...Funding issues have become a wider problem for the service, according to Siva Anandaciva, chief analyst at the King’s Fund....
...it had already raised funds from Qatar on different terms at the time of the Abu Dhabi investment....
...And as Mike Barrett of consultants the Lang Cat points out: “Advisers are not paid to deliver social policy. They are running businesses.”...
...Commemorating 1973 is important because “the blueprint was put down [then]”, said Matthew Phillip, chief executive of Carnival Village Trust, which oversees the event....
...Today, there are about 365,000 Bloombergs on the desks of investment bankers, bond traders, equity analysts, pension fund managers, sovereign wealth funds and central bank officials....
...News round-up Blackstone president warns market is overestimating chance of Fed rate cuts (FT + Lex) Ontario Teachers fund steers clear of crypto after $95mn FTX loss (FT) Credit Suisse accused of dishonest...
...BoI chief executive Myles O’Grady told the Financial Times the wealth business, including pensions, investment and insurance, was “an important part of our strategy, a source of growth for the business”....
...Mike Weston, chief executive of LGPS Central, which manages the pooled assets of eight Midlands-based funds, says pooling has resulted in cost savings, but it is clear that the government wants to move “...
...Capital Group has tapped Mike Gitlin, its head of fixed income, to become its next chief executive, as the world’s largest active asset manager continues expanding beyond its roots in US equity funds....
...Chief executive Alan Shaw released a letter the next day saying the company had established a $1mn community support fund and promising, “We will not walk away, East Palestine.”...
...It added that it had “significant” exposure to FTX and expects any recoveries of funds from the exchange to be “delayed”....
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