Hints and tips:
...Or Chinese consumer boycotts of H&M, Nike and Adidas for refusing to buy cotton grown in Xinjiang, given concerns over forced labour?...
...And this dollar amount probably underestimates the Spac money looking for sustainability deals, said Kristi Marvin, founder of Spac Insider....
...The Soros vs Fink team spat highlights this. BlackRock ploughs on in China, Soros deems investing in China a ‘tragic mistake’. Yes, we understand the organisational momentum around investing in China....
...Marvin Loh at State Street says past experience shows that forward guidance from the Fed “will be successful in keeping targeted rates in check”....
...gillian.tett@ft.com Follow Gillian Tett with myFT and on Twitter Letter in response to this column: Compliance hasn’t carried much weight in the past / From Robert H Wade, London School of Economics,...
...Meanwhile, mid-market department stores such as JCPenney and Macy’s have lost ground to the likes of Amazon and fast-fashion brands such as H&M. More importantly, can they survive?...
...In January, Larry Fink, chairman and chief executive of BlackRock, announced that corporate responsibility would become a focus of the fund management house....
...Now, it’s an H&M, but the late-19th-century building remains untouched....
...He has already installed Randal Quarles as vice-chair of financial supervision at the Fed’s board, and economist Marvin Goodfriend has been named to be one of the governors....
...Larry Fink, chief executive of BlackRock and a member of the BRT, last year called on businesses to strive to make a positive impact on society in addition to delivering profits....
...Mr Trump has two other Fed board nominations pending: Michelle Bowman, a top bank regulator from Kansas, and Marvin Goodfriend, who is a Carnegie Mellon professor....
...The prospects for Marvin Goodfriend, a former Richmond Fed economist, are more questionable however after he experienced a rocky confirmation hearing in the Senate....
...The decision comes as Donald Trump makes a series of changes at the helm of the US central bank, bringing in Randal Quarles to be its head of financial supervision and nominating Marvin Goodfriend to be...
...Meanwhile, the nomination of another proposed governor, Marvin Goodfriend, has become stuck in the Senate after some lawmakers were unimpressed at his nomination hearing....
...Last week’s nomination of Marvin Goodfriend, analysed in this earlier column, is a case in point....
...His great-grandfather started G H Walker and Co, an investment bank that was sold to Merrill Lynch in 1978. He also set up the Walker Cup amateur golf tournament....
...Larry Fink, BlackRock’s chief executive, has long aspired to build a thriving private equity business....
...“We believe closing stores will also allow us to adjust our business to effectively compete against the growing threat of online retailers,” Marvin Ellison, chief executive, said....
...Two former alums of buyout group TPG have joined the firm as partners: Geoffrey Fink (who is also a director and investor in Mayfair wine club 67 Pall Mall) and Andrew Dechet....
...Then Marvin Ellison, who helped turn around Home Depot, took over as chief executive last August. Together, they have done some of the basics, including cutting costs....
...Fink ran hedge fund Man Group from 2000 to 2007, during the heyday of its quant fund AHL....
...Winton, founded by David Harding, the “H” in AHL, is up 2.2 per cent, a decline on the sector-defying 9 per cent return it generated for 2013....
...(H/T Dan McCrum.) Related link: Goliath – The Economist...
...In 1997 Michael Adam and Martin Lueck – the A and L – established Aspect Capital while David Harding – the H – left to set up Winton Capital....
...Related links: House Republicans warn Obama admin on troubled housing agency – Reuters Questions on Accuracy Delay Much-Awaited F.H.A. Audit – NY Times FHA Digging Out After Loans Sour – WSJ...
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