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...The deal was one of several recent examples of private equity firms investing in the professional services industry....
...Insurer Aspen is targeting New York instead of London for its planned $4bn initial public offering next year, partly because of management concerns about valuations and more stringent listing requirements...
...US hedge fund Baupost Group is suing the new owner of part of London’s troubled Royal Albert Dock development, a scheme once seen as symbolic of deepening UK-China ties....
...The tech giant is also running a 10-year partnership with Deutsche Börse, while New York’s Nasdaq is working with Amazon Web Services....
...Meta has also terminated leases on two of its three offices in Manhattan, New York. “The past few years have brought new possibilities around the role of the office,” Meta said....
...“It would also increase the cost of issuing new debt, which will be borne by US taxpayers to the tune of billions or tens of billions of dollars a year.”...
...Smart reads American football US investors now own more than a third of the 92 professional teams in England’s top four soccer leagues, Bloomberg News reports....
...The salons promised unusual excitement for the relatively traditional London male. Until then, one Turkish barber told me, British men were used to a minimal service....
...Her responsibilities eventually went beyond the decor; she also created the mudroom full of Wellington boots for guests to borrow, and the proper teatime service in the summer salon....
...Deloitte has sharply scaled back its London office space in one of the most significant reductions of real estate by a UK professional services firm since the pandemic triggered a shift to hybrid working...
...The wine list is extensive and expensive, service is slick and the atmosphere is determinedly after-dark. Designer Martin Brudnizki has blended a little of Ripley, a bit of boho and a lot of Soho....
...Element Capital sustained a roughly $1bn loss last month, making the New York hedge fund run by Jeffrey Talpins one of the highest-profile victims of the October tumult across bond markets....
...In the US, 80 per cent or so of economic activity is wrapped up around the service sector, and all of a sudden we were told you can’t go to restaurants and bars and nail salons. So what did we do?...
...new, unrelated FedNow payment system is a CBDC....
...boss takes helm (FT) Highland Europe raises €1bn fund for start-up investing despite slowdown (FT) Bank of England warns insurers over ability to sell down assets in a crisis (FT)...
...legitimate counterparties by telling start-ups to wire money to new accounts....
...Walker and Andrew England....
...One of the industry’s earliest major deals was H&F’s 2014 sale of a $750mn minority interest in Kronos, a seller of cloud-based time sheet services, to a group of buyers led by Blackstone, that were willing...
...Despite this, without a claim from the original owners (which, in England, should be made within six years of the sale), buying and selling of the Kandinsky continued through the art market....
...offerings, including Germany’s Bundesliga, Spain’s La Liga and England’s FA Cup....
...Five more stories in the news 1....
...“None of our services could be considered being facilitation of evasion of any sanction regime,” he added. Reed Smith declined to comment....
...In the investor letter, Englander outlined some of the steps it took to attract investment talent in 2021, a year in which the fund gained 13.61 per cent with a Sharpe ratio of 4.82: introducing a new title...
...Apple reveals new financing armApple has bigger ambitions than we thought for furthering its financial services....
...its investment in language tutoring service Berlitz....
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