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UK banks
Iran used Lloyds and Santander accounts to evade sanctions
...PCC UK, Rejal and Fahimi did not respond to requests for comment. Lloyds Banking Group said it could not comment on individual customers but complied with sanctions laws....
February 5, 2024
Klarna AB
Klarna’s reclusive co-founder buys up shares using opaque structure
Jacobsson used right of first refusal to buy company stock and used veto rights to exercise influence despite leaving in 2012
March 9, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
News in-depthCryptocurrencies
$100mn in crypto payments traced to Myanmar-based ‘scammers’
...The ownership of KK Park is unclear and its operators could not be reached for comment....
February 25, 2024
Letter
Letter: Dynamic pricing, or as we used to say ‘Happy Hour’
From Simon Herring, Walesby, Lincolnshire, UK
April 15, 2024
News updates from February 5: King Charles diagnosed with cancer, McDonald’s blames war on weak sales
Iran used Lloyds and Santander accounts to evade sanctions
...Iran used two of the UK’s biggest banks to covertly move money around the world as part of a vast sanctions-evasion scheme backed by Tehran’s intelligence services....
February 4, 2024
Q&AThe Questionnaire
Adele Parks: ‘I like drinking champagne and margaritas, although not at the same time’
...He wasn’t used to bathing me or my sister, consequently the entire experience was fraught....
April 15, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
Correction
Correction: ‘Left Is Not Woke’
...Susan Neiman’s book is titled Left Is Not Woke, not Woke Is Not Left, as wrongly stated in a book review in March 23/24’s Life & Arts....
March 22, 2024
Aerospace & Defence
European defence groups warn over reliance on Chinese cotton used in gunpowder
...Cotton linters, a byproduct and a primary ingredient needed to produce nitrocellulose, are used in artillery shells and other explosives....
April 8, 2024
Boeing Co
Boeing rejects whistleblower claim of 787 safety risks
...Steve Chisholm, Boeing’s chief engineer for mechanical and structural engineering, told reporters that the carbon fibre composites used to build the jet had successfully endured stress testing that far exceeded...
April 15, 2024
News updates from January 24: Joe Lewis to plead guilty in insider trading case, Microsoft passes $3tn market cap
US strikes three facilities in Iraq used by Iranian-backed militias
...The US military has struck three facilities used by Iranian-backed militias in Iraq in response to escalating attacks against US and coalition bases in Iraq and Syria, as the war between Israel and Hamas...
January 23, 2024
News updates from January 23: Turkey votes for Sweden’s Nato bid, Netflix adds 13mn new subscribers
US strikes three facilities in Iraq used by Iranian-backed militias
...The US military has struck three facilities used by Iranian-backed militias in Iraq in response to escalating attacks against US and coalition bases in Iraq and Syria, as the war between Israel and Hamas...
January 23, 2024
ExplainerNuclear proliferation
How could nuclear weapons be used in space?
...Even the existence of such a device might have a deterrent effect, whether it was ever used or not. “The US military uses space in a very effective way,” Acton said....
February 25, 2024
FT SeriesThe world’s best house museums
House museums #63: Max Liebermann
...Not so about the facade, which looks too much like a farmhouse: I want a country house built by a city dweller.”The end result would be an elegant villa in the Hamburg classicist style, his “castle by the...
April 13, 2024
Letter
Letter: Starmer and Reeves not ‘winging it’ like the Tories
...I think journalists have become so used to Tory politicians “winging it” that they are totally unprepared for some serious politics....
April 16, 2024
Jemima Kelly
In remembrance of Davos times past
...I’m not altogether convinced....
January 17, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
LexReddit Inc
No, Reddit is not a meme stock Premium content
...An IPO price of $34 a share is a sizeable step down from the $61.79 per share that Reddit used in a September 2021 convertible stock offering....
March 21, 2024
Artificial intelligence
Speed of AI development stretches risk assessments to breaking point
...That used to take a couple of years; now it’s a couple of months.”...
April 10, 2024
LexPrivate equity
Private equity is a test that university endowments risk flunking Premium content
Elite private colleges have used the ‘Yale model’ to great success but that approach now seems questionable
April 16, 2024
UnhedgedRobert Armstrong
UK stocks are not all that cheap Premium content
...The three curses overlap to an important degree (many of the biggest stocks are growth stocks, and so on), but not entirely....
March 25, 2024
News in-depthCarvana
Carvana makes U-turn away from financial abyss
...Even with record sales in 2021, Carvana did not generate positive free cash flow or net income....
March 21, 2024
Markets InsightSatyajit Das
Currency wars are not what they used to be
...Second, devaluation boosts accounting incomes, with foreign earnings translated at a more advantageous rate, but does not improve cash flow unless the amount is repatriated and converted....
October 2, 2023
Jan Marsalek
Wirecard fugitive helped run Russian spy operations across Europe
...He could not be immediately reached for comment....
April 5, 2024
Moral Money
Why the renewables market does not work Premium content
...“Where half of GDP is going to existing debt repayments, that’s not remotely possible.”...
March 29, 2024
UK housebuilding
Michael Gove lays out plans to boost housebuilding on used land in England
...However, industry experts said that even fully tapping brownfield land will not be enough to meet long-term housing needs....
February 13, 2024
Gardens
Beauty and the balcony: horticulture is not just for house dwellers
...Many people do not own the large spaces normally associated with RHS gardens....
April 17, 2024

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