Hints and tips:
...Glencore’s former chief executive Ivan Glasenberg, chief financial officer Steven Kalmin and former board chair Tony Hayward are also named as defendants for some, but not all, of the claims....
...That could signal that, for now at least, the best of the coal trade is over, according to Barry Norris, chief investment officer at Argonaut Capital....
...Neil Purslow Chief Investment Officer, Therium Capital Management, London WC1, UK...
...The UK Serious Fraud Office and law firm Dechert are on the hook to pay potentially millions of pounds to Eurasian Natural Resources Corporation, after the High Court ruled major mis-steps by both parties...
...The Commons’ business and trade committee quizzed former bosses, auditors and industry experts about the reasons for the 92-year-old chain’s demise, which left the taxpayer on the hook for £42mn in redundancy...
...“We are having a cool-down of the economy, and aluminium products are very closely linked to GDP across the globe,” said Pål Kildemo, chief financial officer at Norsk Hydro....
...They added that dozens of items from different producers would have been used and that unless you could prove yours was not defective, you would be on the hook....
...Chief financial officer Peter Cunningham said the future direction of iron ore prices, which are down 10 per cent since January, would depend on what happens to the “extremely soft property market” in China...
...Evidence indicated that his colleagues also thought Apollo was on the hook for expenses....
...JPMorgan is on the hook for $2.9bn, BofA $2.1bn, Citi $1.7bn and Wells $1.9bn....
...Chief financial officer Christophe Salmon said Trafigura was taking legal action against the alleged perpetrator in “multiple jurisdictions”, the first time the group has indicated it is pursuing charges...
...Known as defined contribution plans, or 401k schemes, they put the onus on employees rather than leaving companies on the hook for future payments....
...“Rising physical climate risks will cause mounting economic and financial losses for governments,” Atsi Sheth, chief credit officer for Moody’s Ratings, told me....
...In his 44 years in uniform, the four-star officer saw his share of action overseas....
...Giuseppe Bivona, chief investment officer at Bluebell Capital, said his firm was not contacted even once, despite its outspoken criticism of Glencore’s climate plans and its calls for a coal spinout....
...Gunvor joins other trading houses in reporting record numbers, although Gunvor’s chief financial officer said last month that the 2022 profits were “probably a peak” due to changing market conditions this...
...“The magnitude of that is something that I don’t think any energy market has seen,” said Jeff Webster, group chief financial officer at Swiss-based Gunvor....
...KKR has added Ruchir Swarup as a partner and chief information officer. He was previously at BlackRock....
...“There is a clear way to do this deal,” said Giuseppe Bivona, chief investment officer at activist investor Bluebell Capital, which owns shares in both Teck and Glencore....
...Chief financial officer Jeff Dellapina told the summit that 2022 was a “cyclical high” in terms of profit. “Last year, performance was strong,” he said....
...She is to be replaced at Ares Capital by the unit’s chief accounting officer Scott Lem....
...Steven Kalmin, Glencore’s chief financial officer, said last month during an analysts’ call that “we will look to be dynamic around managing cobalt production and sales” to manage lower prices....
...The Silicon Valley-based company was founded by chair and chief executive William Santana Li and chief client officer Stacy Dean Stephens in 2013, in response to the shootings at Sandy Hook, the Boston bombings...
...“Meanwhile, the firms that mis-sold these schemes seem to have been let off the hook and tax avoidance schemes continue to be promoted.”...
...The “I want to live” hotline started ringing off the hook....
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