Hints and tips:
...“We did not master plan this or anything related to it,” Zhao said. “It was less than 24 hrs ago that SBF called me....
...Enron was not a demonstration that all energy markets were fraudulent, nor was [Bernie] Madoff an indicator of all hedge funds” said Michael Silberberg, of crypto hedge fund Alt Tab Capital, after the sentencing...
...Yet the company’s accounting was so poor that much of the funds allegedly came from accounts that held customer deposits....
...Even after calling a truce with the Saudi sovereign wealth fund last June, LIV poached Masters champion Jon Rahm....
...BlackRock, the world’s largest money manager, and Jio Financial Services each plan to invest up to $150mn in the 50-50 venture....
...The pair had front-row seats as Saudi Arabia’s sovereign wealth fund bankrolled rebel series LIV Golf and took on the establishment....
...The popular enthusiasm for equities has waned a little since the meme stock frenzy which swept the world at the height of the Covid pandemic, delivering some rich rewards to early investors while hitting...
...Chan, a lawyer with a master’s degree from Harvard, has a lower international profile than Aguzin. As co-COO, her responsibilities include strategy and “mainland development”....
...Why would a young billionaire, running the world’s most successful start-up, risk illicitly borrowing billions to fund risky crypto trades?...
...“We said publicly that we would not use customer funds like this.” Asked who he meant by “we”, Wang said simply: “Sam”....
...Five years after Kotak Mahindra became a bank in 2003, Wall Street plunged the world into financial crisis....
...In 2002, Xiong moved to the US to pursue a master’s degree at Harvard....
...Former colleagues described him as a “genius of process technology”, while in the media he was heralded as a “master of semiconductor yield”. But his career stalled in 2010....
...Funds needed as Premiership Rugby’s crisis darkens While England’s biggest football clubs entertain record-breaking takeover interest, the same cannot be said for their counterparts in rugby union....
...Premier League chief executive Richard Masters warned of lasting damage to the game if the government got it wrong....
...The FT’s Brooke Masters examines why Santander and Bank of Montreal still haven’t given up....
...That those investors included masters of the universe like Rupert Murdoch and Oracle’s Larry Ellison is shocking but not surprising: even Isaac Newton fell for the South Sea Company’s pitch....
...We have seen the recovery fund compared to the Master Liquidity Enhancement Conduit, better known as the Super SIV....
...Su Zhu, one half of the master team behind collapsed crypto hedge fund Three Arrows Capital, decided to comment in public. Naturally, it was via Twitter....
...At Fidelity, he used what Lynch once described as “the smallest CEO office in the world”....
...Incoming chief executive Laxman Narasimhan faces the daunting task of navigating America’s culture wars and economic turmoil, writes the FT’s Brooke Masters....
...There’s a big professional eSports scene including the LoL World Championships, which just ended, and had a prize pool of $2,225,000....
...Some envy the success of alternative managers in introducing products for the very rich, such as real estate and credit funds launched by Blackstone, the world’s largest private equity group....
...“We’ll always have geopolitical issues, this world is never not going to have problems,” she added....
...Then Intel struggled to master mass production in two consecutive process technology generations. This allowed TSMC to pull ahead not only in scale but also in technology....
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