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NatWest Group
Ex-NatWest CEO breached data laws during Farage account scandal
...In a ruling seen by the Financial Times on Wednesday, the ICO concluded Rose inappropriately shared Farage’s personal data in an inaccurate way....
October 26, 2023
Adidas AG
Adidas scores a hit with first batch of unsold Yeezy shoes
...On Monday shares in Adidas rose 1.2 per cent while the wider German stock market remained unchanged....
April 17, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Steinhoff International Holdings
South Africa regulator levies record fine for individual against former Steinhoff chief
...“This is the largest fine we’ve ever levied on an one individual,” Unathi Kamlana, head of the FSCA, told the Financial Times....
March 20, 2024
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
Ex-Steinhoff chief Markus Jooste dies
...Sources said Jooste was facing the prospect of arrest in South Africa, though an arrest warrant was issued for him in Germany in recent months for the alleged fraud. Read more here...
March 21, 2024
South Africa
Ex-Steinhoff chief executive Markus Jooste dies of gunshot wound
...Jooste’s death comes a day after the country’s financial regulator issued a record individual fine against the 63-year-old of R475mn ($25mn) for publishing false financial statements between 2014 and 2017...
March 21, 2024
UK banks
Debanking complaints to UK financial ombudsman surge
...Figures published on Sunday showed individuals and businesses made almost 3,900 complaints about account closures to the Financial Ombudsman Service in the year to April 5 — an increase of 44 per cent from...
April 21, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
FT Globetrotter
Move over, Milka: Zürich’s cool bean-to-bar chocolate scene
...Unlike Laflor and Garçoa, he occasionally makes an exception for the use of vanilla in certain bars and is not afraid to experiment however with wacky additions such as popping candy, rose petals and rapeseed...
March 27, 2024
The Big Read
The painful slump in Hong Kong property
...Prices rose 1 per cent month-on-month in March....
May 8, 2024
News in-depthNHS England
Does going private hurt the NHS?
...Private patient admissions rose 36 per cent from the beginning of 2021 to the end of September 2023, according to the independent Private Healthcare Information Network (PHIN), an organisation paid for by...
May 10, 2024
London fights for its future
State-backed Coutts plans shift away from UK equities
...an inclusive organisation”.The incident, which toppled NatWest boss Dame Alison Rose, led to the resignation of Coutts chief executive Peter Flavel last year....
May 2, 2024
ReviewMusic
Vibraphonist Joel Ross raises the roof with Good Vibes at Vortex Jazz Club, London — review
...As the evening unfolded, solos rose to peaks, supple interplay provided rhythmic bounce and themes materialised out of nowhere....
April 12, 2024
Anjli Raval
Beware the rise of the everything adviser
...In our polycrisis world, businesses keep getting caught on the back foot and chief executives are exiting companies abruptly: see Bernard Looney at BP, or Dame Alison Rose at NatWest, and Daniel Le Vesconte...
March 25, 2024
Atos SE
French government seeks to buy assets from Atos
...Atos shares rose about 17 per cent in morning trading in Paris on Monday....
April 28, 2024
Blackstone Group LP
Blackstone warns that private equity cannot return capital ‘overnight’
...It doesn’t happen overnight,” Jonathan Gray, president of Blackstone, told the Financial Times in an interview....
April 18, 2024
News in-depthNikkei Asia
Chinese bottled water giant Nongfu Spring under fire from nationalists
...Luwei Rose Luqiu, an associate professor at Hong Kong Baptist University, said such online flare-ups were not uncommon. “Nationalism is a profitable business in China,” she said....
March 20, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Climate change
EU regulator urges action on climate threat to insurance
...Continental European commercial property insurance prices rose at the start of the year for the 22nd consecutive quarter, according to an index from broker Marsh....
April 22, 2024
Anna-Maria Volkmann
The ‘gender health gap’ shortens lives and costs billions
.../ From Professor Richard Rose, University of Strathclyde, UK; Visiting Fellow European University Institute, Florence; Wissenschaftszentrum, Berlin...
April 24, 2024
Rana Foroohar
The crippling home insurance crisis hitting America
...The cost of homeowner’s insurance in the US rose 23 per cent from January 2023 to February 2024, even as coverage in many places is decreasing....
April 29, 2024
News updates from November 30: US diplomat Henry Kissinger dies aged 100, US says Indian official directed foiled plot to kill Sikh separatist in New York
European equities edge higher as data raises hopes of eurozone inflation softening
...Spanish inflation fell further than expected to an annual rate of 3.2 per cent in November, its first decline since June....
November 29, 2023
Mortgages
UK mortgage rates fall for first time since 2021
...The data follows other indicators of an improving outlook for the UK property market. House prices rose at the end of last year, according to the mortgage providers Halifax and Nationwide....
January 30, 2024
EY
EY drops appeal against German sanctions over Wirecard audits
...But EY’s overall audit revenue in Germany still rose 8.4 per cent to €714mn in 2023, compared with a year earlier, he added....
March 26, 2024
KPMG UK
KPMG UK partner pay climbs despite slowdown
...However, a cull in the firm’s senior ranks, which left the partnership at its lowest level in more than two decades, meant that average individual payouts rose....
January 30, 2024
The Art Market
Sotheby’s to sell Chicago trader’s £13mn collection
...Individual works from his estate include three by Robert Ryman (estimated up to £2mn); Agnes Martin’s late “Untitled” (2001, £400,000-£600,000) and Andy Warhol’s early Shipping Label work, “Fragile” (1962...
May 9, 2024
Renewable energy
Banks find clean-energy allies in fight against stricter capital rules
...The comment period for the Basel III endgame proposal ended in January and attracted more than 300 letters from bank lobbyists, groups representing borrowers and from various industries and individuals....
March 5, 2024
Watches & Jewellery
Watchmakers work to keep artisanal crafts alive
...Scheufele says that such time-consuming flourishes attract clients seeking an individual watch, including “a younger crowd of collectors looking for the extra mile”....
April 9, 2024

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