Hints and tips:
Related Special Reports
...A Signa Group company transferred more than €300mn to two entities controlled by the family of its Austrian founder René Benko before the collapse of the property giant, according to financial documents...
...Creditors of René Benko’s Signa have filed a criminal complaint with Austrian anti-fraud prosecutors, calling for an urgent investigation into the collapsed property group....
...Gonzalo Garcia, Goldman’s then co-head of European investment banking, quit shortly after being left off the committee....
...Austria’s anti-corruption prosecutors have opened an investigation into property mogul René Benko for allegedly defrauding a bank....
...Property tycoon René Benko, founder of the Signa group, has filed for personal insolvency in Austria, as a corporate empire that spanned luxury properties and department stores across Europe and the US unravels...
...When Gabriel García Márquez died in 2014, a decade had passed since he last published a work of fiction....
...Is the book’s publication a mark of disrespect or (whisper it) evidence of a desire to cash in? Plainly put, you might say it doesn’t matter: García Márquez is beyond caring or knowing....
...Further reading:— Signa unravelled: inside René Benko’s debt-laden property empire (FT)— Signa sold prized KaDeWe property at cut price (FT)— How Austria’s political elite helped René Benko’s rise (FT)...
...For years René Benko cultivated close political relationships in his native Austria....
...René Benko’s two foundations, which are opaque, sit at the top....
...Francisco Garcia is the author of “We All Go Into the Dark: the Hunt for Bible John”, published by Mudlark/HarperCollins Follow @FTMag to find out about our latest stories first...
...I understood – for the first time, first-hand – that venturing beyond the safety of a pool into a lake, river or ocean is about volumes more than a mere physical challenge....
...Billionaire property developer René Benko has been ousted from his real estate empire Signa amid a cash crunch that threatens to hit European lenders exposed to the indebted Austrian group....
...Liechtenstein’s chief public prosecutor has opened an investigation into the financial affairs of the Austrian property mogul René Benko for possible money laundering and fraud in the tiny, secretive alpine...
...Timo Herzberg, an appointee and ally of Signa founder René Benko, has had his contract terminated with immediate effect, the group said on Monday evening....
...ESG investing “appears to be going through a period of existential crisis as flows, while still positive in absolute terms, dwindle as a proportion of total flows, particularly within equity”, Garcia-Zarate...
...The rapid unravelling of the group has left lenders across Europe racing to assess their exposure to the business empire of Austrian billionaire René Benko and work out what claims they might have on Signa...
...Signa has appointed a new chair to spearhead a restructuring of the indebted European property group after shareholders rebelled against founder René Benko....
...In today’s newsletter: An Austrian money trail UAE deals face scrutiny in UK China’s ‘snowball’ derivatives melt Signa’s missing millions The collapse of billionaire René Benko’s property empire Signa...
...Garcia vowed a high-speed U-turn. His company would slash costs and its heady ambitions for growth would take a back seat to proving efficiency....
...In November, one of Globus’s ultimate co-owners, René Benko’s Signa Group, collapsed. This tale is really Signa’s story....
...So its founder René Benko did one of the things he did best: he threw a party....
...John Warren’s letter “Plaudits for piece tackling the civilisation myth” (February 23) invokes a difference in notation to trivialise western maths: the admitted superiority of Arabic algebraic symbols over...
...According to people with knowledge of its dealings, one of the early pieces of business the division wrote was a bridge loan to help property group Signa and its owner René Benko buy a 50 per cent stake...
...KaDeWe, Germany’s most famous and exclusive department store, filed for administration on Monday, becoming the latest casualty of René Benko’s crumbling property empire....
International Edition