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...Retired US partners of Grant Thornton have stepped up their fight for a bigger share of the proceeds from the sale of the accounting firm, hiring lawyers to challenge management over the terms of the deal...
...After a fractious call with Grant Thornton’s management last week, retirees said the sum they were offered was unfairly low, in some cases coming up short by $1mn or more....
...He is already proving a valuable addition to the Board and management teams.”...
...Senior partners at the accounting firm BDO USA are in line for a big windfall after the arrangement of a $1.3bn debt deal with Apollo Global Management, according to people familiar with the situation....
...A critical part of First Boston’s strategy was a close partnership with Credit Suisse’s wealth management and trading operations, which is unlikely to continue under UBS’s ownership, the people said....
...“Professional services firms don’t normally do overhauls of management teams. They do it slower,” said one senior recruiter when told about the overhaul....
...In response to questions about his high-profile social media campaigns, which often include lengthy posts, Ackman told investors he remains fully engaged in the management of Pershing Square....
...His investment nous won him admirers among Wall Street royalty including Oaktree Capital Management co-founder Howard Marks and Blackstone’s Stephen Schwarzman....
...secure energy transition, says BlackRock Governments and the private sector must work together to achieve the scale of investment that’s needed for the energy transition to be effective, according to Stephen...
...Most CQS staff, including chief executive Soraya Chabarek, will stay on as the firm is folded into Manulife Investment Management, which has $746bn in assets under management....
...Job moves Deutsche Bank has appointed BlackRock’s Stephen Fisher as global head of political affairs....
...Viggiano, 26, had passed on material non-public information to co-defendant Stephen Forlano, according to an indictment unsealed on Thursday....
...Effron and Pruzan also earn a management fee to run the firm....
...It was time, they said, to talk about the “admittedly not so sexy” function of treasury management....
...Patients have been urged to continue using 999 and A&E for life-threatening conditions but to use NHS 111 online, pharmacies and GPs for non-urgent issues....
...And management notes that customers are shying away from big-ticket items and taking on less ambitious home improvement projects. Management’s outlook for the rest of the year came with a wide range....
...Although both co-founders have driven the firm’s culture, Pruzan takes the lead on internal management, a crucial function as the bank has widened to 500 employees and 70 partners....
Joe Ucuzoglu to take over as accounting firms debate how to respond to EY break-up plan
...Glass Lewis is co-owned by Canadian private equity firm Peloton Capital Management and Canadian businessman Stephen Smith. The companies did not immediately respond to requests for comment....
...Cerberus is close to bagging $14bn at the supermarket In 2006, Cerberus Capital Management was mostly an afterthought in a mega buyout of the US grocery chain, Albertsons....
...News of the deal comes months after Walgreens was forced to abandon its planned sale of the Boots pharmacy chain in the UK after struggling to draw interest from buyers, a move it blamed on market conditions...
...Stephen Evans, chief executive of the Learning and Work Institute, a think-tank, is not optimistic about change happening any time soon....
...rules allow law firms to hire government lawyers and continue working for clients “even if the former government lawyer would himself be disqualified because of his work at the government agency”, said Stephen...
...“It’s been on the market for five years,” said Stephen Rawlinson, analyst at Applied Value. “Because they [Amey] had quite a number of troubled contracts.”...
...“It’s not about inadequate regulation — including having the right people in management and boards with the right incentives — it’s about applying the oversight, governance and supervision controls within...
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