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TikTok Inc
TikTok’s US revenues hit $16bn as Washington threatens ban
...As potential acquirers circled, former Treasury secretary Steven Mnuchin said on Thursday he was putting together a consortium to make a bid for the platform, although he did not provide financing details...
March 15, 2024
Houthi movement
The mysterious Iranian ship accused of lining up the next Houthi targets
...UK defence secretary Grant Shapps last month highlighted concerns about Iranian ships loitering off Yemen....
March 9, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
China hits out at US push to ban TikTok as Steven Mnuchin plots bid
...Beijing has hit out at US legislation to ban TikTok as former Treasury secretary Steven Mnuchin said he was assembling a consortium to buy the app from its Chinese owner....
March 14, 2024
Due Diligence
Steven Mnuchin cashes in on a banking crisis . . . again Premium content
...In today’s newsletter: Mnuchin profits from NYCB crisis A look at the ‘eccentric’ company behind Temu Trump’s Treasury secretary finds opportunity in NYCB’s rescue Steven Mnuchin is on track to earn...
March 7, 2024
TikTok Inc
China hits out at US push to ban TikTok as Steven Mnuchin plots bid
...Beijing has hit out at US legislation to ban TikTok as former Treasury secretary Steven Mnuchin said he was assembling a consortium to buy the app from its Chinese owner....
March 14, 2024
New York Community Bancorp Inc
NYCB to raise $1bn in deal led by Steven Mnuchin’s investment firm
...New York Community Bank will raise more than $1bn in a deal led by the investment firm of former US Treasury secretary Steven Mnuchin, in an effort to shore up its finances and calm fears after weeks of...
March 6, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News in-depthNew York Community Bank
How Steven Mnuchin pulled off a $1bn deal to steady a teetering US bank
...When New York Community Bank reignited concerns about US regional banks by revealing big losses from commercial real estate loans at the end of January, Steven Mnuchin spotted his chance to get back into...
March 8, 2024
News updates from March 6: Nikki Haley ends White House run; NYCB to raise more than $1bn in deal lead by Steven Mnuchin’s firm
New York Community Bank to raise more than $1bn in deal led by Steven Mnuchin’s firm
...New York Community Banck is set to raise more than $1bn in a deal led by the investment firm of former Treasury decretary Steven Mnuchin aimed at shoring up its finances after more than a month of turmoil...
March 6, 2024
New York Community Bank
Number of weak US banks jumps as NYCB stabilised on $1bn capital raise
...The number of problem banks in the US has jumped 18 per cent, regulators warned, as New York Community Bank was stabilised by a $1bn capital raise led by former US Treasury secretary Steven Mnuchin....
March 8, 2024
TikTok Inc
ByteDance’s US investors weigh options as bill to ban TikTok advances
...On Thursday, former Treasury secretary Steven Mnuchin said he was putting together a consortium to make a bid for the platform, although he did not provide details on how he would finance the transaction...
March 15, 2024
LexUS banks
NYCB has only bought time with $1bn lifeline Premium content
...A day after the embattled regional bank received a $1bn lifeline from a consortium of big name investors led by former US Treasury secretary Steven Mnuchin, management spoke of the “beginning of a new chapter...
March 7, 2024
Gillian Tett
What TikTok tells us about the paradox of markets right now
...Maybe a second Trump administration would repeat the pattern of the first and outsource most fiscal decision-making to the (relatively) steady hand of Steven Mnuchin, his former Treasury secretary....
March 14, 2024
Letter
Letter: Capping litigation funding fees would be a mistake
...However, concerned that litigation funding fees — which are paid only if the case is successful — can sometimes eat up a significant portion of the compensation awarded to the claimants, the UK justice secretary...
March 6, 2024
FirstFT
FirstFT: Joe Biden to propose big tax rises in State of the Union address
...More banking news: New York Community Bank will raise more than $1bn in a deal led by the investment firm of former US Treasury secretary Steven Mnuchin. 2....
March 7, 2024
FirstFT
FirstFT: The main takeaways from Biden’s State of the Union speech
...The number of problem banks in the US has jumped 18 per cent, regulators warned yesterday, as New York Community Bank was stabilised by a $1bn capital raise led by former US Treasury secretary Steven Mnuchin...
March 8, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
COP28
How each country’s emissions and climate pledges compare
...The UN secretary-general António Guterres has castigated the slow pace of progress, saying national pledges are “strikingly misaligned with the science.”...
December 3, 2023
FT Swamp Notes
Washington DC’s red herring on TikTok’s ‘digital fentanyl’ Premium content
...Yet there is also something unseemly about former US Treasury secretary Steven Mnuchin’s manoeuvring to get control himself....
March 15, 2024
Israel-Hamas war
In maps: Israel’s forced evacuations in Gaza
...The IDF’s decision was made public the day after a visit by Antony Blinken, US secretary of state, who reiterated a warning that Israel needed to operate in a more surgical manner in southern Gaza than it...
December 1, 2023
FirstFT
FirstFT: US investors consider their TikTok options
...Meanwhile, former Treasury secretary Steven Mnuchin said he was interested in owning the Chinese-owned company. “It’s a great business,” he said in an interview with the CNBC television channel....
March 15, 2024
Climate change
‘Hot mess’ as Earth heads for warmest year on record in 2023
...Earth is nearly certain to experience its hottest year after October smashed temperature records, with the UN secretary-general blaming governments for “runaway climate carelessness” by failing to cut fossil...
November 8, 2023
UK Covid inquiry
Hancock wanted to decide ‘who should live’ if NHS overwhelmed, Covid inquiry told
...Former UK health secretary Matt Hancock wanted the right to decide “who should live and who should die” if hospitals were overwhelmed with patients suffering from Covid-19, the ex-head of NHS England has...
November 2, 2023
Gillian Tett
Do not discount the chance of a Trump return
...(The one notable exception, I am told, is Steven Mnuchin, former Treasury secretary; he might well come back....
November 16, 2023
Climate change
El Niño expected to cause floods and heatwaves into early 2024, warn scientists
...With this year already set to be “the warmest on record”, 2024 may be “even warmer than 2023”, said WMO secretary-general Petteri Taalas....
November 19, 2023
News in-depthAsia maritime tensions
The rusting Philippine ship forcing Joe Biden and his Asia allies to focus on China
...Richard Armitage, a former US deputy secretary of state, said Japan was the most important ally, particularly because it helped the US overcome the “tyranny of distance” presented by the great expanse of...
April 10, 2024
The Big Read
The Islamist insurgents threatening west Africa
...When asked by reporters if the US was now paying closer attention to the instability on the doorsteps of its allies, Molly Phee, the US assistant secretary of state for African affairs, said on Thursday:...
January 21, 2024

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