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...In 2019, Citi’s then-chief executive Michael Corbat named him as head of Citi’s large institutional client group, which also includes the bank’s transaction services business....
...The New York-based broker, led by billionaire Howard Lutnick, had sued Xavier Alcan, who was a long-serving partner at the group’s London office, alongside a tax adviser called Michael Viney....
...The brokerage, a unit of Warren Buffett’s Berkshire Hathaway, was the last remaining defendant in cases that the National Association of Realtors trade group agreed to settle for $418mn in March....
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...An educational technology empire rapidly assembled by Byju’s during a pandemic funding boom is now set to be dismantled, as what was once India’s most valuable start-up looks to asset disposals to settle...
...In previous “carriage disputes”, media groups such as Disney had most of the leverage thanks to the demand for their programming....
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...Random bonus tests, unforeseen traps and peer-voted eliminations rapidly change individual fortunes and destabilise group dynamics....
...Last week, a verdict was passed down in the case of Walkers Snack Foods Ltd v Commissioners for His Majesty’s Revenue and Customs, with first-tier tribunal judges Anne Fairpo and Sonia Gable ruling against...
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...Klaviyo is using almost $60mn of the proceeds of its IPO to settle outstanding RSUs....
...Prices were hiked in 2021, with at least one customer charged more than double the contract cost, which resulted in a wave of cancellations and a class-action lawsuit that Tesla paid $6mn to settle....
...That trend holds more broadly, reports Bloomberg: Blackstone Inc. recently sought a $250 million loan at a rate of around 4.75 percentage points over the US benchmark to finance its planned purchase of...
...CNN has installed a group of executives — Amy Entelis, Virginia Moseley and Eric Sherling — to lead the network while it searches for a permanent leader....
...In March, the group admitted to holding more than $3bn of its reserves in now-collapsed Silicon Valley Bank....
...Horizon had also attracted interest from French drugmaker Sanofi and US pharma group Johnson & Johnson....
...A class-action suit followed, with Meta paying $725mn to settle without admitting any wrongdoing....
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...Airbus chief executive Guillaume Faury will relinquish his role as head of the planemaking business to Christian Scherer, current group chief commercial officer, said two people briefed on the situation....
...In eerily close timing to that prediction, Murdoch on Thursday seemed to settle the psychodrama once and for all....
...Johnson & Johnson reported a first-quarter loss as it booked a $6.9bn charge linked to its proposal to settle tens of thousands of legal claims related to allegations its talcum powder caused cancer....
...It haemorrhaged money and had to pay regulator $412mn to settle the charges. Och stepped down and handed the investing reins to his protégé Jimmy Levin....
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...At one point a grouse settles atop a hill directly in front of us. Smith and I approach cautiously, shotguns at the ready. “This is your one opportunity,” he whispers, almost saucily....
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