Hints and tips:
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...That attitude is why most people aren’t corporate lawyers....
...Particularly for Peel Hunt, one of Victoria’s corporate brokers....
...We maintain a voluntary supplier finance program (SFP) with a financial institution which provides certain suppliers the option, at their sole discretion, to participate in the program and sell their receivables...
...Simpson Thacher & Bartlett has hired Ed Ford and Sacha Gofton-Salmond as partners on its secondaries team, based in London. Both join from Travers Smith....
...The problems with DNP are common across old corporate Japan, but so is the potential upside....
...Hertz with OJ Simpson. Nike with Tiger Woods and Lance Armstrong. Pepsi with Michael Jackson, Mike Tyson and Madonna (you might recall the furore over her “Like a Prayer” video)....
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...kadhim@ft.com / sid.v@ft.com...
...The defining technology merger of 1998 was Microsoft’s purchase of Compu-Global-Hyper-Mega-Net, Homer Simpson’s internet start-up, for an undisclosed price....
...It told investors on Tuesday it would take $241mn in “brand portfolio impairment charges” and a separate $241mn in “Russia-Ukraine conflict charges”, relating to its need to write off receivables and the...
...Iain Simpson, analyst at Barclays, said Haleon would benefit from independent control of its balance sheet....
...The exposure, based on end-2021 figures, was made up of $8.2bn at its investment banking and retail banking operations in Russia through corporate and consumer loans, local government debt, reverse repurchase...
...Simpson Thacher & Bartlett has hired Erica Rozow as a partner focused on Erisa-related aspects of investment fund matters, based in New York. She joins from Kirkland & Ellis....
...A version of this article was first published by Nikkei Asia on July 22. ©2022 Nikkei Inc. All rights reserved....
...“You can have a corporate entity use that for branding, but more importantly, you can then get to tell a story about how [much of a] cool and forward-looking brand you are.”...
...Here is the sell-off in the S&P over the past month, compared with an index of the very riskiest corporate bond spreads....
...In an emailed statement to the Financial Times, the Japanese group said that “prudent risk management, strong corporate governance and internal controls have been the foundation of Tokio Marine’s enduring...
...As a partner at New York powerhouse law firm Simpson Thacher & Bartlett, he had helped Henry Kravis prevail in the $25bn brawl for RJR Nabisco in 1989....
...The deluge of corporate climate pledges are yet to translate to meaningful action, as only a handful of the 159 companies responsible for more than 80 per cent of global industrial emissions have set adequate...
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...If there is a sense from this earnings season that confidence in a V-shaped recovery for profits is misplaced, then the impact will probably be hardest on companies with weak balance sheets, and on those...
...She joins the firm’s San Francisco Bay Area office from Simpson Thacher & Bartlett in Palo Alto....
...There was a surprise profit, which can be wholly explained by the sale of regulatory credits; an accounts receivable balance unaffected by a 19 per cent quarter-on-quarter decline in revenues; a yearly operating...
...Soon, the company’s advertising department hired a young athlete named OJ Simpson and proclaimed itself “the superstar in rent-a-car”....
International Edition