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...More than £900mn has been wiped off the value of Canary Wharf Group’s office buildings, as the financial district landlord secured backing from lenders for a £553mn debt deal....
...Other regulators, including Ofgem, the Financial Conduct Authority and the Prudential Regulation Authority, have internal audit capability requirements, the CIIA said in its letter....
...The complaint was filed in the US District Court for the Northern District of Texas....
...In the second, Department of Justice special counsel Jack Smith charged Trump for allegedly mishandling classified documents, including information on US nuclear programmes....
...Italy’s finance police raided the headquarters of Serie A football club AC Milan on Tuesday as part of an investigation into potential irregularities over its 2022 sale by US hedge fund Elliott Management...
...The Gemological Institute of America considers itself the world’s foremost authority on gemmology....
...Apparently, Apollo Global Management has other priorities....
...Officials at the Dover Port Health Authority, which is part of Dover District Council, have raised the alarm that commercial volumes of illegal meat have been making their way to the UK through non-trade...
...Hunt declined to say if Thames Water could head into a special administration regime, saying the Treasury “prepare for all possible outcomes in situations like this”....
...While Thames Water’s management has long insisted that Kemble’s travails should not have an impact on the regulated utility, the water company’s bonds also traded down....
...Wu Qing, the new head of CSRC, last month emphasised that “regulators must pay special attention to fairness issues.”...
...The Treasury has now offered to hold a special meeting to discuss the acute pressures facing councils as a result of the housing crisis, Holt said....
...The Special Interest Group of Municipal Authorities (Sigoma), which represents 48 urban councils across the North and Midlands and along the south coast, told the Financial Times that five of its members...
...Department of Justice special counsel Jack Smith alleged Trump tried to keep the material from authorities, including storing boxes in a shower on his Mar-a-Lago estate....
...The US tax authority puts limits on acquirers’ use of tax losses to deter pure arbitrage transactions....
...Tom Kent, CEO of the Nebraska Public Power District, and Mike Innocenzo, chief operating officer of Exelon, have been appointed first and second chair, respectively....
...Higher profits come from efficient management, avoiding fines for pollution, efficient collection of bills and the diligent management of installed capital and effective investment in new assets....
...Mark Dowding, chief investment officer at RBC BlueBay Asset Management, said the impact of any intervention would be expensive and temporary....
...For more than three decades, he has been the driving force behind Canary Wharf Group, owned since 2015 by Canadian giant Brookfield and the Qatar Investment Authority....
...In the blink of an eye, street thugs become spandex-clad wrestlers with superpowers; special moves trigger kaleidoscopic eruptions of colour. For all its zaniness, the game is not lightweight....
...One thing to start: Welcome to your special year-end edition of FT Asset Management. We’ve pulled out five themes that dominated in 2023. What have we missed?...
...The wealth management industry is not without sympathetic advisers, either....
...The scheme first attracted the scrutiny of the UK’s tax authority in 2010, according to the ruling that was handed down last week....
...“Afterwards, he wrote a letter to management, politely removing himself from any further watch exhibitions.”...
...Canadian giant Brookfield and the Qatar Investment Authority acquired the estate in 2015 for £2.6bn....
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