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...Institutional Shareholder Services, another high-profile shareholder adviser, is recommending shareholders vote in favour of Abrdn’s proposals at its meeting....
...Like Hammack, he had previously been talked about as a potential candidate for chief financial officer. Goldman and Millennium declined to comment on Berlinski’s move....
...Internal reviews of audit work failed to spot poor quality work, such as not properly checking certain financial transactions, according to the settlement....
...Houlihan Lokey has hired Scott Kirkby as a managing director for its European financial services and technology team. He previously worked for Bupa....
...It is traditional and sensible to exclude the financial sector when valuing the market, because financials generally and banks in particular cannot be sensibly valued on earnings....
...At best, it generates “proto-picks”: companies with promising sets of financial characteristics that, with further work, might turn into stock picks....
...The shift makes Citadel Securities the latest financial services company to increase its reliance on Big Tech cloud services and is a win for Google as Silicon Valley companies host more business traditionally...
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...It admitted 10 breaches, including of compliance with ethical standards....
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...The Financial Times first reported that Cfius was scrutinising the transaction last July, amid concerns in Washington over the UAE’s ties to China....
...Macro hedge fund Brevan Howard is cutting about a hundred jobs amid a period of poor performance at the firm....
...Oil and refined products is one area where the available data on supply levels, demand patterns and logistical variables has ballooned in recent years, Barrack told the Financial Times....
...Wells Fargo and Wilmington Savings Fund Society are named in the suit having allegedly provided administration services to FCI. They have been contacted for comment. How big a deal might all this be?...
...The Financial Times last week asked Apollo about its billing practices after the appeals court ruling....
...The Financial Conduct Authority’s new Consumer Duty is being hailed as a game-changer, raising standards of consumer protection (and jargon removal) across the sector....
...TPG has invested in partnerships such as talent agency Creative Artists Agency and registered investment adviser LPL Financial in recent years, and last year it made an unsuccessful pitch to buy into in...
High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen
...It has also been barred from taking on new clients in Canada for failing to meet professional standards in public company audits there, and founder Ben Borgers has been censured in Colorado over the poor...
Decision hurts David Handler’s chances of securing potentially millions of dollars in equity he sought from the elite M&A boutique
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...Investigators found that KPMG staff shared questions and answers to mandatory internal exams covering US auditing standards, professional ethics and managing conflicts of interest over the course of at least...
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