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UniCredit SpA
UniCredit board member resigned after unsubstantiated leak accusation
...chief executive has courted controversy with his steadfast refusal to take a large loss to exit Russia swiftly and he reportedly fell out with politicians in Rome after a takeover of state-owned lender Monte...
February 27, 2023
Due Diligence
The $1mn fees roiling Miami’s golf clubs Premium content
...CMB Monaco, which is owned by Italy’s Mediobanca, caters to the ultra-wealthy from its headquarters in Monte Carlo....
April 11, 2024
FT Live
Global Banking Summit
The world's top gathering of leaders in finance
Tuesday, 3 DecemberLondon, UK
FT Globetrotter
New York uncorked: Manhattan’s coolest wine stores
...Some have even gone on to pursue careers in winemaking, such as Chris Cottrell of Bedrock in Sonoma, California, and the store’s former wine director, Stephen Bitterolf, who set up a German-wine importer...
March 26, 2024
Due Diligence
The Gulf oil company chasing $50bn in deals Premium content
...He accused the company of racial discrimination, alleging that executive Stephen Rust told Combs in late 2019 that “if he were Martha Stewart his brands would be more widespread”....
August 9, 2023
The Big Read
The condo king betting that Miami’s Covid-era boom is here to stay
...Letter in response to this article: Miami’s property boom has wreaked havoc / From Fernando Montes-Negret, Miami Beach, Florida, US...
December 3, 2023
FT Magazine
Extreme wildfires are here to stay. Can human beings really fight them?
...Because they believe they can put out the fire,” says Paulo Fernandes, associate professor at the University of Trás-os-Montes and Alto Douro....
July 13, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Due Diligence
Mega-merger in aisle 1 Premium content
...Job moves Senior Deloitte partner Stephen Cahill is leaving the Big Four firm after an investigation into inflammatory comments he made during a drunken tirade at a work event at the horseracing at Royal...
October 14, 2022
Jancis Robinson
The best Californian wines to buy now
...They were grouped by style and/or reputation, and at one of the six or seven tables, for example, was Opus One 2018, Harlan Estate 2016, Bond St Eden 2016, Colgin IX 2016, Eisele Vineyard 2014 and Ridge Monte...
April 16, 2022
Due Diligence
Deutsche Bank enters the WhatsApp chat
...supervisory board accepted an offer from Sewing and nine other members of the bank’s executive board to forego €75,000 each in variable pay, four people familiar with the matter told the FT’s Olaf Storbeck and Stephen...
June 24, 2022
UniCredit SpA
Prospects dim for merger of UniCredit and state-owned rival MPS
...Prospects of a merger between UniCredit and state-owned rival Monte dei Paschi di Siena are receding after the Italian government balked at conditions attached by UniCredit’s new chief executive Andrea Orcel...
July 15, 2021
HTSIThe Escape issue
Freedom, style, sex, power: the fetishisation of the fast car
...Extracted from The Age of Combustion – Notes on Automobile Design by Stephen Bayley, published by Circa at £19.95...
June 14, 2021
UniCredit SpA
UniCredit sounds out Orcel and Thiam as next chief executive
...Mediobanca’s chief Alberto Nagel, whose company is advising Monte dei Paschi, has also been approached....
January 13, 2021
News in-depthEuropean banks
Europe’s bank bosses under pressure
...But lurking in the background for any incoming chief executive is the prospect of UniCredit being forced by politicians to take over the beleaguered state-owned lender Monte dei Paschi di Siena — a deal...
January 25, 2021
Watches & Jewellery
Why museums bring more than kudos for jewellers
...“That doesn’t mean that [people] are going to come and buy a piece of jewellery because of it,” says Stephen Webster, whose Jewels Verne fighting fish bracelet has been in the V&A since 2014....
April 10, 2021
FT AlphavilleSujeet Indap
Wachtell, Teneo and the ‘darker arts of influencing the public discourse’
...That underling then gave the letters to the Teneo’s Stephen Cohen, who then passed them along to the WSJ....
July 8, 2021
FT Live
Global Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
News in-depthJean Pierre Mustier
Why UniCredit’s Jean Pierre Mustier fell on his sword
...Additional reporting by Stephen Morris in London...
December 3, 2020
Financial fraud
Jail terms for 13 bankers over Monte Paschi scandal
...Additional reporting by Stephen Morris in London In May 2022 an appeal court acquitted all 13 defendants mentioned in this article, and in October 2023 Italy’s highest court upheld the acquittals....
November 8, 2019
Banca Monte dei Paschi di Siena SpA
Jail time sought for ex-Deutsche, Nomura staff over Monte Paschi scandal
...Italy took a 70 per cent stake in Monte Paschi in 2017 in a precautionary recapitalisation....
May 16, 2019
Due Diligence
Coronavirus deals a blow to M&A boom Premium content
...He will be replaced by Stephen Bird, a former executive at US bank Citigroup. More here....
July 1, 2020
ReviewNon-Fiction
High Performance — a tale of how Britain dominated the sports car cult
...Still, the story of MG, Jaguar, Cooper, Lotus and the Monte Carlo Rally-winning Minis transcends any such limitations....
May 24, 2019
News in-depthUS insurance industry
Reinsurers benefit from calm amid the storm
...“I’d be surprised if you don’t see another hardening of rates,” said industry veteran Stephen Catlin, who has just launched a new venture called Convex....
September 5, 2019
Bank stress tests
Barclays and Lloyds among worst performers in EU stress tests
...In 2016, Monte dei Paschi posted a negative capital ratio in the test and had to raise €5bn in capital to plug the shortfall....
November 2, 2018
News in-depthEuropean companies
UBS investment bankers fear for future as their star departs
...Still, the ex-Merrill dealmaker — long rumoured as a potential boss at clients including Deutsche Bank, Intesa Sanpaolo, UniCredit and Monte dei Paschi — has finally made it to the summit, by hopping from...
September 27, 2018
European companies
Santander names UBS’s Orcel as new chief executive
...It gave Santander a strong presence in Brazil as well as ownership of Italy’s Antonveneta, which Mr Orcel subsequently helped Santander to “flip” in a lucrative sale to Monte dei Paschi....
September 25, 2018
Nilanjana Roy
Should we really feel guilty about ‘guilty pleasures’?
...Treasure Island and The Count of Monte Cristo were his “happiness drugs”. We each have our own private stash. Join our online book group on Facebook at FTBooksCafe....
November 9, 2018

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