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...The HSBC probe found that £65mn in profits from PPE Medpro were transferred to The Warren Trust, whose beneficial owner was Barrowman and registered in the Isle of Man, £45.8mn of which was then transferred...
...A year ago, Blackstone’s Stephen Schwarzman even went on NBIM chief executive Nicolai Tangen’s podcast to talk about “what it takes”....
...Proposals such as those championed by Senator Elizabeth Warren for a tax on the value of assets, and the Biden administration’s so-called billionaire’s tax on unrealised capital gains, “will be blessed or...
...Stephen Foley is the FT’s US accounting editor....
...New Balance chair Jim Davis gave $2.5mn, private investment banker Warren Stephens and venture capitalist Tim Draper each gave more than $2mn, and Jane Street co-founder Rob Granieri contributed $1mn....
...One thing to start: Warren Buffett’s Berkshire Hathaway sold 10mn shares of Apple in the final three months of 2023, cutting into a position that the so-called Oracle of Omaha has described as one of the...
...Often colourful, in 2019 Sun paid $4.6mn at a charity auction for dinner with legendary investor Warren Buffett....
...“Animal spirits need to be there,” he said on Tuesday in an interview with Stephen....
...Lawmakers including Elizabeth Warren, the progressive Democratic senator from Massachusetts, repeatedly asked Becker and Shay if they would return their pay to the Federal Deposit Insurance Corporation,...
...There he entertained everyone from King Charles III and Queen Camilla to the Clintons, Warren Buffett, Madonna, James Dyson and Arnold Schwarzenegger....
...Warren Buffett’s Berkshire Hathaway, which has made billions off a $230mn bet in the Chinese group back in 2008, has been selling down its holding since 2022....
...“It really is the dawning of the Chinese automotive-making era,” said Stephen Dyer, partner and managing director at consultancy AlixPartners in Shanghai....
...Warren argued that the Office of the Comptroller of the Currency, which had to sign off on the deal because it is JPMorgan’s primary regulator, should have refused to do so....
...But Elizabeth Warren, the progressive Democratic US senator from Massachusetts, said in a statement on Friday that Powell needed to be “held accountable”, having “failed in his responsibility to supervise...
...A Big Read by Stephen Morris and Harriet Agnew unpacked the issues skilfully. The so-called basis trade in Treasuries is the new big short....
...Progressive Democratic senator Elizabeth Warren said the failure of First Republic underscored “how deregulation has made the too big to fail problem even worse”....
...This is true not just of Rupert Murdoch, Warren Buffett and Stephen Schwarzman (92, 92 and 76 respectively) who built the companies they lead....
...UBS’s has been redesigned and is sleek and modern and glass and metal, whereas Credit Suisse’s is much more old, grandiose architecture, small, narrow warren-like corridors and more old Switzerland than...
...The private investment banker Warren Stephens has donated to former Arkansas governor Asa Hutchinson....
...Past a neat front garden and inside the warren of brightly lit rooms, colourful woven alpaca rugs hang from the walls, and marble sculptures depicting lovers embracing, birds in flight and woodland animals...
...The recent visit to Tokyo of Warren Buffett came with the revelation that he was interested in expanding his Japan portfolio....
...Its warren of rooms feature curse dolls, ancient talismans and – my forever favourite – a mock-up of the “wise woman’s cottage” where “Old Joan” recites spells and charms to passers-by....
...It also unlocked a big windfall for the firm’s top ranks, the FT’s Stephen Foley revealed late on Friday, thanks to a $1.3bn debt deal with Apollo....
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