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...The share gains were fuelled by its fast-rising assets under management, which eclipsed $1tn for the first time, and its inclusion into the S&P 500 index....
...Blackstone merged its credit and insurance investment operations in September in preparation for a push into asset-backed lending markets, Gray and co-founder Stephen Schwarzman have told shareholders....
...Stephen Robins KC, representing the claimants, argued in written submissions that LCF had been “a Ponzi scheme from the outset” as it used “new investors’ monies to pay returns to existing investors”....
...Gavin Stephens, chair of the National Police Chiefs’ Council, said a recent recruitment drive meant officer numbers were now up by 2.5 per cent since 2010....
...He’s also met the firm’s president, Jonathan Gray. Below is the Financial Times’ live-updating UK poll-of-polls, which combines voting intention surveys published by major British pollsters....
...The financial results and optimism about the investment landscape from Gray and chief executive Stephen Schwarzman on the conference call helped to push Blackstone shares 2.4 per cent higher on Thursday....
...The tribunal also raised “genuine concern[s]” about meetings held between the investigating officer and appeals officers and found they breached the Acas code that laid out best practice for disciplinary...
...stephen.bush@ft.com...
Chief CS Venkatakrishnan sets out ambitious plan to boost revenue and revive bank’s depressed valuation
...City Football Group said at the time of the announcement last July that the brand “align[s] with our values” and also “allows us to explore further expansion in key markets”....
...Add in $15bn in pending deals and Stephen Schwarzman and Jonathan Gray’s deal machine is revving into full force....
...Now try this Although I am distraught about the end of Radio 3’s weekend jazz programme, J to Z, I am very happy indeed that its new schedule moves the wonderful Night Tracks an hour earlier....
...The drop in average bonus was much smaller than 2022’s 25 per cent plunge, as firms sought to hang on to top bankers and traders, a sign that many expect a fall in interest rates this year will lead to a...
...Tuesday’s share price drop extended the plunge in the Austin-based carmaker’s stock this year to 33 per cent, making it one of the worst performers in the S&P 500 with a trajectory that continues to diverge...
...In February, Rishi Sunak posed for photos beside Blackstone founder Stephen Schwarzman at the groundbreaking ceremony for the private equity giant’s new European headquarters in London....
...The slowdown has sent Tesla’s shares down 31 per cent this year, making it the second-worst performer on the S&P 500....
...Fear and loathing in Westminster Terrorism in Great Britain has two significant sources: Islamist terror, which has made up about 67 per cent of attacks since 2018, about three-quarters of MI5’s caseload...
...Starmer’s inner circle | Sue Gray, the former UK civil servant who played a key role in the downfall of Boris Johnson’s administration, is rapidly emerging as a pivotal figure in Labour high command as the...
...Joanna S Kao Stephen Foley is the FT’s US accounting editor. Thanks, Stephen. Stephen Foley Thanks so much....
...Canada’s main stock index, the S&P/TSX Composite, has advanced 31 per cent since 2019, compared with a 74 per cent gain for the S&P 500....
...too much on the extreme right (which is responsible for 22 per cent of attacks since 2018, makes up 28 per cent of those in custody for terrorism-related offences and accounts for about a quarter of MI5’s...
...Canada’s main stock index, the S&P/TSX Composite, has advanced 31 per cent in the last five years, compared to a 74 per cent gain for the S&P 500....
...Jonathan Gray at Blackstone has been waiting in the wings to take over from Stephen Schwarzman for years.But beyond this sector, more companies are choosing, or being forced to, think about the next in line...
...Over that same period, the S&P 500 has surged more than fourfold; even mainland China’s underperforming Shanghai Composite has far outdistanced the Hong Kong bourse....
...ITV’s Post Office drama is part of a long history of politically significant drama going as far back as 1966’s BBC drama Cathy Come Home. But something worth worrying about, I think, is this....
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