Hints and tips:
...Credit Suisse staff are preparing to sue the Swiss financial regulator over $400mn of bonuses that were cancelled following the bank’s rescue by UBS....
...A group of international bond investors is drawing up plans to sue Switzerland in the US courts for expropriation over the losses they suffered after the state-orchestrated rescue of Credit Suisse....
...Eventually, one of the gazelles notices her; before long she has swapped the blue Morris for a black 2CV. It does not prove to be a good exchange....
...The FT reported earlier on Monday that Credit Suisse staff are making preparations to sue the Swiss financial regulator over $400mn of bonuses in the former CCAs that were cancelled following the bank’s...
...The head of Norway’s $1.5tn oil fund has slammed ExxonMobil’s decision to sue two shareholders over a climate proposal, pursuing the litigation even after they dropped the resolution....
Distressed asset investor David Tepper says trust in European debt issuance at stake
...Additional reporting by Stephen Morris...
...Ivanishvili tried to sue Credit Suisse in New Zealand, one of the countries — alongside Singapore and Bermuda — where the bank set up investment vehicles for wealthy clients....
...News round-up Boston Consulting Group sues GameStop claiming $30mn in unpaid fees (FT) Evergrande bondholders threaten to sue after being blindsided by $2bn claim (FT) Japan’s regulator extends allegations...
...Credit Suisse, which invested client money in Katerra debt via Greensill, is gearing up to sue SoftBank....
...Vitsoe (pronounced Vit-sue) is a curiosity in all kinds of ways....
...Even before the FDA formalised its crackdown, the growing regulatory uncertainty had sparked a management shake-up at Juul in 2019 and prompted Philip Morris International to call off talks about a $200bn...
...Then it planned one for Vectura, the inhaler business at the centre of a bidding war between private equity group Carlyle and Philip Morris International, the maker of Marlboro cigarettes....
...The firm said on Tuesday that its 155p-a-share offer, below rival Philip Morris International’s 165p bid, was final — calling a halt to a planned auction....
...Additional reporting by Owen Walker and Stephen Morris...
...mid-century cabinet by Maisie’s House £345 This 1950s record cabinet has been hand-painted by founder Chloe Kempster with a design inspired by the Bauhaus era. maisieshouse.co.uk Floral wall hanging by Sue...
...West Sussex-based Andrew Morris, who owns a property in Languedoc-Roussillon, is one....
...The challenge, according to Marcus Morris-Eyton, a portfolio manager at Allianz Global Investors, which owns a stake in the company, “will be balancing this transition towards a more sustainable business...
...Meanwhile, his group has been hit with applications for winding-up orders from creditors, DD’s Kaye Wiggins, Rob, and the FT’s Owen Walker and Stephen Morris reported....
...Additional reporting by Stephen Morris in London and David Keohane in Paris...
...Retail shareholders in Hong Kong, who own about a third of the bank, threatened to sue for lost earnings and it reignited a debate over whether HSBC should move its domicile back to Asia from London....
...Altria, the parent of Marlboro-owner Philip Morris USA, has ceased the sales and distribution services it had provided the San Francisco-based company....
...On our Behind the Money podcast, Philip Stafford, editor of FT Trading Room, and Stephen Morris, the FT’s banking editor, take a look at the future of financial services after Brexit....
...When the chairman’s agenda became clear earlier this week, shareholders led by Credit Suisse’s largest, Harris Associates, publicly threatened to oust and even sue the chairman if he and the board removed...
International Edition