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...In response to Glass Lewis, Abrdn said: “Jason provides significant experience as a CFO who has spent several years working in large public companies....
...Prospective John Lewis staff, or “partners”, can go to a dedicated website to find out what their interviews will involve. Questions for all seniority and skill levels are accessible....
...I don’t worry he will come in and think he will apply a Tesco culture to John Lewis.”...
...leo.lewis@ft.com...
...That was Leo Lewis and Kana Inagaki here in the Tokyo bureau of the FT, joining me for this discussion of Japan....
...Tesco veteran Jason Tarry will replace Dame Sharon White as chair of John Lewis and Waitrose....
...The market may be right, but Goldman tends to know a predator when it sees one. leo.lewis@ft.com...
...So instant noodles, you know, would travel well, that’s the point about them that they don’t need refrigeration, they don’t go off....
...Lewis pleaded guilty to fraud charges in January, following an investigation in which he was found to have passed on stock tips to friends, private pilots and a girlfriend....
...The John Lewis Partnership posted a pre-tax profit of £56mn for the year to January, compared with a £234mn loss the previous year, on sales of £12.4bn, up 1 per cent....
...Rita Clifton, deputy chair of John Lewis Partnership, said the group was “in good financial health with a return to profit, and [has] a strong balance sheet with record investment planned this year”....
...Nomura was also boosted by a rebound in fixed-income trading, which lifted revenues by 40 per cent year on year, pushing the wholesale banking division back to a pre-tax profit after a loss in the last quarter...
...bank, were eliminated from the search for a new president at a relatively early stage....
...In a report to clients on Thursday, Glass Lewis came out against the ratification of the pay for Goldman’s top executives in a non-binding shareholder vote at the bank’s annual general meeting scheduled...
...“Fast forward to today and central bankers in Asia can’t really at least currently [count on] a weaker US dollar and [Federal Reserve] rate cuts,” said Adarsh Sinha, head of the Asia rates and currencies...
...The appointment of Imatsu hands the top position at Goldman to a banker with a background in trading....
...Goldman Sachs’ asset management arm has bought a stake in the fast-growing private credit fund Kennedy Lewis Investment Management, as it looks to expand its reach in one of the hottest corners of private...
...“Next, M&S and John Lewis — you wouldn’t want to be in that [middle] market and not be one of those brands, but can they all do well at the same time? asked Hyman....
...Japan’s market bubble burst in the 1980s and has had a slow time recovering. Leo Lewis, the FT’s Asia business editor, was on the trading floor to witness the historic event for Japan....
...Addressing the court on Thursday, with an eye patch across his face, a visibly shaken Lewis said he had “made a terrible mistake”. “I broke the law....
...In its report, Glass Lewis said that the 15 months since Iger returned for a second stint as CEO “have provided management and an incrementally reconstituted board with adequate opportunity to launch a more...
...The game possesses a singular look, a synthesis of the analogue and virtual that was the result of a painstaking design process....
...One of the more immediate ones may be to force a debate on the desirability of corporate Japan still owning — and often concealing — the treasures it amassed in the 1980s. leo.lewis@ft.com...
...“Currency rates are not a target of monetary policy to directly control,” said Ueda in a press conference following the BoJ’s rate announcement....
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