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Banks in turmoil
Credit Suisse: the rise and fall of the bank that built modern Switzerland
...Nine months after joining the board, he fell out with board members over several issues including his breach of Covid-19 quarantine restrictions to attend both the Wimbledon men’s singles tennis final and...
March 24, 2023
Confederation of British Industry
CBI settles legal action brought by former head Tony Danker
...It made heavy cuts last year, including a redundancy programme, and had to seek banks’ support....
February 5, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
New York Community Bancorp Inc
NYCB shares sink after flagging problems with internal controls
...Cangemi will stay on as a member of NYCB’s board of directors. NYCB said one member of its board, Hanif Dahya, had resigned because he did not support DiNello’s appointment as chief executive....
March 1, 2024
Due Diligence
Nelson Peltz gets shut out of the magic kingdom Premium content
...Thomas Robertson, who serves on the board, intends to retire....
April 4, 2024
Bloomberg LP
Bloomberg overhauls management team with Mark Carney to lead new board
...Billionaire Michael Bloomberg has appointed a chief executive to his media and financial services empire and installed a board of directors headed by former Bank of England governor Mark Carney....
August 21, 2023
News in-depthPost Office Ltd
The City grandees who let the Post Office fight to the bitter end
...Tom Cooper Post Office board 2018-2023 Cooper, former Deutsche Bank global M&A chair, was a non-executive board member representing the government....
January 14, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
The Week Ahead
Iowa kicks off Republican presidential nomination process
...The big news will be the start of the US primaries, with Republican party members in Iowa casting the first ballots to choose their candidate for the 2024 presidential election....
January 14, 2024
LexCamilla Palladino
The Lex Newsletter: Italian board votes deserve a slating Premium content
...Executives should play no part in selecting the directors who will oversee their work. The process by which potential board members are identified needs to be sturdy and transparent....
October 4, 2023
Scoreboard
The $50,000 test of the Olympic model Premium content
...He’s widely thought to be a possible contender for the IOC presidency, although we’re all waiting to see how incumbent Thomas Bach will handle calls from some members to extend his mandate beyond the time...
April 13, 2024
Due Diligence
The billionaire Houdini of commercial property Premium content
...Ross Levinsohn, a director at The Arena Group, the publisher of Sports Illustrated, has resigned as a director, stating in a filing the “abhorrent actions of this board over the past six weeks leave me no...
January 26, 2024
Due Diligence
How a music mogul’s royalties bet got funked up
...As the oil industry continues to be a hotbed of debate, John Hess intends to weigh in on energy transition conversations as a member of Chevron’s board....
October 26, 2023
Due Diligence
Buyout billionaires and top dealmakers walk into a room Premium content
...Job moves Todd Leland, president of Goldman Sachs’ international unit and a member of the bank’s powerful management committee, will retire at the end of the year and become an advisory director, according...
October 18, 2023
Due Diligence
Meet Europe’s most powerful banker Premium content
...Enter Chris Licht, the veteran TV producer handpicked by Zaslav to help bring more rightwing voices to the network — an outlook shared by billionaire “cable cowboy” and Warner board member John Malone....
August 31, 2023
Due Diligence
The $156bn PE firm with a succession problem Premium content
...As the industry consolidates, Ardian recently met with investment banks to review whether to pursue a deal to buy another firm. “Size is important in this business,” one board member said....
November 22, 2023
FT Magazine
Colm Kelleher was always meant to become Europe’s most powerful banker
...Early on Sunday morning, Kelleher, along with an entourage of UBS executives and board members, travelled to Bern, the Swiss capital....
August 30, 2023
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Disrupted Times
Headache for carmakers as UK backtracks on green agenda
...European Central Bank board member Fabio Panetti said European defence spending would be more efficient if the EU could raise its own debt and provide common funding to support investment, echoing calls...
September 20, 2023
Due Diligence
Keep your friends close and private equity tycoons closer Premium content
...Vodafone has sought to introduce more heft to its board since the start of 2022, when it came under fire from activist investor Cevian Capital for its lack of non-executive directors with telecoms experience...
April 26, 2023
Adani Group
The paper trail revealing hidden Adani investors Premium content
...Both Och and Sculptor’s board members have accused one another of not acting in the best interest of shareholders. It’s fair to say that Och has a lot of skin in the game....
September 1, 2023
FT Moral Money Forum
Why nature’s future underpins the future of business
...In November, a legal opinion published in Australia created fresh jeopardy for board directors by concluding that they could be held personally liable for breaching diligence and duty-of-care obligations...
November 30, 2023
News in-depthConfederation of British Industry
CBI sent into tailspin by sexual misconduct allegations
...“The dominoes are starting to fall,” said one board member of a leading retail bank....
April 21, 2023
Due Diligence
Michael Klein: I just want you Spac for good Premium content
...Already a member of BT’s board, she’ll replace outgoing boss Philip Jansen as the British multinational’s first female chief executive by January at the latest....
August 2, 2023
Confederation of British Industry
CBI shunned by UK government as it probes sexual misconduct claims
...“Soon after Easter, the CBI board expects to have preliminary findings and actions from the first phase of the investigation.”...
April 5, 2023
LetterOne Holdings SA
‘Look, we’re not sanctioned’: how Holland & Barrett owner cut ties with Russian investors
...The Russians still own the business but the board is no longer accountable to them, he said, which means an unusual amount of responsibility for the directors....
December 9, 2022
News in-depthUK economy
FT economists survey: ‘anaemic’ economy needs ‘investment, investment, investment’
...Thomas Pugh: Significant reform of the planning system....
January 2, 2024
FT CollectionsWar in Ukraine: economy and trade
The shadowy network smuggling microchips into Russia
...former director of strategic trade and non-proliferation at the US National Security Council....
November 12, 2023

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