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...Job moves KPMG’s UK chair Bina Mehta has been reappointed for a second term....
...“They don’t have the myopic short-termism of western capitalism.”...
...“Brand building is so important — without brand awareness, short-term advertising doesn’t work,” he adds....
...This was designed to avoid a repeat of 2008, when investors pulled their cash at short notice....
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...Last month, Pick warned the wealth management business would fall short of profitability targets in the near future. Now come some cuts, which appear to be mostly targeted at support functions....
...Cohen’s departure makes her the second woman on Goldman’s management committee to announce plans to leave in recent weeks....
...But Elliott’s latest public offer remains well short of where analysts say it needs to be for Currys to engage....
...They contrast a PE fund owner such as in the Eurovita example — where a short-term investment horizon and structure might clash with a life insurer’s needs — with an insurer that sits on the balance sheet...
...In the short-term, higher interest rates have come to Hargreaves Lansdown’s rescue....
...“It is a real short-term opportunity, but the pain comes at the absolute worst time,” said one private equity executive....
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...Congress has passed a short-term spending bill to avert a partial US government shutdown, giving Capitol Hill leaders more time to work out a permanent funding solution and freeing up lawmakers to focus...
...Mads Holm, chief financial officer of Equinor Renewables will leave the energy company to serve as chief financial officer of ISS Group, the workplace and facility management company....
...It also borrowed against its management company two years ago to raise $930mn, most of which was to invest in future funds, the FT previously reported....
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