Hints and tips:
...In the meantime, the Eni deal would at least be a way of funding some growth back home. nathalie.thomas@ft.com This story has been updated to correct the valuation of Vår Energi relative to Eni....
...Evergrande will continue to build homes, he said. “The Group will still strive to do everything possible to ensure the stability of domestic business and operations.”...
...out of blockbuster deal to create insurance giant with Humana (FT) Occidental Petroleum agrees $12bn deal to acquire CrownRock (FT) Brookfield chides US bank regulator for ‘secret’ auction of housing loans...
...With an array of elegant 18th-century furniture (some on loan from the V&A), books, fittings and works by Gainsborough and his contemporaries, the rooms exude a quiet domesticity....
...Davis Polk has poached M&A partner Thomas Malone and finance partner David Penna from Latham & Watkins. They are based in New York and Washington, respectively....
...Thomas Dane Gallery now represents the in-demand South African multimedia artist Igshaan Adams (born 1982), his first UK representative....
...PE 2.0 Private equity used to abide by a simple formula, writes the FT’s Helen Thomas: buy, fix, sell....
...And finally — back to ethics perhaps — who will decide when it can go home again?...
...Freeman said he hailed from an affluent New Jersey suburb and had created the Wyoming LLC for his Bed Bath shares to avoid his home address being listed....
...House & Home has been looking at how NFTs can secure you a home in the metaverse....
...More loans were allegedly given by Cox & Kings to V Hotels, a struggling beachfront property bought by Peter and Urrshila’s father, Ajit, in 2001....
...The bank assisted almost 2m small businesses with credit and loans through a number of schemes, including the Paycheck Protection Program....
...Instead Hertz was forced to take a $1.65bn loan with an interest rate approaching 10 per cent. ‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...The CBI also wants the government to defer VAT payments for a further quarter next year, and to extend the loan guarantee scheme that has supported bank lending to businesses....
...The writedown is just one more setback for Thomas Gottstein, who inherited the top job at Credit Suisse in February following a corporate spying scandal and has since spent his year navigating dual fiascos...
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...“The industry as a whole . . . is well prepared,” Thomas Gottstein, chief executive of Credit Suisse, told the Financial Times....
...Navigating the disruption has been complicated by up to 90 per cent of staff working from home for months on end....
...Job moves The private equity firm Thoma Bravo has hired Oliver Thym as a partner to lead its credit platform. He was previously a partner and head of the private credit group at Goldman Sachs....
...The AlphaCentric Income Opportunities fund lost more than 30 per cent of its value last week owing to its heavy exposure to home loans to borrowers with lower credit scores....
...Chief executive Thomas Buberl, who in April hit out at the confusion over dividend policy, defended its payout as “a balanced approach”....
...The UK’s Help to Buy scheme, which subsidises the costs of home ownership for first-time buyers with cheap loans, was introduced by the British government to tackle a perceived crisis of affordability....
...When Thomas Cook collapsed last September, its acquirer Nets warned that the failure could cost it up to €200m....
...SoftBank founder predicts WeWork V for Victory Masayoshi Son admitted today he had turned a “blind eye” to governance lapses at WeWork but promised a “sharp V-shaped recovery” for the shared offices provider...
...Thomas Hale 98....
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