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...The sanctions meant the businessmen had to relinquish control of the group they set up to invest their fortunes, and prompted the firm to introduce a new governance structure headed by City grandee Mervyn...
...It is now led by Lord Mervyn Davies, a former UK Labour government minister. It said its cash represented 90 per cent of the money in Pamplona’s funds, with a value of about $5bn....
...Mervyn Davies, a senior banker and former Labour minister, said that it felt “as if the world has changed for the worse in a very fundamental way during the past few months”....
...Chair Lord Mervyn Davies, a former UK Labour government minister, will take control of the group, with Fridman and Aven resigning from the board....
...Lord Mervyn Davies, former UK trade minister and boardroom veteran, said there was “no escaping the fact that had some of the happenings in political circles happened in the business world there would have...
...The first thing Mervyn Davies did when Russian oligarch owners of LetterOne were sanctioned for their links to the Kremlin was to call in the decorators. “We did it literally the next day....
...Mervyn Davies, the former banker who was a minister during the post-crash period, said that the UK faced increased competition from cities such as New York, Frankfurt and Paris that made reform essential...
...Chair Lord Mervyn Davies, the former UK Labour minister, has taken control of the group, and told the Financial Times last week that he wanted to restructure the board with three new non-executive directors...
...In 1948, Mervyn Peake illustrated Dr Jekyll and Mr Hyde; this year, Peake’s own fantasy trilogy, Gormenghast, was illustrated by Dave McKean – and both books are still strong sellers....
...Mervyn Davies, chair of LetterOne said: “I am also determined to ensure that the 120,000 jobs throughout the UK, US and Europe are protected.”...
...Its non-executive chair is Lord Mervyn Davies, a former Labour minister, while Lord John Browne, former BP chief executive, stepped down last year as executive chair of the company’s energy arm....
...LetterOne — which is led by former UK Labour government minister Lord Mervyn Davies and has not itself been sanctioned — is suing Pamplona, saying it wants to inspect the private equity firm’s “books and...
...Joining me are Professor Anita Woolley from Carnegie Mellon University, and my FT colleague Dan Thomas, chief UK business correspondent....
...Mervyn Davies, chairman of private equity group Corsair Capital, said: “This is likely to get much worse before it gets better and certain industries will face extraordinary challenges,” adding: “There will...
...“It’s the Thomas à Becket phenomenon — when people move from state to church, or from academia to the central bank, they change their behaviour to better reflect the institution they now represent.”...
...Thomas Pugh: Not in 2023, but it is likely to have to raise taxes further ahead....
...Thomas Mayer of the Flossbach von Storch Research Institute expressed a similar statement via email: I suggest that we go back to the financial repression of the pre-1980s....
...According to Mervyn Tang, global head of ESG research at Fitch Ratings, disclosure is part of the “policy apparatus” in China, making stock exchanges a plausible tool for official policy....
...When I called up Vines to ask what had prompted this change of course, he referred to Thomas Kuhn’s theory of scientific revolutions....
...Hochberg Radical Uncertainty: Decision-Making Beyond the Numbers by John Kay and Mervyn King The Deficit Myth: Modern Monetary Theory and How to Build a Better Economy by Stephanie Kelton Trade Wars Are...
...Among the EU regulations some people — such as former Bank of England governor Mervyn King — have had enough of are Mifid II and the EU banker bonus cap, a post-financial-crisis rule that limits year-end...
...The uncertain future will send some readers back to history, represented in this year’s longlist by Thomas Levenson’s Money for Nothing....
...Capital and Ideology Thomas Piketty, Belknap Press, RRP$39.95/£31.95 Only Thomas Piketty would dare to write a book of more than a thousand pages in the confident expectation that it will become a bestseller...
...However, Mervyn King argues that while financial statements are critical, the sustainability report is meaningless without numbers....
...Thomas Jordan, chairman of the SNB, said during the referendum campaign that the Vollgeld initiative was “an unnecessary and dangerous experiment” that would damage the Swiss economy....
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