Hints and tips:
...BDO last year took an alternative approach, opting to convert to an employee-owned corporation, funded by private debt....
...Greensill Capital’s administrator Grant Thornton and a spokesman for Lex Greensill declined to comment. Galligan did not respond to a request for comment....
...In recent decades, buyout groups such as Blackstone, KKR, Apollo and TPG have transformed from clubby partnerships into publicly traded corporations with large public market valuations....
...But the low acceptance rate by minority shareholders did not matter much to Kitao, who knows his way around the rules....
...Loewy, a suave French-born industrial designer who had a way of claiming credit where credit was not necessarily due. He did not design the Coke bottle, as the Loewy Foundation website still suggests....
...Some used credit cards, but others took out loans with fintech companies, fellow risers in India’s start-up scene that were often willing to take on risky credit traditional banks might avoid....
...Some asylum seekers are staying in a squat on Brussels’ Rue de la Loi, just next to the headquarters of De Moor’s party, CD&V....
...For financial institutions, meanwhile, credit risks loom large....
...Is that acceptance by regulators and other stakeholders happening here?...
...The pandemic, the war in Ukraine and a global energy crisis are just a few factors destabilising corporations....
...As ever, drop me a note at sid.v@ft.com if you’ve got thoughts and ideas for upcoming Future of Money newsletters....
...That’s the target of Valuable 500’s “Gen V” mentoring scheme, which pairs a senior executive with a young disabled employee....
...Corporation tax is a tax on investment not on shareholders, corporation tax revenue should be reduced to zero....
...Karin’s decisive actions in dealing with the Credit Suisse banking crisis earlier this year rescued the Swiss economy. We all owe her a debt of gratitude....
...Its $440bn credit arm makes more business loans than some midsize banks, making it not so much an investment outfit as an alternative financial system....
...So how do you bet against corporations? According to people familiar with Bridgewater’s trade, it used baskets of credit derivatives in Europe and the US to make the trade in April....
...It says it had helped fund the development of the Sputnik V Covid-19 vaccine....
...Alex BarkerIt built a financial bridge from fans’ credit cards straight to the bank accounts of creators....
...She added that another “sting in the tail is that the increase in corporation tax rates from 2023 means the cash value of R&D credits for large businesses will reduce”....
...And on the corporation tax point, ever since Truss has said that she didn’t want to put up corporation tax from 19p to 25p, which she said she was going to do, a lot of businesses have said we’re all for...
...This can be done by cutting corporation tax and increasing the credit for tangible investment, provided that the credit does not take the form of accelerated depreciation....
...Most imaginative is the post-credits museum of Call of Duty: Modern Warfare 2, remastered last year, where players can scrutinise character models, environments and weapons from the game....
...The text only refers to an undefined “transition” period whereby free credits are temporarily maintained....
...Klein has spent much of a long career on Wall Street courting chief executives, big corporations, and governments as far-flung as Saudi Arabia....
...Phil Thornton, director, Clarity Economics: Lag behind....
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