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US financial regulation
Accounting firms hit with record US fines over audit failures
...Among the latest actions, the PCAOB found that PwC ignored red flags in its audit of Aegean Marine Petroleum Network, one of the world’s largest traders of shipping fuel, which went bust in 2018 as a result...
November 15, 2023
FT Magazine
Why encountering a beached whale profoundly changes so many people
...It’s a bit like the TV show NCIS: Naval Criminal Investigative Service, but for dead whales....
March 2, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
YouTube Inc
Advertising industry seeks refunds over YouTube skippable ads
...Adalytics created a list of those hit, which includes dozens of leading brands such as JPMorgan Chase and Johnson & Johnson, as well the US Department of Health & Human Services....
June 29, 2023
FT CollectionsClimate Exchange
Richard Spinrad: Climate disaster map does not align with political map
...We’re providing all the data for those products and services, in a more equitable fashion than we ever have before....
April 22, 2024
Schonfeld Strategic Advisors LLC
Hedge fund Schonfeld to cut 15% of workforce after ending Millennium talks
...The cuts largely related to non-investment roles in areas such as technology and back-office services, the person added....
November 16, 2023
Travel
Slow train to Penang: the return of the Eastern & Oriental Express
...magicians and musicians, most notably the glamorous vocalist we stop to pick up in the dusty middle of nowhere late one afternoon, trotting excitedly past my window in very high heels, bow-tied accompanist in tow...
April 23, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Unhedged
Where are the cheap stocks? Premium content
...That tells me there is enough fear out there to keep the market rational. The energy sector is interesting....
January 10, 2024
Shipping
Ships shun Red Sea and Suez Canal despite reduced Houthi menace
...The recent lull prompted UK defence secretary Grant Shapps to tell the House of Commons last week that attacks on vessels had become “less sophisticated and more sporadic” following the bombing campaign....
February 12, 2024
John Thornhill
The AI revolution is generating some investor ‘hallucinations’ too
...Microsoft has embedded OpenAI’s technology into its own software services....
January 25, 2024
Artificial intelligence
EY claims success in using AI to find audit frauds
...That would mean there were not necessarily tell-tale patterns for AI systems to pick up. “Frauds are . . . unique and each is perpetrated in a slightly different way,” Stephens said....
December 3, 2023
Inside BusinessRichard Waters
Google pins its hopes on Gemini to leapfrog GPT-4
...But it is too soon to tell what applications this could make possible, or whether Google really has achieved the technical superiority it claims....
December 7, 2023
Due Diligence
Berkshire Hathaway after Charlie Munger Premium content
...“[In] financial services, the record is particularly poor, as scaling typically requires hiring a lot of people, which erodes culture and can lead to excess risk taking,” he told analysts....
November 30, 2023
FT Asset Management
Asset Management: Millennium’s succession dilemma
...Englander tells people he never plans to retire, but he has also tried to emphasise Millennium’s transition into a firm with shared leadership....
November 20, 2023
The Big Read
The waning power of Emmanuel Macron
...“Our fellow citizens tell us we don’t control illegal immigration well enough.”...
December 27, 2023
Due Diligence
What will Millennium look like after Izzy Englander? Premium content
...Though Englander often tells people he has no intention of retiring, how the succession planning plays out at the firm is of particular importance to investors....
November 16, 2023
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
FirstFT
FirstFT: Obama and Clinton back Biden’s support for Israel’s war in Gaza
...Moscow attack: A survivor who escaped the concert hall with a bullet in his back tells the FT that the terrifying experience, which lasted minutes, felt like “a whole lifetime”....
March 29, 2024
Inside BusinessRichard Waters
Cloud busting will mean a messy time for tech regulators
...AWS says it can’t tell whether data is being exported to a rival or whether it’s being used in a service such as video-streaming....
October 12, 2023
Millennium Management LLC
Hedge fund Millennium prepares for life after founder Izzy Englander
...While he tells people he never plans to retire, he has also emphasised Millennium’s transition into a firm with shared leadership....
November 16, 2023
Europe Express
Banning Germany’s AfD misses the point Premium content
...Even Marine Le Pen, leader of France’s Rassemblement National, who fancies her chances of winning the French presidency in 2027 thanks to the success of her long-running strategy of dédiabolisation, has...
February 10, 2024
News in-depthGoogle LLC
Google’s Epic legal battle opens up on another front
...Google, meanwhile, argues that its charges are justified by the costs of running the Android mobile platform and all the other services it provides to developers, even when they do not use its payment service...
November 6, 2023
HTSIHTSI autumn travel special
Sonia Cheng: ‘The key is to design a hotel that doesn’t feel like a hotel’
...She tells me the company is ahead of schedule on its 2050 carbon-neutrality target (which is more than can be said of a few big western democracies’ net-zero efforts)....
October 25, 2023
Due Diligence
Private equity’s new financial engineering play Premium content
...Sources tell DD that bankers and lenders are pitching the tactic to private equity firms, but some are baulking....
September 19, 2023
Exchange traded funds
Jeremy Grantham’s GMO enters ETF space for the first time
...*Ignites is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com....
August 25, 2023
FT GlobetrotterOur insider guide to Vancouver’s best hotels
Star power: Rosewood Hotel Georgia
...Some of the hotel’s services can even be credited to its notable clientele and their rather high-maintenance demands....
October 6, 2023
ReviewGaming
Avatar: Frontiers of Pandora game review — arresting open-world take on the sci-fi fantasia
...They harness cutting-edge graphical technology in service of thrills, tell straightforward stories elevated by meticulous worldbuilding, and feature lengthy sequences in which characters explore the breathtaking...
December 7, 2023

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