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...US property exposure is the glaring concern. PBB’s shares have more than halved in the past year. Valuations for US offices have tumbled and vacancy rates are hovering around 20 per cent....
...Aareal said it was sitting on €1bn of non-performing US office loans, out of a total US office portfolio of €4bn. “Are we expecting that more cases are yet to come?...
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...The conviction on Friday capped a spectacular fall for the former leader, a one-time close ally of the US government who was arrested just weeks after he left office in 2022....
...US hedge fund Citadel and its sister firm market maker Citadel Securities have agreed a big expansion of their London office footprint, with a deal to take 250,000 sq ft at British Land’s new flagship City...
...— against US offices in Chicago, San Francisco and other US cities....
...The Office of the US Trustee, a division of the justice department that oversees the bankruptcy, has said those releases are unlawful because the Sacklers did not file for Chapter 11 bankruptcy protection...
...Good mental health may protect us against some of the more harmful aspects of the workplace. Corey cites research that followed people working in high-conflict, high-stress workplaces....
...Cliff White headed the Justice Department’s bankruptcy “watchdog” unit, the US Trustee Program, for 17 years prior to his retirement in 2022....
...Gifts to one of the most prestigious US business schools have fallen since Hamas’s attack on Israel sparked tensions between donors and universities over antisemitism and freedom of speech on campuses....
...He was a founder of the right-wing Claremont Institute think-tank, and is a trustee of the Heritage Foundation....
...The US government has moved to restrict the visas of most of the lawmakers in Guatemala’s congress as international bodies warned of an “attempted coup” to try to stop the president-elect taking office in...
...One shocking set of potential solutions (which I share in a spirit of passing on this useful jolt) came from consulting the most recent book by go-to theorist of office politics, Jeffrey Pfeffer, professor...
...US law firm Paul Weiss has signed the largest commercial office lease in the country this year, according to its new landlord, taking more than 18 floors of a Midtown Manhattan skyscraper in a move that...
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...Ken Griffin’s Citadel has agreed a ‘‘dramatic increase” of its London office footprint, with a deal to move into British Land’s new flagship City tower....
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