Hints and tips:
Related Special Reports
...In fact, the anticipation for a record-setting future was so intense that YouTube’s former head of gaming Ryan Wyatt told me that crypto could soon focus on “onboarding the next billion users.”...
...Airbus walked away following pressure from hedge fund manager Chris Hohn, who had called it a bailout of Atos....
...They have been replaced with value investors, including money managers Christopher Davis and Wally Weitz....
...More generally, Timperio advises managers and borrowers in a variety of fund financing structures....
...Investors were buoyed by the fact that Geico, the company’s auto insurance unit, posted a second consecutive quarterly profit after more than a year of losses....
...Merck, BMS, J&J, Novartis and some trade groups have launched a legal broadside against them, filing lawsuits in several different courts across the US....
...for a further 5,000 units....
...The company said that scaling back advertising and raising policy rates had helped the unit generate a $703mn underwriting profit....
...It claims the lossmaking trades were inappropriately made with one of its former senior managers between 2015 and 2020, according to people familiar with the matter....
...The FT reported this month that the departures of senior managers Louise Kitchen, head of Deutsche’s asset wind-down unit, and Jonathan Tinker, co-head of global foreign exchange, were linked to the scandal...
...When heirs to the fortune of oil tycoon J Paul Getty began feuding with their longtime wealth manager, the dynastic drama leaked into the public sphere, the New Yorker writes Better late than never On World...
...Credit Suisse has agreed to sell part of its securitised products unit to US investment groups Pimco and Apollo and outlined plans to spin off its capital markets and advisory business over the next three...
...Job moves JPMorgan Chase has named J&J former chief executive Alex Gorsky as director to its board....
...J Sainsbury has stopped pursuing a sale of its banking arm after concluding that a deal would be of no benefit to shareholders....
...There is a strong school of thought that smaller, streamlined units are easier for managers to run and investors to value....
...J&J has denied its talc contains asbestos and can cause cancer. This isn’t Jones Day’s first rodeo....
...News round-up Ex-Goldman banker’s 1MDB trial paused after new evidence is disclosed (FT) The complex route to VW’s planned Porsche IPO (FT) J....
...Paribas unit (Bloomberg) Banks compete for role in Uefa’s €7bn football rescue fund (FT) J&J spent $1.4bn on legal move to shield it from talc cancer claims (FT) HNA creditors rebel against Chinese conglomerate...
...City Insider Brokers to J Sainsbury and Wm Morrison have been helping stoke expectations of a private equity supermarket sweep....
...David Page, head of macro research at Axa Investment Managers: We expect the UK economy to lag behind the pace of other economies in 2023....
...True, if ethical lender Co-operative Bank can attract interest from private equity manager Cerberus then anything can happen. Co-op could become the consolidator....
...says James Bailey, executive director of Waitrose, who joined from rival supermarket J Sainsbury....
...Roles such as deputy store manager and heads of sections including bakeries were axed in favour of a single operational management role....
...Sales of iPads and in its wearables unit, which includes AirPods and the Apple Watch, are expected to boost earnings for Apple....
...Over the last two decades music listening has gone from a steady, unit-by-unit consumption model to some kind of all-you-can-eat buffet....
International Edition