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...On a conference call with analysts in January, Gray said Breit had “weathered the storm” in real estate markets, but he warned that Blackstone did not expect to see a “V-sharped recovery” in property values...
...“We would acknowledge that this is not going to be some sort of a V-shaped recovery. There are going to be plenty of troubled deals in the market,” added Gray....
...In 2011, Kent Walker, then general counsel at Google, told the FT that his job was to “see round corners”. At the time, only a few general counsel were of this opinion....
...The deal should allow SocGen to pitch a wider range of products and services to clients....
...The deal, announced on Tuesday morning, will create a global player in equities services that SocGen will have the option of buying outright five years after it launches, which is expected to happen by late...
...As always, reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to share your feedback on today’s newsletter. Happy reading!...
...The brothers own the planes through entities called Clear Sky LP and Clear Sky 2 LP. Here’s a chart showing how it works: How common is this type of arrangement? Have you seen it elsewhere?...
...Suppliers’ enduring reliance on retailers means many lack first-party data of their own about who is buying their products, Walker adds....
...As ever, send your thoughts, queries and philosophical riddles to Imani (imani.moise@ft.com) or me (sid.v@ft.com). Happy reading!...
...The Digital Services Act is likely to be followed by similar rules in the US, Canada and Singapore in coming months....
...DD would love to hear from LPs with thoughts on the matter. Email due.diligence@ft.com....
...In 2017 the game’s creators handed curation over to artists, asking Frank Ocean to create a radio station for GTA V....
...The UK lender announced on Tuesday that it had received a non-binding offer from a “financial sponsor with knowledge and experience of investing in European financial services businesses”, which it had passed...
...It also means the heat is now on at Allied Universal Security Services, the California-based group that has been weighing a rival bid....
...“As the world continues to face so many challenges . . . now is a natural point to focus my full-time efforts on community and public service efforts,” Mr Youngkin said on Tuesday....
...Go deeper with the FT’s Owen Walker and Stephen Morris here. Teladoc bets big on Livongo Hindsight is a wonderful thing....
..., France; Scott Forbes, London; Judith Hadley, USA Polymath 1,014: Peter Boyd, Wiltshire Crossword 16,117: Mary Aclandhood, London; Rev T K Hole, Sheffield; Robert Smith, Norfolk Polymath 1,013: Bob Walker...
...However, dozens of Mr Trump’s nominees have been confirmed to lower courts across the country, with help from Mitch McConnell, the Senate majority leader — including 38-year old Justin Walker, one of Mr...
...He says: “My goal for our legal department is to be at the cutting edge in the use of technology for the delivery of legal services.”...
...The FT’s Owen Walker has the inside story on Jupiter and Merian’s marriage of convenience. But do not expect any of these deals to curtail the giant that is BlackRock....
...EY and Guardtime Insurwave, a joint venture between professional services firm EY and software security company Guardtime, is a blockchain-powered platform for the sale, purchase and management of shipping...
Ex-World Bank president leaves as French insurer Axa cuts ties to US business
...Ross Walker: Modest “levelling down” via post-Brexit hit to professional services....
...Ms Walker stresses that rigour at the hiring stage is an essential component of retention. “Excellence in a prospect’s area of law is the baseline,” she says....
...Additional reporting by Owen Walker in London and Laura Noonan in New York...
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