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...Over the next 16 years, he spearheaded a string of deals, buying brokerage EF Hutton, investment bank Lehman Brothers, insurance firm Fireman’s Fund and other businesses that turned the charge-card company...
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...Around us, business meetings were in full swing with groups of (mainly) men in crisp white shirts and V-necks talking quietly over pots of coffee....
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...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
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...Christensen, whose company Wind Power Support offered port services to this new wave of companies, says: “I’m fiercely proud of my town....
...That point is critical to insurance companies buying such debt, which typically must own safer assets. The funds’ bets on music rights have similarities to their wagers on commercial real estate....
...Caryn WilsonUS editor, FT Edit (@CarynAWilson) Something to listen to Life and Art — In her early 30s Nadia Beard quit her job and started relearning how to play the piano....
...But her decision came against a backdrop of sharp rises in removals costs — by 38 per cent over the past five years, according to Admiral, the insurance group....
...Actis has promoted Neda Vakilian, head of the firm’s investor solutions group, and Davi Carvalho Mota, director of its long life infrastructure strategy, to partners....
...The designer’s love of wood is explored through simple lines: his Ode chair references the tradition of workshop chairs with its generously rounded back and an inverted V-style base, while the archetypal...
...In this version of London, Soho House members club has turned Richard Rogers’ former Lloyds Insurance building into a multistorey, 24-hour nightclub....
...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, warned of “significant downside risks to the banking industry”....
...News round-up Freshfields’ former tax partner sentenced to 3½ years in jail (FT) Zurich’s sale of $20bn life insurance book to PE-backed group collapses (FT) Sotheby’s cleared of art fraud in Russian...
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