Hints and tips:
...The deal went badly wrong, sending its international division into a series of lossmaking years and deep cutbacks....
...“I don’t like being a minority in a company on the other side of the world without a big brother on my side.”...
...“If there are international investors, Eddie seems to lead those relationships.”...
...For after Lehman Brothers imploded, there was a race to tighten capital and liquidity standards. And this continues, even today....
...That’s because Redbird IMI is a joint venture between the US private equity firm run by former Goldman Sachs partner Gerry Cardinale and former CNN boss Jeff Zucker, alongside International Media Investments...
...Even if the UK gets a stable government (one that doesn’t flip-flop on net zero or repeatedly threaten to legislate in defiance of its international treaty obligations) Brexit creates a permanent state of...
...Another star on offer is a 1951 painted bronze bust by Alberto Giacometti of his brother, Diego (£4mn-£6mn)....
...I can’t tell you exactly how well this has performed, as my brother and his brood are in Pembrokeshire, and the password for their account is in London....
...The person who takes over from him, Michael Corbat, he also, he's a Salomon Brothers person. So he's also of this kind of Wall Street merger risk taking....
...Gallant hopes also to establish a “shipping solution”, helping reduce the volume of international air freight, and is in discussions with stand-builders about reducing material waste at art fairs....
...Highlights of his London sales included a rare portrait by Edgar Degas from 1874 of Eugène Manet, brother of the Impressionist painter, which sold for £5.3mn (est £4mn-£6mn, £6.3mn with fees)....
...If someone is a bat maker, you’ll see their brothers and sons working in the same factory.” These habits die hard....
...It comes as Adani has embarked on an ambitious international expansion, enlisting global partners and investors to back the group....
...Citi is exiting nearly all its international retail operations and focusing on areas of strength such as its Treasury and Trade Solutions business, known as TTS, which helps multinational companies in more...
...It has already breathed new life into struggling UK toy chain Hamleys, which became Reliance’s first international retail brand in 2019....
...For the bank, it was a first attempt at a major overseas acquisition since its purchase of Lehman Brothers’ Asian and European assets in 2008....
...Doris Ammann died last year and her brother passed away in 1993. Gagosian had sold the silkscreen image to Ammann in 1986. The Ammanns were notable collectors of contemporary art....
...To assess the potential impact on the global economy of international sanctions against Vladimir Putin’s Russia, it is instructive to look back to the 2008 financial crisis and the fall of Lehman Brothers...
...The merger is a remarkable coup for Zaslav, a hyper-ambitious executive who lists media tycoons such as Ted Turner and the Warner brothers as inspiration....
...Will Ramsay takes over from the brothers Robert and Johnny Sandelson, who ran the fair in 2018 and 2019, before the Covid-19 pandemic forced a pause....
...Lehman Brothers, in 2006, decided it was a smart use of funds to sponsor the annual varsity rugby match between Oxford and Cambridge universities, presumably with an eye to recruiting would-be investment...
...Hancox, who at the time was living in Monaco, said that in the years before the 2008 house price crash he was “involved quite heavily” in the Candy brothers’ London residential developments....
...LIV has committed to invest $200m in the Asian Tour, traditionally the “younger brother” to its bigger rivals, according to commissioner Cho Minn Thant....
...A version of this article was first published by Nikkei Asia on March 8. ©2022 Nikkei Inc. All rights reserved....
...Nomura’s 2008 acquisition of the European and Asian operations of Lehman Brothers was widely regarded as a disaster from which it has only recently managed to fully recover....
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