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...Advisers at the UK’s biggest wealth manager St James’s Place owe £920mn in business loans through a scheme facilitated by the company that allows them to buy clients from other advisers....
...The amount of underperforming loans extended by St James’s Place to its advisers more than doubled last year, as rising interest rates affected the ability of partners at the FTSE 100 wealth manager to repay...
From William Bigelow, Boylston, MA, US
...At Passover eve seder tables across the country, an empty place will be set to remember the hostages still in Hamas captivity....
...FT Money is asking readers whether they think bitcoin or other cryptocurrencies should take their place among their portfolio of conventional assets, or whether they regard them as unsafe homes for their...
...Prakash added that while elections had previously taken place during summer “we do not have much precedent for this”....
...Certainly, the feeling is beyond time and place....
...Sunday trading bans are paternalistic and have no place in a secular society. Individuals, not states, should define when, how and where to shop (or work)....
It’s easy to scoff at awards, but they answer a human need for recognition
...As the share price of St James’s Place began to plummet by almost a third on Wednesday morning, shareholders could have been forgiven for feeling a sense of déjà vu....
A previously stalled probe over alleged pay-offs to a porn star has led to the first criminal trial against a former US president
...Venezuelan sovereign bonds and those of state-owned oil major PDVSA will regain their place on JPMorgan’s emerging market debt indices over a three-month-period beginning in April, after US sanctions on...
From Sir John Rose, London SW11, UK
Can the industry tackle blown budgets and competition from rival low-carbon sources?
...Financial adviser St James’s Place could use some guidance itself — of the legal variety. Otherwise unexceptional full-year results included yet another blow for its shareholders....
...Wealth manager St James’s Place has slashed its final dividend by 78 per cent and said payouts will remain at a fixed level for the next three years....
...“Sentiment [among shareholders] is not in a fantastic place,” one analyst told the Financial Times....
...Yet whether the nascent industry turns into reality rests on talks taking place behind the scenes, with a crucial few months ahead....
...This owes something to politics, but much more to the central fact of European life: the sheer geographic compression of people and places....
...culminating in his role as a close protection officer with London’s Metropolitan Police, concluded that had vetting and investigations been more robust, he would never have become an officer in the first place...
...Nikki Haley vowed to keep fighting for the Republican nomination after her third place finish in Iowa, saying America “deserves better” than a rematch between Donald Trump and Joe Biden....
A genre-defying saga of a town taken over by escaped slaves is a compelling blend of historical fiction and magic realism
...The shrines of Data Ganj Baksh in Lahore and Baba Farid in Pakpattan in Pakistan and, in India, the Chishti Dargah in Ajmer and Hazrat Nizamuddin Dargah in Delhi are particularly good places to encounter...
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