Lars Windhorst offered La Perla role to H2O chief’s wife
Lars Windhorst offered a position at his luxury lingerie brand La Perla to the wife of the chief executive of H2O Asset Management, which was pouring its investors’ money into...
Canary Wharf plans tower block laboratory as office demand sinks
Canary Wharf Group has submitted plans for a vast “vertical” life sciences campus, as the owners of the east London district look to break their reliance on financial services as...
Brokers braced for big overhaul of US stock trading rules
Banks, trading firms and brokers are bracing for the biggest overhaul of US stock trading in almost two decades with the release on Wednesday of plans designed primarily to lower...
Apollo defends push to retail investors amid Blackstone storm
After Blackstone’s retail-focused credit and retail funds were hit by a wave of redemption requests, its rival Apollo is facing scrutiny over its own plans to target wealthy individuals. Apollo co-founder...
Dealmakers go holiday shopping | Financial Times
One thing to start: Sam Bankman-Fried, the former chief executive of bankrupt crypto exchange FTX, has been arrested in the Bahamas. The US is likely to request Sam Bankman-Fried’s extradition,...
Corporate recovery specialists expect jump in business as UK economy sours
Corporate recovery specialists Begbies Traynor and FRP Advisory are expecting a jump in business in the coming months as the UK’s economic problems mount. Reporting results on Tuesday morning, both...
Widow challenges pension contributions clawback
A grieving widow has challenged US financial services giant Northern Trust after the company clawed back £165,000 in employer contributions from her late husband’s workplace pension.Claire Meier raised her concerns...
European wind turbine manufacturers face tough 2023
European wind turbine manufacturers are likely to face another tough year in 2023, as competition from China grows and the effects of higher production costs bite.Despite the push by governments...
Military briefing: escalating air war depletes Ukraine’s weapons stockpile
For two months Russian forces have been pounding Ukraine’s power network with the aim of plunging the country into darkness and breaking its resolve during winter. But in it latest...
An earnings recession without an economic one
Good morning. We had been looking forward, in a macabre way, to Sam Bankman-Fried’s appearance in front of the US House Committee on Financial Services, scheduled for this morning. Now...