Private Markets Firms Meet Regulator on Data Collection
Private markets firms are scheduling meetings with the Financial Conduct Authority to discuss new data collection rules, aiming to ensure compliance and address industry concerns.
Private markets firms are scheduling meetings with the Financial Conduct Authority to discuss new data collection rules, aiming to ensure compliance and address industry concerns.
Morgan Stanley has appointed Michael Hofacker as head of sponsors in Europe, part of a strategic reorganization to enhance its investment banking services across the region.
Peter Waddell, CEO of Big Motoring World, was removed in a high court dispute involving private equity and misconduct claims, including racist and sexist remarks.
The Financial Conduct Authority has fined former Carillion CEO Richard Howson £237,700 for his role in misleading investors before the company's 2018 collapse, which caused widespread disruption.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedA KPMG partner in Australia has been fined A$10,000 for using artificial intelligence to cheat during an internal AI training course. Over two dozen staff have been caught using AI tools to cheat on exams since July, raising concerns about AI-fuelled chea
US private equity giant Carlyle has arranged a £150 million funding package for Very Group, extending credit lines to 2029 and converting debt to equity ahead of a potential £2 billion sale of the online retailer.
A damning report alleges the CFMEU's Victorian branch operated as a crime syndicate, costing taxpayers up to $15bn through corruption on major infrastructure projects.
Former Carillion chief executive Richard Howson has been fined £237,700 by the Financial Conduct Authority for misleading market statements ahead of the company's 2018 collapse, which caused widespread job losses and project chaos.
A 68-year-old woman suffered broken ribs and hand surgery after tripping on metal covers at Jeremy Clarkson's Farmer's Dog pub, leading to a legal claim for compensation.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedA KPMG Australia audit partner has been fined $10,000 for uploading training materials to an AI platform to cheat on an internal exam, highlighting widespread AI cheating issues across Big Four firms.
The Investment Association has engaged headhunters to lead the search for a new CEO, marking a critical leadership transition as the financial sector navigates evolving regulatory and market challenges.
Lloyds Banking Group has reportedly utilized staff banking data during pay negotiations, raising concerns over privacy and ethical practices in the financial sector.
French football legend Youri Djorkaeff and his son Sacha discuss their investment vehicle Playmaker, which has acquired a stake in the French SailGP team and is actively seeking to purchase an English football club.
BrewDog's potential sale could leave 220,000 crowdfunding investors with worthless shares while private equity backer TSG stands to gain millions, sparking anger among the 'equity punks' who helped build the craft beer brand.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedColes defends ACCC allegations in federal court, arguing price changes were due to supplier costs. The watchdog claims 'Down Down' promotions offered 'utterly misleading' discounts on 245+ products.
Alexandra McMahon, a senior executive at ING, discusses gender dynamics in finance, highlighting how men often dominate spaces by elbowing others aside, and calls for more inclusive leadership.
James Van Der Beek secured a down payment for a $4.8 million Texas ranch with friends' help before his death, as his family's GoFundMe faces criticism over finances.
Former BT Group CEO Philip Jansen is set to become chairman of Xplor Technologies, a US payments software company processing $45bn annually. The move reunites him with private equity firm Advent International.
A recruitment company that collapsed owing £2.9m, including £647k to HMRC, has been reborn under its former owner and is promising staff an all-expenses-paid Las Vegas trip for hitting targets, highlighting concerns over phoenixism practices in business.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedCraft beer giant BrewDog has appointed consultants to evaluate a potential sale, following UK pub removals and bar closures. The company cites a challenging economic climate.
Hollywood agent Casey Wasserman is selling his talent firm after emails with Ghislaine Maxwell surfaced, prompting client departures and a review of his LA28 Olympic role.
Scottish craft beer giant BrewDog has appointed restructuring firm Alix Partners to assess bidders for a potential sale, which could leave many of its 220,000 crowdfunding shareholders with minimal returns.
BrewDog, the independent craft brewer behind Punk IPA and Elvis Juice, has appointed AlixPartners to oversee a sale that may result in the break-up of the Scottish business, impacting thousands of shareholders.
RPC law firm is losing Jeremy Drew, a high-billing partner who represented retail billionaire Mike Ashley for years, billing over £12m in legal fees.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedSultan Ahmed bin Sulayem steps down from DP World, owner of P&O Ferries, following revelations of ties to Jeffrey Epstein, prompting investment suspensions.
As 60 Minnesota CEOs sign an open letter addressing ICE tensions, Oxford philosopher Athol Williams examines the moral responsibilities of businesses in political conflicts and when corporate silence becomes ethically justifiable.
The Competition and Markets Authority has imposed a £473,000 fine on Euro Car Parks for failing to respond to information requests, marking the first use of its 2024 fining powers. The high court refused an injunction to stop the regulator from naming the
Sultan Ahmed bin Sulayem departs as chair and CEO of DP World following revelations of his communications with Jeffrey Epstein, prompting major partners to halt deals.
Annual reports reveal a growing gap between executive and worker rewards at Barclays, NatWest, and Lloyds, with CEO pay surging up to 33% while bonus pools lag behind.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedJP Morgan Chase CEO Jamie Dimon faces scrutiny over bank's Epstein ties and a $5bn Trump lawsuit as his career nears its end, testing his reputation as Wall Street's moral compass.