Paris prosecutors probe Arnault deals with Russian businessman
A lawyer for the LVMH owner denied the allegations, calling them absurd and groundless
UK
Cutting to the Chase in London
Plus, Binance exits Russia and Pokémon as a security token
HSBC executive to leave after criticising UK’s stance on China
Sherard Cowper-Coles said Britain had been ‘weak’ in response to US pressure
Truckmaker Hino hauls in 49,900% return with Japan property deal
Land sale indicative of value hidden in Japanese corporate sector
Advisers urged to improve client communications
Firms face greater scrutiny under new Consumer Duty rules
Eurozone inflation hits two-year low
Rate of 4.3% less than expectations and could signal end to ECB rate rises
Credit Suisse warns of $2.2bn loss as UBS plans to end Apollo deal
Exiting loans placed in the combined group’s ‘bad bank’ will lead to losses
‘Crimes’ probe into Evergrande founder adds to pressure over $300bn debt woes
Company embodies excesses of China’s property boom and its unravelling
Why GIC ditched Vista
Plus, the four-person firm auditing Adani and the insider trading allegations against a former Blackstone and Goldman trader
Singapore’s GIC ditched Vista stake after founder’s tax scandal
Sovereign wealth fund’s move underlines reputational risks faced by buyout firms
Pages
