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The current administration rode in on a wave of support from America's traders, lenders and money managers. But that might be changing. Today on the show, Rob Armstrong talks to the FT's US finance editor, James Fontanella-Khan, about what the titans of Wall Street really think about President Donald Trump. Also they go long AC Milan and short the market. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer.You can email Robert Armstrong and Katie Martin at unhedged@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
James Fontanella-Khan discovered early on that being a journalist was a great way to see the world and gain access. Starting with a makeshift press credential as a 17-year-old, he began writing stories for fringe publications and his career was off and running. On this episode of Press Profiles, we explore JFK's rise from an intern at the FT to his recent appointment as US Finance Editor. We also discuss the current M&A environment, his skepticism around PR pitches, the founding of the Due Diligence newsletter, and how his team of “a small band of pirates with a global footprint” is helping the FT deliver news and insights that set them apart.
There have been very few mergers and acquisitions in the past four years, but many dealmakers say that's about to change. At least that's according to reporting by James Fontanella-Khan, our guest on the show today. Fontanella-Khan is the FT's US deals reporter, and he speaks with Rob Armstrong about the shape of deals to come, and how anti-trust policy might look over the next four years. Also, they go long vintage clothing and long the prospects of a merger between Giorgia Meloni and Elon Musk. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer.You can email Robert Armstrong and Katie Martin at unhedged@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Ackman is one of most well-known investors in the US, and one of the loudest. He has more than a million followers on X and isn't afraid to argue with any of them. But his active social media feed and his fundraising seem to be at odds. Today on the show, Rob Armstrong and James Fontanella-Khan dissect the remains of Ackman's cancelled IPO. Also we go short Italy and long hypocrisy. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedofferYou can email Robert Armstrong at robert.armstrong@ft.com and Katie Martin at katie.martin@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Wall Street withheld tens of millions of dollars in campaign financing to pressure US President Joe Biden to withdraw from November's election and endorse Kamala Harris. And it worked. But how did Wall Street get so interested in a public prosecutor from San Francisco? And what do financiers hope she'll bring to the table? Today on the show, deals reporter James Fontanella-Khan walks Robert Armstrong through the whirlwind courtship between Harris and big money. Also, we short Bill Ackman and go long McDonald's. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedofferYou can email Robert Armstrong at robert.armstrong@ft.com and Katie Martin at katie.martin@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Paramount and Skydance are merging. That's a win for David Ellison, whose small studio will join a legendary one with a huge back catalogue and a nascent streaming platform. But is this merger of the old and new enough to compete in the new Hollywood? Today on the show, Robert Armstrong and deals reporter James Fontanella-Khan talk about the Paramount deal and the future of entertainment. Also, we take sides in the Euro soccer/football final this weekend.Unhedged Listener Survey Terms & ConditionsFor a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedofferYou can email Robert Armstrong at robert.armstrong@ft.com and Katie Martin at katie.martin@ft.com. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
It's high noon for Paramount Studios, one of the most legendary names in Hollywood. In one corner, Wall Street and private equity. In the other corner, talented producer David Ellison, head of Skydance. OK, to be fair, he's partnering with private equity, too. Today on the show, we break down the boss battle for Paramount with deals editor James Fontanella-Khan. Also we talk about sports. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedofferYou can email Katie Martin at katie.martin@ft.com. Hosted on Acast. See acast.com/privacy for more information.
What caused Silicon Valley Bank to collapse in only 44 hours, and how likely will the contagion spread, leading to other bank failures?Topics covered include:How losses on bonds blew up SVB's balance sheetHow is Silicon Valley Bank similar and different than other regional banksWhat the FDIC and Federal Reserve are trying do to restore confidence and stop bank runsHow a weakening of the Frank-Dodd bank regulation act set the stage for SVB's failureWhy bailing out uninsured depositors is controversialThree scenarios of what might happen nextActions we can take to protect ourselves when private money failsFor more information on this episode click here.SponsorsMasterworks – invest in contemporary artMoney for the Rest of Us Plus membershipShow NotesSilicon Valley Bank launches $2.25bn share sale to shore up capital base by Joshua Franklin and Antoine Gara—The Financial TimesUS Bank Capital Regulation: History and Changes Since the Financial Crisis by John Walter—Economic QuarterlySVB's 44-Hour Collapse Was Rooted in Treasury Bets During the Pandemic by Brian Chappatta—BloombergRemarks by FDIC Chairman Martin Gruenberg at the Institute of International Bankers—FDICHow Silicon Valley Turned on Silicon Valley Bank by Ben Foldy, Rachel Louise Ensign, and Justin Baer—The Wall Street JournalSEC Filings Details—Silicon Valley BankFDIC Creates a Deposit Insurance National Bank of Santa Clara to Protect Insured Depositors of Silicon Valley Bank, Santa Clara, California—FDICUninsured Silicon Valley Bank depositors seek fire sale of assets by Joshua Franklin, Sujeet Indap, Colby Smith, and George Hammond—The Financial TimesJoin Statement by Treasury, Federal Reserve, and FDIC—Federal ReserveFDIC Acts to Protect All Depositors of the former Silicon Bank, Santa Clara, California—FDICUS regulators are setting a dangerous precedent on SVB by Sheila Bair—The Financial TimesBack-to-Back Bank Collapses Came After Deregulatory Push by David Enrich—The New York TimesWill another bank fall? by Robert Armstrong—The Financial TimesShares in US regional banks close sharply lower over fears of deposit flight by Jennifer Hughes, James Fontanella-Khan, Ortenca Aliaj, and Brooke Masters—The Financial TimesCharles Schwab shares drop 12% even as the firm defends financial position by Yun Li—CNBCRelated Episodes405: When Volatility Spikes, Financial Things Break392: What Is Money and How to Use It305: Are Banks Safe?See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
James Fontanella is a journalist at the FT since 2005, currently based in New York. He leads the M&A Due Diligence newsletter - and knows everything about the most exciting upcoming deals on the market. With 17 years of experience under his belt, James walks us through the crazy stories that moulded his career, and reveals the most important lessons that have enabled him to create and maintain a long-lasting passion and drive for journalism. As a corporate finance and deals editor, he tell us how we can turn seemingly uninspiring information into exciting insights and stories readers can't look away from.Looking for a new guide to drive innovation and change?The Talent Show is a new podcast series from FT Talent, a hub of innovation from the Financial Times. Hosted by under 30s for under 30s around the world. Each episode we have important conversations for you and with you. We speak to experts in different fields, and bring you in to ask them your burning questions and delve deep into the topics that really matter to the younger generation today, find inspiring tips, analyse trends and bridge generational gaps. And we didn't just rely on our own curiosity - we invite our audience of bright students and early career professionals from all over the world to ask questions directly to our guests.The FT Talent Challenge is a competition from the Financial Times that invites bright young talent from all over the world to pitch solutions aimed at solving our most pressing business challenges. This podcast gives you a taste of the creative, educational and entrepreneurial atmosphere at FT Talent Challenges. FT Talent is a commercial division of the Financial Times.The FT Newsroom is not involved in its production. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information. Hosted on Acast. See acast.com/privacy for more information.
James Fontanella-Khan, US corporate finance and deals editor at the Financial Times, discusses the future of tech after Meta lays off 11,000 employees and Elon Musk acquires Twitter.
I have in the past mused about the idea of a market maker for mergers and acquisitions.[1] Like, you run a public company, you want to sell it, you go... mused ideafrom Sujeet Indap and James Fontanella-Khan at the Financial Timeswho also serves as a senior advisor at Bloomberg L.P.press releaseVeoneer’s merger proxypress release has been pretty lucrative this year here’s a story how happy this makes retail meme-stock tradersWellFinancial Times explainsPerson of the Year awardtweeting early this morningwent uphave talked lot abouta profile of AMC Chief Executive Officer Adam AronHe has Bloomberg News this morning Crypto ExpansionFrench Tax CasePost-Archegos Reshuffle Offloads More Tesla SharesKroll Bond Rating AgencyFacebook WeiboLithium Toppled Confederate StatuesPocket Watchsubscribe at this linkherea real fact pattern toehold got Pershing Square suedultimately it settled
Bernard Arnault built a €210bn luxury empire through an unflinching acquisition strategy that earned him the “wolf in cashmere” moniker. Tiffany, famous for its robin-egg blue boxes and diamond engagement rings, was meant to be the jewel atop his LVMH luxury group. The takeover would have been the largest-ever in the luxury sector, until the pandemic hit. The FT’s Leila Abboud, Arash Massoudi and James Fontanella-Khan unwind the saga of how the $16.6bn deal has hit rocky ground and how the pandemic and the forthcoming legal battle could change the terms of M&A engagement globally.Review clips: CNBC, PBS, Viva TechnologyRead more from Leila, Arash and James - https://www.ft.com/content/72af09b4-12a4-45ad-86ca-919d38e279e8Find the FT’s Due Diligence newsletter - https://www.ft.com/due-diligence See acast.com/privacy for privacy and opt-out information.
Some of Wall Street’s most powerful financial institutions are striking deals in China even as relations sour between Beijing and the US, and the European Central Bank will address the strong euro situation...without using its most effective tool. Plus, the FT’s James Fontanella-Khan on why LVMH says it can no longer complete a $16.6bn deal with US jewelry company, Tiffany. Wall Street brushes off political tensions to dig deeper into Chinahttps://www.ft.com/content/01f92c8b-11dc-431c-adaf-c299e3964ff1?ECB will struggle to rein in the euro, say investorshttps://www.ft.com/content/5d935f19-9891-48bb-bfbf-482818de8b63LVMH says it cannot complete Tiffany takeover after France intervenes https://www.ft.com/content/a3dcc777-ab12-4ee9-a147-54de1ac0f7e7The FT’s New Economic Reality event https://nersciencemarkets.live.ft.com/home?segmentId=dc611fd0-c193-49f1-dc6a-217255a89d6c&utm_campaign=FEEAK See acast.com/privacy for privacy and opt-out information.
European vaccine makers want EU exemptions that would protect them if there are problems with new Covid-19 vaccines, and low interest rates have helped US homebuilder stocks surge to record highs. Plus, the FT’s James Fontanella-Khan explains why Ant Group chose to list its potentially record setting IPO outside the US. Covid-19 vaccine makers lobby EU for legal protectionhttps://www.ft.com/content/12f7da5b-92c8-4050-bcea-e726b75eef4d?Low rates help propel US homebuilder stocks to record highshttps://www.ft.com/content/9b54ab06-2d57-44a1-85c2-47c114589c22Ant Group reveals $2.6bn profit as it files for blockbuster IPOhttps://www.ft.com/content/b5f6fed2-2dcf-48dc-9097-a49bff5532dc See acast.com/privacy for privacy and opt-out information.
Psychotherapist Esther Perel shot to fame with her TED talks and podcast on sex, infidelity, and the secret to long-term relationships. Lilah meets her in New York to learn about her latest podcast – How's Work? – which puts a microphone in her therapy sessions between co-founders. They discuss how the same dynamics that exist in our romantic relationships also exist in our professional lives – and how best to navigate them. Gris and Lilah also dissect how therapy has been depicted in culture over the years.As always, we'd love to hear from you. We are still looking for your thoughts on astrology – record an audio message and email it to us at culturecall@ft.com. You can also always tell us about your favorite cultural trends on Twitter @FTCultureCall. And if you enjoy the show, please recommend us to your friends!––––Links from the episode:–Lilah's written piece on Esther Perel (paywall): https://www.ft.com/content/aaa3b29a-ffb0-11e9-be59-e49b2a136b8d–How's Work? on Spotify: https://open.spotify.com/show/0P13JasQfVZ1RiDCMZMYNU–Tom Faber's piece for the FT on London's club scene (paywall): https://www.ft.com/content/9e45e870-f668-11e9-bbe1-4db3476c5ff0–FT NextGen, a package of stories about how the next generation lives: https://www.ft.com/nextgen–Tickets to the FT's NextGen festival, in London on November 16 (where you can hang out with Gris!): https://www.ftnextgen.com/–Lilah and James Fontanella-Khan's story on why it’s time to stop ignoring mental health at work: https://ft.com/mentalhealth–More about Flights, by Olga Tokarczuk: https://www.ft.com/content/076bb888-372b-11e8-8b98-2f31af407cc8–The rise of Succession, TV’s new must-watch show (Vox): https://www.vox.com/culture/2019/9/24/20870750/succession-hbo-review-season-2-recap See acast.com/privacy for privacy and opt-out information.
How bad is the problem of stress and burnout in corporate life? Lilah Raptopoulos carried out a reader-driven investigation into the topic with James Fontanella-Khan, the FT's corporate deals editor. They reveal their findings in this podcast. Read the story at ft.com/mentalhealth Listen to the Everything Else podcast hereContributors: Griselda Murray Brown, Commissioning editor, Arts, Lilah Raptopoulos, US head of audience engagement, and James Fontanella-Khan, corporate deals editor. Producer: David Waters See acast.com/privacy for privacy and opt-out information.
Three Women is one of the most talked-about books of the summer: a true story of female desire that took eight years to write. Lilah talks to its author, Lisa Taddeo, about what it was like to report on real women's sex lives — and why Woody Allen was wrong: there is such a thing as a bad orgasm. Plus: Lilah and James Fontanella-Khan, FT corporate deals editor, discuss their investigation into workplace stress and burnout. Why is it getting worse? And what can we do? Read it for free at ft.com/mentalhealth.Listen, subscribe, rate and review on Apple Podcasts. See acast.com/privacy for privacy and opt-out information.
Kraft Heinz was created by 3G Capital in a Warren Buffett-backed 2015 megamerger of Kraft and Heinz. Now the food group’s shares have crashed and Mr Buffett has admitted that he overpaid. Katie Martin discusses what went wrong with James Fontanella-Khan and Sujeet Indap.Contributors: Suzanne Blumsom, executive editor, Katie Martin, capital markets editor, James Fontanella-Khan, US corporate finance and deals editor and Sujeet Indap, Lex columnist. Producer: Fiona Symon See acast.com/privacy for privacy and opt-out information.
Two mid-sized American banks are joining forces in a $66bn merger - BB&T and Suntrust. It is the biggest US bank deal since the financial crisis, and analysts say the deal will up the ante on rival banks to consolidate. The FT's Robert Armstrong and James Fontanella Khan dig into the details of the deal, and what it means for the broader industry. See acast.com/privacy for privacy and opt-out information.
What prompted high profile investor Warren Buffett to move into India’s mobile payments sector? Jyotsna Singh talks to James Fontanella Khan in New York and Simon Mundy in Mumbai about the significance of Berkshire Hathaway's biggest ever investment in South Asia. See acast.com/privacy for privacy and opt-out information.
Global dealmaking reached $2.5tn in the first half of 2018, breaking the all-time high for the period. What's driving the consolidation and what might bring the boom to an end? The FT's Sujeet Indap and James Fontanella-Khan explain. Sign up for Due Diligence, the FT's must-read daily email briefing on M&A, corporate finance and private equity here. See acast.com/privacy for privacy and opt-out information.
The Trump administration blocked chipmaker Broadcom's bid to acquire rival Qualcomm on the grounds of national security. But how did the San Diego-based company become the target in the first place? And who will ultimately own the mobile technology of the future? With FT reporters James Fontanella-Khan and Tim Bradshaw.News review clips: C-Span, Fox News. See acast.com/privacy for privacy and opt-out information.
Superstar partners are drawing salaries akin to those of top bankers and sports stars, as upstart firms challenge the traditional seniority-based compensation system. James Fontanella-Khan, Sujeet Indap, and Barney Thompson report. Produced by Joshua Oliver. See acast.com/privacy for privacy and opt-out information.
Warren Buffett and 3G were taken aback by the harsh rejection of the takeover offer they had backed but people close to the Anglo-Dutch group say the deal made no financial or strategic sense for them. Arash Massoudi and James Fontanella-Khan tell a tale of miscalculation and culture divide See acast.com/privacy for privacy and opt-out information.
China's appetite for acquiring overseas companies was dealt a major setback this week as regulatory fears hindered two potential takeovers. How will this affect the $44bn ChemChina deal to acquire Swiss agribusiness Syngenta and other large-scale deals? US M&A correspondent James Fontanella-Khan explains. See acast.com/privacy for privacy and opt-out information.
A battle of the bankers has gone public and may end up in court, drawing attention to the financial industry's hiring and retention practices. Sujeet Indap and James Fontanella-Khan investigate the dispute between Joe Perella and a former colleague who was fired amid allegations of a plot to quit and launch a rival firm See acast.com/privacy for privacy and opt-out information.
In another multibillion-dollar deal, a US company has acquired a smaller European company in order to reduce its tax base. The so-called tax inversion deal has become one of the most prominent types of transaction in the recent M&A boom. The FT's Sujeet Indap is joined by M&A correspondent James Fontanella-Khan and policy correspondent Barney Jopson to discuss the growing US M&A trend, some of the biggest inversion deals and the potential for a policy crackdown under a new administration in 2017. Music by Red Thread. See acast.com/privacy for privacy and opt-out information.
As the G20 pledges to crack down on multinational tax avoidance, the Financial Times looks at how and why governments help companies reduce their tax burden. Orla Ryan talks to taxation correspondent Vanessa Houlder, Matt Steinglass in Amsterdam and James Fontanella Khan in Brussels about why tax is rising to the top of the political agenda. See acast.com/privacy for privacy and opt-out information.
With a diplomatic response to the crisis in Syria in the balance at the United Nations, Middle East correspondent Michael Peel, who recently visited Syria, and Middle East editor Roula Khalaf join Shawn Donnan to discuss the situation. And, as India's most populous state, Uttar Pradesh, goes to the polls, FT south Asia bureau chief James Lamont and James Fontanella-Khan explain the importance of the election and the risk faced by the Congress party and the scion of the Gandhi dynasty, Rahul Gandhi, in particular. See acast.com/privacy for privacy and opt-out information.