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March 22, 2018

Nordstrom ends talks with founding family, Porsche put next-gen in the driver's seat, and Ofers divide assets to avoid competition law

Nordstrom ends talks with founding family

Nordstrom have ended discussions with its founding family over re-privatising the business, following 10 months of negotiations.

The fashion retailer had appointed a committee to negotiate with the family—who own just over 30%—on behalf of shareholders, but the parties had been unable to reach an agreement and this week Nordstrom announced it had “terminated” discussions.

November 22, 2017

While some investors are stepping up their concern around an impending recession, wealth manager Kleinwort Hambros advises it is likely the bull market will continue to “grind higher”.

While some investors are stepping up their concern around an impending recession, wealth manager Kleinwort Hambros advises it is likely the bull market will continue to “grind higher”.

Mouhammed Choukeir, chief investment officer at Societe Generale's UK private banking and wealth management division, said clients are coming to terms with the uncertainties posed by Brexit and Trump.

“These are topics that have been around for some time,” Choukeir said.

September 28, 2011

Man Group said funds under management (FUM) are likely to decline by almost 8.5% in the three-month period to the end of September 2011, as market volatility reduces demand for investments.

Man Group said funds under management (FUM) are likely to decline by almost 8.5% in the three-month period to the end of September 2011, as market volatility reduces demand for investments.

Read the full story at CampdenFO.

May 1, 2007

Commodities have shown impressive rates of return for wily investors over the past few years. But what is the prospect of this trend continuing? John Adams investigates the role of China and asks whether investors should get in while the going’s good

Commodities have shown impressive rates of return for wily investors over the past few years. But what is the prospect of this trend continuing? John Adams investigates the role of China and asks whether investors should get in while the going's good.

John Adams is a freelance journalist based in the UK.

November 1, 2003

Business confidence: boom or bust?
If you've been reading any sort of business news recently, you're likely confused. No one seems quite sure what to make of the economy right now. It's a bit like what we constantly hear about the residential real estate market – house prices seem to be rising and falling in the same location at the same time.

September 1, 2003

By the time Families In Business readers receive this issue of the magazine, second generation family owner of Korea’s SK Global, Chey Tae Won, will be four months through a three-year jail term he received in June for serious accounting fraud.

Bad dynasties
By the time Families In Business readers receive this issue of the magazine, second generation family owner of Korea's SK Global, Chey Tae Won, will be four months through a three-year jail term he received in June for serious accounting fraud. His actions prompted a new probe by Korea's Fair Trade Commission (FTC) into the country's top six "chaebol", family-owned dynasties, including LG Group and Samsung.

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