Blackstone has named its new president

City A.M.1 week
US asset management group Blackstone has named Jon Gray as its new president. Current president and chief operating officer Tony James is to hand over the reins to his successor and will move to a new role in the firm. He will now become executive vice chairman. “I have had a wonderful 15 years at Blackstone so far and still...

Lloyds and PwC face £55m court case from motor dealer

Lloyds Banking Group and accountants PwC face a £55m legal battle with a motor dealership which will allege they colluded to force it out of business...

Persimmon's profits to jump to £1bn as firm moves past pay controversy

City A.M.11 hours
Persimmon's profits are expected to jump close to the £1bn mark this week as the housebuilder continues to bat off criticism for the pay awards...

Krafty move: Unilever shareholders condemn potential relocation from London

Top shareholders in Marmite maker Unilever have hinted that they may object to a possible relocation of the company’s headquarters from London....

Wenger criticises error-ridden Arsenal after Wembley defeat

Arsenal manager Arsene Wenger admitted his team been architects of their own downfall against Manchester City, after his hopes of winning a League...

Guardiola eyes more trophies after City claim Carabao Cup

Arsenal 0, Manchester City 3 Manchester City manager Pep Guardiola urged his team to use the first trophy of his reign as a platform for further...