Latest Breaking News On - Denmark saxo bank - Page 2 : comparemela.com

Mike Ashley: Snobs at Morgan Stanley dropped a nuclear bomb on Frasers

Mike Ashley: Snobs at Morgan Stanley dropped a nuclear bomb on Frasers
retailgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retailgazette.co.uk Daily Mail and Mail on Sunday newspapers.

Hugo bossMike ashleyFrasers groupDenmark saxo bankHigh courtMorgan stanleyRetail gazette

Mike Ashley victim of abuse by US bank Morgan Stanley, high court hears | Mike Ashley

Frasers Group suing over $900m cash demand linked to bets placed on shares in German retailer Hugo Boss

City ofUnited kingdomHugo bossMike ashleyJustice bryanSaxo bankSports direct internationalAshley frasers groupDenmark saxo bankMorgan stanleyHouse of fraserFrasers groupCamilla binghamJack willsSports directAdrian beltrami

Morgan Stanley forced Frasers off books with $1 bln margin call, court told

Morgan Stanley used an unrealistic and inappropriate near $1.0 billion margin call to force trades held by retail tycoon Mike Ashley s Frasers group off its books partly out of snobbery, London s High.

City ofUnited kingdomTomasz janowskiMike ashley frasersCamilla binghamGreg bassoAdrian beltramiHugo bossDenmark saxo bankMorgan stanleyLondon high courtMike ashleyHigh courtWall streetArchegos capitalKirstin ridley editing

Morgan Stanley forced Frasers off books with $1 billion margin call, court told

LONDON (Reuters) -Morgan Stanley used an "unrealistic" and "inappropriate" near $1.0 billion margin call to force trades held by retail tycoon Mike Ashley's Frasers group off its books partly out of snobbery, London's High Court was told on Wednesday. Ashley, whose fortune is estimated by Forbes to be worth $5.2 billion, told the first day of a two-week trial that the demand for collateral by the Wall Street bank, that had spurned him as a client three years ago, had left him in "total shock". Frasers is suing Morgan Stanley for about 47 million euros ($51 million) over alleged costs and lost trading profits after the bank imposed the margin call - security to cover possible losses - on the retailer's trading position in German fashion group Hugo Boss in May 25, 2021.

City ofUnited kingdomKirstin ridleyBarbara lewisGreg bassoAdrian beltramiCamilla binghamTomasz janowskiKirstin ridleyeditingMike ashley frasersDenmark saxo bankMorgan stanleyLondon high courtMike ashleyHigh courtWall street

Aldi plans to create 5,500 jobs as shoppers switch to discounters

Aldi is to create 5,500 new jobs this year as the supermarket chain continues its expansion across the UK as shoppers switch to cheaper retailers.

Hong kongUnited kingdomT ai peiUnited statesSoult ukpyolsiSouth koreaNew yorkRio tintoKuala lumpurCity ofJakarta rayaNew south walesNew york universityRed seaDjibouti generalHeathrow airport