The FT 24/02 | Vox Markets

The FT 24/02

Rio Tinto (RIO) acts on diversity with more women on board. Miner appoints non-exec directors from Schlumberger, JPMorgan and Oxford University.

Barratt Developments (BDEV) executive sells down. House builder releases half-year results a week before share disposal.

WH Smith (SMWH) and Daily Telegraph reach peace agreement. Retailer resumed sales at the weekend after a spat over shrinking margins.

Pearson (PSON) warns it is near ‘bottom of valley’ as US downturn takes toll. Chief John Fallon says digital push will help address slide in textbooks business.

JPMorgan Chase is in talks to launch a digital bank in the UK. Move could shake up retail banking market as Brexit spurs others to shift operations.

Raf Simons to join Prada as co-creative director. Luxury group targets high-end shoppers with appointment of renowned designer.

Wells Fargo to pay $3bn for fake accounts scandal. Authorities say fourth largest US bank suffered from ‘complete failure of leadership’.

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Mentioned in this post

BDEV
Barratt Developments
PSON
Pearson
RIO
Rio Tinto
SMWH
WH Smith