FT News Briefing Monday, February 24
Feb 24, 2020
Barclays is on the hunt for a new CEO amid growing regulatory scrutiny. Meanwhile, CVC Capital Partners is looking to revolutionize rugby with ambitious plans. In Italy, strict quarantines have been enacted to contain a significant coronavirus outbreak. Additionally, the podcast dives into the complexities of the U.S.-India relationship, highlighting trade tensions and potential arms deals, all while considering the geopolitical influences of China and Pakistan.
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Staley's Exit
- Jes Staley is expected to leave Barclays by the end of 2021.
- This follows investigations into his relationship with Jeffrey Epstein.
CVC's Rugby Play
- CVC Capital Partners is significantly investing in rugby, including the Six Nations and Pro 14.
- They are also considering bundling TV rights and creating a streaming service.
Italy's Quarantine
- Italy imposed strict quarantines in ten northern towns to contain the coronavirus outbreak.
- This is the largest outbreak outside Asia, with three deaths and 152 infections reported by Sunday.