The Lex Column
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Lex is the FT's agenda-setting daily column on business and finance. Premium FT subscribers can sign up to our popular twice weekly newsletter Best of Lex ⬇️
London, New York, Hong Kong
Joined February 2009
The UK’s aversion to super-CEOs might be due for a rethink
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The idea that splitting chief executive and chair roles is necessary deserves debate
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Corporate sponsors exit stage left at Edinburgh Festival
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There is an economic case for both the public and private sectors to increase their support
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US regional banks need to team up to compete
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Smaller banks are being squeezed by Wall Street giants such as JPMorgan and Bank of America
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Why is it so hard to replace HSBC’s Mark Tucker?
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The years of a FTSE 100 chairmanship being a nice way to avoid boredom in semi-retirement are long gone
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Summer vibe shift arrives for Wall Street’s deal community
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The M&A boom expected at the outset of Trump’s administration is on the horizon
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Hold the fizz on Wizz Air’s turnaround
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Unlucky airline is changing course, but it will be bumpy
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The kids’ economy is a teenage dream
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Stretched parents will continue to seek bargains from Five Below’s array of toys, room decor, skincare, snacks and art supplies
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Google earnings keep Silicon Valley’s AI flywheel spinning
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Capital expenditure on data centres and such trappings this year will now be about $85bn, versus its prior estimate of $75bn
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Meme stock 2.0 may prove fleeting
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Like bitcoin, meme stocks may best be interpreted as a gauge of the market’s animal spirits
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Crypto-Spacs put a risky investment in a riskier wrapper
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Fusing these together is a bold choice but the acquisition vehicles have a reputation for burning fortunes
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UBS’s forex fumble is a sign of things to come
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The Swiss bank has been attempting to contain the fallout of a preventable mishap
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Why getting to net zero will take more than peer pressure
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Either governments will need to spearhead decarbonisation or markets will have to take over in the main
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Farewell Ofwat — it’s time UK water had a fresh start
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Enticing new investment into the sector will require carrots, not just sticks
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Cheap isn’t cheerful for makers of own-brand goods
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McBride’s stumble shows the pressures are mounting on white-label manufacturers
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All-night stock trading: not worth getting out of bed for
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Big bourses are keen to tap into the rise in active retail traders, but reshaping infrastructure will be costly
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SBI Shinsei makes a comeback as Japan’s megabanks rally
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Momentum in Japanese financial stocks should support lender’s return to market
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Why Levi’s is back in fashion
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Denim powerhouse has resurrected fading brand by paying down debt, cutting costs and revamping its supply chain
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EU’s extra free cabin bag will weigh on airline passengers
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Establishing a single, standard take-off point for bag charges would be a clear win
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A $250bn rail merger could help put US logistics on track
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Smoother cross-continental logistics ought to be an easy goal to get behind
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Reckitt joins in the great consumer goods jumble sale
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The hodgepodge portfolio of brands up for grabs may not have appealed to many industry buyers
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