Morgan Stanley’s ‘visceral reaction’ to Mike Ashley on trial over $1bn margin call

By Bloomberg Published Feb 22, 2024 An email detailing a senior Morgan Stanley banker’s “visceral reaction” to doing business with Frasers Group billionaire Mike Ashley is among a trove of internal documents set to be pored over during a London trial into the bank’s “unfair” $995 million margin call. Mike Ashley – Bloomberg The retail tycoon’s Frasers … Read more

Sneaker king wants to be Britain’s Arnault

By Bloomberg Published Dec 21, 2023 Mike Ashley began to look like he was emulating LVMH founder Bernard Arnault when he elevated a scion of his sportwear empire to a senior role. Now, by buying luxury online retailer Matches, he’s aiming to be Britain’s own bling king. Mike Ashley Ashley, who founded British retail conglomerate Frasers Group Plc and … Read more