<p>The Trump administration plans to roll back some tariffs, Schroders agrees to a US takeover, and Americans paid 90 per cent of the cost of US President Trump’s tariffs last year. Plus, Goldman Sachs’ top lawyer will depart the company over Epstein ties, and how to buy a law firm when you’re not really allowed to.</p><br><p><strong>Mentioned in this podcast:</strong></p><p><a href="https://www.ft.com/content/f2eff736-12de-4c33-9826-847d2fdf8be3?accessToken=zwAAAZzutqjjkdPy7_c2Et5MM9OYJoR9L9-L4wE.MEUCICbgp-qVzUOwFSBBjsxUEKpu3t8IHqGj8U0sffj3wiXAAiEAqjU23Og2Sf3Yf6g3aMvqTQS43ieM7fLVmuFpiPx2bn4&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Trump plans to roll back tariffs on metal and aluminium goods</a></p><p><a href="https://www.ft.com/content/02335d3c-82ef-4e0a-a332-aba285e6573b?accessToken=zwAAAZzuAScUlc8CM108gu9OCtOjMquiheZXO9PO9srL5sNHWtOxiTto8J345dPE-IahFjNBjNO2tRb3APi7DdOfADO1hIFNP9OOG69nUaa0lM9xX8oItJZAStO9aqpxJMSxuAE.MEUCIETQ4Tev4zSa6ILJmCDJA2IF4XslCGt5bFt-gitLlBlQAiEAwV0sfM0Tx3YrAzGy_uMAH9WCCL0Mpo588n69j6Igcds&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Schroders boss reassured UK Treasury ahead of £9.9bn US takeover</a></p><p><a href="https://www.ft.com/content/cef6cacb-e6c3-475a-b189-3b68f09df8e5?accessToken=zwAAAZzuAScUlc8CM108gu9OCtOjMquiheZXO9PO9srL5sNHWtOxiTto8J345dPE-IahFjNBjNO2tRb3APi7DdOfADO1hIFNP9OOG69nUaa0lM9xX8oItJZAStO9aqpxJMSxuAE.MEUCIETQ4Tev4zSa6ILJmCDJA2IF4XslCGt5bFt-gitLlBlQAiEAwV0sfM0Tx3YrAzGy_uMAH9WCCL0Mpo588n69j6Igcds&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Alphaville’s annotated thoughts on the Schroders takeover</a></p><p><a href="https://www.ft.com/content/c4f886a1-1633-418c-b6b5-16f700f8bb0d?accessToken=zwAAAZzuAScUlc8CM108gu9OCtOjMquiheZXO9PO9srL5sNHWtOxiTto8J345dPE-IahFjNBjNO2tRb3APi7DdOfADO1hIFNP9OOG69nUaa0lM9xX8oItJZAStO9aqpxJMSxuAE.MEUCIETQ4Tev4zSa6ILJmCDJA2IF4XslCGt5bFt-gitLlBlQAiEAwV0sfM0Tx3YrAzGy_uMAH9WCCL0Mpo588n69j6Igcds&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">US businesses and consumers pay 90% of tariff costs, New York Fed says</a></p><p><a href="https://www.ft.com/content/c9c4ea8a-f806-4a04-b409-a8ec03c00b15?accessToken=zwAAAZzvESZSkdPJxOqK-AZKBNO0CajsA8ALFQE.MEUCIAp4eCixEtlJANsY8d7Zd8azcAZdpidmeX1oRSWS7MPzAiEAhrk-3lX1kc0mX4tpFqin27lTAcUiMz7Er2yad6CcL3U&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Top Goldman Sachs lawyer Kathy Ruemmler to resign over Epstein links</a></p><p><a href="https://www.ft.com/content/9f0033b5-8481-4d3f-8e1b-af6751a6b494?accessToken=zwAAAZzuAScUlc8CM108gu9OCtOjMquiheZXO9PO9srL5sNHWtOxiTto8J345dPE-IahFjNBjNO2tRb3APi7DdOfADO1hIFNP9OOG69nUaa0lM9xX8oItJZAStO9aqpxJMSxuAE.MEUCIETQ4Tev4zSa6ILJmCDJA2IF4XslCGt5bFt-gitLlBlQAiEAwV0sfM0Tx3YrAzGy_uMAH9WCCL0Mpo588n69j6Igcds&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">How to buy a law firm if you’re not allowed to buy a law firm</a></p><br><p>Note: The FT does not use generative AI to voice its podcasts&nbsp;</p><br><p>Today’s FT News Briefing was hosted by <a href="https://www.ft.com/victoria-craig" rel="noopener noreferrer" target="_blank">Victoria Craig</a>, and produced by Fiona Symon and Sonja Hutson.&nbsp;Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.&nbsp;</p><br><p><a href="https://www.ft.com/content/18f4c0af-0d7d-45d5-a558-c361b9963975" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

FT News Briefing

Financial Times

Private equity’s workaround to buy law firms

FEB 13, 202612 MIN
FT News Briefing

Private equity’s workaround to buy law firms

FEB 13, 202612 MIN

Description

<p>The Trump administration plans to roll back some tariffs, Schroders agrees to a US takeover, and Americans paid 90 per cent of the cost of US President Trump’s tariffs last year. Plus, Goldman Sachs’ top lawyer will depart the company over Epstein ties, and how to buy a law firm when you’re not really allowed to.</p><br><p><strong>Mentioned in this podcast:</strong></p><p><a href="https://www.ft.com/content/f2eff736-12de-4c33-9826-847d2fdf8be3?accessToken=zwAAAZzutqjjkdPy7_c2Et5MM9OYJoR9L9-L4wE.MEUCICbgp-qVzUOwFSBBjsxUEKpu3t8IHqGj8U0sffj3wiXAAiEAqjU23Og2Sf3Yf6g3aMvqTQS43ieM7fLVmuFpiPx2bn4&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Trump plans to roll back tariffs on metal and aluminium goods</a></p><p><a href="https://www.ft.com/content/02335d3c-82ef-4e0a-a332-aba285e6573b?accessToken=zwAAAZzuAScUlc8CM108gu9OCtOjMquiheZXO9PO9srL5sNHWtOxiTto8J345dPE-IahFjNBjNO2tRb3APi7DdOfADO1hIFNP9OOG69nUaa0lM9xX8oItJZAStO9aqpxJMSxuAE.MEUCIETQ4Tev4zSa6ILJmCDJA2IF4XslCGt5bFt-gitLlBlQAiEAwV0sfM0Tx3YrAzGy_uMAH9WCCL0Mpo588n69j6Igcds&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Schroders boss reassured UK Treasury ahead of £9.9bn US takeover</a></p><p><a href="https://www.ft.com/content/cef6cacb-e6c3-475a-b189-3b68f09df8e5?accessToken=zwAAAZzuAScUlc8CM108gu9OCtOjMquiheZXO9PO9srL5sNHWtOxiTto8J345dPE-IahFjNBjNO2tRb3APi7DdOfADO1hIFNP9OOG69nUaa0lM9xX8oItJZAStO9aqpxJMSxuAE.MEUCIETQ4Tev4zSa6ILJmCDJA2IF4XslCGt5bFt-gitLlBlQAiEAwV0sfM0Tx3YrAzGy_uMAH9WCCL0Mpo588n69j6Igcds&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Alphaville’s annotated thoughts on the Schroders takeover</a></p><p><a href="https://www.ft.com/content/c4f886a1-1633-418c-b6b5-16f700f8bb0d?accessToken=zwAAAZzuAScUlc8CM108gu9OCtOjMquiheZXO9PO9srL5sNHWtOxiTto8J345dPE-IahFjNBjNO2tRb3APi7DdOfADO1hIFNP9OOG69nUaa0lM9xX8oItJZAStO9aqpxJMSxuAE.MEUCIETQ4Tev4zSa6ILJmCDJA2IF4XslCGt5bFt-gitLlBlQAiEAwV0sfM0Tx3YrAzGy_uMAH9WCCL0Mpo588n69j6Igcds&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">US businesses and consumers pay 90% of tariff costs, New York Fed says</a></p><p><a href="https://www.ft.com/content/c9c4ea8a-f806-4a04-b409-a8ec03c00b15?accessToken=zwAAAZzvESZSkdPJxOqK-AZKBNO0CajsA8ALFQE.MEUCIAp4eCixEtlJANsY8d7Zd8azcAZdpidmeX1oRSWS7MPzAiEAhrk-3lX1kc0mX4tpFqin27lTAcUiMz7Er2yad6CcL3U&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Top Goldman Sachs lawyer Kathy Ruemmler to resign over Epstein links</a></p><p><a href="https://www.ft.com/content/9f0033b5-8481-4d3f-8e1b-af6751a6b494?accessToken=zwAAAZzuAScUlc8CM108gu9OCtOjMquiheZXO9PO9srL5sNHWtOxiTto8J345dPE-IahFjNBjNO2tRb3APi7DdOfADO1hIFNP9OOG69nUaa0lM9xX8oItJZAStO9aqpxJMSxuAE.MEUCIETQ4Tev4zSa6ILJmCDJA2IF4XslCGt5bFt-gitLlBlQAiEAwV0sfM0Tx3YrAzGy_uMAH9WCCL0Mpo588n69j6Igcds&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">How to buy a law firm if you’re not allowed to buy a law firm</a></p><br><p>Note: The FT does not use generative AI to voice its podcasts&nbsp;</p><br><p>Today’s FT News Briefing was hosted by <a href="https://www.ft.com/victoria-craig" rel="noopener noreferrer" target="_blank">Victoria Craig</a>, and produced by Fiona Symon and Sonja Hutson.&nbsp;Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.&nbsp;</p><br><p><a href="https://www.ft.com/content/18f4c0af-0d7d-45d5-a558-c361b9963975" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>