Two senior Democratic lawmakers have warned the Federal Reserve that it would be a “grave error” to extend looser capital requirements for US banks. ExxonMobil appointed two new board directors on Monday to placate activist shareholders and the former French president Nicolas Sarkozy was sentenced to three years in prison on Monday. Plus, the FT’s global media editor Alex Barker looks back on Rupert Murdoch’s media empire and what succession looks like for the mogul. Democratic senators call for tougher capital requirements for US bankshttps://www.ft.com/conent/44792b80-c331-44e3-b02c-41a151f4cb6c?Exxon adds two board directors in wake of activist pressure https://www.ft.com/content/be866c6f-bbff-4500-927b-49e02b7b9023Nicolas Sarkozy sentenced to jail for corruptionhttps://www.ft.com/content/1f2fe078-34f7-4665-afd7-a829082c7874Rupert Murdoch at 90: Fox, succession and ‘one more big play’https://www.ft.com/content/d9719c27-5e95-49c3-a534-2796196c6af7 Hosted on Acast. See acast.com/privacy for more information.

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“What did the council decide on item 42?” — answered with the speaker and the moment.