Announcements

The full extent of the carnage in the global banking system is evident in the 2009 Top 1000 rankings due to be unveiled in The Banker magazine’s July issue. The Royal Bank of Scotland shows the worst losses in the world at $59.3 billion ahead of two American banks, Citigroup and Wells Fargo. The UK’s HBOS ranked sixth among the biggest losers.

MONACO, The Financial Times Business of Luxury Event 2009 was attended by over 400 attendees, including senior executives, luxury consultants, brand experts, fund managers, M&A specialists, and securities and retail analysts from around the world. The event offered an exclusive insight into new trends and business models shaping the global luxury sector, and was chaired by Lionel Barber.

The summit brought together senior luxury sector executives, corporate decision-makers and financiers, and speakers included Bernard Arnault, Chairman & CEO, LVMH Moët Hennessy – Louis Vuitton; Diego Della Valle, Chairman & CEO, Tod’s Group;Angela Ahrendts, CEO, Burberry; Simon de Pury, Chairman, Phillips de Pury & Company; Jim O’Neill, Global Chief Economist, Goldman Sachs; Tyler Brûlé, Editor in Chief, Monocle; Alex Bolen, CEO, Oscar de la Renta Ltd; Joshua Schulman, CEO, Jimmy Choo; and Malcolm McLaren, artist.

Best Mobile Site: FT Mobile (m.ft.com)

Best Commentator and Decade of Excellence: Andrew Hill

Columnist of the Year: Michael Skapinker