logo
DLA Piper appoints Matt Tweedie as CFO

DLA Piper appoints Matt Tweedie as CFO

Yahoo28-05-2025
UK law firm DLA Piper has appointed Matt Tweedie as its new CFO, effective 1 July 2025.
Tweedie, who will be based in London, joins from Knight Frank, where he served as group CFO and head of business services.
'He brings valuable experience to support the firm's growth strategy,' DLA Piper said.
Tweedie joined Knight Frank, real estate consultancy, in 2018 and was promoted to group CFO and head of business services in 2019.
Prior to his tenure at Knight Frank, he spent two decades at Arup, including 13 years as group CFO.
DLA Piper international managing partner and global co-CEO Charles Severs said: 'Matt is a highly accomplished financial leader who will help us drive efficiency and achieve our strategic growth plans. His extensive experience makes him the ideal candidate to lead our finance function.'
Tweedie added: "DLA Piper is a leading brand in the legal sector. Its strong client base, sector expertise, global reach and culture make the firm stand out. I look forward to working with Charles and the leadership team to contribute to the firm's continued success.'
DLA Piper has offices across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.
The firm is involved in various advisory services, including recent engagements with multiple organisations.
Among its recent advisory roles, DLA Piper advised on the warranty and indemnity (W&I) insurance for a 'leading' insurer.
This was in connection with the acquisition of a majority interest in the JET fuel stations network in Germany and Austria by a consortium of Stonepeak and Energy Equation Partners.
Additionally, DLA Piper advised Benchmark Holdings on its proposal to return capital to shareholders, the cancellation of the admission to trading of its ordinary shares on the LSE's AIM market and Euronext Growth Oslo, and its subsequent registration as a private limited company.
In another development, DLA Piper advised Rhino Federated Computing in closing its $15m Series A financing round.
"DLA Piper appoints Matt Tweedie as CFO " was originally created and published by International Accounting Bulletin, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Voices: We can't afford to let London's ‘golden postcodes' go to the wall
Voices: We can't afford to let London's ‘golden postcodes' go to the wall

Yahoo

timea day ago

  • Yahoo

Voices: We can't afford to let London's ‘golden postcodes' go to the wall

The top end of London's property market usually eases into the year, but 2025 has got off to an unusually subdued start. The capital recorded just 34 sales of more than $10m during the first quarter of this year – about a third fewer than the same period in 2024, according to Knight Frank's latest Global Super-Prime Intelligence report. The slowdown stands in stark contrast to a global market that is gaining momentum. Worldwide, 527 super-prime properties changed hands in the first quarter, a six per cent year-on-year increase. By now, we all know what's behind the discrepancy. Labour's heavy-handed taxation of high earners has come at a time when there are more attractive alternatives than ever before. The Dubai lifestyle, light-touch tax in Italy, and the rising stock of true luxury homes in Paris and Madrid are all prompting high-net-worth individuals to hedge their bets on London. Meanwhile, US Commerce Secretary Howard Lutnick told the Financial Times that more than 70,000 people have applied for Donald Trump's new 'gold card' visa, which grants long-term residency to foreign investors willing to spend and stay in the US. It turns out that the small group of very wealthy individuals living in Britain are flightier than the Treasury expected, and the taxpayer will now have to foot the bill. The government has already lost more than £400m in stamp duty on sales above £5m – overwhelmingly in London's 'golden postcodes' such as SW1 and W1, including prime locations like Mayfair, Chelsea, St John's Wood and South Kensington – since the first non-dom reforms were announced by the previous government, according to analysis by Knight Frank UK research head Tom Bill. The real cost is likely to be much, much higher. Even the Office for Budget Responsibility (OBR) is coming around to that idea. A combination of reforms to the non-dom regime, first introduced under Jeremy Hunt in March 2024 and then expanded by Labour in October, were expected to raise £13.1bn from 10,000 individuals by 2027/28. Capital gains tax reforms were supposed to deliver another £2.5bn by the end of the decade. However, the behavioural assumptions underpinning those numbers haven't held. 'Higher earners' behavioural responses to tax changes are more uncertain and potentially higher than assumed,' the OBR conceded on July 8. 'A growing reliance on this small and mobile group of taxpayers therefore represents a fiscal risk.' The OBR isn't the first to issue that warning – yet, it's not clear whether the penny has dropped for those in Downing Street. Despite rumblings that Chancellor Rachel Reeves was considering reversing parts of her non-dom crackdown to stem departures of high net worth individuals, nothing has materialised so far. Former Labour leader Neil Kinnock also recently called for a two per cent wealth tax on assets above £10m, which may not have been endorsed, but it wasn't ruled out either. Even this kind of speculation is damaging – confidence is fragile, and the message from policymakers matters. Successive governments have treated high-net worth individuals as a dependable source of revenue, but trust has now been eroded. It will take years of predictable, measured policymaking to rebuild it. The silver lining is that many of the highest earners appear to be holding onto their London homes while they weigh up their options. Bill's analysis showed that the number of new sales instructions in the first six months of the year in prime central London (PCL) was 32 per cent higher than the five-year average (excluding 2020). Above £5m, there was an equivalent increase of 14 per cent and above £2m, there was a rise of 22 per cent. In other words, property listings in the first half of 2025 were skewed towards the lower price brackets. Crucially, lenders are playing their part – banks are working on very tight margins and taking a proactive approach to help borrowers reach decisions that work for them. London remains one of the world's most desirable cities, but desirability isn't destiny. The government can't afford to keep learning the same lesson: that you cannot bank on a mobile, globally-minded minority to fund massive imbalances in taxing and spending. What happens next will depend not just on rates and rules, but on tone. The sooner the government steadies the narrative, the faster London can reassert its position as Europe's foremost hub for private wealth. Simon Gammon is a managing partner at Knight Frank Finance

Harvard ‘wants to settle' after Columbia's $200M fine over civil-rights probe, Trump says
Harvard ‘wants to settle' after Columbia's $200M fine over civil-rights probe, Trump says

New York Post

time3 days ago

  • New York Post

Harvard ‘wants to settle' after Columbia's $200M fine over civil-rights probe, Trump says

WASHINGTON — Harvard University 'wants to settle' after seeing Columbia get all of its grant funding back in exchange for a $200 million fine to resolve civil-rights violations, President Trump said Friday. 'Harvard wants to settle, but I think Columbia handled it better,' Trump told reporters on the White House's South Lawn before departing for a trip to Turnberry, Scotland. 'They have a very good, Obama-appointed judge,' he said of the jurist overseeing Harvard's case. 'And so they'll get a little kick out of that. But ultimately, we win that case. And the bottom line is we're not going to give any more money to Harvard.' Trump stripped the Cambridge, Mass., school of $2.6 billion in federal funding earlier this year because he said it discriminated against Jewish faculty and students by not protecting them enough from hate, and also because the Ivy League promoted DEI. 6 President Trump claims Friday that Harvard University 'wants to settle' its court case involving his administration stripping funding over discrimination issues. Anna Wilding/ Harvard has shown no signs of relenting in its lawsuit against the administration, but the president and Education Secretary Linda McMahon have both expressed confidence in a future settlement. 'We're hoping that Harvard will come to the table,' McMahon told NewsNation's 'Morning in America' on Thursday. 'We're already seeing other universities that are taking these measures before investigation or before our coming in to talk to them.' Former Harvard President Larry Summers had posted on X that the terms of Columbia's recent agreement, which allowed for the return of $400 million in grants and other federal funding, were 'an excellent template' for his alma mater. In particular, Summers noted the deal's commitments to academic freedom and reforms to address the explosion of antisemitism on campus after Hamas' Oct. 7, 2023, massacre in Israel — not to mention the return of grants that have stalled scientific and medical research. As part of its agreement, Columbia University will also appoint an independent monitor, place disciplinary issues under the purview of the provost's office, submit 'semi-annual' reports on its compliance with Title VI, VII and IX anti-discrimination rules to the feds and ensure it is implementing merit-based hiring and admissions requirements. 6 An anti-Israel mob illegally occupies Butler Library at Columbia University in spring 2024. Obtained by NY Post It will also pay out more than $20 million to Jewish employees who were discriminated against. Not all Jewish alumni were convinced that the terms were enough, pointing to several provisions floated during negotiations in April — such as placing departments under an academic receivership or abolishing the University Judicial Board for not punishing anti-Israel demonstrators — that weren't agreed to. 6 'We're hoping that Harvard will come to the table,' Education Secretary Linda McMahon told NewsNation's 'Morning in America' on Thursday. AFP via Getty Images 'Whatever money it is, Columbia is treating it as a drop in the bucket,' said Shai Davidai, who announced he was leaving the school earlier this month after a year-plus investigation into him cleared the business school professor of wrongdoing. 'We have to remember the billions in endowments,' he said of the Ivy League school's outside haul. Still, 'I hope they're feeling a little bit of pain — and rethink their actions in the future,' Davidai said, As for the more than $20 million promised to Jewish workers who were discriminated against, the professor said he doesn't know whether he'll see 'a penny' of it. 'I'm cautiously optimistic — because nobody knows. We don't have any assurances,' he said. Sam Nahins, a Columbia grad student trapped inside the school's main Butler Library during the student siege on campus last year, added that the deal's promised safety enforcement may prove difficult based on the vague language of the pact. 'It's a great step in the right direction, but the biggest concern is faculty members not facing accountability for their incitement and involvement,' Nahins said. 6 'The settlement was carefully crafted to protect the values that define us and allow our essential research partnership with the federal government to get back on track,' said Columbia acting President Claire Shipman in a statement. REUTERS 'I think with the [faculty] senate losing disciplinary power, the school adopting the [International Holocaust Remembrance Alliance] definition of antisemitism and students leaving Columbia in masses due to expulsions, suspensions, and graduation, we might see and feel a difference on campus,' Nahins said. But the rot at the fabled Ivy runs deep, the grad student said. 'That can all be for nothing if professors keep indoctrinating students.' Columbia acting President Claire Shipman in a statement, 'The settlement was carefully crafted to protect the values that define us and allow our essential research partnership with the federal government to get back on track. 'Importantly, it safeguards our independence, a critical condition for academic excellence and scholarly exploration, work that is vital to the public interest.' 6 Harvard, in its case against the Trump administration, has argued that the revoking of grants violates the university's First Amendment rights. Getty Images An email from the Columbia provost's office Wednesday night noted the significance of having none of its academic departments 'placed under outside supervision or receivership,' according to a copy obtained by The Post. 'This landmark agreement, including a record-breaking $21 million EEOC settlement—the largest ever for victims of religious or racial discrimination—is a direct result of President Trump's unwavering commitment to combating antisemitism and ensuring justice for Jewish students and faculty,' said White House principal Deputy Press Secretary Harrison Fields in a statement. 'This historic settlement with Columbia is a monumental victory for the Jewish community and the entire country, and everyone should applaud a return to common sense and upholding the civil rights of all Americans.' 6 Former Harvard President Larry Summers said the terms of Columbia's agreement, which allowed for the return of $400 million in grants and other federal funding, were 'an excellent template' for his alma mater after losing $2.6 billion in funding. AFP via Getty Images Harvard, in its case against the Trump administration, has argued that the revoking of its federal grants violates the university's First Amendment rights, a line of argument that Boston US District Judge Allison Burroughs seemed inclined to agree with during a Monday hearing. Burroughs questioned whether the government had the ability to make 'ad hoc' decisions about yanking research dollars without being able to prove Harvard officials have actually done enough to curtail Jew-hatred on campus. Reps for Harvard University did not immediately respond to a Post request for comment.

Endoscopic AI: AI Medical Service Inc. Has Obtained Regulatory Approval from Thailand's FDA for Its Gastric AI-based Endoscopic Diagnosis Support System
Endoscopic AI: AI Medical Service Inc. Has Obtained Regulatory Approval from Thailand's FDA for Its Gastric AI-based Endoscopic Diagnosis Support System

Business Upturn

time3 days ago

  • Business Upturn

Endoscopic AI: AI Medical Service Inc. Has Obtained Regulatory Approval from Thailand's FDA for Its Gastric AI-based Endoscopic Diagnosis Support System

Business Wire India AI MEDICAL SERVICE INC. (hereinafter AIM), a medical start-up specializing in the development of diagnostic endoscopic AI, is excited to announce that it has received medical device approval from the Thai Food and Drug Administration (Thai FDA) on June 26, 2025. The approval is for its endoscopic image diagnosis support software, the "gastroAI-model G." This system utilizes artificial intelligence to assist physicians in differentiating between neoplastic and non-neoplastic gastric lesions within endoscopic images. This marks the first time in Thailand that an AI-powered diagnostic support system for the upper gastrointestinal tract, equipped with lesion differentiation1 capabilities, has received regulatory approval2. This press release features multimedia. View the full release here: Software image Background of our efforts to complete regulatory review and device registration in Thai Gastric cancer is the fifth most common cancer in the world, with more than 1 million people contracting gastric cancer and approximately 600,000 people dying from the disease each year3. Gastric cancer is characterized by a mortality rate that increases significantly with disease progression. However, gastric cancer is very often treatable if detected at an early stage; the 5-year relative survival rate is approximately 95% if detected at stage I, but less than 50% if detected at stage III or later4. Nevertheless, early-stage gastric cancer is difficult to detect and is said to be missed in 4.5 to 25.8% of cases5. In Thailand, the high mortality rate for gastric cancer (approximately 75%6 of diagnosed individuals die from the disease) suggests that many cases are detected at an advanced stage. This healthcare challenge is compounded by significant demographic trends; as a member of the Global South, Thailand is experiencing economic growth and a rising life expectancy. For example, the current average life expectancy of around 76 years7 is one factor that contributes to Thailand having one of the most rapidly aging populations in the ASEAN region. According to the United Nations' World Population Prospects (2024), Thailand's population has peaked and is expected to decline in the future. Consequently, the need for effective cancer countermeasures, including for gastric cancer, is expected to rise concurrent to aging demographics. By delivering our gastric cancer diagnostic support AI leveraging Japan's world-leading endoscopic medical technology to the clinical frontline in Thailand, we aim to address the anticipated shortage of endoscopy specialists and ultimately contribute to reducing the number of deaths from gastric cancer. About gastric cancer differentiation AI 'Endoscopic image diagnosis support software – gastroAI-model G' The gastric cancer differentiation AI, brand-named 'Endoscopic image diagnosis support software – gastroAI-model G,' is a diagnosis support system for determining the neoplastic or non-neoplastic nature of gastric lesions. The system analyzes endoscopic still images acquired during endoscopic examination and provides near-instant feedback to the physician. The software indicates whether the candidate lesion featured in the image is likely neoplastic ('Adenoma or Adenocarcinoma'), likely non-neoplastic, or unlikely to be neoplastic ('Low Confidence')8. If the lesion in the image is neoplastic, the degree of visual similarity between it and historical neoplastic lesions (confidence level) is displayed, and a rectangle indicating the location of the lesion is superimposed onto the image. Brand name: Endoscopic image diagnosis support software – gastroAI-model G Approval Number: 68-2-2-2-0006282 About AI Medical Service Inc. AI Medical Service is a med-tech company and healthcare startup guided by the mission to "Save Lives All Over the World." Japan is a world leader in the field of endoscopy, with an accumulation of world-class data in both quality and quantity. We are engaged in product research and development that leverages this data, and we aim to save patients worldwide by swiftly delivering the results of these efforts to clinical settings. Company Company: AI Medical Service Inc. Address: Hareza Tower 11F, 1-18-1 Higashi-ikebukuro, Toshima-ku, Tokyo 170-0013, Japan Executive Leadership: Tomohiro Tada, Yasushi Takigawa Founding: September 1, 2017 Business: Development of endoscopic AI (artificial intelligence) to support diagnostic imaging and related activities

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store