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...Santander has agreed to hire the former co-head of Credit Suisse’s investment bank, David Miller, who becomes the latest executive to join from the collapsed Swiss lender....
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British bank reports 13% decline in quarterly profits but still beats analysts’ expectations
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...Last year JPMorgan chief executive Jamie Dimon was paid $36mn, Goldman Sachs chief executive David Solomon was paid $31mn and outgoing Morgan Stanley chief executive James Gorman received $37mn....
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...Goldman chief executive David Solomon received a 24 per cent boost to his pay package, taking it to $31mn, despite the investment bank reporting its lowest profits in four years....
...Lacher and members of the board’s governance and risk committee will forgo their share-based fees, while Julius Baer also confirmed an FT report that David Nicol, chair of the committee, would not stand...
...They decided to write off the bank’s entire exposure to Signa and agreed with Rickenbacher that he should step down, along with David Nicol, a non-executive director who was in charge of the board’s governance...
...David Nicol, a Julius Baer board member who also led its governance and risk committee, is also set to leave, according to people briefed on the decisions....
...Wall Street chief executives have been among the most critical of staff working outside the office, with Goldman Sachs’ David Solomon once calling working from home “an aberration” and JPMorgan’s Jamie Dimon...
...After an introduction by a mutual friend, the photographer Tim Walker, Cate Blanchett wore one of his digitally printed dresses in Cannes in 2015, featuring imagery of Tudor-era jewellery — and a gallery...
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...In just this way, David Nicholls’ new novel You Are Here begins with seemingly artless simplicity....
...He adds that FBUK’s members — which have annual revenues of between £4mn and £5.5bn and include the 12th generation C Hoare & Co, the UK’s oldest bank, founded in 1672 by Sir Richard Hoare — would not survive...
...The firm’s “apparent conflicts of interest permeated FTX’s bankruptcy filing and every aspect of the case”, Jonathan Lipson of Temple University and David Skeel of the University of Pennsylvania wrote in...
...As it happens, Jackson Walker’s credibility as a law firm is already in question. Judge Jones’s secret romantic partner was a Jackson Walker lawyer....
...This C-suite shake-up should be welcomed. Shares in Boeing are down almost a quarter this year and remain down more than 55 per cent from their pre-crisis peak in 2019....
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