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...US asset managers Fidelity and Capital Group between them raised their stakes by more than SFr1.5bn and are now top-10 independent shareholders, according to data from S&P Capital IQ....
Chief CS Venkatakrishnan sets out ambitious plan to boost revenue and revive bank’s depressed valuation
...Now try this Although I am distraught about the end of Radio 3’s weekend jazz programme, J to Z, I am very happy indeed that its new schedule moves the wonderful Night Tracks an hour earlier....
...The drop in average bonus was much smaller than 2022’s 25 per cent plunge, as firms sought to hang on to top bankers and traders, a sign that many expect a fall in interest rates this year will lead to a...
...The share gains were fuelled by its fast-rising assets under management, which eclipsed $1tn for the first time, and its inclusion into the S&P 500 index....
...Tuesday’s share price drop extended the plunge in the Austin-based carmaker’s stock this year to 33 per cent, making it one of the worst performers in the S&P 500 with a trajectory that continues to diverge...
...The slowdown has sent Tesla’s shares down 31 per cent this year, making it the second-worst performer on the S&P 500....
...Fear and loathing in Westminster Terrorism in Great Britain has two significant sources: Islamist terror, which has made up about 67 per cent of attacks since 2018, about three-quarters of MI5’s caseload...
...Joanna S Kao Stephen Foley is the FT’s US accounting editor. Thanks, Stephen. Stephen Foley Thanks so much....
...Canada’s main stock index, the S&P/TSX Composite, has advanced 31 per cent since 2019, compared with a 74 per cent gain for the S&P 500....
...too much on the extreme right (which is responsible for 22 per cent of attacks since 2018, makes up 28 per cent of those in custody for terrorism-related offences and accounts for about a quarter of MI5’s...
...Canada’s main stock index, the S&P/TSX Composite, has advanced 31 per cent in the last five years, compared to a 74 per cent gain for the S&P 500....
...ITV’s Post Office drama is part of a long history of politically significant drama going as far back as 1966’s BBC drama Cathy Come Home. But something worth worrying about, I think, is this....
...Over that same period, the S&P 500 has surged more than fourfold; even mainland China’s underperforming Shanghai Composite has far outdistanced the Hong Kong bourse....
...Giles Edwards, an analyst for S&P Global, said that “rising earnings mark a welcome normalisation after years of margin compression, but they do not alleviate all of the structural challenges to banks’ profitability...
...Others may similarly choose to let the Booker Prize, or Radio 3’s record review, do a similar job of separating sheep from goats....
...Now try this Caroline Shaw, one of my favourite living composers, was BBC Radio 3’s Composer of the Week last week, and a delightful guest she was too....
...Wells Fargo shares closed 1.4 per cent lower in New York on Tuesday, as the S&P 500 dropped 0.1 per cent....
...Stephen BushFortunately, they took it in good humour. They said, yeah, I have got the government spad stubble and M&S suit on, I accept....
...Stephen Brown, Capital Economics’ deputy chief North America economist, wrote that ISM data showing a rise in the prices-paid index to a 20-month high “looks somewhat concerning for the Federal Reserve”...
...stephen.bush@ft.com...
...Additional reporting by Stephen Morris in San Francisco...
...The Russell 2000 index has risen 24 per cent since the beginning of 2020, lagging behind the S&P 500’s more than 60 per cent gain over the same period. Read the full story. 4....
...You know, he’ll be generous, but, you know, 100’s a little bit too much. Lilah Raptopoulos Yeah....
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