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...“If a group of partners came along and said, ‘join our lawsuit’, I would not have wanted to sign away my right to do that,” the former partner said. Grant Thornton declined to comment....
...He previously worked at insurance group Aviva for more than a decade....
...Other recent partner-level exits include Solomon’s longtime lieutenant, Jim Esposito, Beth Hammack, co-head of the bank’s financing group and the former head of its consumer and wealth division Stephanie...
...A group of retired partners, including three former chief executives, are negotiating with the current leadership to try to get a better deal....
...Google has a 10-year deal with derivatives exchange CME Group and invested $1bn in the Chicago-based business....
...Banking lobby groups have threatened lawsuits....
...Wall Street lobby groups argued this week that the standardised approach for loan books was “punitive” and arbitrary....
...Absent the Basel endgame, the investment case for US banks has greatly improved with the Fed pivot to a more dovish stance on interest rates....
...Unsurprisingly, the Bank Policy Institute is a US trade group representing banks. Jamie Dimon chairs the group’s board, which is basically a list of top executives from the biggest money-centre banks....
...They certainly should after the entertainment group announced a long-expected go-private sale to its existing majority shareholders this week. The deal values Endeavor’s equity at $13bn....
...The comment period for the Basel III endgame proposal ended in January and attracted more than 300 letters from bank lobbyists, groups representing borrowers and from various industries and individuals....
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
...Groups such as Vitol and Trafigura, which traditionally relied on political connections, handshakes and logistical skill to move natural resources from remote locations to willing buyers, are increasingly...
...But a group of Republican senators expressed support for the banks’ position, including Tim Scott, the top Republican on the committee, who said the Basel rules risked having “a devastating impact” on the...
...Many are also thinking about the Basel endgame regulatory framework coming....
...As well as running four fairs in three continents, the group also lends its expertise to city-based events such as Art Week Tokyo....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...It concluded that Apollo’s limited partnership agreements, with pensions and sovereign wealth groups, stated that such travel and dining expenses should be borne by Apollo, not the funds and its investors...
...(Art Basel’s owner, MCH Group, has a small stake in the design fair’s parent company.)...
...Christopher Finn, the longtime chief operating officer at Carlyle Group, is retiring this summer....
...“We wish that there could have been a better outcome for the Ted Baker employees and stakeholders,” John McNamara, chief strategy and transition officer at Authentic Brands Group, the US owner of the Ted...
...Devin Nunes, chief executive of Trump Media & Technology Group, wrote to the head of the Nasdaq exchange this week “to bring your attention to potential market manipulation” of the company’s stock, according...
...It attracted about 300 comment letters from bank lobbyists, groups representing borrowers and various industries and individuals....
...China started commercial driverless development in 2013, about five years after groups in the US....
...The family lost control of the group after failing to repay bad debts of close to £1.2bn last year to Lloyds Banking Group....
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