Hints and tips:
...The co-head structure exists so that these decisions can be made during the domestic trading day. Meltdown potential: Low....
...News round-up JPMorgan sued by chief executive of fintech it co-owns (FT) Former Goldman analyst found guilty of insider trading and fraud (FT) Deutsche Bank threatened with fines over flawed money laundering...
...“To move forward with an IPO, management have to be confident in the economic backdrop and the expected performance of their business — that confidence is starting to improve ,” said Eddie Molloy, co-head...
...Bonhams’ star-studded offerings in 2023 included the personal collection of actor Roger Moore and the estate of broadcaster Barbara Walters....
...But the division’s revenues are much smaller than its core investment banking and trading business, which investors view as unpredictable and attract a lower stock market valuation....
...Job moves Rothschild & Co has named Andrew Yearley, previously a managing director of restructuring and capital solutions at Lazard, as global co-head of restructuring in New York....
...It begs the question as to why PayPal is doing it....
...“That plus fertiliser — that’s the green revolution.”...
...As Erasmus’s Swinkels notes: The beauty of NBIM is keeping things simple. There’s beauty in simplicity, especially when there are political considerations....
...Nisbet describes it as a “rethink” and says she would like to steer the focus towards artists — “often overlooked in the business of doing everything else”....
...Private actors are responding to the real advantages of doing business in dollars, like deep capital markets and predictable courts. This, not currency allegiance, is at the root of dollar dominance....
...The blog post described Bermuda as a jurisdiction “long known for a high level of rigour, transparency, compliance and co-operation”....
...One thing to start: Diageo will end its business relationship with Sean Combs, known as Diddy, after the businessman and rapper alleged racial discrimination by the drinks group, which it “categorically...
...She’s already got a lot of sort of internal clout and plaudits through her role as campaign co-ordinator over the last few years....
...As Lex notes, Elliott has previously focused on Japanese businesses that were doing poorly....
...Smart reads ‘The Big Con’ Consultants such as McKinsey, Bain and Boston Consulting Group know less than they claim to and can end up doing more harm than good in the long term, economist Mariana Mazzucato...
...And finally As a child in New York, I grew up taking school field trips to the Frick Collection....
...In the US, I think you might have 70-plus stock exchanges, and in ad markets you have dozens of ad exchanges as well....
...Organised by the Philadelphia-based, pre-owned watch platform WatchBox, the selling exhibition, titled Two Decades of Complexity & Beauty — the Pivotal Collections by FP Journe and De Bethune, started in...
...The documents provide an unprecedented insight into Wagner’s business operations, revealing a group of front companies connected to Prigozhin, such as RN Trading, that have managed to operate unsanctioned...
...The tie-up arrived at an opportune moment for Coinbase, which has come under intense pressure since its direct listing last year as a result of tumbling crypto prices and falling trading volumes....
...The collection includes intimate portraits of sitters such as Lord Goodman, Sue Tilly and Lee Bowery....
...Co-founder Paul Sengh seemed stoic as FTX began to collapse: Watch this space?...
...revenues to half as much as the previous year’s....
...Its latest $1.5bn healthcare foray will do little to help its shaky apps business as Beijing cracks down on tech, and similar bets by rivals Alibaba and Tencent haven’t played out well....
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