Hints and tips:
Related Special Reports
...One Beijing-based banker at CICC said pay cuts had been especially harsh on mid-level executives compared with new graduates, over whom the main brokerages compete, and more established and senior managers...
...It comes as the New York firm founded by former Goldman Sachs banker Gerry Cardinale faces pushback over plans to move the club to a new stadium south of Milan....
...Bankers’ trade group UK Finance said it had been looking into charities’ dealings with banks and was due to publish guidelines for charities shortly....
...According to a person familiar with the matter, Elliott started building its position in Scottish Mortgage last year and supports the trust’s share buyback plan....
...They jokingly called their meetings, which often happened in the morning when the banker was on business trips in Frankfurt or Munich, “the breakfast trust”. The trial continues....
...But London-based bankers shouldn’t rejoice too much....
...The banker exploited the trust put in him by his client, the authorities claimed, and stole the money outright, as well as making associates, family and friends large loans from it....
...At present, a branch of the main clearing house the Depository Trust and Clearing Corporation, called the Fixed Income Clearing Corporation, is the only venue where Treasury trades are cleared....
...A banker with years of experience at the National Trust and the Countryside Commission, Herbert brought a clear vision of the revolution required, and its timescale....
...News round-up Perella banker had €1mn tied up in secret ‘breakfast trust’ trading scheme, court told (FT) Warren Buffett-backed Mitsubishi’s shares surge to record high (FT) Barratt to buy rival Redrow...
...record of distressed debt investing, it is best known in the UK for its activist equity bets, including pushing for change at pharmaceuticals group GSK and more recently at Scottish Mortgage Investment Trust...
...“Certainly, Charlie has broken a lot of trust and credibility that he had in the market,” said one EchoStar bondholder, speaking before the latest cancellation....
...Wealthy individuals and their families are often targets for cybercriminals who seek to steal their money, identities, intellectual property and corporate data through a range of hacking campaigns, warn bankers...
...Khamenei controls the Islamic Revolutionary Guard Corps and has helped transform them into Iran’s most formidable institution....
...Lawyers for Camshaft said the fund “vigorously denies the statements made” in the legal filings by Glas Trust, without elaborating....
...The “tempo of questions” from asset managers was “rising quite rapidly” as the go-live date for T+1 in the US nears, said Gerard Walsh, head of client solutions, banking and markets at Northern Trust....
...chair Akio Toyoda has said he takes full responsibility for a spate of scandals at some of the group’s closest affiliates and will “take action” as the world’s largest carmaker by sales tries to regain the trust...
...The latest marriage will not affect the ownership of the Murdoch family trust, which controls News Corp and Fox, the person familiar with the matter said....
...In general, thought leadership and client learning are emerging as key areas of interest for the younger, entrepreneurial cohort of clients — and their bankers....
...He added: “Mike never, never had a reason not to trust” Hussain....
...There’s a private credit boom going on, and underworked, bonus-anxious investment bankers and their asset management colleagues are ON IT....
...In 2023, three-quarters of board seats won through activist campaigns were obtained through settlements rather than winning elections at shareholder meetings, according to data compiled by investment bankers...
...TikTok’s Chew also avoided committing to some of the bills, but insisted that the company expected to invest more than $2bn in trust and safety efforts this year....
...What of the Wall Street bankers — Morgan Stanley, Bank of America, Barclays — who loaned Musk $13bn for the purchase?...
...As one sharp reader, Peter, pointed out, this compares apples (the value of real estate assets) to oranges (the value of real estate investment trust equity)....
International Edition