Hints and tips:
...Job moves Todd Leland, president of Goldman Sachs’ international unit and a member of the bank’s powerful management committee, will retire at the end of the year and become an advisory director, according...
...It’s happening at chair, CEO, CFO and non exec levels.”...
...The Vix index — measuring the options-implied volatility of the S&P 500 over the next 30 days — this week fell to 13.5, writes George Steer in London....
...Chedid noted that a notional “S&P 492” — the flagship index robbed of its eight largest constituents — is actually down a fraction this year....
...I am somewhat surprised by this and ask Doctor P if he witnessed this himself. “The man just has a heart of gold, helping people.”...
...How much is it worth to retain a star CEO?...
...Todd Boehly’s crypto meltdown Things are not going great for Todd Boehly....
...It was Thomas Hirschi, head of banking at Swiss financial regulator Finma, on the line....
...He famously took Santander to court for withdrawing a 2018 offer they made him to take over as CEO. He was ultimately awarded €43.5mn....
...Strategas’ Todd Sohn noted that: . . . equity ETF flows remain tepid....
...A motivational speech commonly attributed to preacher Eric Thomas....
...Obviously less than a fifth of all US public company directors being female (and 6.6 per cent of S&P 500 CEOs) shows that there’s still a lot of wood to chop....
...Crestview Partners co-founder Thomas Murphy Jr has joined Berkshire Hathaway’s board of directors....
...Smart reads The real Ted Lasso Todd Boehly has proven himself a venerable dealmaker from Hollywood to Major League Baseball....
...Job moves FTX has hired a new chief financial officer, head of human resources and administration, and head of information technology, according to court testimony by CEO John Ray on Tuesday....
...The US S&P 500 had a rough 2022, for sure. But it is still up by more than 50 per cent in the past five years. No major European index can come close to that....
...BNY, the 12th-largest US bank by assets according to S&P Global, is in the process of a leadership transition, announcing last week that Robin Vince would take over from Todd Gibbons as chief executive later...
...Strikingly, Icahn’s anger at surging CEO packages aligns him with leftwing Democrats such as Bernie Sanders and Elizabeth Warren, who have proposed new taxes on companies where the ratio of CEO pay to median...
...Ark set out to have a portfolio that has little overlap with the Nasdaq and the S&P 500....
...The City ought to take corporate corruption overseas more seriously, the FT’s Helen Thomas argues....
...S&P Global downgraded Credit Suisse AG. We have taken very decisive steps....
...“Newly appointed CEOs should consider tactics for offsetting negative sentiment before it escalates,” Thomas Keil of Zurich university, Bocconi’s Dovev Lavie and Stevo Pavićević of Frankfurt School of Finance...
...BNY Mellon has appointed Todd Gibbons as its chief executive, elevating him from interim CEO, after a six month search for a successor to Charlie Scharf who left to run Wells Fargo....
...In contrast, London Business School’s Alex Edmans took issue with what he saw as “the irrelevance of CEO-worker pay ratios”....
...From top to bottom, from CEO compensation to divisional budgeting and P&L to managerial targets, structures and incentives, we’ve built private firms from the ground up to do one thing really well: extract...
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