Hints and tips:
...In the current litigation, Frasers said Morgan Stanley rejected it as a client in April 2021 and alleged this was because Simon Smith, global co-head of the investment banking division at Morgan Stanley,...
...Others, such as Goldman Sachs and Morgan Stanley, have relied on their wealth and asset management arms....
...Kelleher, a veteran of Morgan Stanley, will be watching if UBS can compete with his former bank and the industry leader in wealth management....
...“Elon would always say ‘Let them sue’, it was a constant refrain,” said one former senior staffer who was let go in the latest cuts. “It’s all very short-term thinking.”...
...A California court agreed that a Russian businessman could sue CMB Monaco under legislation from 1970 designed to crack down on the mafia....
...“We believe mainstream ESG investors have not yet fully looked into this space,” Morgan Stanley said....
...More Big Tech: The New York Times has become the first major US media company to sue OpenAI and Microsoft over their artificial intelligence chatbots....
...Banking partners, including Morgan Stanley and JPMorgan, cut ties and within a week, the firm announced it was breaking up....
...Evercore has named Barclays financial sponsors veteran Carolyn Crooks as a senior managing director in New York. PayPal has named senior Intuit executive Alex Chriss as its new chief executive....
...Profits at Goldman Sachs, Morgan Stanley and a clutch of other western banks in China fell sharply last year, figures published by the lenders and seen by the Financial Times show....
...“If the amended docs say you must sacrifice your first born to sue the majority, is that too extreme?” he said....
...Job moves Morgan Stanley boss James Gorman plans to step down within the next year....
...Franck Petitgas, who recently retired from his role as Morgan Stanley’s top international executive, is taking a role in Downing Street as a special adviser on business and investment to the UK prime minister...
...Morgan Stanley has hired Credit Suisse’s head of healthcare investment banking for the Americas Ryan Bondroff, Bloomberg reports....
...Former CBI chair Dame Carolyn Fairbairn is joining Tesco’s board in September. Antitrust lawyer Karen Kazmerzak has joined Simpson Thacher from Sidley Austin as a partner in Washington DC....
...Ethan WuIt’s JPMorgan, it’s Morgan Stanley, it’s Citi, banks like that....
...Team Musk, meanwhile, wanted to reserve the right to sue Twitter executives....
...One thing to start: Carlyle Group has sounded out two senior Wall Street bankers — Citigroup chief financial officer Mark Mason and outgoing Morgan Stanley chief operating officer Jonathan Pruzan — about...
...Job moves Morgan Stanley’s top international executive, Franck Petitgas, is retiring from the Wall Street bank after a 30-year career in capital markets and investment banking. Read the FT scoop....
...Disney has added media veteran Carolyn Everson to its board of directors as part of an agreement with Daniel Loeb’s Third Point just weeks after the activist investor abandoned his push for a spin-off of...
...Made peace with Stanley Gold and Roy Disney. Made peace with Steve Jobs, which led to the acquisition of Pixar....
...In a more hostile outcome, Musk could sue Twitter’s board for not acting in the best interests of shareholders....
...News round-up Boston Consulting Group sues GameStop claiming $30mn in unpaid fees (FT) Evergrande bondholders threaten to sue after being blindsided by $2bn claim (FT) Japan’s regulator extends allegations...
...since Didi (BBG) FirstGroup evaluates PE offer valuing shares at up to £1.23bn (FT) Bankrupt former KPMG partner sues law firm over job loss (FT) Goldman Sachs’s buyout arm agrees $2bn deal for Norgine...
...News round-up US sues to stop UnitedHealth’s $13bn purchase of Change Healthcare (FT) Deutsche chief exchanged friendly messages with client ditched over suspicious payments (FT) Ex-Goldman Sachs banker...
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