Hints and tips:
...(FT) — The making of ‘bad gentry’ after the abolition of the civil service exam in China, 1902-1911 (The Journal of Economic History, v Phenomenal World) — Zach Carter with a post on the real student debt...
...For some context, Morgan Stanley earned $2.4bn in advisory revenues last year, JPMorgan Chase reported $2.5bn in advisory fees, and Goldman Sachs said it earned $3.5bn in financial advisory revenues....
...Among his achievements was the Goldman Sachs-led buyout of Kinder Morgan in 2006 in which the firm almost tripled its money....
...(Reuters) Dimon prevails on dual role: Just 32.2% of JP Morgan shareholders voted for a resolution to split the two positions of chairman and chief executive....
...Only a “surge higher” in these gauges can justify current asset prices. Results that are merely “less bad” will not suffice....
...However, Michael Hennessy of Morgan Creek Management says: “No one can ever precisely pick the top or bottom of a cycle....
...These companies can now buy long-coveted assets without concern that Blackstone, KKR or TPG will outbid them....
...Morgan Stanley is close to raising a record $4.2bn for its global Real Estate Fund V, $1.25bn for a new US-only fund and $1bn for a special situations property fund, according to the Real Estate Alert newsletter...
...Riat Chairman The Bremic Hotel V....
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