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...Chief executive Charlie Scharf announced that the bank had set aside as much as $1bn for further severance costs, suggesting tens of thousands of more jobs are at risk....
...Dear reader, Charlie Munger, Warren Buffett’s veteran sidekick, died this week. The vice-chair of investment group Berkshire Hathaway had a penchant for zingy aphorisms....
...Job moves Disney has appointed outgoing Morgan Stanley chief executive James Gorman and former Sky chief executive Jeremy Darroch to its board of directors....
...“Both Warren and Charlie were very clear on this,” a current Berkshire employee told DD’s Platt....
...These varieties are offered by Thompson and Morgan, my first resort for the latest veg seeds....
...Having started life as a joint venture between Nestlé and L’Oréal, Galderma was acquired by a consortium led by Swedish private equity group EQT in a $10bn deal in 2019....
...The writer is head of thematic research in Europe at Morgan Stanley A meme now circulates on social media: Atlas holding up the globe....
...Major lenders like Nomura, Credit Suisse, Morgan Stanley and UBS all took big hits....
...Overall fees for the mutual fund, which is offered in institutional shares as well as Class I, Class A, Class L, Class C and Class R6 share classes, range from 37 bps to 152 bps....
...The Fédération de l’industrie Horlogère Suisse has released its export report for March 2024 and . . . hoo, boy....
...French President Emmanuel Macron missed a G7 meeting at the weekend as he spent 13 hours meeting farmers at the country’s annual Salon de l’Agriculture trade show....
...A decade ago, Morgan Housel says he set a goal that led to “one of the most enlightening changes of my life”....
...However, in order to size the potential maximum impact to banks’ P&L, a scenario we think would be unlikely but possible, for example in times of financial distress, we have assumed that everyone older than...
...Banking partners, including Morgan Stanley and JPMorgan, cut ties and within a week, the firm announced it was breaking up....
...Charlie Jacobs, former Linklaters senior partner, was appointed JPMorgan’s co-head of investment banking in 2021....
...Charlie Chai, a Shanghai-based analyst at 86Research, said it was “essentially difficult” to use the H20 for training big AI models, restricted by a performance cap on a single chip....
...“The financial health of our consumers remains strong,” Wells chief executive Charlie Scharf told analysts....
...“I doubt that there is a systemic issue but I am nevertheless a little concerned,” said Sir Charlie Bean, a former Bank of England deputy governor who led a review of UK economic statistics in 2016....
...Birkenstock and its advisers — including Goldman, JPMorgan Chase, and Morgan Stanley — have lined up anchor investors to support the deal....
...The nerves come against a backdrop of a steep drop in global government bond prices and underscore investors’ “extreme prejudice towards anything sensitive to” the resulting higher borrowing costs, said Charlie...
...“2023 has been a year of cost pressures,” said Charlie Gilkes, who runs the Inception Group of bars and restaurants....
...Anyway, here are some Morgan Stanley charts: Venture activity has undergone its “[l]argest peak to trough swing in history”, writes analyst Edward Stanley....
...Morgan Lewis & Bockius O: 8; L: 7; I: 7; Total: 22The firm helped digital asset exchange Zipmex develop a restructuring plan, which was approved by the Singapore courts in March....
...Berkshire Hathaway’s future: Following the death of vice-chair Charlie Munger, investors contemplate how the conglomerate will perform without Warren Buffett’s sounding board....
...trading update, American Airlines Q3, AT&T Q3, Blackstone Q3, CSX Q3, Deliveroo Q3 trading update, Dunelm Q1 trading update, Equifax Q3, Hargreaves Lansdown Q1, London Stock Exchange Group trading update, L’...
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