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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....
...A decade ago, Morgan Housel says he set a goal that led to “one of the most enlightening changes of my life”....
...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....
...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....
...Banking partners, including Morgan Stanley and JPMorgan, cut ties and within a week, the firm announced it was breaking up....
...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....
...Bad loans and astrologers: Charlie Munger tells all Charlie Munger has long been known as an outspoken critic of investment banks, private equity firms and the wider financial sector....
...Banks including Deutsche Bank, Morgan Stanley and Standard Chartered have all recently said that changes to clients’ valuation could lead to volatility in climate disclosures....
...“For most of the retail and business community outside of life sciences and tech, SVB is not really a main event,” Charlie Nunn said at a Morgan Stanley conference on Tuesday....
...The show is the latest to feature Diane Morgan’s fictional, airheaded TV presenter Philomena Cunk — a character who first appeared on Charlie Brooker’s satirical current affairs programme Weekly Wipe almost...
...Smart reads Tough act to follow Morgan Stanley’s soon-to-be chief Ted Pick faces a challenge most Wall Street CEOs would envy, the FT’s Brooke Masters writes: keeping up the winning streak....
...Birkenstock and its advisers — including Goldman, JPMorgan Chase, and Morgan Stanley — have lined up anchor investors to support the deal....
...In an interview with the Financial Times over the weekend, Berkshire Hathaway’s Charlie Munger warned regional banks were “full of” bad commercial property loans....
...Paul Weiss has also recently brought on Morgan Stanley’s M&A chair Robert Kindler and energy and infrastructure corporate lawyer Ravi Purohit from Latham & Watkins....
...JPMorgan Chase chief executive Jamie Dimon was paid $34.5mn in 2022, unchanged from the prior year, while Wells Fargo CEO Charlie Scharf’s pay was also flat at $24.5mn....
...Clare Woodman, head of Morgan Stanley in Europe, says the reforms should increase UK market efficiency and competitiveness but “a continued focus on maintaining high standards of regulation will be important...
...Morgan Stanley has promoted senior M&A banker David Kitterick to deputy head of investment banking in Europe....
...Add in guitarist Charlie Hunter’s resonant authenticity and Allen’s soulful modern jazz gains the power of a field-holler cry....
...What typeface does JP Morgan use for body text in its sell-side research? …and that’s it....
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