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...Goldman and Marchon did not immediately respond to a request for comment....
...Deutsche Bank chief executive Christian Sewing said the prospect of tougher capital rules for US banks could level the competitive playing field with their more dominant US rivals, however....
...Citigroup cut 5,000 jobs, Morgan Stanley shed 4,800, Bank of America 4,000, Goldman Sachs 3,200 and JPMorgan Chase 1,000. Collectively, the big Wall Street banks cut at least 30,000 staff in 2023....
...“It was a very, very strong quarter,” said Christian Bolu, banking analyst at Autonomous Research....
...“Notwithstanding elevated interest rates, financial markets have remained resilient, reflecting liquidity support and property market deregulation,” said Goldman Sachs analysts....
...That’s not unusual, says Oliver Wyman’s Christian Edelmann....
...Last year JPMorgan chief executive Jamie Dimon was paid $36mn, Goldman Sachs chief executive David Solomon was paid $31mn and outgoing Morgan Stanley chief executive James Gorman received $37mn....
...The memo from chief executive Christian Sewing and chief operating officer Rebecca Short said other staff could work from home two days a week, but banned the common practice of staying away from the office...
...Goldman Sachs chief executive David Solomon, who was on the same panel, joked in response: “You could join our world and have more ink on your fingers if you’d like.”...
...Goldman Sachs’s Allison Beller has resigned to join Prelude Growth Partners, Bloomberg reported. She had been a managing director focused on making consumer bets within Goldman’s private equity arm....
...“The issue for Goldman here is: are these temporary issues that once they’re resolved they can get to their target RoE of mid-teens?” said Christian Bolu, an analyst at Autonomous Research....
...Christian Bolu, banking analyst at Autonomous Research, said the appointment “makes sense” given that Pick oversees the bank’s trading and investment banking businesses, its most complex and riskiest activities...
...But analysts at Goldman Sachs warned last month that the global cathode market may be oversupplied over the next decade, advising investors to sell shares in EcoPro BM and Posco Future M....
...But the shift will end a situation in which Goldman Sachs and others could underwrite listings in the world’s biggest market at a time when Citi could not....
...“Big investors are less sanguine about the US Treasury market,” explains Christian Kopf, head of fixed income at Union Asset Management....
...Kwon Goo-hoon, a senior economist at Goldman Sachs in Hong Kong, notes that the ultimate source of demand for Korean components shipped to China very often lies outside China itself, and that the importance...
...Weidel, who has a PhD in economics and worked for Goldman Sachs and Allianz Global Investors before entering politics, has led the AfD’s parliamentary group since 2017....
...“We have had 10, 15 years of very low interest rates,” said Christian Bolu, banking analyst at Autonomous Research. “You could buy anything with cheap debt and make it accretive....
...Autonomous Research analyst Christian Bolu said he expected the sale of GreenSky to result in further losses, pointing out the bank had agreed the deal at “the top of the market for fintech companies”....
...But Apple’s real strength is that it earns money from hardware sales and non-banking services, said Christian Owens, chief executive of Paddle, a payments company....
...“I’m not seeing more demand from the client side,” said Christian Nolting, chief investment officer at Deutsche Bank Wealth Management....
...I also hadn’t digested that Morgan Stanley has overtaken Goldman Sachs as the big cheese on Wall Street....
...Morgan Stanley’s investment banking business consistently lags behind JPMorgan Chase and Goldman Sachs in league tables....
...That enabled EQT chief executive Christian Sinding and founder Conni Jonsson to each sell shares worth more than $100mn in 2021....
...Join us on October 17 at the Biltmore Mayfair in London as we gather the biggest names in M&A, private equity and corporate finance, including EQT chief Christian Sinding and the UK’s regulatory boss Sarah...
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