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...kadhim@ft.com / sid.v@ft.com...
...The VanMoof V will be capable of 50kph/31mph and features two-wheel drive, front and rear suspension, thicker tyres and a new frame design....
...This hit fever pitch in 2019 when BB&T Corp and SunTrust banks combined in a $28bn deal to create Truist Financial, a super regional that now has more than $510bn in assets....
...He noted that the bank’s wealth management division had exited international markets for lack of profitability. Nor are the diversification benefits of foreign exposure attractive....
...Powell was educated at a local high school in the Bronx and at the City College of New York, which he chose over New York University because tuition cost only $10 a year....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
...V....
...For example, in a 2010 opinion (Chevron Corp v Steven Donziger, et al) handed down from the US district court in Manhattan, the judge wrote that the “evidence at trial established that Donziger, a New York...
...Additional reporting by Eric Platt in New York...
...Additional reporting: Sujeet Indap in New York and David Keohane in Paris...
...Cocci, formerly at Dentons, has joined the firm’s New York office with plans to expand her practice into California....
...Mr Paulson is hosting a New York fundraising event for the president at the end of this month. The market seems to believe these efforts will work....
...Similarly, the combined bank will not carry the name of either predecessor (a new name has not been chosen yet) and the headquarters will be in the neutral territory of Charlotte, North Carolina....
...A group of 10 state attorneys-general led by New York and California have sued to block the $26bn mobile telecommunications deal....
...Just a few days before Synovus announced its plan to buy FCB, Kelly King, the chief executive of BB&T, a much larger Southeastern bank with an acquisitive history, updated investors on his merger plans....
...Zimbaldi, who will be based in New York, was previously a managing director at Evercore....
...York, and Don Weinland in Hong Kong....
...York — @JFK_America Sujeet Indap in New York — @sindap Don Weinland in Hong Kong — @donweinland Eric Platt in New York — @EricGPlatt Lindsay Fortado in New York — @lindsfortado...
...Cautious investors will be wise to consider the impact of an extra layer of possibly active management on the appropriate valuation.”...
...But our favourite example came when Blackstone founder Stephen Schwarzman effectively called himself the LeBron James of finance in a New York Times interview: “It is ridiculous empirically, but psychologically...
...Bill Smead, founder of Smead Capital Management, says he has allocated 14 per cent of his $2.3bn of assets under management to three banks: JPMorgan, BofA and Wells Fargo....
...Other activists are preparing for battle, from Basswood Capital Management and Stillwell Value, both New York hedge funds, to Seidman & Associates of New Jersey....
...But bankers say that the recent clearance of a $3.7bn merger between M&T Bank of New York and Hudson City of New Jersey — after a delay of more than three years — has made management teams more willing to...
...Meanwhile, new hardware, which accounted for almost 22 per cent of its 2014 revenue, fell 9.3 per cent....
...That would mark a premium to the wider BB-rated corporate debt universe, which currently yields 5.8 per cent, according to Bank of America Merrill Lynch....
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