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...While the numbers of departures have not been as high as the worst predictions, many US companies have slowly relocated teams from London and chosen to make new hires in continental Europe....
...The venture launches in a grim period for the news business, following lay-offs at start-ups such as BuzzFeed, Business Insider and Vice, which were once touted as the future of news media, as well as legacy...
...to the bank’s prestigious new internal committees....
...It’s the cutest bistro in the city and probably my favourite spot in Paris. Get the lunch tasting menu and let them take care of you....
...JPMorgan Chase has recorded a gain of about $8bn after restructuring its stake in credit card network Visa in preparation for a potential sale of some of its shares....
...Franklin, a new eight-part series on Apple TV+ starring Michael Douglas, tells the story of a true American patriot and legendary bon vivant who helped secure the future of his country....
...The firm still bestows the title of partner on its 400-odd most senior employees, with a new class made up every two years....
...I’m joined now by the FT’s Josh Franklin to talk about it. Hey, Josh. Joshua FranklinHi....
...The decision was part of the UK government’s post-Brexit push to boost the City of London, although pay consultants have been sceptical that it will lead to a significant change in pay....
..., a new symbol in New York City and Manhattan skyline....
...Handler’s remaining shares in New York-based Jefferies are worth more than $800mn. Bloomberg in 2021 estimated his net worth at more than $1bn....
...The City veteran held many other notable roles in his decades-long career....
...Franklin Templeton was incentivised to realise the assets and reduce the discount by earning a fee of 1.75 per cent on returns of capital....
...The customers will be able to opt out of the transfer from Goldman’s Marcus Invest platform to Betterment if they choose to....
...Additional reporting by Sujeet Indap in New York This article has been amended to correct the date that New York City banned employers from asking job candidates about their salaries...
...Nicholas Cullinan has been appointed the new director of the British Museum, which has been battling to restore its reputation since it emerged last year that about 2,000 artefacts had been stolen over a...
...In a wide-ranging interview on Tuesday at the Economic Club of New York, Dimon said the state of the US economy was “unbelievable” and had been “booming for a while”....
...The largest US bank by assets reported first-quarter net income of $13.4bn, up from $12.6bn a year earlier and more than analysts had expected....
...“Where we stand today it’s clear that we’re in the early stages of reopening of the capital markets,” Solomon said....
...Goldman said net income for the first three months of the year was $4.1bn, up from $3.2bn a year earlier and almost $1bn ahead of analysts’ forecasts compiled by Bloomberg....
...But he added that “looking ahead, we remain alert to a number of significant uncertain forces”, pointing to an “unsettling” global landscape and “a large number of persistent inflationary pressures”....
...Regulators are looking into the level of thoroughness of the investigations Morgan Stanley conducted around the source of clients’ wealth and their financial activity. Read more here...
...Regulators are looking into the level of thoroughness of the investigations Morgan Stanley conducted around the source of clients’ wealth and their financial activity....
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