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...According to a letter to clients seen by the Financial Times, the $180bn investment shop co-founded by US senator Mitt Romney has promoted David Gross to lead the business alongside John Connaughton....
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...This is the kind of insight you can receive as a client of Goldman Sachs....
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...Goldman’s price to book ratio is now at 1.25x, below those of JPMorgan and Morgan Stanley....
...Veteran media lawyer David Hooper promises to reveal how the rich and powerful use the law to gag their critics....
...Today it belongs to David Sherborne. “You’re meeting David?” asks the very friendly manager at his chosen Chinese restaurant in north-west London. “We know David here.” I find myself unsurprised....
...The increase took his overall pay package to £2.1mn last year from £1.7mn in 2022. Bird said he had “no input” into his salary or bonus calculations....
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...Morgan Stanley’s price-to-book ratio, another of the measures Wall Street uses to keep score, still trades at more than 1.5 times its book value, while Goldman trades at slightly more than 1 times....
...HSBC snapped up SVB’s UK business for £1, then launched a unit aimed at serving US start-ups by hiring 40 SVB bankers, including its top technology banker for North America, David Sabow....
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...Letter in response to this article: The unintended consequences of Russian sanctions / From David Crook, Chief Executive, Tail Wind Advisory & Management, London WC2, UK...
...Edinburgh-based Baillie Gifford, which employs about 1,800 people, is also making “dozens” of lay-offs and closing four fixed-income funds that collectively have less than £50mn in client assets, according...
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