Hints and tips:
...Penny Novick and Kim Shaw will take over from Keller as global co-heads of prime brokerage....
...Fink was tempted to scrap the whole thing, but Merrill’s chief executive David Komansky called and didn’t mince his words. “What the fuck are you doing?” he yelled at Fink. “Just do the IPO....
...Smart reads Barclay brother David Barclay, the fiercely private British billionaire and Daily Telegraph owner, has died aged 86....
...David Jenkinson had been with the group for 23 years. Also out today are results from St James’s Place, Flutter, Provident Financial, Aston Martin and BAT....
...Job moves Barbara Novick, a co-founder of BlackRock, is stepping down from her role as vice-chair of the world’s largest asset manager after more than three decades at the company....
...The publication of this book follows last year’s successful release of the 10-part Ken Burns-Lynn Novick documentary series on the same subject that in many ways introduced a new generation to the conflict...
...Barbara Novick, vice-chairman at BlackRock, told the Financial Times in March: “The market risk is with investors [because] an asset manager does not guarantee the funds....
...Barbara Novick, vice-chairman at BlackRock, adds: “There is a conflation from regulators on what is the risk of investors and what is the risk of investment managers....
...“If you went to a purely private market, I am not sure there would be anywhere near sufficient demand for the 30-year fixed rate,” said Barbara Novick, a vice-chairman for BlackRock, the world’s largest...
...The regulators are going to have to be flexible, which they don’t like doing,” says David Ellis, a managing director at FTI consulting who specialises in rates....
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