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...Revenues at the private bank fell 17 per cent in 2023 to $2.3bn, and totalled $7.1bn across Citi’s wealth management division, down 5 per cent year on year....
...UK broker TP ICAP has separated a fast-growing division that sells data to traders as it attempts to respond to pressure from its investors to return capital....
...as a boring admin drone, probably a drag on the division....
...Saying goodbye to ice cream means hiving off a division that accounts for about 16 per cent of Unilever’s overall sales....
...Quarterly revenues slipped 3 per cent to $17.4bn. Citi’s full-year earnings dropped 38 per cent from the previous year, to $9.2bn....
...Citi’s banking division reported revenues of $4.6bn for 2023, down 15 per cent from a year earlier....
...There are six other women and 17 men listed as committee members....
...The company’s shares rose 5 per cent in early New York trading, but remain about 17 per cent lower than before the accounting investigation was announced....
...The energy division also encompasses HomeServices of America, a real estate brokerage enmeshed in its own litigation....
...AustralianSuper, the country’s largest pension fund and owner of 17 per cent of Origin, thought it undervalued the company....
...Citing his trips to 17 countries last year, Fink wrote global politicians and businesspeople increasingly planned to invest in both oil and gas for energy security and green power for the energy transition...
...Companies were reassessing priority areas for investment and cutting positions in costly but non-core divisions, said Daniel Keum, associate professor of management at Columbia Business School, such as Amazon...
...He began watching Brentford because it was the nearest professional football club, only 17 miles away....
...Once closures are taken into account, just 17 per cent of funds outperform over ten years: Active managers did best relative to passives during the China-led stock market sell-off in 2015-16, the 2021 everything...
...Yet today, 70 per cent of revenue in its largest division comes from Boeing. The 737 Max programme is particularly crucial to Spirit....
...Meanwhile, Uber seems to be turning on the taps in its ride-hailing division....
...One of the “big five” academic publishers alongside Elsevier, SAGE, Springer Nature and Taylor & Francis, Wiley’s research publishing division reported revenues of $659mn in the nine months to January 31...
...The business, which includes corporate, commercial and investment banking, lost more than $40mn last year: the only one of Citi’s five divisions not to turn a profit....
...Shares in Chevron fell 17 per cent last year, compared to a 9 per cent drop for ExxonMobil, its larger US rival....
...Its strong fourth-quarter performance marked a turnaround from the previous quarter, when the division missed revenue targets....
...Cliff White headed the Justice Department’s bankruptcy “watchdog” unit, the US Trustee Program, for 17 years prior to his retirement in 2022....
...However, Kassan’s claim said that UTA had breached an agreement that he would oversee the day-to-day operations and long-term strategy of its UTA marketing division, and would be given the $950,000 special...
...James Gorman, who stepped down as chief executive of Morgan Stanley at the start of 2024, was paid $37mn, up 17.5 per cent year on year. Goldman lifted David Solomon’s pay by 24 per cent to $31mn....
...Grewal, Director of the SEC’s Division of Enforcement....
...Shares in Anglo rose 3 per cent to £17.71 by late morning on Thursday in London after earnings and the dividend were slightly higher than forecasts by Anglo analysts....
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