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...I said this to the staff of the SEC and to Gensler, which is you think that Schwab, Fidelity, Vanguard, Morgan Stanley, E-TRADE, they need to be told where to send their retail orders, like they don’t have...
...Morgan Stanley brought on Greg Weinberger, a longtime adviser to Chevron who left Credit Suisse in 2019....
...“O fim da estrada,” he said simply. End of the road. Machado first came here 49 years ago, at the age of 13, with his father....
...One of the most famous onscreen father-daughter pairings, that of Ryan O’Neal and his nine-year-old daughter Tatum in Peter Bogdanovich’s Paper Moon (1973), made the latter into the youngest-ever Oscar winner...
...George Pascoe-Watson and Victoria O’Byrne will become equity partners alongside Schillings in the company, which has not yet been given a name....
...As Jim Caron, a portfolio manager at Morgan Stanley investment management, told me last week, bonds went up when stocks were down, up, or sideways....
...Rolls-Royce will appoint former Embraer CEO Paulo Cesar de Souza e Silva as a non-executive director, effective September 1....
...Mark O’Connell in Slate asked what it is to play with cliché in Blarney and put-on Irishness....
...Direct indexing represents a “do-it-yourself arms race among wealth managers” Neal Sheehan, analyst at Celent, wrote in a recent report....
...In 2020, Morgan Stanley created one of the world’s biggest asset managers by scooping up US investment manager Eaton Vance....
...Her family’s estate, Tenuta Santi Giacomo e Filippo, based in Italy’s Marche region, remains devoted to the organic cause....
...In 2006, the well-connected Fink learnt that Merrill Lynch’s new CEO Stan O’Neal was open to the idea of selling the investment bank’s sprawling money-management arm....
...We saw the biggest Spac deal on record, the most complex Spac deal to date and a wave of launches from some unexpected figures — shout-out to basketball legend Shaquille O’Neal and baseball legend Billy...
...COE murria.cat O Divin, Paris Redha and Naoufel Zaïm – the brothers behind O Divin restaurant in the 17th arrondissement – also run two shops out east in the heart of Belleville....
...Here’s an optimistic take from Morgan Stanley: We conclude that at least 55% vaccine efficacy (i.e., the vaccine prevents 55% of symptomatic infections) is the minimum bar for approval....
...Is Oil’s loss … At 20% of revenue, the group’s O&G exposure is a known concern....
...Why start-ups are more likely to dodge greenwashing label (FT) The legacy of slavery made my grandmother fear investing (Washington Post) The Short Tenure and Abrupt Ouster of Banking’s Sole Black C.E.O...
...Citi’s Tobias Levkovich says the present level of valuations — with a forward P/E at 20x for the S&P 500 — “leaves little to chance”....
...Margin came in at 22% vs MSe at 23.8% as a result of mix (US O&G higher margin)....
...o NII: >$3bn impact in FY20 (vs. FY19) from lower interest rates vs. c$1bn prev. guidance....
...Based on our revised forecasts, Hikma trades on a 2021E P/E of 16.6x, a 26% discount to its UK specialty peers....
...At an FT event last week, Michael O’Leary, head of Ryanair, argued that ESG would disappear in the downturn....
...Amex, HSBC), retail (e.g. Tesco) and travel (e.g. booking.com, Airbnb)....
...From the GILD point of view, we think this is unlikely because: 1) Dan O’Day arrived as chairman and CEO only 15 mos ago, so this would be very early and quick; 2) GILD thinks its P/E is far too low, which...
..., leading to an overall 18% sales decline and adjusted 21% EBIT margin in FY19 (down 560bp y-o-y, but still very high)....
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