Hints and tips:
...Kelleher, a veteran of Morgan Stanley, will be watching if UBS can compete with his former bank and the industry leader in wealth management....
...He joins from Herbert Smith Freehills. Birkenstein Capital, a new German special situations investor partnered with Davidson Kempner, will be led by Tobias Hoffmann-Becking....
...Bank of America and Morgan Stanley report today. There are glimmers of hope that investment banking might also be set for a comeback....
...‘On the Street: In Between Architecture’ by Edwin Heathcote is published by HENI...
...In The New Yorker in 1927 (the same year he published The Gangs of New York), Herbert Asbury described the area as “a region of such utter depravity that horrified reformers called it ‘Satan’s Circus’....
...Edwin Conway, who previously ran alts, will lead a new unit focused on private equity, infrastructure, real estate and climate investing....
...By the 1960s — think of the interiors from Stanley Kubrick’s Clockwork Orange (not featured here) or the Pop modernism of Joe Colombo or Allen Jones (also not here) — the surreal had become the language...
...BlackRock’s alternatives investment supremo Edwin Conway is “confident about (its) future”. Apollo’s Marc Rowan sees “a good time for the private credit product set”....
...But, like Stanley Kubrick’s interiors in 2001: A Space Odyssey or the eerie, alien-rendered artificial nature of Andrei Tarkovsky’s Solaris (both rough contemporaries), the images were so visually seductive...
...Sound-proof Office Phone-Booth-Box The FT’s own Edwin Heathcote once said this of one of the 20th century’s most iconic structures: “The phone box is a very curious piece of architecture....
...Morgan Stanley is making plans to eliminate another 3,000 jobs by the end of June. Lazard plans to cut 10 per cent of its staff this year....
...Stanley Stewart Kilmartin Castle, Scotland You never know about castles. Some have had their life restored out of them and end up as atmospheric as a Marriott in Cleveland....
...Earlier this month, British sailor Ian Herbert-Jones was rescued by a Taiwanese fishing boat in the southern Atlantic after his yacht was rolled and dismasted in a storm....
...Smart reads Wealth for the win Andy Saperstein was a long-shot to replace Morgan Stanley’s James Gorman....
...And there are the calling cards of the “firms” — groups of vicious hooligans who in the 1970s and 1980s travelled to away games in their casual gear and Italian sportswear, slicing up rival fans with Stanley...
...First Republic founder Jim Herbert and advisers, Peter Orszag at Lazard and the Sullivan & Cromwell law firm, scrambled to keep the bank independent....
...Herbert Smith Freehills has hired Ambarish Dash as a finance partner, based in London. He joins from Kirkland & Ellis....
...He has just graduated and is about to start at Morgan Stanley as an equity trader. “I feel very honoured to be here,” he says....
...Edwin Heathcote is the FT’s design and architecture critic Follow @FTProperty on Twitter or @ft_houseandhome on Instagram to find out about our latest stories first Letter in response to this article:...
...Following the objections, tribunal chair Sir Stanley Burnton rejected an FRC request to recall one of the defendants, former KPMG senior manager Alistair Wright, to put more allegations to him....
...Herbert Smith Freehills has promoted 34 new partners. Clifford Chance has elected 37 new partners....
...“This is no longer a cottage industry,” said Edwin Conway, global head of BlackRock Alternative Investors. “This is far from a fad. It’s a structural shift, not a cyclical one.”...
...The US cannot easily offer further stimulus for its overheating economy, but that option should be used in Europe, according to Reza Moghadam, chief economic adviser at Morgan Stanley....
...“As we saw in March and April 2020, [Libor rates] were going up in times of economic stress,” said Edwin Schooling Latter, who is leading the push to switch at the FCA....
...“If you’re investing in very illiquid stocks, you’re bidding them up as you get inflows,” says Edwin Dorsey, a short seller and author of newsletter The Bear Cave....
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