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...As chief executive, and with Finma investigating Julius Baer’s exposure, Rickenbacher was the fall guy....
...The New York-based broker, led by billionaire Howard Lutnick, had sued Xavier Alcan, who was a long-serving partner at the group’s London office, alongside a tax adviser called Michael Viney....
...Job moves Julius Baer’s chief executive Philipp Rickenbacher is leaving the Swiss bank as it prepares to write off $700mn in loans to crisis-hit Austrian property group Signa....
...Switzerland’s Julius Baer reported a more than 50 per cent drop in its profits on Thursday after it wrote off SFr606mn ($700mn) from its exposure to Signa, the crisis-hit Austrian property group....
...But Howard Silverblatt of S&P Dow Jones Indices reminded me there was a similar is-growth-dead moment when Microsoft paid its first dividend in 2003. That company’s stock was $24 back then....
...“I’ve known Howard for a lot of years, and I’m sure he’s looking at our complex and saying, ‘yeah, you got 67 per cent operating margins’,” he told the Financial Times....
...On Monday, Swiss bank Julius Baer said it was reviewing its private debt business after revealing a €606mn exposure — its single largest — to a “European conglomerate . . . in commercial real estate and...
...At Starbucks, Howard Schultz ended his third stint as chief executive in the midst of a fight with employees seeking to unionise....
...Last year Boeing appointed Howard McKenzie as chief engineer to succeed Greg Hyslop, who retired, taking the role of adviser to the chief executive....
...(Ethan Wu) One good read The secret to making good market calls is not making too many of them, writes Howard Marks. As they say in baseball: wait for the fat pitches....
...He’s been publicly linked with building the major collections of Texan philanthropist Howard Rachofsky and billionaire businesswoman Penny Pritzker....
...Julius Baer, Pictet, Lombard Odier, EFG and LGT are among the wealth managers attempting to poach clients and bankers from Credit Suisse as steep bonus cuts and job losses force bankers into the market....
...The costumes in Air remind us of a time when power-dressing was at its prime, as evidenced by characters such as Nike VP Howard White (Chris Tucker), whose three-piece suits command attention on a man whose...
...Rob Howard, a professor of old-age psychiatry at University College London, said slowing the progression of the disease by 35 per cent sounded superficially impressive....
...Howard Fischer, a partner at law firm Moses & Singer, is a former Senior Trial Counsel at the US Securities & Exchange Commission....
...“The benefits are still really unclear,” said Howard, who would like Eisai to provide much more detailed information about the lecanemab trial during the presentation on Tuesday....
...However, the media-shy co-founder of Brevan Howard enjoyed a far better 2022, with his fund finishing the year up around 51 per cent....
...Clips from NBC, CBS For further reading: US trade unions: Inside the revival brewing at Starbucks Joe Biden secures deal to avert US rail strike Howard Schultz vows Starbucks rebound after coffee chain...
...Wyndham Hotels & Resorts, the company behind La Quinta and Howard Johnson, reported a one-third increase in net income, despite lower revenue....
...Howard Lutnick, BGC chief executive, said at the time it was “an unfortunate event”. A lawyer for Viney and King had no immediate comment....
...Domino’s Pizza Inc, the US umbrella company, did not immediately respond to a request for comment....
...Rather than blaming patients for not presenting early enough, Howard says, “the message we should take away is that aducanumab is the wrong strategy....
...In 2019 Flatt’s group absorbed Oaktree Capital, the $166bn distressed debt group founded by billionaires Howard Marks and Bruce Karsh....
...Baer said: “I would expect in particular Europe, the US and the UK to co-ordinate closely on their reviews and on any possible outcomes . . ....
...It was a gruelling skirmish that saw Oaktree’s founder Howard Marks fall out with longtime friend and Apollo founder Leon Black (DD’s Sujeet Indap wrote a book about this billionaires brawl)....
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