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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....
...Demand in 2023 was 102mn b/d. IEA data shows the shift to EVs displaced $10bn in revenues from petrol and diesel taxes globally last year, net of modest gains from new electricity tax revenue....
...Carlsen, who abdicated his title in 2023 after a 10-year reign, and Gukesh are both competing over the board over five days in the Warsaw Rapid and Blitz, part of the St Louis-organised Grand Chess Tour...
...Mallo and Terrill went on to feature in the 2022 Venice Biennale and the Hammer Museum’s biennial Made in LA 2023, respectively....
...36.2 per cent in 2023....
...How did the property sector perform in China in 2023, and what were the key statistics mentioned in the article related to this sector?...
...Shopify, itself, is all but invisible to consumers, but the platform powers more than 10 per cent of all online shopping in the US, producing $236bn of sales in 2023 for millions of merchants around the...
...The commission system cost HomeServices clients $4.2bn in excess fees in 2023 alone, they alleged....
...Meanwhile, if you’re in London, here’s my ode to the martini from a few years ago....
...About 95 per cent of the FCA’s “interventions” over misleading advertisements in the last quarter of 2023 were related to online promotions, the FCA said....
...“We’re investing heavily in the content and the marketing of UK TV play — there is a big rebrand coming up,” he said....
...Regardless of the positive financial metrics, you’re left with the impression that Inchcape is intent on tailoring its business model in expectation of industry change....
...“We’re all experienced, skilled professionals but there are now so many people applying for so few jobs. People are leaving the industry in droves.”...
...So the idea is that if you’re an investor and you’re trying to leave one of these funds, you’ll have to pay a fee....
...Nate Cohn breaks down the decline in the share of Democratic registrations. (NYT)...
...“We’re in the trenches, and that’s not the way you run a business.”...
...“We’re making our charging structure more transparent, we’re making it more comparable, we’re making it simpler,” said Andrew Croft, SJP’s outgoing chief executive....
...Blackstone made $31bn in new investments during the fourth quarter of 2023, the highest quarterly investment total in more than a year....
...As a result of that and the ferocious fee pressures, “core active” will see its share of the investment industry’s total fee revenues shrink from 42 per cent in 2020 to about 33 per cent....
...Across the 37 industrialised OECD countries, nominal house prices grew 2.1 per cent in the third quarter of 2023 compared with the previous three months, up from near stagnation at the start of last year...
...We’re in a journey of becoming a very large, giant data gathering, data building company....
...ESG exchange traded funds have more than doubled their market share of overall ETFs in the past three years to 20 per cent at the end of 2023, from just 8.6 per cent in 2020, according to Morningstar....
...HM Revenue & Customs opened 109,413 VAT cases in the 12 months to 31 March 2023, compared to the 88,673 in the year before, a freedom of information request has revealed....
...The group posted revenues of £3.4bn and pre-tax profit of £327mn for the year to February 28, 2023....
...Citadel founder Ken Griffin called it in August when he observed that “when you’re most popular is probably when you’re reaching the top of the cycle”....
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