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Meeting comes after Wall Street titan praised Donald Trump in Davos interview
...Many blockbuster movies — from Star Wars and Indiana Jones to Barbie and Jurassic Park — have been filmed at least in part in the UK....
...Additional reporting by James Fontanella-Khan...
...Additional reporting by Claire Jones, Stephen Gandel and Stefania Palma...
America’s regulators are proposing a regime that is stricter than the globally agreed standard, provoking a backlash from its banks
...statement on Thursday, the British Museum said Cullinan, who has led the UK’s National Portrait Gallery since April 2015, had been chosen unanimously by its trustees and would succeed interim director Sir Mark Jones...
US central bank chair adds that inflation goal not ‘assured’ and cautions about rate cut timing
...“As a result of strong net new asset growth, the firm has reached $7tn of client assets across wealth and investment management,” said chief executive Ted Pick, who took over from James Gorman at the start...
Trump’s former Treasury secretary has seized a chance to replicate his lucrative IndyMac deal
...Morgan Stanley paid James Gorman $37mn in 2023 for his final 12 months as chief executive of the Wall Street bank, a 17.5 per cent increase from the prior year despite the bank’s lower profits....
...The quarter was the first under Pick, whose background in investment banking and trading contrasts with predecessor James Gorman’s years in wealth management....
...In November, Disney named two new directors — former Morgan Stanley chair and chief executive James Gorman and Sir Jeremy Darroch, the former group chief executive of British pay-TV and broadband company...
Pay, appointments and exits revive tensions over chief who seemed to have strengthened his position
Takeover set to unite two of the US’s largest credit card companies and reshape industry
...But it’s the creative energy of the era, the money that flowed through the magazines and institutions, that stand out most strongly for Jones: Aretha Franklin at the 1994 pre-Grammy celebration at The Plaza...
Consumer prices are rising quickly at just the wrong time for the US president
Move to limit Moscow’s war chest could affect London Metal Exchange and Chicago Mercantile Exchange
Bank’s Discover Financial takeover proposal faces an ‘aggressive sheriff’ in US antitrust regulators
Biggest lenders optimistic about economic outlook despite higher interest rates
Plan offers stark contrast with Donald Trump’s economic plans ahead of November’s presidential election
...The lay-offs, which were reported earlier by the Wall Street Journal, come just weeks into Pick’s tenure as CEO after he took over in January from longtime boss James Gorman....
...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....
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