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...bank SG Warburg....
...Inspired by the Mayday deregulation of the US securities industry that began in the mid-1970s, Jacob, the younger of the pair, sought to enlarge the bank by pursuing ambitious deals, notably a touted merger...
...A report by Bank of America found that “many [US] employers say they offer menopause-related benefits while only one-third of employees say they are aware of the benefits”....
...The Bank of England’s financial stability committee met today, and the subsequent report indicates that it remains antsy about the engorged size of Treasury basis trades....
...The bank rose to fame in 1815 when Nathan Mayer Rothschild made a fortune buying British government bonds in anticipation of Napoleon’s defeat at Waterloo....
...And bearing in mind a lot of my colleagues are in North America, so it’s not like I can always sort of leave at five, right?...
...In November last year, ANZ, one of Australia’s largest banks, warned staff they could be paid lower bonuses unless they spent half their work hours in the office....
...At least in America, the organisers of the disastrous Fyre Festival had the grace to go large, hiring models Bella Hadid and Emily Ratajkowski to promote it....
...Bank of America, the nation’s second-largest lender, said as it reported results on Tuesday that new loan growth stalled in the quarter, with BofA’s chief financial officer Alastair Borthwick calling lending...
...Read a transcript of this episode on FT.com...
...Bank of America cut the compensation of its top executive Brian Moyniahn by 3 per cent, or $1mn to $29mn in 2023, a year when the company’s bottom line shrunk and its stock lagged rivals....
...At Standard Chartered, a bank that employs more than 80,000 people globally, many jobs now belong to one of two categories....
...has a great deal of art, and America has a great deal of money.”...
...Bank of America has sent “letters of education” to employees who have not been showing up at the office, warning them of disciplinary action, in the latest move from a large company to push staff back to...
...Third-quarter profits at Bank of America beat expectations, but growth lagged rivals because the bank still has hundreds of billions of dollars of low yielding bonds that it bought during the pandemic....
...This Chelsea venture is funded through remortgaging and a bank loan. “My whole life I’ve been attracted to chaos and mayhem,” he says....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...But Hanks’s self-creation trajectory partly explains how he has become an emblem of the story America tells about itself....
...JPMorgan, Bank of America, Citigroup and Wells Fargo all reported quarterly earnings on Friday. JPMorgan was alone among the group in posting record net profits for the year of $49.6bn....
...Bank of America’s profits fell 18 per cent in the first quarter, dragged down by a jump in potential loan losses and additional expenses tied to last year’s regional banking crisis....
...Only 17 per cent of the fund managers polled by Bank of America expect a so-called hard landing — which typically implies a recession — for global growth, the smallest proportion in 19 months....
...In the UK, banks including Lloyds Banking Group, Citi and HSBC, have taken the September cue to tighten their in-office mandates....
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