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...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....
...Frasers has asked a New York court to order Morgan Stanley chief executive James Gorman to hand over evidence for the British retailer’s High Court lawsuit against the bank over an almost $1bn margin call...
...First built in 1626, it was expanded by the Fraser family into its baronial glory in the 19th century....
...Pay for Morgan Stanley’s top executive James Gorman, rose nearly 18 per cent to $37mn, while JPMorgan Chase upped its chief executive Jamie Dimon’s pay by 4 per cent to $36mn....
...Citigroup, meanwhile, appears to be reverting to the mean after Fraser’s groundbreaking appointment....
...The department store chain, which has nine UK sites, is spending £40mn on the makeover of the Northumberland Street shop, a mainstay in the North East since John James Fenwick, an ambitious shop assistant...
...Dimon, along with David Solomon of Goldman Sachs, Jane Fraser of Citigroup, and James Gorman, the outgoing boss of Morgan Stanley, will be among eight CEOs answering questions from senators in an annual...
...Over at Citigroup, Jane Fraser is struggling to convince sceptics....
...James Chalmers, regius professor of law at Glasgow university, said: “There will be an instinct [among judges] of ‘This is our role. We decide on the merits of cases’....
...Goldman Sachs chief executive David Solomon saw his pay fall almost 30 per cent to $25mn for 2022, while Morgan Stanley boss James Gorman had his pay cut 10 per cent to $31.5mn....
...Now, Ashley’s company is trying to drag Morgan Stanley chief executive James Gorman into the legal spat, asking a New York court to compel the 65-year-old banker to produce documents and testimony for its...
...Can Jane Fraser stop the bleeding at Citigroup? Turning around a supertanker is tough. One guaranteed winner: Fraser’s ex-employer McKinsey & Company....
...“I am seeing more deals getting put on the platform,” said James Dow, who leads commercial banking at Citizens Trust Bank, a small lender based in Atlanta that has used the platform....
...James Gorman of Morgan Stanley and Jane Fraser of Citigroup are each former McKinsey management consultants....
...Goldman Sachs’ David Solomon, Morgan Stanley’s James Gorman and Citi’s Jane Fraser are due in town, though JPMorgan’s Jamie Dimon will instead be in Paris with the bank’s International Council, a group that...
...When asked if Citi was interested in buying First Republic, Fraser, though, said no. “There are pockets of problems,” said Fraser....
...Chief Jane Fraser recently hired Andy Sieg, the former president of Merrill Lynch Wealth Management, to revive the bank’s wealth business....
...Goldman Sachs chief executive David Solomon’s pay fell almost 30 per cent to $25mn for 2022, while Morgan Stanley boss James Gorman had his pay cut 10 per cent to $31.5mn....
...Bank of America’s Brian Moynihan sold $1.9mn before becoming chief executive but none since; Citi chief executive Jane Fraser has also not sold since taking the top job....
...Not many other institutions could dream of getting David Solomon, James Gorman, Jane Fraser, Jonathan Gray, Marc Rowan, David Rubenstein and a host of other financiers under one roof....
...Morgan Stanley chief executive James Gorman said the dividend decision reflected the bank’s “strong capital position”....
...The fund, managed by James Hanbury and Jamie Grimston, runs $205mn of customers’ money. The board said the redemption gate was “in the best interests of all shareholders”....
...In the same week, Jane Fraser, chief executive of Citigroup, warned on an earnings call: “We have to keep a close eye on geopolitics as the US-China relationship becomes increasingly strained and is fragmenting...
...The Best Actor award went to Brendan Fraser, who played a 600lb recluse in The Whale....
...Online electrical retailer AO World, which recently forged a strategic partnership with Mike Ashley’s Frasers Group, will report full-year results....
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