Hints and tips:
...The Capital One deal will relegate Jamie Dimon’s bank to second place....
...Rothschild also co-founded J Rothschild Assurance Group — now known as wealth manager St James’s Place — alongside Sir Mark Weinberg and Mike Wilson in 1991....
...Staley, an acolyte of Jamie Dimon at JPMorgan, did the opposite, retreating from Barclays’ centuries-old presence in Africa and shutting much of its Asia operations in order to build a “bulge-bracket, transatlantic...
...He has secured public endorsements from JPMorgan chief executive Jamie Dimon, members of the Disney family, and prominent shareholders including Laurene Powell Jobs and Star Wars creator George Lucas....
...“Many of the medicines selected for price setting already have significant rebates and discounts due to the robust private market negotiation that [already] occurs,” said Stephen J Ubl, Phrma chief executive...
...Once a top deputy of Jamie Dimon at JPMorgan, he was recruited in 2015 with the mandate and budget to rebuild Barclays into the pre-eminent trading and advisory firm in Europe....
...Chris Rossbach, a fund manager at J Stern & Co, said it had voted in favour of Disney’s board recommendations....
...Still, US bankruptcy Judge Michael Kaplan said the court remained “sceptical” about J&J’s prospects of finalising an agreement, as it makes a second attempt to resolve the lawsuits through a controversial...
...J&J reported earnings of $2.80, which were significantly above analyst expectations....
...Founded in 1991 as J Rothschild Assurance, the company launched on the stock market six years later through a reverse takeover of St James’s Place Capital....
...(Amanda Chu and Jamie Smyth) This article has been amended to clarify that not all greenlit projects have reached final investment decision status....
...Janssen is the pharmaceutical division of J&J....
...J&J had created a $2bn fund to compensate victims under its previous legal strategy....
...It follows the US Court for Appeals ruling in January that shot down J&J’s attempt to implement a complex bankruptcy scheme called the “Texas-two step” to manage the claims....
...J&J said it stood behind the safety of its talcum powder and would immediately move for a stay of the Third Circuit Court’s opinion and also seek a review from the US Supreme Court....
...A style such as the Morris would be as welcome on your coat rack at work as it would be on a Saturday afternoon ramble....
The hope is former leaders can bring stability, yet data suggests companies that bring them back underperform
...Merck, BMS, J&J, Novartis and some trade groups have launched a legal broadside against them, filing lawsuits in several different courts across the US....
...JPMorgan Chase’s Jamie Dimon, BlackRock’s Larry Fink, Citigroup’s Jane Fraser, Goldman Sachs’ David Solomon, Blackstone’s Stephen Schwarzman and Carlyle’s Harvey Schwartz are among the best-known American...
...J&J could not be immediately reached for comment on the Kenvue offering....
...Here’s the FT’s US pharmaceuticals correspondent Jamie Smyth. Jamie SmythA woman named Jacqueline Fox files a personal injury lawsuit against J&J....
...In March a judge dismissed J&J’s first attempt to use the bankruptcy courts to manage claims that its talcum powder could cause cancer....
...J&J’s consumer business, which is due to be spun off this year and renamed Kenvue, reported worldwide adjusted operational sales grew 3.9 per cent....
...The Third US Circuit Court of Appeals on Monday said it had dismissed the bankruptcy filing of J&J’s division LTL management, preventing the company from shifting thousands of legal claims out of trial courts...
...Under this strategy J&J had created a $2bn fund to compensate victims....
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