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...“The numbers are still incredibly messy,” said Jérôme Legras, a managing partner and head of research at Axiom Alternative Investments. “For now it’s too hard to read through all the moving parts.”...
...Ross Walker, chief UK economist at NatWest, said market pricing for interest rates implies 10-year gilt yields could rise to 4.9 per cent....
...When Société Générale discovered in January 2008 that derivatives trader Jérôme Kerviel had secretly run up €4.9bn of losses, panicked managers assembled a task force to assess the wreckage and steer the...
...Additional reporting by Owen Walker in London...
...“The market is likely to be shocked by such a blatant inversion of the hierarchy of creditors and by the decision to sweeten an equity deal at the expense of bondholders,” said Jérôme Legras, head of research...
...Jérôme Legras, head of research at Axiom Alternative Investments, which holds Credit Suisse AT1s, said the move could undermine trust in financial markets....
...“The rate rises are an enormous change, a gift from heaven that had been awaited for a long time,” said Jérôme Legras, head of research at Axiom Alternative Investments....
...Its legacy is Afro-Futurism: innovative sculptures and installations by contemporaries including visual artists Nick Cave, Kara Walker, Wangechi Mutu....
...Jerome Frost, UK, India, Middle East and Africa chair at engineering company Arup, agrees. Children encourage the design of an urban environment that is “safe, supporting walkers”, he says....
...I have an intaglio print by Kara Walker, titled Lil Patch of Woods (1997), which I have hung in my home office for motivation....
...Oudéa was parachuted into running SocGen in 2008 following an infamous rogue trading scandal, when Jérôme Kerviel lost the lender €4.9bn....
...Then there’s Dr Jerome Poupel who is a chiropractor and healer. He does JP McManus’s horses and also a lot of racing drivers and has contributed much to the restoration of my health....
...Additional reporting from Owen Walker and Siddharth Venkataramakrishnan...
...He took charge after the Jérôme Kerviel rogue-trading scandal in 2008 and has guided SocGen through a series of crises but is facing mounting scrutiny from investors as he attempts to turn the bank around...
...SocGen’s second-quarter loss of €1.26bn — its worst since the losses associated with rogue trader Jérôme Kerviel in 2008 — had heaped pressure on chief executive Frédéric Oudéa, the longest-serving boss...
...However, his ascent at the French bank was derailed by the Jérôme Kerviel rogue trading scandal that occurred in the investment banking division under his watch....
...Chief financial office Jérôme Grivet also said it was too early to say if the second lockdown under way in France this month would lead to an “explosion in the cost of risk” next quarter....
...France’s third-largest bank on Monday revealed a surprise €1.26bn loss for the three months to June, its weakest quarterly performance since the losses associated with rogue trader Jérôme Kerviel in 2008...
...Meanwhile, the Jérôme Kerviel rogue trading scandal of 2008 also forced SocGen to pull back from riskier corners of the market and forced Mr Mustier out as head of the investment bank, while Mr Oudéa took...
...Kate Walker...
...The New York City Ballet corps member’s first effort, in 2016, was an electric update of Jerome Robbins in hepcat mode....
...It became less bucolic, more a place of recreation; less Kenneth Grahame, more Jerome K Jerome. Hikers, cyclists and dog walkers appeared on the banks. A few hardy souls were swimming....
...Its closest kin: Jerome Robbins’ finger-snapping NY Export: Opus Jazz when it was young enough to carry its style lightly....
...Alas, Walker, a politician so corrupt he would have gladly paid for the pleasure of selling himself, never shows up on stage....
...On a very humid night, at 3am in East New York, Brooklyn, I see a group of older men gathered on a street corner sitting in wheelchairs or supporting themselves on walkers....
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