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...After becoming a senior partner at McKinsey and a stint at Merrill Lynch, he joined Morgan Stanley in 2006 and succeeded John Mack as chief executive just four years later....
...The US has eight G-SIBs: JPMorgan, Citigroup, Bank of America, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street and Wells Fargo....
...The battle for Middle England John Lewis and M&S are courting the same middle-class customers. They are having differing levels of success, the FT’s Laura Onita writes....
...It skips from brassy bombast to melodramatic arias to resonant choruses, working in cheeky homages to Philip Glass, John Williams and more as it goes....
...Looking at my larger holdings, speculation surfaces from time to time in both Aviva and M&G....
...Morgan Stanley declined to comment. When Gorman took the top job from John Mack in 2010, the group’s future was still uncertain following the 2008 financial crisis....
...john.gapper@ft.com...
...Warren G Harding had been elected the 29th president of the United States on a promise to restore the country to normalcy....
...Liberty Media chair John Malone, known as the “cable cowboy” and whose use of leverage to fund deals served as a model for Drahi’s own ambitions, has become critical of the group’s handling of its debt pile...
...This story has been amended to clarify the job titles of John McAuley and Richard Duffield at Citi....
...I view the UK market as attractive and very undervalued — not only for high-yielding large-cap stocks such as Aviva, Legal & General, M&G and Phoenix, all of which I own, but also for so many small-caps....
...Amitabh Kant, India’s G-20 Sherpa, told the Financial Times in an interview last week that India had invited all the G-20 leaders to September’s summit, and that it expected them all, including Russian President...
...Front runners to replace him include economy minister Vaughan Gething, and health minister Eluned Morgan — both of whom stood for the leadership five years ago....
...asks John Stopford, head of multi-asset income at investment group Ninety One. “Is it a response to the pandemic? Or will there be a lasting impact?”...
...Pick will inherit a vastly changed bank from the one Gorman took over from John Mack in 2010, less than two years after Morgan Stanley almost failed during the 2008 financial crisis....
...Goldman’s second-highest ranking executive, John Waldron, received $20mn at the same time....
...His father, John Sr, also led the bank. John Weinberg’s cousin Peter Weinberg is a Goldman veteran who founded Perella Weinberg Partners....
...A mega-deal validates the Morgan Stanley boss ousted by John Mack Twenty years later, perhaps there is some vindication for Philip Purcell. On Wall Street, Purcell never really won acceptance....
...He did gain a seat on the P&G board after a very close vote and recount....
...M&G Investments’ annual bond forum in London earlier this year featured an unusual presence on the stage: a large colourful statue of an elephant....
...It was during a 2006 town hall held by the bank’s then chief executive, John Mack, and Pick — at the time co-head of global equity capital markets — stepped up to ask a question....
...John Michie has a Jeremy Irons-ish geniality as George and Deirdre Davis an angsty integrity as Edie....
...P&G, Fifth Third Bank, and SLB will also report earnings before the bell. India election: The first phase of voting in the country’s six-week election started today....
...It is a paradox that might have made even John Pierpont Morgan chuckle. gillian.tett@ft.com...
...john.burn-murdoch@ft.com, @jburnmurdoch...
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