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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....
...Marc FilippinoJosh Franklin is the FT’s US banking editor. Thanks, Josh. Joshua FranklinThanks, Marc....
...“He will tell you no you can’t do that, and sometimes a quick no is far more valuable than a slow, conditional yes.”...
...An independent review chaired by John Sentamu, then bishop of Birmingham, found the redeployment of detectives after murder charges were brought and disclosure rules had affected the preparation and prosecution...
...His father, John Sr, also led the bank. John Weinberg’s cousin Peter Weinberg is a Goldman veteran who founded Perella Weinberg Partners....
...midsized US lender with more than $100bn in assets, which was not on the FDIC list, was stricken by losses in its real estate loan portfolio after it almost doubled in size in the past 18 months through two quick-fire...
...NYCB, more than a century old and based in Hicksville on New York’s Long Island, had become the 33rd biggest US bank by assets after almost doubling in size on the back of two quick-fire deals for Flagstar...
...Esposito was viewed internally as one of multiple candidates in the running to take over from Solomon, who has led the bank since late 2018, although bank president John Waldron is considered the leading...
...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....
...Lloyd’s boss John Neal told the Financial Times that the incident had the potential to produce the largest marine insurance claim in history, topping the crash of the cruise ship Costa Concordia in 2012,...
...When Gorman took the top job from John Mack in 2010, the group’s future was still uncertain following the 2008 financial crisis....
...john.thornhill@ft.com...
...Michela Tindera Your quick opinion, can this happen? Can she do it? Stephen Gandel I think that she’s got as good a shot as anybody. I think that it is a very complicated bank....
...The Money Kings: The Epic Story of the Jewish Immigrants Who Transformed Wall Street and Shaped Modern America by Daniel Schulman, Knopf, $35, 592 pages Joshua Franklin is the FT’s US banking editor Join...
...It also bought stakes in ZZ Top’s music interests for $50mn and John Legend for an undisclosed sum. This would push the ostensible price-tag of the larger catalogue up significantly....
...There’s a dash of Vionnet via Calvin Klein and John Galliano in the many iterations of slip dresses and the languid air of Daisy Fellowes in the silhouettes....
...Even at 77, there is no let-up for American composer John Adams....
...Goldman’s second-ranking executive John Waldron has offloaded $20mn in that time, while John Rogers, who served as the bank’s chief of staff until stepping back in August, has sold $34mn worth of stock....
...Tremor by Teju Cole Faber & Faber £18.99/Random House $28, 256 pages Franklin Nelson is an FT editor and writer Join our online book group on Facebook at FT Books Café...
...Carlyle chief executive Harvey Schwartz and chief financial officer John Redett told analysts this month the group had uncovered $40mn in annualised cost cuts and was looking for further savings....
...John Rogers, Goldman Sachs’ chief of staff and one of the bank’s most influential executives, is stepping back from his role....
...AWM could contribute $4bn to $5bn in pre-tax earnings by then, president John Waldron told the Financial Times....
...John Rogers, one of Goldman Sachs’ most influential executives with closes ties to its board of directors, is stepping down as the bank’s chief of staff....
...In the 1770s, the newborn United States sent two commissioners to Paris, Benjamin Franklin and the future American president John Adams....
...“We think we are well positioned for the future,” Regions chief executive John Turner said on a call with analysts. “It’s been an unusual quarter.”...
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