Hints and tips:
Related Special Reports
...CitizenM’s owners including its largest shareholder Dutch pension provider APG, Singaporean wealth fund GIC and founder Rattan Chadha are being advised by Morgan Stanley and the real estate investment bank...
...The White House and JPMorgan, the largest US bank by assets, declined to comment....
...Overall at the bank, profits fell 24 per cent last year....
...In talking points sent to senior Goldman executives for discussions with employees and any clients who call, the bank acknowledges that women are under-represented at more senior levels inside the bank....
...Englander has built Millennium into a hedge fund that increasingly resembles the markets division of a global bank....
...I’m joined now by the FT’s Josh Franklin to talk about it. Hey, Josh. Joshua FranklinHi....
...“We have ongoing communications with our regulators, as all the large banks do.”...
...Evercore was initially set up like Blackstone, to advise on M&A and execute private equity buyouts. The LBO investing business was an expensive bust. But the M&A group proved more promising....
...Goldman Sachs’ profits rose 28 per cent in the first quarter, as a strong performance at its hallmark trading business helped the Wall Street bank easily surpass analysts’ estimates....
...I’m standing here on the sidewalk near the corner of 48th and Park in Midtown Manhattan, and I’m craning my neck up to look at the top of this massive tower that’s under construction right now....
...I’m Ethan . . . Oh, sorry, I’m not Ethan Wu. I’m Rob Armstrong. Thanks for listening. [MUSIC PLAYING]...
...Joshua FranklinThere’s been a lot of appetite among different banks to do deals from everything I hear....
...“Banks will be under pressure,” said Barry Gosin, chief executive of Newmark, which handled $50bn of loan sales for failed Signature Bank....
...“But the fact that the announced M&A is up is a good indication that you should see a pick-up of revenues later in the year.”...
...The US bank ultimately decided to stay in its current premises in Canary Wharf. Morgan Stanley declined to comment....
...Bank of America, Goldman Sachs and Morgan Stanley report results early next week. Additional reporting by Harriet Clarfelt...
...I’m Ethan Wu. Thanks for listening. [MUSIC PLAYING]...
...“What’s happening now — it’s like the movie Network, where the main character says ‘I’m as mad as hell, and I’m not going to take this anymore’,” says Gene Ludwig, a former Comptroller of the Currency and...
...The business, which has been central to the bank’s growth in recent years, was already in the sights of the Federal Reserve over money laundering controls....
...More US credit card accounts were past due on their payments to the largest banks at the end of 2023 than at any time since 2012, according to data from the Federal Reserve Bank of Philadelphia....
...bank failures....
...“Steve’s a very careful investor, and I’m assuming that he did his homework,” Wilbur Ross, a private equity investor who worked with Mnuchin in Trump’s cabinet, told the FT....
...Qatar, meanwhile, called Texas A&M’s decision “deeply disappointing” and driven by “a disinformation campaign”....
...The fallout from NYCB weighed on other regional bank stocks, a sector that has not fully recovered from the collapse of Silicon Valley Bank and other mid-sized lenders last year....
...The bank said in a proxy filing also released on Monday that “an orderly CEO transition in the medium term” was a top priority for its board of directors....
International Edition