Hints and tips:
...Goldman has seen a spate of high-profile women leave, including Beth Hammack, who was once touted as a potential chief financial officer of the bank; Dina Powell McCormick, who left to join merchant bank...
...Federal Reserve chair Jay Powell said this month that there would be broad changes to the proposal. Dimon’s name has for years been floated as a possible US Treasury secretary....
...The FT reported in October that seed investors in Hunterbrook included Laurene Powell Jobs’ Emerson Collective, General Catalyst co-founder David Fialkow, Avenue Capital co-founder Marc Lasry and Outside...
...“It feels like a problem we’ll be working on for years,” Powell said about the exposure of regional banks to commercial real estate, particularly offices, that are less valuable than they were before the...
...The venture capital arm of Emerson Collective, the philanthropic organisation run by Laurene Powell Jobs that is the majority owner of The Atlantic magazine, is also an investor....
...Powell said he had never seen a regulatory proposal elicit so much criticism, adding that there were “real concerns” the plans could increase risks to the banking system and undermine market competition....
...Jay Powell, the central bank’s chair, said earlier this month that “broad and material changes” are likely and acknowledged concerns that, in their current guise, the rules could undermine competition in...
...Powell on Thursday suggested that an increased focus on the US debt burden may also be playing a role....
...Investors such as Laurene Powell Jobs’ Emerson Collective, financier Marc Lasry and a new investment firm associated with ex-Wall Street Journal editor Matt Murray, provided $10mn in seed funding for the...
...Fed chair Jay Powell supported the proposals....
...Salisbury is joining Chavez at Sixth Street, while Powell will be working for Lemkau, whose venture has merged with BDT, a merchant bank started by another Goldman alum, Byron Trott....
...The FT’s Joshua Chaffin sent this dispatch: A vigorous Trump arrived from neighbouring Michigan, another Midwestern battleground state, and played the standards....
...US banking editor Joshua Franklin takes a deeper look at the bank’s stellar growth....
...Fed chair Jay Powell said the service would help to make “everyday payments over the coming years faster and more convenient”....
...US stocks fell later in the day after Federal Reserve chair Jay Powell cautioned that the central bank might not begin cutting rates soon....
...Joshua Elves-Powell, a researcher at the Zoological Society of London, has documented their presence in the South Korean city of Seoul in the late 19th century....
...Asked for his views on CRE risks, Fed chair Jay Powell on Wednesday told a press conference that the central bank “was aware” of concentration in the sector but added he didn’t think the issue was comparable...
...,” Powell later recalled....
...In a statement, US Treasury secretary Janet Yellen, Federal Reserve chair Jay Powell and senior regulators said: “This show of support by a group of large banks is most welcome, and demonstrates the resilience...
...joshua.oliver@ft.com...
...Federal Reserve chair Jay Powell took a similar view at a press conference on Wednesday, saying, “I think it’s actually a good outcome for the banking system....
...Chair Jay Powell reiterated that view in congressional testimonies this week, saying “American banks are strongly capitalised”....
...The decision by Jay Powell, chair of the US Federal Reserve, to stick his foot on the interest rate accelerator had a dramatic effect on contestants’ fortunes, puncturing equity market optimism and hitting...
...Despite Federal Reserve chair Jay Powell last week laying the groundwork for policymakers to scale back the magnitude of interest rate increases at its December meeting, stronger than expected jobs figures...
...Additional reporting by Joshua Franklin in New York...
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