Hints and tips:
...Gorman helped reshape the bank through a string of wealth acquisitions including online brokerage ETrade Financial in 2020 and asset manager Eaton Vance in 2021....
...Watching the first televised debate between aspirants to the Republican nomination for president, Larry Hogan, the two-term former Republican governor of Maryland, had no doubt of its “lowlight”....
...Some, such as Legg Mason and Eaton Vance, have given up on public markets and sold out....
...Larry Fink, who runs BlackRock, the world’s biggest asset manager, expects further consolidation among smaller players and says executives have little choice....
...We revealed recently that Gorman beat JPMorgan Chase to the Eaton Vance deal....
...In February Franklin Templeton acquired Legg Mason and last month Morgan Stanley agreed to buy Eaton Vance, two major deals in part aimed at getting the kind of economies of scale enjoyed by BlackRock and...
...Letitia James, New York state’s attorney-general, and Cy Vance Jnr, the Manhattan district attorney, would both still be able to file charges against Mr Trump....
...BlackRock chief executive Larry Fink took a pay cut last year — but the head of the world’s largest asset manager still earned more than double any rival mutual fund company boss....
...“He’s the possessed genius on the grandest quest anyone has ever concocted,” writes Ashlee Vance in his excellent 2015 biography....
...This month the president-elect chose Larry Fink, BlackRock’s chief executive, to join a council of business advisers for his administration....
...BlackRock, the world’s biggest fund company, paid its chief executive, Larry Fink, $24m last year, while Invesco’s Martin Flanagan and Schroders’ Michael Dobson received $15m and $14m respectively....
...BlackRock’s Larry Fink was the highest-paid executive in the sample analysed by FTfm, with a 4 per cent increase to $24m....
...“If everything’s blue chip, it becomes kinda dull,” dealer Larry Gagosian told me on the eve of Frieze....
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