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...Calhoun, 66, is to leave at the end of the year, while board chair Larry Kellner said he would depart in May....
...US watchdogs have said capital requirements for global systemically important banks (G-Sibs) would rise by an average of 19 per cent under the proposals....
...Additional reporting by Robert Smith in London and Kana Inagaki in Tokyo...
...The world faces a looming “retirement crisis” that requires a rethink of pensions and working patterns as medical breakthroughs boost longevity, BlackRock chief executive Larry Fink has warned in his annual...
...More on the asset management industry: BlackRock more than tripled its spending on home security for Larry Fink last year, after the asset manager’s chair and chief executive became a target for “anti-woke...
...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
...Larry Fink faces a proxy challenge to his dual role as chair and chief executive of BlackRock from a UK activist investor that wants more board oversight of the $10tn money manager’s approach to sustainable...
...L&G declined to comment....
...In terms of revenue synergies, the enlarged group should benefit from product cross-selling (e.g. through Mondi’s plastics production and related products), product innovation (combining respective IP built...
...Additional reporting by Peter Campbell and Claire Jones Letter in response to this article: Baltimore disaster must address totality of risks / From Richard G Little, Visiting Research Scholar Industrial...
...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
...Currently, the building has an energy rating of E, in an official range where A+ is best and G is worst. It did not disclose the terms of the deal....
...L&G’s retail business was also “bolstered” by rising individual annuity sales....
...The Big Read Three years after BlackRock chief Larry Fink put the world’s largest money manager squarely behind the cause of purpose-driven investing, a backlash has seen US Republicans relentlessly pound...
...Nikki Haley’s performance in the Republican presidential debates has intrigued Wall Street movers and shakers, with BlackRock chief Larry Fink attending a low-key breakfast with the candidate and former...
...He did gain a seat on the P&G board after a very close vote and recount....
...“We are expecting a similar number of large transactions to close in the second half of the year,” L&G said....
...Japan and Larry Fink: Tokyo played host to the BlackRock founder Larry Fink last week. Here’s what we learnt....
...Thongs and protruding G-strings became associated with raunch culture. Being “sexy” felt oddly taboo....
...The Ghanaian has been called “the future of portraiture” by mega-dealer Larry Gagosian....
...BlackRock chief executive Larry Fink has hit out at the candidates for the Republican presidential nomination over their attacks on the $9.1tn asset manager during Wednesday’s debate....
...The Cathiards of Ch Smith Haut Lafitte in Bordeaux have established Cathiard Vineyard in the lauded Rutherford foothills of the Mayacamas range on the west side of the valley....
...Good corporate governance isn’t totally unrelated to environmental concerns, writes Alice Ross, but it would be helpful to have a G that was more related to the E....
...In the early 1970s, Barbara T Smith, along with 10 of her fellow graduate students at UC Irvine — including Chris Burden and Nancy Buchanan — founded F Space to create, as Smith says, “space for the artists...
...“Investors have always worried about government debt and it’s never been a problem, but this time it feels like it’s for real,” said Jim Leaviss, chief investment officer of public fixed income at M&G Investments...
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