Hints and tips:
...Anne Sammon, partner at law firm Pinsent Masons, said staff whose base pay was hiked when the bonus cap was introduced “will be contractually entitled to those higher salaries and so will only give those...
...Tom Athron, chief executive of luxury food and gift retailer Fortnum & Mason, believes the role of department stores has changed dramatically over the past decade....
...Andrew Barber, partner at law firm Pinsent Masons, said fines against crypto and payments groups could be even higher in future years as governments introduced new regulatory regimes....
...Venetia Jackson, a lawyer at Pinsent Masons, said the announcement was “a significant move from the FCA to ensure compensation is available to customers who may otherwise be left with proving their claims...
...Lise Davidsen and Sheku Kanneh-Mason took up their postponed star spots as the evening’s two soloists....
...Stop The Towers, a campaign group that supports residents in West Ealing, complained to Ealing council leader Peter Mason about the height of some proposed buildings — up to 20 storeys against a maximum...
...Former Nasa chief technologist Mason Peck said the Starship had “a very promising first flight”....
...With The Last Revolutionaries, the historian Laura Mason examines a political trial that actually helped to topple a government....
...Both Citi’s Mr Mason and Commerzbank’s chief financial officer Bettina Orlopp stressed that their banks had already made substantial provisions to deal with potential loan losses....
...Sarah Weber Hertel, George Mason University, Fairfax, VA, US...
...Anne Sammon, employment partner at Pinsent Masons, the law firm, has received increasing numbers of inquiries from organisations that are worried about employees’ digital presenteeism....
...Joe Sullivan, the former chairman and CEO of Legg Mason, will be appointed as executive chairman of the new company....
...“Even since we put pencils down . . . to close out the quarter, we see further improvement on GDP and unemployment outlook,” Mark Mason, Citi’s chief financial officer, told reporters....
...Mark Mason, Citi’s chief financial officer, hinted at provisions releases last month but analysts did not expect them to be so large....
...“We’ve had an extraordinary year,” said Citi’s chief financial officer Mark Mason. “The industry has seen a great deal of wallet growth in markets, and that’s got to normalise at some point.”...
...On December 9, Citi finance chief Mark Mason told a conference that, given the economy’s improvement, “you’re probably more likely to see releases when I think about reserves than we are to see builds”....
...Mr Mason said Citi would “hold expenses more or less flat” for 2020....
...Brian Moynihan, Bank of America’s chief executive, said third-quarter trading revenues would be up just 5 per cent, while Mark Mason, Citigroup’s chief financial officer, predicted a low double-digit percentage...
...Mason Advisory, a Salford-based digital and technology consultant, even managed to stage an in-person “away day” last autumn....
...Mark Mason, chief financial officer of Citigroup, said the additional provisions reflected preparation for a worst-case scenario, and that “it is more likely than not that we see reserve releases in 2021...
...It follows the merger of Standard Life and Aberdeen in 2017, Invesco’s purchase of Oppenheimer last year, and Franklin Templeton’s takeover of Legg Mason this year, for $6.5bn including debt....
...Other potential contenders to succeed Mr Corbat include Citi’s longstanding investment bank boss Paco Ybarra, and chief financial officer Mark Mason, who has held operational and strategic roles....
...“The act will introduce two new criminal offences which could potentially apply to a wide range of activity — both directly and indirectly related to a pension scheme,” said Laura Amin, principal with Lane...
...future loan losses on a scenario that included the unemployment rate peaking in the “low- to mid-teens” in the second quarter and US gross domestic product falling sharply, said chief financial officer Mark Mason...
...An insider at a European bank said executives typically left some headroom in their public statements, and that Citi’s numbers were probably 5 to 10 per cent higher than Mr Mason’s comments....
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