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...After becoming a senior partner at McKinsey and a stint at Merrill Lynch, he joined Morgan Stanley in 2006 and succeeded John Mack as chief executive just four years later....
...The financial system is better for ordinary people when it’s simple and boring. We’ve been moving away from that paradigm since the 1970s, and it’s a problem that only gets harder to fix....
...US Securities and Exchange Commission chair Gary Gensler has warned that the use of AI by financial companies could lead to financial instability if many market participants unwittingly rely on the same...
...Famously, the blue bloods deposed Purcell in 2005 and re-installed their man John Mack atop the bank....
...“Some might see that as boring — but the value creation he’s achieved is far from boring.”...
...“Suddenly the UK looks more boring compared to other countries — and boring is good,” said Athanasios Vamvakidis, global head of G10 FX strategy at Bank of America. “It means you avoid volatility.”...
...Boring, boring, then....
...And I think if you start there, right, that’s the easiest part....
...“Some say the news on TVP is now boring, but I would rather call it calm,” said teacher Aneta Ćwieluch....
...However, regulators in places including the UK and Australia now want to make parts of its standards mandatory....
...Boring problems Elon Musk’s Boring Company has built a tiny loop to move cars through Las Vegas, but workers of the “hyperloop” mass-transit system say its tunnels are packed with chemical sludge, reports...
...Up until 2017, Hindmarch would spend her budget staging shows as part of London Fashion Week....
...Whether the US factory buildout succeeds will be determined in part by places like Blythewood....
...The bank’s analysts added that big companies, through “innovation” or “workarounds”, could mitigate the risk from the latest regulatory proposals....
...Interactive Investor said: “We are reliant on other counterparties to play their part. Barriers to a quick transfer in include exclusive share classes, as these have to be converted.”...
...After the pandemic, Khosrowshahi worked to lure drivers back to the platform, in part by improving their experience, and even drove some rides himself to better understand what worked....
...But for the most part, education impact investing “is very boring”, Pianko says. And sound long-term investing is usually boring too....
...Company results: Asset manager Franklin Templeton is expected to report its first-quarter earnings....
...Part of leadership is putting forward an optimistic face,” says Mack. But in private, Kelleher couldn’t help but let his guard down....
...Collectors can find bottles of Teslaquila or the Boring Company ‘Not a Flamethrower’ for sale on eBay for thousands of dollars. ... though they can also find plenty of Tesla merch on sale for dozens of...
...Chief executives and boards have as much duty to plan for the future as to grow companies in the present....
...Here’s how it worked: Signa Development, one of three companies that oversaw the group’s investments, lent €125mn to Laura Finance Holding GmbH and another €190mn to Laura Holding GmbH, as part of large...
...Despite the genuine distress of the authors, part of me wanted to respond at the end of these accounts: well, what did you expect?...
...But I’d rather you call it an expensive hobby, with mastering emotions part of the game....
...Like Murray, George Heaton — whose hair is cropped short and who is wearing a hoodie from his clothing company, Represent — believes fitness is part of his brand as an entrepreneur, regularly posting pictures...
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