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...“You can tell Morgan Stanley is run by a management consultant and Goldman Sachs has been run by traders and bankers,” said one Goldman banker, drawing a contrast with the power struggle between David Solomon...
...Playwright David Greig assumed the role of artistic director of the Royal Lyceum Theatre in 2016. For eight years, he has refrained from programming his own plays, opting to adapt or direct instead....
...Now, just as it looked like chief executive David Solomon had finally gotten a grasp on the Wall Street bank after a difficult period last year, there is a new round of dissension at Goldman....
...Only a quarter of executives at Nikko are women....
...Investors are warming to Goldman as a top pick to benefit from a potential rebound in investment banking activity in 2024, a business where David Solomon’s bank still outearns Morgan Stanley....
...Job moves Simpson Thacher & Bartlett has hired a team of five partners from Skadden, including Sven Mickisch, who formerly co-headed its financial institutions group....
...Goldman Sachs chief executive David Solomon is facing a new wave of unrest inside the Wall Street bank, threatening a fragile peace among its partners....
...As part of the agreement, Morgan Stanley will pay $249mn in a settlement....
...(David Solomon’s 2018 victory over co-president Harvey Schwartz to succeed Lloyd Blankfein comes to mind.) Pick’s big promotion hardly comes as a surprise....
...The problems facing him are a legacy of Adam Neumann, the WeWork co-founder who set out to “elevate the world’s consciousness” by overhauling its office space....
...Morgan Stanley had its own fair share of drama in the 2000s when John Mack left after a power struggle with Philip Purcell, only to return four years later to replace him....
...Several other banks — such as Citigroup, Morgan Stanley, HSBC and Barclays — ask most office staff to be in for a minimum of three days a week, with some roles required to be in more often, especially for...
...The Spanish lender hired Morgan Stanley M&A banker David Luwisch, former Jefferies industrials banker David Bradley and former Bank of America financial sponsors banker Andrew Greenwald....
...That puts the Morgan Stanley trio in a similar ballpark to Goldman Sachs chief executive David Solomon, who has sold almost $22mn since 2006....
...His efforts included a conversation with an unnamed “board member I knew at BI” and approaches to KKR co-founder Henry Kravis, its co-CEO Joseph Bae and Axel Springer’s Döpfner....
...Teresa Ribera, deputy prime minister of Spain and co-head of the EU’s COP28 negotiating team, said it was “disgusting that Opec countries are pushing against getting the bar where it has to be”....
...This gender gap in tech is not just a waste of potential talent — it is also a weakening of democracy, argues Dora Palfi, co-founder of imagi, a Swedish start-up that wants to help redress the balance....
...Dimon, along with David Solomon of Goldman Sachs, Jane Fraser of Citigroup, and James Gorman, the outgoing boss of Morgan Stanley, will be among eight CEOs answering questions from senators in an annual...
...Job moves Rothschild & Co has named Andrew Yearley, previously a managing director of restructuring and capital solutions at Lazard, as global co-head of restructuring in New York....
...James Gorman of Morgan Stanley and Jane Fraser of Citigroup are each former McKinsey management consultants....
...So it’s a real sign of continuity at Morgan Stanley and a bit of a rarity on Wall Street that a succession process can be handled like this with all of the leading candidates for the job staying around after...
...He presented a PowerPoint containing baby pictures of the firm’s three billionaire co-founders, David Rubenstein, William Conway and Daniel D’Aniello....
...Wall Street history is littered with bitter succession battles, including at Goldman Sachs where David Solomon won out over co-president Harvey Schwartz to take over from Lloyd Blankfein in 2018....
...Charlie Jacobs, former Linklaters senior partner, was appointed JPMorgan’s co-head of investment banking in 2021....
...“The advantage that Britain had when you had Margaret Thatcher, John Major and then myself was that you had almost 30 years of government with a certain core of policy around the business sector that wasn...
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