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...It has previously disclosed that Markus Kamieth will replace chief Martin Brudermüller this month....
...People familiar with the plan said it was directing the Bundesbank to become more of a service provider to the German public sector by offering to passively manage a greater share of state pension funds...
..., said at the Goldman Sachs US Financial Services Conference on Tuesday....
...When pressed on the issue, asset managers in the US now emphasise that they are service providers....
...Price pressures also picked up, as services companies passed on higher wage costs....
...The commerce ministry last week banned several Raytheon and Lockheed Martin executives from entering the country and prohibited Chinese groups from selling to the two US defence contractors....
...The downturn in the eurozone’s struggling economy is easing, according to a closely tracked business survey, which found a stabilisation of activity at services companies offset a steep decline in manufacturing...
Fund firms under pressure as investors move into low-cost, high-yielding money market funds
...Services companies reported the fastest increase in their selling prices since July despite a cooling of input cost inflation, S&P said....
...Chief financial officer Martin Small said on a call with analysts that he expected headcount to be “broadly flat” in 2024, as it has been over the past two years....
...This weekend Apple will roll out acclaimed director Martin Scorsese’s Killers of the Flower Moon in more than 3,600 US cinemas and thousands more in 63 other markets around the world....
...“Netflix has pulled away,” says John Martin, co-founder of Pugilist Capital and former chief executive of Turner Broadcasting....
...Fink asked Martin Small, BlackRock’s chief financial officer, to negotiate details, while Raj Rao, GIP’s president, was enlisted by Ogunlesi to lead its talks....
...GIP president Raj Rao and BlackRock chief financial officer Martin Small will lead the integration process....
...Fink called Martin Small, BlackRock’s chief financial officer, from his mobile phone shortly afterwards....
...Laura Martin, a senior analyst at Needham, the investment bank, said the company’s AI strategy would be “for the benefit of their Apple ecosystem and to protect their installed base”....
...In the fourth quarter of 2023, Google Services made $76.3bn, with revenues primarily driven by advertising....
...“Political teams in government often straddle both public service and political roles and interests,” he said....
...Private equity groups were getting “more creative” in finding ways to generate cash for their investors given the tougher backdrop, said David Martin, a partner at law firm Linklaters....
...The company’s streaming service Max hit adjusted ebitda break even in the quarter after losing $550mn in the same period of the previous year....
...Ministers insist these measures can be implemented without weakening the overall security of messaging services. Service providers and many privacy experts vehemently disagree....
...Meanwhile, Martin Wolf argues that we can’t declare “peak China” just yet. Enjoy the rest of your week, June YoonLex Asia editor lexfeedback@ft.com...
...Martin Bednall, chief executive of Jacobi Asset Management, said he had “never seen” such anticipation for regulatory approval of ETFs....
...Airbnb said its service accounted “for a small fraction of total visitors to Europe”, representing just 4 per cent of total travellers to Venice, for example....
...Reese Witherspoon sold her company Hello Sunshine to Blackstone for $900mn in 2021, for example, and Blackstone-backed Candle Media took a $60mn stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc...
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