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...SoftBank said: “As Mr Son explained during SoftBank’s earnings presentation last November, SB Northstar’s activities and its portfolio have been significantly reduced.”...
...Mr Liu has also been duly registered and accepted by local Shenzhen government authorities as the company’s legal representative and general manager.”...
...On Tuesday, I met two Tokyo-based portfolio managers on their way home from Singapore....
...unit....
...Twenty years ago, a lot of British unit trusts were sold with a 1.5 per cent management fee....
...A corrupt manager, who was internally dubbed “Mr Three Percent” as he insisted on a kickback of 3 per cent of invoices, was later jailed....
...“If I had something to drink at lunch, you would be leaving this saying, ‘Mr Hanks had curled up in a ball . . . in the booth and gone to sleep.’”...
...Mr Son’s shadow was in the background, even if he wasn’t physically in the room.”...
...Job moves Bank of America has hired former BNP Paribas banker Benoit Nevouet to head its new Luxembourg unit, per Reuters....
...And Udi Levi, the former head of the Mossad’s economic warfare unit, he says the same thing....
...Since launching, the designer has added six online and physical stockists, mostly in the UK, the biggest one being Mr Porter....
...“It’s monkey see, monkey do,” John Hathaway, senior portfolio manager at Sprott Asset Management, told the FT....
...The revelation that JPMorgan was “Party A” comes just days after Mr Dimon said he was still interested in asset management acquisitions....
...“Mr Bellenhaus intends to continue his co-operative behaviour as chief witness during the trial,” his lawyers said in a press release, adding that their client would “take responsibility” for his actions...
...Philippe Maupas, a French investment consultant and blogger, said that whether H2O can stem withdrawals when its funds finally reopen depends on if the asset manager can convince investors that Mr Crastes...
...It was in January that the comedy routine of Mr Makati began to change....
...Blackstone kept the GSO brand intact for 12 years or so as it grew from $21bn in assets to $135bn by 2020, when the unit was rebranded Blackstone Credit after all three co-founders had departed....
...But analysts cautioned that while revenues are quick to disappear as trading units are shut down, the costs stick around for much longer....
...AIG chief Peter Zaffino was previously appointed chair of the new unit, while Blackstone operating chief Jonathan Gray was announced as a board director....
...The bonds that Credit Suisse investors had been persuaded by the wealth management unit to invest in were not going to get paid back....
...One thing to start: More than half a dozen senior Credit Suisse managers, as well as its legal department, were aware that a group of clients were potentially violent drug-smuggling criminals, but approved...
...for Mr Staley following the arrest of Mr Epstein in the summer of 2019.”...
...Mr. President, thank you so much. Thank you. Thank you....
...“A lot of smaller managers are feeling disadvantaged.”...
...He bought out minority shareholders after Ares, the US asset manager, agreed to provide £1bn in debt financing in 2019....
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