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...“We don’t disclose the historical financials, but obviously Stripe has been in build mode up to this point.”...
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...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...If this wasn’t provocative enough, bondholders were then told that they should brace themselves for haircuts....
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...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...This puts Apple’s services revenue, which accounts for about a third of operating profit, at risk....
...And you know what, a lot of good people at the SEC agree with me. They won’t say it publicly....
...Mark Mason, the bank’s chief financial officer, said it would be weeks before Citi set out further details of job cuts at the bank....
...I’ve got another meeting with Wes Streeting and Peter Kyle about AI in the health service tomorrow. Feel like I am making headway....
...Aspell, whose son works at an airline, can fly for free on that carrier....
...That isn’t to say that JPMorgan hasn’t made some headway....
...One vital area is employment law, according to Louise Mason, a senior associate at Linklaters, because it is a body of law that has essentially grown up during the lifetime of UK membership....
...At Pinsent Masons, Morrison warns: “The firms who do not embrace the opportunity AI poses now will not see the erosion going around them until it is too late.”...
...“We didn’t think that we’d be profitable this fast,” he told the Financial Times. “We’re at the beginning part of the journey....
...“I was stuck at the checkpoint for a couple of hours with no phone service . . . ” Why?...
...“Active ETFs were all the rage in 2023, and a turn of the calendar hasn’t dented their popularity,” Jackson wrote in a note for Morningstar, referring to the $116bn in net inflows the funds pulled in last...
...“We are committed to developing onshore,” said Citi’s chief financial officer Mark Mason during an earnings call this month....
...At first, he thought this was simply an error, or perhaps an estimate for a delivery by car. But then he realised that even a car couldn’t have made that journey in six minutes....
...Even if [the lapses are] totally separate, you can’t say that every Max leaving the factory floor is good to go.”...
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..., head of investment analysis at investment platform AJ Bell in London....
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