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...Billionaire entrepreneur Mike Ashley claimed that “nothing” would satisfy Morgan Stanley as it made “horrific” demands to cover a trading position held by his UK retail group Frasers....
...Mike Ashley’s retail group as a client....
...Mike Ashley’s Frasers Group has accused Morgan Stanley of “snobbery” over its decision to impose a $1bn margin call, claiming the bank’s move was driven partly by the entrepreneur’s humble beginnings....
...The colourful language was part of a court hearing pitting billionaire retail tycoon Mike Ashley against Morgan Stanley, one of the world’s largest lenders....
...Kelleher, a veteran of Morgan Stanley, will be watching if UBS can compete with his former bank and the industry leader in wealth management....
...An impromptu “Fever” introduced Lee Morgan’s soul-jazz composition “Yama”....
...The tune, Lee Morgan’s “Ceora”, is an awkwardly paced bossa nova, but the poised phrasing and muscular sound were just right....
...It’s also interesting that the White House just appointed Mike Konczal, a financialisation expert and former Roosevelt Institute director, as a member of the National Economic Council....
...Companies: Abbott Laboratories and infrastructure company Kinder Morgan are scheduled to report first-quarter earnings. Five more top stories 1....
...I give first prize to Mike Johnson, the new Republican speaker, for submitting the weirdest emergency funding request in US history....
...In today’s newsletter: Cisco’s $28bn Splunk takeover Private equity credit in Paris Mike Ashley, Archegos, and Morgan Stanley The big winner’s from Splunk’s sale Activist investor Starboard Value is...
...Notwithstanding the tension, Morgan Stanley alongside PJT Partners, founded by the Morgan Stanley alumnus Paul Taubman, advised Discover on the Capital One buyout....
...Frasers, the Sports Direct owner founded by Mike Ashley, sued Morgan Stanley in 2021 in London for allegedly acting in bad faith when it tried to force the retailer to close derivative positions it had entered...
...Sidemen include trumpeter Lee Morgan, drummer Art Blakey and saxophonist John Coltrane, and the repertoire ranges from speedy be-bop classics and sprightly songbook covers to soulful originals and blowing-session...
...Bank of America, Johnson & Johnson and Morgan Stanley report earnings. Five more top stories 1....
...Congress: The House of Representatives convenes today with new Speaker and Donald Trump supporter Mike Johnson taking the gavel after he secured the backing of his Republican colleagues....
...“The price of a carbon market is like a scorecard for the existing government on how they’re doing on climate policy in their country,” Carbon Cap Management’s chief executive Mike Azlen told me....
...Former Freshfields boss Will Lawes also became a banker, joining Lazard in 2017, while dealmaker Mark Rawlinson quit the firm for Morgan Stanley, where he was chair of UK investment banking until he left...
...News round-up Trump media company co-founders allege ‘stock grab’ in lawsuit (FT) Hedge fund manager Greg Coffey in talks to acquire EM boutique Emso (FT) Mike Ashley’s game of spoof over legal bill ‘...
...“[He] is in a league of his own given the sheer magnitude of stock that he owns,” said Mike Mayo, a banking sector analyst at Wells Fargo....
...Nevertheless, the changes this week point to efforts to ensure a smooth succession process to rival that of Morgan Stanley boss James Gorman’s handover last year....
...Mike Fries, chief executive of Liberty Global, told Morgan Stanley’s European TMT conference in November that the company was looking at “another six or seven” altnets in the M&A market....
...Morgan Stanley’s Mike Wilson is a little gloomier, and predicts it will end flat on the year at 4,500....
...United Utilities: Shares in the British water supplier climbed 1.7 per cent after a rating upgrade from Morgan Stanley....
...As Wells Fargo’s Mike Mayo told New York Magazine: “I’ve called for CEOs to be fired before,” says Mike Mayo, a bank analyst well known for his often antagonistic views....
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