Hints and tips:
...He got his first job at Bear Stearns, as a municipal bond salesman, because of his bridge prowess....
...This week, the $6.8tn fund house issued a report outlining its progress. The New York-based group said it had placed 244 companies “on watch” for insufficient progress on climate issues....
...GPIF, the world’s largest pension fund, has conducted the annual survey for the past five years to provide a fair assessment for two sides — asset managers and companies....
...Morgan Stanley (AstraZeneca’s joint house broker) agrees: There is little-to-no overlap with the core businesses of each company....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Morgan Stanley has already published data showing that James Gorman, chief executive, was awarded a 7 per cent pay rise — to a total package of $29m — in a year when pay for his 60,300 workers fell by an...
...Partners hedge fund, who has tracked global energy markets for more than 25 years....
...It was also one of the most contentious, denting the retirement incomes of thousands of former workers, shouldering an official rescue fund with what it says could be a £300m bill and inflaming a debate...
...The dilution factor makes theoretical sense for companies issuing stock to pay workers. But the key question is what the right factor is....
...(Financial Times) - Richard Bernstein: Smaller, domestically-focused US companies are outperforming....
...(Financial Times) US pension fund sues big banks over CDS ‘dominance’: The class action antitrust suit filed by the Sheet Metal Workers Local No. 33 Cleveland District Pension Plan pension fund accuses...
...rigging and price fixing in the market for municipal derivatives....
...The writer is chairman of Morgan Stanley Asia and author of The Next Asia...
...Within days, the authorities had allowed Goldman and Morgan Stanley to become bank holding companies....
...the hedge fund and private equity sectors have largely escaped regulatory scrutiny....
...It had emerged that a grand jury was investigating a California company that had donated funds to his political committees, allegedly in exchange for contracts to advise the state on bonds....
...for injured workers....
...Richard Ferlauto, who represents the American Federation of State, County and Municipal Employees union pension fund, says there is an “expectation among institutional investors that compensation practices...
...“Executive compensation is the major topic on companies’ and investors’ agendas at present,” says Jim Melican, chairman of Proxy Governance, which advises fund managers on how to vote in annual shareholder...
...Securities Litigtion filed by certain New York state and municipal pension funds (“NY Funds“) ostensibly on behalf of purchasers of the Company’s common stock and certain other equity and debt securities...
...Following the merger of Chase with JP Morgan, he became a member of the combined company’s office of the chairman....
...For producing those results, Goldman set aside $20.2bn in compensation for the year for its workers, an average of about $650,000 per employee. Of course, some will get far more and some far less....
...In effect, workers might accept little or no increase in expected real wages but demand full compensation for higher prices – as they did in the 1970s....
...On top of that, Saudi companies have benefited from the arrival of some 7m expatriate workers – including 1.2m last year....
...It came a day after Morgan Stanley laid off 600 mortgage-related workers and Credit Suisse said it would shed 170 in its investment banking arm, bringing its total job losses to 320....
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