Hints and tips:
...The story is similar at family offices, which cater to the wealthiest US investors: just 45 per cent of them told a Morgan Stanley survey that ESG has any impact on investment strategy, down from 56 per...
...and Serbia 200th day of the Hamas-Israel conflict after Hamas launched an attack on Israel on October 7 last year UK: 100th anniversary of both the first radio broadcast by a British monarch, George V...
...The bank’s former CEO Lloyd Blankfein....
...Sax now follows the gentle curve of Morgan’s double bass solo and Lloyd refines the experience of those intervening years into a glow of gentle romance....
...For now, Wall Street’s biggest lenders, including JPMorgan, Bank of America, Morgan Stanley, and Citigroup, have sat back and generally been the winners of the banking crisis....
...Goldman Sachs, meanwhile, planned for the retirement of CEO Lloyd Blankfein by naming investment banker David Solomon and chief financial officer Schwartz as co-presidents....
...Cloud banking fintech Thought Machine doubles valuation London-based Thought Machine, whose clients include Morgan Stanley, JPMorgan Chase and Lloyds Banking Group reached a valuation of $2.7bn in a $160mn...
...Analysts at Morgan Stanley believe Wall Street’s consensus forecasts for the June quarter of $86.7bn (a rise of 6 per cent year on year) “seems high” given chief executive Tim Cook’s typical caution when...
...Microsoft, which reports on Tuesday, has already cut its guidance based on the dollar, and Morgan Stanley issued a note last week saying the dollar could lead to disappointing guidance from Apple when it...
...You know, we saw the last CEO of Goldman Sachs, Lloyd Blankfein. He led the bank for 12 years before he ultimately left in 2018....
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...were based on a “v-shaped” scenario of a sharp shock followed by a rapid recovery....
...Texas, Florida, and now California are going back into lockdowns. Europe - some destock. Europe is 45% on and 55% off....
...Here’s JP Morgan Cazenove: China represented 7% of group revenue in 2019....
...Bankers’ early optimism that the pandemic would manifest as a sharp economic shock followed by an equally rapid recovery — the ubiquitous “V-shaped” recession — has given way to pessimism....
...Crossword 16,419: Paul Rock, Walden, England; James Simpson, France; Hugh Guilford, Buckinghamshire, England Polymath 1,064: Michael Foottit, London Crossword 16,413: James Leaver, Sydney; Ardeshir Dalal, Texas...
...Texas is not far behind....
...The recent weather developments in the US (Hurricane Laura) may pose some temporary risks in the Texas region....
...We need better inventory,” Lloyd Helms, chief operating officer, told a conference last month....
...But the deal is an expensive gamble by Morgan Stanley’s chief executive Jamie Gorman, says Lex....
...However, the two forecasts in the market (other than ours) that were formulated post-outbreak expect a V-shaped recovery (sales densities higher in FY21 than in FY19) and that feels very bullish to us....
...Here, via JP Morgan Cazenove, is what you could’ve won: HSBC announced a 21c final DPS ($4.2bn dividend), representing c40bps of CT1 (assuming 25% scrip); RBS announced a 3p final ordinary DPS and a 5p...
...WPP will also reduce is planned capex from £400m to v£300m....
...Here’s Morgan Stanley’s summary: A mixed call from G4S sees little recovery in the shares....
...A new king rises at 200 West Street The memo Lloyd Blankfein, chief executive of Goldman Sachs, sent early on Tuesday morning had been well telegraphed to staff inside 200 West Street....
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