Hints and tips:
...Well before his Morgan Stanley deal, Purcell was first a McKinsey consultant and then an executive at the department store Sears who led its financial services strategy....
...JPMorgan, Citi and Wells will report earnings on Friday while Goldman Sachs publishes earnings on Monday. Morgan Stanley and BofA will publish results on April 16....
...Thompson and Morgan (thompson-morgan.com) leads the field and now owns Suttons (suttons.co.uk) and Dobies (dobies.co.uk). Suttons and Dobies still maintain separate lists and are worth tracking too....
...they might buy from the Sears Roebuck catalogue....
...As always, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with thoughts, comments and suggestions. Happy reading!...
...As ever, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with your thoughts. Happy reading!...
...If you want to get in touch, my inbox is very open to all tips, comments, concerns, suggestions, recipes and stray thoughts. Feel free to drop me an email at sid.v@ft.com....
...It all started with Sears. At the end of the 19th century, Chicago-based Sears, Roebuck & Co’s catalogue was a monster, a doorstop manifesto of capitalism geared to homesteaders and smallholders....
...We also had a policy response that was timely, sizeable and co-ordinated, helping to lay the foundation for a speedy recovery....
...The first Baron Rothschild and John Pierpont Morgan rocked up on their yachts....
...Carlyle had experienced an “economic rebound in China [that] has been very V-shaped”, he told a Morgan Stanley investor conference last month, although progress in the US and Europe would come in fits and...
...Morgan Stanley....
...Twenty-five years ago, you might have thought a portfolio containing shares in General Electric and General Motors, ICI, Marks and Spencer, Barclays Bank and Sears Roebuck represented a low-risk, conservative...
...Davide Serra, co-founder of Algebris, a €13bn asset manager that invests in bank debt and equity, says: “Capital is now five times higher than in 2008, if regulators hadn’t forced it into the system we would...
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...Back to sellside, and Morgan Stanley’s gone negative on Next....
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
...Global GDP is set to contract the most since WWI in Q2, but amid surging money supply and rising saving rate, depressed base effects should lead to a v-shaped recovery into Q3....
...And JP Morgan: While the BoE is giving little away and echoing similar comments by other central banks, it did begin the year with a clear easing bias and there is reason to think it could ease soon if...
...Here’s Kempen & Co: We, along with a number of others, have long such suggested that a rights issues was becoming more inevitable as Hammerson’s leverage continued to rise and the disposal market dried...
...He is replaced by Nicolas Namias of BPCE, the co-operative bank that’s Natixis’s majority shareholder....
...Remember that the Japanese group pegged WeWork’s valuation at $47bn in January and various banks trying to woo Neumann and his company, including JPMorgan, Goldman Sachs and Morgan Stanley, had pitched the...
...PrettyLittleThing is run by Umar Kamani, the son of Boohoo co-founder and executive chairman Mahmud Kamani....
...Among those to toast the outgoing Emea boss at the trendy 28 West bar were new investment bank boss Paco Ybarra and new markets co-head Andy Morton....
...And where consensus forecasts end up is anyone’s guess. Here’s JP Morgan Caz off the conference call....
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