Hints and tips:
...That is one reason global investors steer clear of Europe’s banks, thinks Joseph Dickerson at Jefferies....
...John Mack, another former Credit Suisse chief executive who went on to run Morgan Stanley, has a blunter assessment of the reasons for its fall: “Their performance says it all.”...
...The main opposition has even been forced to give up the name it fought under for years when led by the late Morgan Tsvangirai, whose Movement for Democratic Change was the primary challenger to Mugabe....
...Morgan Stanley analysts predict the arrangement will shave off $100mn a year initially, rising to $200mn, or 15 per cent, of De Beers’ forecast average annual core earnings of $1.3bn over the next 10 years...
...Additional reporting by Joseph Cotterill...
...Schiff rivalled John Pierpont Morgan’s standing on Wall Street — his reputation only enhanced when he orchestrated a rescue of Union Pacific Railroad in the late 1890s after Morgan had abandoned the assignment...
...Scott Nuttall and Joseph Bae, the two co-heads of KKR who formally took over from Kravis and Roberts in 2021, have pinned much of the group’s earnings growth on a near $20bn stockpile of assets that have...
...His CCC is the successor to the Movement for Democratic Change, whose late leader Morgan Tsvangirai once led the challenge to Mugabe....
...His efforts included a conversation with an unnamed “board member I knew at BI” and approaches to KKR co-founder Henry Kravis, its co-CEO Joseph Bae and Axel Springer’s Döpfner....
...Efrain Tejada, rates strategist at Morgan Stanley said the rise had shocked investors who are used to steadier Sofr rates....
...The crowd was “more subdued” this year, noted art adviser Morgan Long, but this, she added, is not such a bad thing: “People used to be in town for parties, now they are here to buy art.”...
...President Franklin Delano Roosevelt pushed for the creation of the SEC; Joseph Kennedy, the buccaneering Irish-American businessman, served as its first chair; William O Douglas, a feisty progressive lawyer...
...JPMorgan and Morgan Stanley lost 0.3 per cent and 0.1 per cent, respectively, while Wells Fargo slid more than 1 per cent. The Nasdaq Composite gained 0.7 per cent....
...Asset managers from BlackRock to Abrdn, and investment banks including JPMorgan and Morgan Stanley are also either investing in tokenisation companies, or themselves exploring how to turn traditional assets...
...Joseph Gagnon, a former senior staffer at the Fed who is now at the Peterson Institute for International Economics, says central banks are now at an “inflection point” and that this is a point of minimum...
...This sordid affair closed a chapter on Monday, the FT’s Joseph Cotterill and Owen Walker report, after UBS settled with Mozambique....
...In Melbourne, Morgan Pickett and his wife recently attended an auction for a house with a guide price between A$800,000 and A$850,000 ($525,000-$557,000)....
...But Joseph Wang, the Fed Guy, thinks this misses a crucial distinction between QE and the BTFP. One feature of QE is that Treasuries held by investors are sucked up and replaced with bank deposits....
...But when Joseph Pulitzer, publisher of the New York World, decides to hike that upfront cost to 60 cents, the newsies take a stand....
...But four economists at Vanguard — Joseph Davis, Ryan Zalla, Joana Rocha and Josh Hirt — argue in a recent paper that the neutral rate may be closer to 2 per cent....
...The FT’s Joseph Cotterill has more....
...David Solomon of Goldman Sachs, James Gorman of Morgan Stanley and Jane Fraser of Citigroup are among those expected to attend the November forum following Hong Kong’s decision to scrap its hotel quarantine...
...But Joseph Moore, semiconductor analyst at Morgan Stanley (who is underweight Intel), noted that while it behoves Intel to take advantage of state subsidies: Ultimately, it has to be in support of the business...
...Goldman Sachs chief executive David Solomon, Morgan Stanley’s James Gorman and Citigroup’s Jane Fraser will attend a financial forum in Hong Kong designed to restore the city’s reputation as Asia’s top financial...
...Letter in response to this article: Another myth-busting fact about share buybacks / From Joseph von Zanten, King’s College London, London WC2, UK...
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