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...Capital — which together own more than 40 per cent of the company, according to S&P Global Market Intelligence....
...Sidney Taurel, chair of Pearson, said the board “ran a thorough and rigorous search with strong governance”. “The result is an outstanding candidate,” he added....
...Mr McFarlane “doesn’t like” lossmaking businesses, a view some bankers would have regarded as eccentric a few years ago....
...I was the only one who knew that as an investigator,” Mr Ross testified. He added that Mr Martoma had said “the p-value was not significant”. “I think he knew the exact numbers,” Mr Ross testified....
...An underemployed father like Mr....
...Mr Bakrie represents Golkar....
...Mr Osborne is expected to set out his ambition to return the two banks to the private sector next week, with the Treasury eyeing a possible start of that process with a disposal of 10 per cent of Lloyds...
...If Sidney Homer’s classic History of Interest Rates is any guide, this represents the lowest level of interest rates anywhere since Babylonian times....
...“If they can increase returns by 50-100 basis points a year that’s a P&L [profit and loss] transforming number. I think there is going to be pressure to do that,” says Mr Creswell....
...Mr Kashkari also held between $15,000 and $50,000 as part of Goldman’s 401(k) profit-sharing plan. The money was invested in an S&P index and an international index fund....
...“Arthur Sale: Letters” is available for ₤8.99 plus ₤2.15 p&p from LitFest, Magdalene College, Cambridge, CB3 0AG (cheques payable to Magdalene College, Cambridge)....
...Rubin, Member, Office of the Chairman, Citigroup Kevin P....
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