Hints and tips:
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...It is unclear what steps Musk will take to shake up the company’s management once he is in charge....
...Their deaths, including Walter Scott, Thomas Murphy and David “Sandy” Gottesman, have forced Berkshire to bring in a number of new overseers....
...Additional reporting by Hannah Murphy in San Francisco...
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...David G Blanchflower Bruce V Rauner Professor of Economics, Dartmouth College, Hanover, NH, US Lord Sikka Emeritus Professor of Accounting, University of Essex, Colchester, UK Richard Murphy Professor...
...The bigger are getting bigger, whether in banking, asset management, hedge fund and high-frequency trading....
...Glass Lewis, the second-largest proxy adviser, has recommended Berkshire investors withhold support for board member Thomas Murphy, pointing to concerns about the company’s climate change disclosures....
...Additional reporting by Joshua Franklin in New York and Hannah Murphy in San Francisco...
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...London has always been the capital for financial services, and it’s a good city to get talent in, and to bring to talent to....
...We are a software as a service business. We charge banks a transactional fee. Every loan that we analyse is a transactional charge....
...Though payments is the starting point, the bank hopes to eventually expand into other services like working capital management and lending for smaller businesses....
...Plus, the FT’s management editor, Andrew Hill, explains why businesses in the UK’s services sector trying to operate in Europe are encountering post-Brexit challenges....
...As Hannah Murphy in San Francisco reports, Twitter cited “revenue product improvements, strong sales execution and a broad increase in advertiser demand” as primary drivers of a 74 per cent year-on-year...
...“We’re trying to give the customer an integrated solution of hardware, software and services.”...
...Wielding innovative tools and tradecraft, the cyber spies lurked in email services, and posed as legitimate staffers to tap confidential information stored in the cloud....
...“These are not idiosyncratic events,” said Andrew Slimmon, portfolio manager at Morgan Stanley Investment Management....
...Automation an automatic choiceJapan Inc has found a new purpose for automation: business continuity in the uncertain era of Covid-19....
...UBS, its crosstown rival in Zurich, also turned to new management. The moves kicked off a shake-up of the industry’s top ranks....
...“They’re obviously putting a lot more resources into that area and going more into talent management.”...
...For Goldman, that means new ventures into cash management, credit cards and retail savings accounts....
...“This is not going to be a V-shaped recovery, at best, this is going to be a U-shaped.”...
...In these areas companies are expected to prosper from the acceleration of digital services spurred by shutdowns, homeworking and social distancing....
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