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Outgoing CEO highlights safer financial system, which leaves banks’ own ‘stupidity’ as one of their biggest threats
...Neuberger Berman and Franklin Templeton declined to comment....
...Additional reporting by Patrick Temple-West in New York...
The FT rounds up the US bank executives cashing in their shares
...patrick.jenkins@ft.com...
...Every big bank wants to move further into the business, as Patrick Jenkins noted in the FT yesterday. There are corporate transformation success stories (Nokia started as a paper mill!...
...janan.ganesh@ft.com Letter in response to this article: Leaders are not mere politicians and this is why / From Patrick J Allen, River Forest, IL, US...
...“Gen X is emblematic of where we are heading and things don’t look very good,” said NIRS research director Tyler Bond....
The tech giant’s ventures into financial services signal greater ambitions to take on Wall Street
Product launched as depositors pull cash from bank accounts offering low returns
...Patrick McHenry, Republican chair of the House financial services committee, blamed the Fed for being too slow to react to soaring inflation, causing it to rapidly raise interest rates over the past year...
...We need to look very carefully at this,” Patrick McHenry, the Republican chair of the House Financial Services Committee, told CBS....
US regulator says bank staff completed company screenings after they were already picked for portfolios
iPhone maker expands finance ambitions with offering for Apple Card customers
...“Many of the reasons these guys outperformed had nothing to do with skill,” says Patrick Dwyer, a managing director at NewEdge Wealth, an advisory firm whose clients invest in private equity funds....
...Additional reporting by Kate Duguid in London, Joshua Franklin in New York and Patrick McGee in San Francisco...
...One of them is Patrick Hillmann, chief strategy officer, who said it was “simply time to move onto the next challenge”....
Several red states have introduced legislation to punish firms adhering to ‘woke’ agenda
...Despite management’s attempt to get everyone on the same dismal page, analysts remain unusually divided on just how bad the results will be, the FT’s Joshua Franklin and Stephen Gandel report....
US regulator has been putting more focus on potential ‘greenwashing’ in finance
...And here deputy editor Patrick Jenkins weighs up the pros and cons of retooling the Pension Protection Fund, the UK pensions lifeboat, to come to the rescue of UK equities....
...Why isn’t that giving hope to business people like Patrick Andrae, who we just heard from?...
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