Hints and tips:
...Goldman Sachs retained its leading position, followed by JPMorgan, Morgan Stanley and Bank of America. Citi was eighth, followed by European banks UBS and Barclays....
...Citi ranked fourth among global banks with a 16 per cent share of the overall M&A advisory business in 2022, behind Goldman Sachs, JPMorgan and Morgan Stanley, figures from Refinitiv show....
...It skips from brassy bombast to melodramatic arias to resonant choruses, working in cheeky homages to Philip Glass, John Williams and more as it goes....
...The likes of Goldman Sachs and Morgan Stanley will be able to apply standard Wall Street practice to staff working in the UK, which will make London a slightly more convenient place to locate risk-takers...
...A mega-deal validates the Morgan Stanley boss ousted by John Mack Twenty years later, perhaps there is some vindication for Philip Purcell. On Wall Street, Purcell never really won acceptance....
...The firm’s two other founding partners are Simon Warshaw, the former head of investment banking at UBS, and former Morgan Stanley banker Philip Apostolides....
...Morgan Stanley had its own fair share of drama in the 2000s when John Mack left after a power struggle with Philip Purcell, only to return four years later to replace him....
...Bank of America, Johnson & Johnson and Morgan Stanley report earnings. Five more top stories 1....
...One big poach to start: Goldman Sachs’ global treasurer, Philip Berlinski, is leaving the bank after 24 years for New York-based hedge fund Millennium Management, according to two people familiar with the...
...Morgan Stanley cites Amara’s law (named after Roy Amara, a US scientist) which states that “we tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run...
...That effort has helped to boost the stock, which has outperformed most rival banks under his tenure except for Morgan Stanley....
...Others put the blame on elements around the leader’s office, such as Morgan McSweeney and the party’s communications chief Matthew Doyle, and on politicians like Pat McFadden who, they say, have all spent...
...Philip Augar is a former investment banker and the author of many articles and several books on the City and Wall Street....
...Mike Fries, chief executive of Liberty Global, told Morgan Stanley’s European TMT conference in November that the company was looking at “another six or seven” altnets in the M&A market....
...FT Cryptofinance is edited by Philip Stafford. Please send any thoughts and feedback to cryptofinance@ft.com....
...Two decades ago, Morgan Stanley was roiled by infighting during the turbulent leadership of Philip Purcell....
...Smart reads The toxic tycoon Mike Ashley, the retail tycoon behind Sports Direct, is suing Morgan Stanley over a $1bn trading row, The Sunday Times writes....
...Philip Shaw, economist at Investec, said Tuesday’s figures should be taken “with a huge pinch of salt”....
...Lowe told a Morgan Stanley conference in Sydney last week that he believed the bank’s monetary policy was working to reduce the impact of inflation....
...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.”...
...Philip Morris was part of a joint $206bn settlement with three other tobacco companies. PMI was spun out of Altria, the rebranded version of Philip Morris, in 2008....
...Equifax Q3, Hargreaves Lansdown Q1, London Stock Exchange Group trading update, L’Oréal Q3 sales update, Man Group trading statement, Marsh & McLennan Q3, Nestlé Q3 sales update, Nokia Q3, Pernod Ricard Q3, Philip...
...Analysts at Morgan Stanley in January calculated US households spent roughly 30 per cent of their $2.7tn “excess savings” in 2022, leaving a considerable buffer against inflation....
...FT Cryptofinance is edited this week by Philip Stafford. Please send any thoughts and feedback to cryptofinance@ft.com....
...Eluned Morgan, the Welsh health minister, discussed NHS pay in a meeting with unions on Thursday, and she said “we recognise and respect the strength of feeling among the membership of the unions”....
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