Hints and tips:
...After rising through the ranks at Goldman Sachs, he made his fortune reviving IndyMac after it was one of the largest US bank failures during the 2008 crisis....
...New York Community Bank will raise more than $1bn in a deal led by the investment firm of former US Treasury secretary Steven Mnuchin, in an effort to shore up its finances and calm fears after weeks of...
...The number of problem banks in the US has jumped 18 per cent, regulators warned, as New York Community Bank was stabilised by a $1bn capital raise led by former US Treasury secretary Steven Mnuchin....
...After 17 years at Goldman Sachs, he made his real fortune fronting a group in 2009 to acquire IndyMac, which now ranks as the fifth-biggest failed bank in US history....
...Data visualisation by Steven Bernard...
...“Our 3 [per cent forecast] for the end of 2024 doesn’t look quite as silly today as it did four weeks ago — because four weeks ago I was getting some heat,” said Steven Major, global head of fixed income...
...Signs of labour-market cooling were noticed by Goldman Sachs as well, though it wasn’t quite as concerned....
...Goldman Sachs in particular has been outspoken in arguing that central bank officials have accomplished most of the work needed to control inflation....
...Job moves Goldman Sachs has appointed Jane Dunlevie as global head of investment banking services for tech, media and telecoms. She will remain global head of internet investment banking....
...The agency’s other top Hollywood clients include Scarlett Johansson, Brad Pitt, Margot Robbie and Steven Spielberg....
...Greenwald engineered the poaching of Cadwalader’s lawyers by first hiring his longtime associate Steven Lofchie, whom he first met when working at Goldman Sachs....
...Proskauer chair Steven Ellis will step down in April for health-related reasons. The firm will hold an election for a new leader in January....
...Goldman Sachs, Bank of America, Credit Suisse, Elliott and Vista declined to comment....
...“As assets scale, headcount (and with it their cost base) tends to grow on a linear basis,” said a report last year by Goldman Sachs prime brokerage, which estimates that multi-managers account for just...
...It also named mergers and acquisitions co-chair Steven Epstein as managing partner and litigation co-chair Scott Luftglass as vice-chair....
...It will bring together senior leaders from North America’s leading asset and wealth management firms, including Capital Group, BlackRock and Goldman Sachs....
...“There’s a lot of high expectations of a stimulus package,” said Steven Sun, head of research and equity strategy at HSBC Qianhai Securities....
...Jamie Dimon of JPMorgan made $34.5mn in both of the past two years and Goldman Sach’s David Solomon was paid $25mn in 2022, 30 per cent less than the year before....
...Even in the more relaxed industry culture of the time, these controls appear lax, according to Emmanuel Hatzakis, a finance professor at the Stevens Institute of Technology....
...But that is not quite the whole story, according to Steven Kelly, a senior research fellow at the Yale Program on Financial Stability....
...“Harvey Pitt was one of the greatest securities lawyers of his generation and a great friend to the mutual fund industry,” remembered Paul Schott Stevens, former chief executive of the Investment Company...
...Goldman Sachs said “we do not recognise this alleged behaviour as what we would expect of our people at any time.”...
...On their heels came names like Dmitry Balyasny’s $21bn Balyasny Asset Management, Steven Cohen’s Point72 Asset Management, which runs $30.8bn, and $13bn manager Schonfeld Strategic Advisors....
...But in 2006 he received what was then a record individual fine of £750,000 from the UK watchdog for trading on confidential information from Goldman Sachs about a 2003 convertible bond sale, although the...
...Rishi Sunak, who once worked for Sharp at Goldman Sachs, distanced himself from his former boss....
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