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...In a wide-ranging interview with the Financial Times days before he hands over as CEO to Morgan Stanley co-president Ted Pick, Gorman also said the banking system had become much safer in his 14-year tenure...
...On the same day in December, the state testing agency, China Information Technology Security Evaluation Center, published its first list of “safe and reliable” processors and operating systems, all from...
...The move to raise $500m in art-backed securities comes at a moment of deep distrust of Drahi in the bond market, however....
...Morgan Stanley Investment Management has filed to adopt Vanguard’s exchange traded fund multi-share class structure, becoming the fifth in line to seek approval to do so....
...Security experts fear that this threat is now far bigger than the more visible ransomware issue....
...Let’s put aside the fact that Google’s Android mobile operating system controls 70 per cent of the market worldwide (and 40 per cent in the US)....
...Some of the same banks are issuing stronger warnings in US listings, where the Securities and Exchange Commission has called for “more specific and prominent” disclosure of China risks....
...The National Cyber Security Centre, a branch of the signals intelligence agency GCHQ, published fresh advice on Monday for “high-risk individuals” whose work or public status means they can access or influence...
...According to the UN, Tether is also increasingly becoming a conduit for money launderers and fraudsters to move funds outside the global banking system....
...They join from Morgan Stanley and Citi, respectively. Coatue Management managing director Aaron Weiner is leaving the group to start a new hedge fund, Bloomberg reports....
...Increasingly the US asset manager he heads is the star around which the digital assets solar system orbits....
...Gorman, who hands over to his successor Ted Pick on January 1, also said the banking system had become much safer during his 14-year tenure at the top of one of America’s biggest banks....
...“They are getting ready to do some significant M&A,” said Daniel Ives at Wedbush Securities....
...Morgan Stanley did not respond to a request for comment....
...Companies expected to go public soon include cold storage chain Lineage Logistics, which is seeking a valuation above $30bn, and cyber security provider Rubrik, valued at $4bn last year....
...Since the US Securities and Exchange Commission approved the ETFs, average daily returns for bitcoin outside US trading hours are 0.31 per cent....
...It points to the high price of smartphones, the grip Apple has over app distribution and lack of access it provides to the iPhone operating system....
...This gave scope to increase their potential market with a “silicon-to-systems” product set and to boost margins....
...Fink’s letter raised issues more than it suggested concrete solutions, but he wrote that Japan had found ways to encourage people to stay in work longer and that Australia’s national retirement savings system...
...They also worry it could use the app to influence voters in an effort to meddle in the US democratic system. TikTok denies the Chinese Communist party has any influence on the app through ByteDance....
...Platforms must also adjust their creator payout programmes to ensure influencers are not incentivised to game the system....
...But “the clock is not running out”, said Jack Wallace from Guggenheim Securities....
...“Over the next 24 months we really do need to see the development of the Vision Pro app ecosystem,” Morgan Stanley’s Woodring said....
...Apple had been expected to remove the functionality with an update to its operating system in the coming days....
...Founded in 2003, Splunk is used by companies to sift through large troves of data and find security threats that could affect their businesses....
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