Hints and tips:
...Vinted and Morgan Stanley declined to comment....
...At $170bn, its market valuation towers over that of Goldman Sachs, Morgan Stanley and Citigroup. Intuit is best known for its small-business accounting and DIY tax-filing software....
...Baker Tilly secured a $1bn investment led by H&F in February. Buyers are spotting an opportunity that has played out inside their own industry....
...Stephen Stanley, chief US economist at Santander, said that although January’s 353,000 jobs figure was “exaggerated by seasonality”, the data was “strong across the board”....
...Stephen Stanley, chief US economist at Santander, described the Fed’s statement as a “nice balance between getting rid of the hiking bias but adding that they are not close to easing yet”....
...Morgan Stanley’s global chair of real estate investment banking Guy Metcalfe has decided to retire after 33 years at the company, according to a memo seen by DD....
...Economists at Morgan Stanley also believe the Fed will start lowering rates then but only by 1 percentage point over the course of 2024....
...JPMorgan Chase yesterday agreed to pay up to $290mn to settle one of two bombshell lawsuits over its 15-year relationship with Jeffrey Epstein....
...Take a break from the news Thomas H Lee, the financier who led some of the private equity industry’s most successful deals during the 1980s and 1990s, has died at the age of 78....
...Either way, Morgan Stanley’s Zentner warned that the next couple of months would be tumultuous given the uncertainties clouding the outlook....
...In today’s newsletter The succession battle brewing at Morgan Stanley Swedish gaming group Embracer loses a critical deal The diplomat who scooped the Financial Times Morgan Stanley’s ‘three horsemen...
...Stanley recalls this as “a eureka moment”, but one about which Hausen himself was typically modest....
...“It could come down to what the PMIs are showing in August,” said Jens Eisenschmidt, chief Europe economist at Morgan Stanley. “If it stays at current levels then the ECB can raise rates once more....
...He could smell bullshit,” said John Mack, then head of Morgan Stanley’s fixed-income division....
...It also named mergers and acquisitions co-chair Steven Epstein as managing partner and litigation co-chair Scott Luftglass as vice-chair....
...H&M’s chief executive Helena Helmersson has quit after just over four years in the top job as the Swedish fast-fashion group struggles to improve profitability....
...Bao, a former Morgan Stanley and Credit Suisse banker, turned Renaissance into one of China’s most influential financial institutions. 4....
...Stephen Stanley, chief US economist at Santander, said “the new language reveals somewhat of a hiking bias”....
...Ten monumental volumes in its first iteration, the book was launched at a grand dinner with a speech from prime minister Stanley Baldwin broadcast live on the BBC....
...Strikes, seasonal factors and you guessed it, the weather, said Morgan Stanley....
...Smart reads The $158mn question Apollo founder Leon Black, one of the private equity industry’s best known names, is facing further scrutiny from the Senate Finance Committee over his ties to Jeffrey Epstein...
...The big banks — such as JPMorgan Chase, Morgan Stanley, Goldman Sachs, Bank of America, and Citigroup — are no longer Wall Street’s pre-eminent innovators and risk-takers. And that is by design....
...The move to eject Odey from his own fund came after Morgan Stanley, one of OAM’s prime brokers, moved to cut ties with the firm last week....
...Goldman Sachs and Morgan Stanley will deposit $2.5bn each, while five other banks will each deposit $1bn....
...Morgan Stanley and Goldman Sachs, which as investment banks have relatively small deposit bases, were among the last to join, but kicked in $2.5bn apiece to show support, two people said....
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