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...That party was contentious with Johnson’s supporters because of suggestions that Sir Bernard briefly attended....
...On that day there was a birthday party held for Baroness Jenkin, wife of senior Tory MP Sir Bernard Jenkin....
...Bernard Looney’s 32-year career at BP dried up in a matter of days after the board received details of new allegations about relationships with staff that he failed to disclose....
...Person to watch Bernard Arnault, the chief executive of LVMH, is the most influential figure in the industry for a reason....
...Morgan Stanley first-quarter profits rose 14 per cent to $4.3bn, thanks to strong performances in trading and wealth management....
...In 2015, Darling joined the board of Morgan Stanley, the US investment bank, and took up a seat in the House of Lords. He retired from the upper house in 2020....
...But for Michael Kushma, chief investment officer of broad markets fixed income at Morgan Stanley, “the Fed has switched its focus from inflation to growth”....
...Another of my collections is shoes, and at auction I bought the boots worn by the famous Barnum & Bailey circus performer, who was 25in high....
...I was not too surprised to read Kenza Bryan and Steven Bernard’s piece from Friday about scanty ice coverage over North America’s Great Lakes this winter....
...BAE Systems’ Charles Woodburn, and BP’s Bernard Looney were paid more than £10mn each, as was Albert Manifold, boss of CRH, which is moving its listing to the US....
...Less than four months ago, Hunt and Bank of England governor Andrew Bailey called for pay restraint at the City’s Mansion House dinner....
...In today’s newsletter: New blood at a $366bn family business Citi’s journey into the Chinese market Adrian Binks’s oily media empire LVMH’s boardroom, a family affair French billionaire Bernard Arnault...
...“I don’t think that any of them are ready to put up a banner that says ‘mission accomplished,’” says Seth Carpenter, who previously worked at the Treasury department and the Fed and now at Morgan Stanley...
...Freight rates have not yet risen enough to affect consumer prices but that could change, as Bank of England governor Andrew Bailey told MPs this week....
...The path of core inflation is, however, uncertain and other economists, such as Bruna Skarica, UK economist at Morgan Stanley, expect it to edge down to 6.1 per cent in April....
...Among them are the family holding company of LVMH CEO Bernard Arnault and Norway’s sovereign wealth fund....
...The lead banks on the deal — Goldman Sachs, JPMorgan and Morgan Stanley — must have suspected the deal could trade poorly in the after-market....
...“The bottom line is that the world has clearly changed since Bernard took over as CEO.”...
...Morgan Stanley profits dropped 9 per cent after a slump in investment banking; Goldman Sachs profits fell 36 per cent after it pulled back from retail banking and Bank of America profits climbed a better...
...But if this is to change we would expect some clearer signalling from Bailey....
...BoE governor Andrew Bailey is also in the spotlight over the central bank’s performance in controlling inflation....
...The hiatus hurts US M&A boutiques including Evercore, Lazard and Moelis more than bulge bracket houses such as Morgan Stanley and Goldman Sachs....
...Billions more to come, according to Morgan Stanley. Analysts there claim a supercomputer project at Tesla could add $10tn to the company’s total addressable market....
...I love the painting “Daughters” by the California-based contemporary Jamaican artist Bernard Stanley Hoyes....
...But its cashmere-clad billionaire founder Bernard Arnault is still on the hunt and private equity firms are also circling. Some brands have managed to stave off takeovers....
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