Hints and tips:
...Gilmore “has a fine reputation”, said Richard Ennis, founder of Ennis Knupp & Associates, a consultancy that works with public pension plans, adding that his “first challenge” would be to generate the excess...
...“We need more granularity,” said Gerard Cassidy, a bank analyst at RBC Capital Markets....
...Investors are “still not all in on the banks”, said RBC banking analyst Gerard Cassidy. “It’s because of the scar tissue that’s still around from March of last year.”...
...“Bank reserves are adequate right now because we are nowhere near the stress levels of back then,” said Gerard Cassidy, a bank analyst at RBC Capital Markets....
...Phantom memorabilia is hugely popular: Gerard Butler’s mask in the film adaptation sold at specialist entertainment auction house Propstore in 2022 for £3,750, well over a top estimate of £800....
...“Public pension funds have for many years poured money into private equity on the premise that it was high-return and low-risk while illiquidity was deemed not to be an issue,” said Richard Ennis, co-founder...
...Gerard Cassidy, head of US bank equity strategy at RBC Capital Markets, said banks may be nervous that deals on offer now could suffer the same fate....
...Gerard Cassidy, banking analyst at RBC, said the loan losses reflected a return to normality after the pandemic, during which banks “became accustomed to very strong quality”....
...“This is odd,” said Gerard Cassidy, a banking analyst at RBC Capital Markets. “It’s not normal.” The Fed released the results of its annual bank stress tests last week....
...Solomon “has to show over the next 12 months that he can lead this company to higher profitability,” said Gerard Cassidy, an analyst at RBC....
...“We think the big banks will be just fine this year,” said Gerard Cassidy, a bank analyst at RBC Securities. “It’s a headwind for sure.”...
...One of them was a young and ambitious investment banker called Stephen Schwarzman, who had been made a partner at Lehman Brothers that same month....
...They prefer denim shorts as they’re “very robust . . . and they don’t show dirt,” Stephen says. “They’re practical, not fashionable.”...
...Stephen Millard: Growth in 2024 will be anaemic at best....
...“This approach was not sought by us but it is a highly complementary combination,” said Micro Focus chief executive Stephen Murdoch, adding that there is little product overlap between the two companies....
...Stephen Machin: Doubtful....
...Although Goldman has long boasted of its deep bench, it has been hit by several significant departures — including senior bankers Gregg Lemkau, Stephen Scherr and Eric Lane....
...The challenge for Goldman is it “doesn’t receive the valuation benefit of the gains that are generated from the portfolio”, said Gerard Cassidy, an analyst at RBC Capital Markets....
...Dechert and Gerard deny the claims....
...Gerard Lyons: The Bank of England still has many policy options....
...Stephen O’Sullivan Paris, France...
...Gerard Lyons: The Bank of England has badly misjudged the persistence of inflation in the UK....
...Gerard Harvey’s sudden — and at the time unannounced — resignation as chief executive was also entangled in the affair....
...Additional reporting by Philip Stafford and Stephen Morris in London...
...“The original vision for Libra was one with wild crypto dreams of private money, free of regulation,” said David Gerard, a historian of digital currencies and author of Attack of the 50-foot Blockchain....
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