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...“Nobody could have seen exactly how big this would become,” said Marcus Wallenberg, who together with other family members is the public face of the Swedish dynasty....
...Wells Fargo has agreed to buy Neiman Marcus’s vacant space at 20 Hudson Yards for $550mn in a deal that confirms the changing fortunes of one of New York City’s largest property developments....
...Late last year, Goldman stopped making consumer loans through Marcus and scrapped plans for a checking account....
...“It feels like Barclays will try to grasp the nettle on costs in the UK, which is somewhat overdue,” Cant says....
...Met sorry for broken promise to Baroness Lawrence | The Met Police has apologised to Stephen Lawrence’s mother for breaking a promise to answer questions raised by a BBC investigation into his murder....
...With so many characters, the book could have done with a companion family tree similar to the one in Stephen Birmingham’s 1967 book “Our Crowd”: The Great Jewish Families of New York....
...A year ago, Blackstone’s Stephen Schwarzman even went on NBIM chief executive Nicolai Tangen’s podcast to talk about “what it takes”....
...Goldman earlier this year signalled its intention to pull back from lending to consumers by selling off $1bn of loans tied to its Marcus consumer bank....
...Talwar is the latest senior executive to leave Goldman, with Stephen Scherr, the bank’s chief financial officer, saying last week he would leave after 28 years....
...JPMorgan’s Chase UK is offering 2.7 per cent, while Goldman Sachs’s Marcus UK has 2.5 per cent for the first 12 months....
...It is Goldman’s second non-investment banking foray in the UK, following the launch of its retail bank, Marcus, in 2018....
...Farhi met the retailer and founder of French Connection, Stephen Marks with whom she had a daughter, then moved to London and worked on French Connection and her eponymous fashion label....
...Rooms for rent Real estate billionaire Stephen Ross’s Related Companies has struggled to fill units in its tower for New York’s elite....
...DeSantis is now out of the race anyway, and has endorsed Trump, while some of his major donors — such as Robert Bigelow and Bernie Marcus — have defected to the former president’s camp....
...Now Stephen, is there anything in the polls that you’ve seen that should give Rishi Sunak some hope? Stephen BushYeah....
...“Many schemes who were expecting to get to buyout funding [eligibility] in three, five or even 10 years are there now,” says Stephen Purves, head of risk settlement with XPS, the pensions consultancy....
...Crucially, Solomon will again have to address signs of unhappiness inside the bank, typified by a raft of senior departures including chief financial officer Stephen Scherr, co-head of investment banking...
...Miranda Green and Stephen Bush are here with me. Stephen, can I start with you? How would you assess Rishi Sunak’s first 100 days?...
...Follow Stephen on Twitter @stephenkb and please send gossip, thoughts and feedback to insidepolitics@ft.com....
...The issue was of particular significance to Goldman Sachs, which founded a new UK retail bank called Marcus in 2018 to help cheaply finance its London-based international investment banking operations....
...Its boss Peeyush Nahar must now reckon with an investigation by the US consumer finance regulator into how Marcus manages accounts in its credit card business....
...Goldman launched the consumer business in 2016 under Blankfein, naming it Marcus after the bank’s founder, Marcus Goldman. Marcus has cycled through a series of leaders....
...Stephen Paul and his wife Elaine were barbecuing in their backyard in Tucson, Arizona when they hit upon an idea for a smoky malt that was different....
...The issue is of particular significance to Goldman Sachs, which founded a new UK retail bank called Marcus in 2018 to help cheaply finance its London-based international investment banking operations....
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