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...A 30-year veteran of PwC’s consulting business, his clients include private equity firms such as Blackstone and his CV boasts work on more than 250 transactions as he rose through the ranks of the firm’s...
...Spending on the failed split is reflected in operating expenses in the EY global accounts, which rose to $6.3bn in the 2023 fiscal year from $5.3bn....
...BofA’s provision for bad loans rose 40 per cent to $1.3bn, up more significantly than rivals. Read more here....
...BofA’s investment banking revenues rose 35 per cent from a year earlier, generating $1.6bn in fees, or $300mn more than expected....
...The number of US banks at risk of failing rose 18 per cent in the final three months of 2023, to 52, according to data from a federal banking regulator....
...Revenues from operations rose 3 per cent in the quarter to $21bn, again better than analysts had expected....
...Stephen Schwarzman’s income from Blackstone Group fell below $1bn in 2023, a decline of more than 30 per cent from the previous year, as a slowdown in dealmaking made it harder for the world’s largest private...
...He rose quickly, becoming the chief executive and chair of AmEx in 1977 when he was just 41....
...Cohen, 46, who joined Goldman as an analyst in 1999, rose rapidly through the ranks of the investment bank and became a partner in 2014....
...The company’s shares rose 5 per cent in early New York trading, but remain about 17 per cent lower than before the accounting investigation was announced....
...Imperial College Business School in the UK rose one place to second, with its alumni earning the highest average salary of $218,315....
...The bank’s profits in Asia, its biggest market, rose 18 per cent year on year in the fourth quarter to $928mn....
...Lloyds Bank said the number of so-called advance-fee scams reported by their clients rose 19 per cent last year, after climbing 83 per cent in 2022....
...The bank’s total bonus pool rose 12 per cent to $3.8bn....
...Pay for Morgan Stanley’s top executive James Gorman, rose nearly 18 per cent to $37mn, while JPMorgan Chase upped its chief executive Jamie Dimon’s pay by 4 per cent to $36mn....
...Mastercard reported on Wednesday that its sales and earnings rose 13 per cent and 11 per cent respectively in the fourth quarter in another sign of continued health for the economy....
...The bank rose to fame in 1815 when Nathan Mayer Rothschild made a fortune buying British government bonds in anticipation of Napoleon’s defeat at Waterloo....
Households took on subsidised mortgages and deals with groups leaving the country rose, according to central bank
...Stephen Bird was brimming with ideas when he became Abrdn chief executive in September 2020....
...A case in point: Moore Global, a global network of more than 200 mid-size accounting firms with annual revenue that rose 15 per cent last year to $4.5bn, said more than half its revenue growth in 2023 came...
...Shares in Barclays rose 7 per cent to 159p, although they are still down by around a fifth since Venkat took over....
...(The state pension rose 10 per cent last year and will rise 8.5 per cent in April.) “The government, especially in the last five years perhaps, needs to understand what it has in the BBC....
...The shares rose 5.6 per cent on Friday, but are still 28 per cent below their level before the news came out....
...Its shares rose on Thursday after its new management team told analysts it would diversify away from loans to apartment buildings, many of which are subject to New York’s strict laws on rent control and...
...BofA’s provision for bad loans in the bank’s consumer business rose 40 per cent from a year ago to $1.4bn....
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