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...“But if my doing it publicly in any way is distracting to Goldman Sachs, my number one focus is Goldman Sachs.”...
...Unlike rivals Savills and Knight Frank, which operate as a single firm, Sotheby’s Real Estate runs on a franchise system....
...Selling Mayfair: The new owner of the Sotheby’s London real estate franchise aims to disrupt the business of selling multimillion-pound homes in the city....
...Strategic Sports Group, which is led by Henry’s Fenway Sports Group, is set to inject up to $3bn in the tour’s commercial business....
...The move by the US rating agency highlights the unease of many foreign companies doing business in the world’s second-largest economy. 3....
...Worse, in response to a question at his post-summit press conference, Biden referred to Xi as a “dictator”....
...S&P 500 hit an all-time high on Friday but, as my colleagues Nicholas Megaw and Kate Duguid have pointed out, stocks limped to the summit....
...One big scoop as the FT Banking Summit kicks off: Barclays is exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul designed to boost profits and cut £1bn of...
...It follows a period in which the firm built up a significant business auditing Chinese real estate groups: PwC has also acted for others that have struggled, such as Country Garden, Sunac, R&F Properties...
...BPY has $18bn of secured debt maturing next year: “We’re having no problems doing refinancings”, Flatt said....
...Instead of dining with Biden on Wednesday evening Xi will attend a dinner in San Francisco with American business leaders, as part of the Chinese effort to reduce concern in the US about investing in the...
...As a result, we expect the opportunity set in real estate-related credit to remain outsized relative to real estate equity over the investing cycle....
...It’s a nuanced change to the naked eye, but younger outfits such as London’s Guts Gallery talk of “championing instead of representing”, marking the shift in business models for the next generation of gallerists...
...EU leaders wrap up their two-day Brussels summit today. 2....
...More China business news: Chinese equities staged a rebound today as state funds vowed to step up share purchases, spurring investor hopes that Beijing might be ready to offer more support to put a floor...
...The Big Read Industry figures say Kirkland & Ellis’s approach to business is more akin to a hedge fund or an investment bank than a law firm....
...Rohitesh Dhawan, chief executive of the International Council on Mining and Metals, told the FT’s Mining Summit in October that the sector had treated nature as its “garbage bin” in the past....
...Other global banks have reported sharp falls in the profits of their Chinese investment banking entities and are becoming more cautious about doing business in the country....
...Asked by a reporter how the summit at the historic estate of Filoli had gone, Biden smiled, gave a double thumbs up, and shot back “Well!”...
...Unique, prestigious real estate, unlike equities, will never fall to zero value,” a person involved said....
...This helps explain why the People’s Bank of China, faced with a massive real estate bust, has only gradually cut rates, which remain well above 0 per cent....
...At a South Carolina polling station in February, Jennifer Koerner, a 51-year-old real estate agent, had just cast her vote for Trump as the Republican nominee for president....
...Chairwoman Le Thi Thu Thuy shared her reasons for optimism at the Nikkei and Financial Times’ Asia Green Tech Summit....
...outlook related to commercial real estate valuations”....
...estate....
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