Hints and tips:
...But banks led by JPMorgan Chase lobbied hard to underwrite a financing over the past four months....
...A perfume, inspired by the natural phenomenon known as a red rainstorm, has been created by Azzi Glasser. “We want to delight the senses,” Tholstrup says....
...Barclays plans to return $10bn to shareholders by 2026 — a bold target for the bank and Venkat, as he is better known, under whose leadership the stock price has declined by about a fifth....
...The 93-year-old investor, known as the “Oracle of Omaha”, and his anointed successor Greg Abel have been watching as billions of dollars of liabilities accumulate at Berkshire’s energy division....
...His real name is Hank Medina, a Miami native who climbed the ranks of banking by moving from CIT to Jefferies. After a brief stint on the buy side, he returned to banking at Deutsche Bank....
...Benko, 46, has long been known as a consummate networker, writes the FT’s Sam Jones....
..., television ratings provider Nielsen, auto parts maker Tenneco and social media company X, formerly known as Twitter....
...She then went further, saying the merger with PSA was actually “a takeover by the French and it is not by chance that a representative of the French government sits on Stellantis’ board and French interests...
...The government still holds a 38.7 per cent stake in the bank, formerly known as the Royal Bank of Scotland, after bailing it out during the financial crisis....
...best known for servicing loans banks don’t want....
...“As capable and technical as he is, the market will read it as a government attempt to push towards a lower interest rate direction.”...
...Bobby Jain, who was hired in 2016 as Englander’s first co-chief investment officer, was regarded by many, internally and externally, as the frontrunner (though an insider disputed this)....
...on her even more as his potential successor....
...Solomon is on a sprint to return the bank to the core business lines for which it is best known (and on which it has long profited): advising on mergers, underwriting initial public offerings and financing...
...Once-high flying institutions such as Credit Suisse, First Republic and Silicon Valley Bank crumbled and a drought of deals has caused mass investment banking lay-offs....
...HSBC, which acquired SVB’s UK commercial banking unit, has separately hired 40 US-based SVB commercial bankers, a move that has prompted a lawsuit from First Citizens Bank, the North Carolina institution...
...Since taking over he had sought to modernise the image of the institution formerly known as the “Queen’s bank”, including by improving its digital offerings and putting a greater focus on diversity....
...He is a joker who once invoked Harry Potter’s bank Gringotts on an analyst call to relieve his boredom and a disciplinarian known to lock colleagues out of meetings if they are late....
...In May, it added a disclaimer in 42-point text to its website’s homepage explaining that it has no relationship to Pacific Western bank, commonly known as PacWest, based in Beverly Hills, California, which...
...When Deutsche Bank won control of its local rival Postbank in 2010, it was hailed as a way to hedge against the boom and bust of Wall Street by nabbing a bigger slice of the German retail market....
...SVB was the latest acquisition by the small town lender founded in North Carolina in 1898 as the Bank of Smithfield, which was renamed First Citizens and has scooped more than a dozen failed lenders over...
...This was particularly pronounced at alcohol-fuelled off-sites, known by employees as “seminars”....
...Deutsche Bank has hired Credit Suisse’s Rumesh Rajendram as a managing director focused on consumer and retail, based in London....
...Both were seen as potential successors to Bob Iger during his first stint as CEO, sources told the FT....
...Carl Icahn, the billionaire known for his activist battles with corporate giants like Texaco, Dell and Apple, has lost money every year since 2014, mostly by building costly hedges against a fast-rising...
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