Hints and tips:
...“Ted is going to have to be Ted.” Additional reporting by Arash Massoudi in London...
...“Ted’s had 30 years at Morgan Stanley . . . and he never disappointed.”...
...Morgan Stanley chief executive James Gorman remembers being instantly impressed by Ted Pick the first time he saw him almost 20 years ago....
...A chart accompanying an article on November 3 showing Japanese net private purchases of foreign bonds over 10 years was erroneous....
...That same year, JPMorgan Chase granted its chief executive Jamie Dimon a “special award” of 1.5mn share options that were at the time projected to be worth $49.5mn after 10 years....
...He officially stepped down as Morgan Stanley chief executive at the start of the year and was replaced by Ted Pick, though he remains executive chair of the bank’s board of directors....
...John Kerry, the US climate envoy, says that carbon credit purchases, linked to cuts in the carbon dioxide emitted by burning fossil fuels and deforestation, could create “the largest marketplace...
...Ted Pick lowers the bar As James Gorman prepared to hand over the reins at Morgan Stanley to Ted Pick this year, the FT looked at whether the Australian banker had “top-ticked” his succession....
...For the first time since taking the helm of JPMorgan Chase in 2006, Dimon will begin unloading his $1.2bn of stock next year....
...JPMorgan itself has previously trumpeted the fact that Dimon had “not sold a single share of JPMorgan Chase common stock”....
...On Tuesday, Morgan Stanley chief executive Ted Pick joined other bank executives touting the revival of the bread-and-butter transactions, saying dealmaking was an “existential reality” for companies....
...This bucked a broader trend at rivals such as Goldman Sachs and JPMorgan Chase, which either reported slight increases or only modest declines....
...The vast majority of this is invested in short-term Treasury and agency securities, investments in the Fed’s reverse repurchase agreement RRP facility, and to a lesser extent in commercial paper...
...Goldman, Bank of America, JPMorgan Chase, Morgan Stanley, Citi and UBS are on the deal....
...JPMorgan Chase last week reported that investment banking fees fell 6 per cent, while Citigroup suffered a 31 per cent drop in fees....
...Going for Ted Pick, that’s probably the more complex business,” said Chris Kotowski, an equity analyst at Oppenheimer....
...Jones Day has hired Ted Powers as a private equity partner in New York. He joins from Pillsbury Winthrop Shaw Pittman....
...One big job move to start: Morgan Stanley has named Ted Pick as its new chief executive, replacing James Gorman who will bow out from the role after leading the Wall Street bank for nearly 14 years and transforming...
...Smart reads Tough act to follow Morgan Stanley’s soon-to-be chief Ted Pick faces a challenge most Wall Street CEOs would envy, the FT’s Brooke Masters writes: keeping up the winning streak....
...The smaller pay package means longtime JPMorgan Chase CEO Jamie Dimon out-earned Gorman for the first time since 2019....
...In investment banking, Morgan Stanley has struggled to break JPMorgan Chase and Goldman’s stranglehold as the top fee-earning firms....
...As the Australian-born banker prepares to step down after 13 years at the helm, the Wall Street lender’s co-presidents Ted Pick and Andy Saperstein and head of investment management Dan Simkowitz are all...
...Job moves JPMorgan Chase has named Rob Cascarino to co-head of its corporates and private side marketing within its financial sponsors team....
...In a memo to staff on Monday, which was seen by the Financial Times, Morgan Stanley co-president Ted Pick said the changes would “marry the partnership culture of the last decade with a pivot to long-term...
...His comments are in contrast to remarks made last year by Jamie Dimon, the long-serving chief executive of rival JPMorgan Chase, who said he planned to stay at the bank “till the day I die”....
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