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...up Milan in favour of a single listing on the New York Stock Exchange....
...It became the go-to bank for the country’s growing middle class, before expanding in Europe and opening its first New York branch in 1940....
...The New York-hedge fund announced on Thursday its intention to nominate two board members at the company’s annual shareholder meeting next year — Peltz himself and Jay Rasulo, a former Disney executive....
...Rumours of her plans for the paper have been flying accordingly, New York Magazine writes....
...Princeton University has named Vincent Tuohey, an investment director at the Massachusetts Institute of Technology, as its new endowment head....
...360 Madison in New York....
...“If we did a merger it would be to add new skills and new areas,” one board member said. “Size in this business is important.”...
...As a New York Times headline on the deal said: “Reaping the big profits from a fat cat”....
..., The New York Times writes....
...investment officer of Citadel....
...And finally A retrospective of painter Alex Katz at the Guggenheim, New York focuses on the muse who brought his work into focus....
...The 73-year-old, who until last month was one of three co-chief investment officers at the firm and sat on its investment committee, has transferred all of his voting rights to the board of directors, said...
...Gold grew up in Hewlett, New York, one of the tony, largely Jewish areas in Long Island known as the Five Towns....
...Insurance cut....
...Meanwhile across the Atlantic, some nasty currents are swirling in the $23.5tn world of American government bonds, writes my colleague Gillian Tett in New York....
...In a report released on Monday, the Federal Reserve Board, Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency flagged mounting vulnerabilities across a number of sectors...
...UniCredit chief financial officer Mirko Bianchi, London School of Economics professor Keyu Jin and former Wells Fargo chief risk officer Amanda Norton will occupy the new seats....
...Murdoch, writes Harrison Stetler for the New York Times....
...With Axel Lehmann, we have a new chairman who knows about risk management. He was chief risk officer of Drake Insurance, and then he led UBS....
...Job moves Jacqueline Hunt, a member of Allianz’s board of management in charge of Allianz Global Investors, Pimco and the group’s US life insurance business, is in talks about an early departure, two people...
...All three new companies would have investment-grade credit ratings, the group said....
...As the 2008 financial crisis exposed the financial risks that GE took on with its high credit rating, a black hole of insurance and financial-related losses continues to plague the conglomerate....
...Jamie Smyth in New York 12....
...AIP has no staff outside of New York, but four of its executives — Dino Cusumano, Danny Davis, Zac Carson and Max Holmes — turned up in northern France last week to tell 100 workers at Gupta’s Dunkirk aluminium...
...That trend has accelerated during the pandemic, as revenue-strapped states such as New York look for new streams for taxation....
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