Hints and tips:
...Paul Hastings has hired Alexander Temel as global co-chair of the firm’s private equity practice. He previously worked for Sidley Austin....
...Citi’s chief financial officer Mark Mason personally spoke with Oyesanya to try to convince her to stay, according to a person familiar with the matter....
...JPMorgan’s chief executive Jamie Dimon said he disagreed with some of his top executives — finance chief Jeremy Barnum, and co-CEOs of consumer and community banking Jennifer Piepszak and Marianne Lake —...
...In the battle for Oyesanya, Citi’s chief financial officer Mark Mason personally spoke with her to try to convince her to stay, according to a person familiar with the matter....
...profitable growth, responsible capital return and an ambitious shareholder value creation plan”.The announcement represents a rare retreat for the activist investor while relieving pressure on Salesforce co-founder...
...Citi chief financial officer Mark Mason told analysts the bank is expecting rates to “flatten” after the second quarter and then trend down towards the end of 2023 to about 4.5 per cent....
...The San Francisco-based group has appointed Arnold Donald, former chief executive of cruise operator Carnival Corporation, Sachin Mehra, chief financial officer of Mastercard and Mason Morfit, chief executive...
...Salesforce co-founder and chief executive Marc Benioff said the company was moving quickly to “reassess” its strategy and focus on profits as it faces growing pressure from activist investors....
...However, the media-shy co-founder of Brevan Howard enjoyed a far better 2022, with his fund finishing the year up around 51 per cent....
...“Obviously, the Russia-Ukraine war drove significant volatility in [foreign exchange] markets,” Mason told reporters....
...Fidelity, Legg Mason and American Century have also launched active ETFs under the same structure....
...Mason Slaine, a Floridian tech investor who owns Tribune stock, told the Financial Times he has already voted against the Alden takeover, but with about 3 per cent of shares, he is not large enough to block...
...“Many of the institutions that I speak to are actively looking at the value of corporate clients . . . which ones from an overall perspective, [are] more or less profitable,” said Jai Sooklal, co-head of...
...“Even since we put pencils down . . . to close out the quarter, we see further improvement on GDP and unemployment outlook,” Mark Mason, Citi’s chief financial officer, told reporters....
...“We’ve had an extraordinary year,” said Citi’s chief financial officer Mark Mason. “The industry has seen a great deal of wallet growth in markets, and that’s got to normalise at some point.”...
...And Trian is essentially using the same playbook it did for Legg Mason, where Peltz played a key role in its deal with Franklin Templeton....
...Part of his role is to co-ordinate sales efforts between Martin Currie and Legg Mason in the UK and across Europe....
...Mark Mason, chief financial officer of Citigroup, said the additional provisions reflected preparation for a worst-case scenario, and that “it is more likely than not that we see reserve releases in 2021...
...Raising fares to cover higher costs per passenger would kill demand, said Ben Baldanza, an economist at George Mason University and the former chief executive of low-cost Spirit Airlines....
...“We are entering a different phase in investment-grade . . . and issuance is clearly slowing from the breakneck pace of April,” said Pete Mason, head of debt capital markets Emea at Barclays....
...future loan losses on a scenario that included the unemployment rate peaking in the “low- to mid-teens” in the second quarter and US gross domestic product falling sharply, said chief financial officer Mark Mason...
...While ValueAct is known for co-operative engagement with its portfolio companies, it often takes board seats and agitates for strategic and management changes....
...Pinsent Masons has hired Jonathan Kirsop as a partner in London. He joins from Stephenson Harwood....
...He was previously global co-head of DLA Piper’s investment funds practice....
...“It’s a very different environment then than we expected coming into the year,” Mr Mason said....
International Edition