Hints and tips:
Showing results for Warren Lemont Pearson v. Bank of America
...America’s most famous investor, Warren Buffett, was circumspect of the US Spac boom, rightly suggesting back in 2021 that the incentive structure encouraged bad bets....
...As always you can reach me at sid.v@ft.com. Thanks for reading....
...Russia’s Sputnik V coronavirus vaccine has an efficacy rate of 97.6 per cent, its developers said, based on data from almost 4m people....
...The EU financial services commissioner is due to meet Bank of England governor Andrew Bailey on Monday....
...Separately, Warren Buffett’s Berkshire Hathaway spent $800m this week increasing its stake in Bank of America....
...in Latin America....
...What’s more, several large shareholders in Barclays are unhappy that Bramson has funded the majority of his stake with a $1.4bn loan from rival Bank of America....
...NYSE v Nasdaq: may the best board win Next to the Red Sox and the Yankees, Nasdaq and NYSE have one of the most longstanding bitter rivalries in America....
...Warren and Frank A. Pearson, takes US and British inflation back to the American Revolution, showing routine spikes surrounding major wars....
...(FT) Warren v Wall Street? Elizabeth Warren is one of the country’s most prominent critics of Wall Street firms and big banks....
...Lucidity voted for Alice Schroeder’s The Snowball: Warren Buffett and the Business of Life, a “warts and all account of a great investor, business value and human nature. Timeless in my opinion....
...The company’s leadership is already a trifecta of Americans — Schwimmer, chief financial officer David Warren and chairman Don Robert....
...(FT) Europe v US One of the most brutal trading quarters in memory has sparked another round of soul-searching at Europe’s few remaining investment banks. Is it time to wield the axe again?...
...(FT) Banking beats the blues Strong consumer banking revenue at Bank of America soothed fears of an imminent recession after the US bank reported its quarterly earnings....
...Bank of America Merrill Lynch estimates that of $1.2tn parked overseas, perhaps half of the post-tax total, or about $450bn, could be devoted to share buybacks....
...A trio of vice-chairmen — Richard Gold, René Jones and Kevin Pearson — remains in charge of day-to-day operations, the bank said....
...Warren Estey will leave his role as co-head of US equity capital markets to become the bank’s head of Americas natural resources....
...Four board members were saved only thanks to Warren Buffett’s intervention....
...Mr Fishbein is recognised in this year’s report for his representation of Todd Newman in the landmark US v Newman case, which clarified the definition of insider trading....
...How else to explain data showing the top five US banks earned a third of all investment banking fees this year, almost double the five top-ranked European banks?...
...But it is also a desire to own a slice of America’s best-known brands that has taken the 75-year-old financier away from Latin America....
...The constitution of the, er, newspaper, will be changed to limit the voting power of any investor to 20 per cent. Last month Pearson agreed to sell the Financial Times to Nikkei of Japan....
...At Heinz, which 3G and Berkshire Hathaway acquired for $27bn in 2013, the strategy has resulted in thousands of job cuts, and the closure of five plants in North America....
...“This is a 200m-person market with vast natural resources,” says Jean-Marc Etlin, chief executive of Itaú BBA Investment Bank. “[It] seems to generate interest regardless of political issues.”...
...Virgin Money’s float should fly (disclosure: the bank is to be chaired by Glen Moreno, who chairs FT owner Pearson, by mid-2015.) The brand is strong and challenger banks are in vogue....
International Edition