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...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...This week SJP appointed Mark FitzPatrick, formerly at UK insurer Prudential, as its new chief executive....
...Carolyn Weinberg, global head of product for iShares and indexed investments at BlackRock, says ESG investing “has been a huge growth area”....
...Fintech fascination More stories from the industry that caught our eye this week Wise becomes UK’s largest-ever tech listing The fintech formerly known as TransferWise completed its long-awaited public...
...General Motors has dropped the firm as its PR adviser, the first of its clients to reveal it has cut ties in light of the incident....
...Job moves Jeremy Sinclair, David Kershaw and Bill Muirhead, three of M&C Saatchi’s founders who were known as the “three amigos” when they split from Saatchi & Saatchi in 1995, are handing over the reins...
...Peter Weinberg, head of Perella Weinberg Partners, said the firm had won new clients since the coronavirus outbreak without meeting clients in person — “but it’s hard”, he added....
...Over the past 48 hours, SoftBank has dumped its largest-ever purchase, Arm Holdings, the UK company formerly lauded by SoftBank chief Masayoshi Son as the linchpin of the Japanese group’s future when he...
...The 10 worst performers also included two UK-focused funds from JO Hambro Capital Management, and one fund each from Man Group and Ninety One, the investment house formerly known as Investec Asset Management...
...The indebted gym operator, known as Town Sports, warned late on Friday that it might not be in business in a year as it faces the threat of a surge of cancellations related to the coronavirus outbreak....
...General Motors, a company with net income of $8bn last year and nearly 20 times the number of vehicle sales as Tesla, is valued at almost half that....
...He arrived with a reputation for cost-cutting and restructuring in France, both at Michelin and then Renault, becoming known as “Le Cost Killer”....
...To reduce the number of parts needed to make a car, Mr Yu and his team turned to an AI technique known as generative design, which produces concepts that seem beyond the realm of human imagination....
...This was so popular with investors that it decided to include it across the bulk of its ETF arm, known as iShares, said Carolyn Weinberg, global head of iShares products....
...Known as the “consumer welfare” standard, the idea was misguided from the start but it has failed even on its own terms....
...Google Venture, now known as GV — the venture capital arm of Alphabet — was among Flatiron’s backers, as were Roche and First Round Capital....
...Big-name Silicon Valley investors are rushing into the market for ebike and escooter rentals, including Sequoia for Bird and GV, formerly known as Google Ventures, for Lime....
...Lyft is already teaming up with Waymo (formerly known as Google’s self-driving car unit), General Motors and Ford on various aspects of autonomous driving, as automakers look to tap into its network of passengers...
...The title was not claimed by a Porsche or a Lamborghini but by a little-known all-electric supercar, the Nio EP9....
...Newer boutique banks such as Perella Weinberg Partners, Centerview Partners, and Moelis & Co have also eclipsed Greenhill’s turnover. Greenhill shares hit an all-time low last June....
...Earlier on Wednesday, Waymo, the Alphabet unit formerly known as Google self-driving cars, said it was in talks with Honda about a new partnership, its second in the industry....
...Adjusted operating profits are 6 per cent higher at £1bn for RELX, the big data company formerly known as Reed Elsevier. It’s had a great run in recent years....
...Ms Swisher, who is known for her inside track on tech-industry dealmaking and guest appearances on HBO’s TV satire Silicon Valley, and Mr Mossberg, formerly a long-serving personal technology columnist at...
...Also remember that Tesla was helped out early on by taking over a factory formerly owned by General Motors and Toyota, and you wouldn’t have Elon Musk running the show....
...Partners are selected through a process known as “cross-ruffing”, a term borrowed from the card game bridge....
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