Hints and tips:
Related Special Reports
...At the same time, Biden has scaled up his fundraising efforts among Democrats on Wall Street to pay for his re-election campaign against Trump, in which he has a substantial financial advantage....
...The Trump Organization had approached 30 surety companies — including Allianz, Axa, Berkshire Hathaway, Chubb, Munich Re, Swiss Re and Zurich — via four separate brokers, to no avail, they added....
...“The James Gorman we’re seeing now is not the James Gorman from year one,” said one person who has known him for years. “James is an introvert who’s become very polished.”...
...Is that what we’re really seeing in these earnings results? Joshua FranklinYeah. For these big banks. I mean, net interest income is one of the most critical parts of their business....
...The quarter was the first under Pick, whose background in investment banking and trading contrasts with predecessor James Gorman’s years in wealth management....
...Morgan Stanley’s profits rose 14 per cent in the first quarter, boosted by its investment banking and trading business, while its juggernaut wealth management division took on billions of dollars more in...
...The procedure is slightly different in Florida, but there is nothing to stop James attempting to seize Mar-a-Lago or Trump properties in other states....
...“Where we stand today it’s clear that we’re in the early stages of reopening of the capital markets,” Solomon said....
...Joshua OliverYes. I don’t like it, but I do believe in it. I am long crypto money laundering. Robert ArmstrongYes. You’re gonna be a rich man, Josh. Tell me how you’re gonna do it....
...“Through this combination, we’re creating a company that is exceptionally well-positioned to create significant value for consumers, small businesses, merchants and shareholders as technology continues to...
...Goldman’s board said it was rewarding Solomon for paring back a lossmaking push into retail banking, re-emphasising the group’s strategy around its core investment banking and trading business and expanding...
...“We’re in a great place to acquire,” said Derwent chief executive Paul Williams. “I think we’re seeing the investment market stabilise. I think we’re near the end.”...
...Morgan Stanley paid James Gorman $37mn in 2023 for his final 12 months as chief executive of the Wall Street bank, a 17.5 per cent increase from the prior year despite the bank’s lower profits....
...In the end, it pulled in more....
...US lender Capital One is nearing a deal to buy rival Discover Financial, according to two people familiar with the matter, in a tie-up that would unite two of America’s largest credit card companies....
...Joshua Franklin They made almost $50bn in profits in 2023, which is more than they’ve ever made in their history....
...Growth in wealth management was a centrepiece of James Gorman’s tenure as chief executive, with the business growing to more than $5tn in assets, aided by the acquisitions of online trading platform ETrade...
...In November, Disney named two new directors — former Morgan Stanley chair and chief executive James Gorman and Sir Jeremy Darroch, the former group chief executive of British pay-TV and broadband company...
...In what would be an extraordinary confrontation in the midst of a US presidential campaign, James, a Democrat, has threatened to seize Trump’s assets if he does not comply by Monday, which would deal a blow...
...They’re not gonna give any more money, they’re not gonna put any more assets into that bank....
...But the board rewarded Solomon for paring back a lossmaking push into retail banking, re-emphasising Goldman’s strategy around its core investment banking and trading business and expanding in asset and...
...As James documented in her fraud lawsuit, the Trump Organization’s valuations for 40 Wall Street would escalate wildly in the ensuing years....
...In 2020 he told the Financial Times that litigation was inevitable in the real estate business, saying: “If you’re not being sued by people, you’re not doing enough work.”...
...In September, Discover agreed to improve its consumer compliance management system under a consent order from the FDIC....
International Edition