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Plus, Apollo boss Marc Rowan signals the end of an era for private equity
*if you ignore the UK
Some insiders fear it could take years to replace top-tier bankers
Exit comes as David Solomon tries to diversify away from trading and dealmaking
But they aren’t great for borrowers
Prime brokerage a rare bright spot in a tough year for banks’ markets and deals businesses
Plus, does private credit lower systemic risk?
The more employers step into the area of supporting mental health, the more they open themselves up to claims that they are falling short
Past performance IS indicative of future returns, actually
Executives pay steep price to unwind overexpansion during Covid-19 pandemic
At some point, leadership will have to decide if the bank makes another big strategic bet
Wall Street bank suffers from dearth of deals as testing quarter is marred by several charges
Plus, the ‘Czech Sphinx’ nears victory at Casino and Sony agrees to a truce in the battle over ‘Call of Duty’
Analysts offer wide range of predictions on how much US bank lagged behind its peers last quarter
Limited stock selection gives savers few good choices
But they aren’t going to tank it either
American firms are spending, and Goldman likes it
Here’s what a 6% interest rate might mean for British households
Boardroom appointment marks return to a bank markedly different from the one he left
Proposed appointment would add risk management expertise as investment bank reports lower profits
Goldman Sachs and others seek clarity over planned Shanghai listing of agricultural chemicals group Syngenta
Bank bosses predict activity will recover after fallow period prompted big job cuts
If a Chinese property market falls in the forest, could it not make too much of a noise?
Jump in delinquencies as rival banks warn of growing commercial real estate losses
Which stocks should you be buying for the year 2075? All of them, of course!
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