Mib: Steve Case On Aol, Startups & Venture - The Big Picture
This week, we speak with Steve Case, co-founder of America On-Line (AOL), founder of investment firm Revolution, Chair of the Smithsonian, and author of The Rise of the Rest: How Entrepreneurs in Surprising Places are Building the New American Dream. We discuss how he launched America Online in 1985 back when the internet was restricted…
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Warren Buffett's Granddaughter-in-law Lili Joins Jpmorgan Wealth | Wealth Management
JPMorgan plays to hire about 1,300 advisors in its wealth management division in the next three years. : (Bloomberg) -- Lili Buffett, the granddaughter-in-law of Warren Buffett, is one of JPMorgan Chase & Co.'s newest employees. She started at the biggest US bank on Monday, according to a post on her Instagram account. She will be a part of the firm's US wealth-management unit, according to a person familiar with the matter, who requested anonymity as the details aren't public. A JPMorgan representative declined to comment. Lili Buffett didn't immediately reply to requests for comment.
Strategists Throw In The Towel On A Year-end Stocks Rally In Europe
Forecasts for the Stoxx 600 Index have fallen by about 5% in the past month, according to the average of 16 estimates in a Bloomberg survey. Strategists now see the benchmark ending the year at 427 points, implying gains of less than 5% from Wednesday close. Using the median view of 418, the potential upside is even smaller. Strategists' dimming outlook comes at a tough time for a region that's grappling with soaring inflation, a hawkish central bank, an energy crisis and recession fears.
Credit Suisse Shares Hit Record Low Amid Fears Of A Capital Raise
Credit Suisse shares tumbled to a record low on Friday, taking their decline this year to more than 50 per cent, following a report that the embattled bank was sounding out investors for a new capital raise. Investors were responding to an article published by Reuters on Thursday afternoon that said the bank had been contacting investors to gauge interest in a fresh capital raise and that it was considering pulling its investment bank out of the US. Credit Suisse did not comment on the capital raise, but denied it was planning to exit the US market.
Credit Suisse Needs The Deal Of The Decade
The bank's deal-makers can prove their worth by finding a creative way to avoid raising capital with a rock-bottom stock price.
Urban Infill Injects Modern Touches In Enclaves Of Historic Charm
Urban infill developments provide new housing stock greatly needed in long-mature enclaves, and in the process often replace decaying eyesores long past their prime.
Funds Flock To Southeast Asian Startups As China Loses Sheen - Cna
A man passes the city skyline during the COVID-19 outbreak, in Singapore on Sep 29, 2021. (Photo: Reuters/Edgar Su) SINGAPORE: Southeast Asian startups are enjoying a boom in fundraising exercises by venture and buyout funds that are chasing bigger returns and turning away from regulatory turmoil in Chinese markets, even at the risk of slower growth. Firms such as Insignia Ventures Partners and SoftBank-backed East Ventures are among those that have raised a combined total of billions for startups over the past year as the region's 650 million people take to digital platforms.
The Crypto Winter's Latest Casualty Is Data Center Firm Compute North
(Bloomberg) -- Compute North Holdings Inc., which provides data center services for cryptocurrency miners and blockchain companies, filed for bankruptcy in Texas on Thursday. Based in Eden Prairie, Minnesota, Compute North said it owed as much as $500 million to at least 200 creditors. The company's assets are worth between $100 million and $500 million, according to its Chapter 11 petition. Chapter 11 filings allow a company to keep operating while it develops a plan to repay creditors.
Tutors International Introduce Their Industry Expert Guest Speakers Prior To Their Appearance At The 2022 New York Prestel And Partner Family Office Forum
CEO, Education Consultant and Founder of Tutors International, Adam Caller, and his colleagues will speak at the 2022 Prestel and Partner Family Office Forum in New York on 11th October. Here, we take a look into their background in the private tuition sector. OXFORD, England, Sept. 23,...
Factset Research Systems Inc. (fds) Q4 2022 Earnings Call Transcript
FactSet Research Systems Inc. (NYSE:FDS) Q4 2022 Earnings Conference Call September 22, 2022 11:00 AM ET Good day and thank you for standing by. Welcome to FactSet Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Thank you, and good morning, everyone. Welcome to FactSet's fourth fiscal quarter 2022 earnings call.