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Search resuls for: "Mark Mills"


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Citi's wealth unit has seen at least 11 senior execs exit since Merrill Lynch veteran Sieg joined in September. The latest departure is David Bailin, chief investment officer for the global wealth division, who announced his departure on Monday. Sieg's mandate is to turn around the wealth business, which was barely profitable this past quarter. Sieg also plans to expand Citi's already successful wealth business in Asia. At least two other senior Asia executives have left.
Persons: Andy Sieg, Merrill Lynch, Sieg, David Bailin, Bailin, Fraser, Andy, Mark Mason, Shyam Sambamurthy, Merril Lynch, Don Plaus, Hale Behzadi, Citi David, Eduardo Martinez Campos, Keith Lee Hong, Fernando Lopez Munoz, Luigi Pigorni, Jeff Sutton, Eduardo, Seamus Yin, Hayley Cuccinello Organizations: Citi, Business, Bankers, Citi Wealth, Citi Global Wealth, North America, Eduardo Martinez Campos Head, Mark, Mark Mills Regional, Fernando Lopez Munoz Head, Jeff Sutton Global, Eduardo Ventura, West Locations: Asia, Hong Kong, Singapore, Keith Lee Hong Kong, Mark Mills, Shyam Sambamurthy South Asia, America, West China, hcuccinello@businessinsider.com
‘They’re Coming for Your Cars’
  + stars: | 2023-07-13 | by ( James Freeman | ) www.wsj.com   time to read: 1 min
President Joe Biden gets into his SUV while leaving the beach near his home in Rehoboth Beach, Delaware on Saturday. Photo: saul loeb/Agence France-Presse/Getty Images“The Impossible Dream” is the title of a new report on electric vehicles from the Manhattan Institute’s Mark Mills. After reading the particulars one wonders whether that title is too optimistic. One issue that probably hasn’t received enough attention is that even if politicians can manage to force all of humanity out of cars with internal combustion engines, it will still be extremely hard to meet political emissions targets unless the surviving electric vehicles are small and scarce. What also may not be appreciated given all the alleged innovation surrounding EVs is that production of the minerals needed to make them may become less environmentally friendly, not more.
Persons: Joe Biden, saul loeb, Mark Mills Organizations: Agence France, Manhattan Locations: Rehoboth Beach , Delaware
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