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☆ This Morgan Stanley veteran is ready to be CEO — it just might be somewhere else
▼ + stars: | 2023-10-17 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +16 min

Morgan Stanley CEO James Gorman plans to retire by May 2024. "Cross-pollinating key leaders across our major businesses further knits the Morgan Stanley culture," Gorman wrote in a memo at the time. Morgan Stanley, which was the lead underwriter, had to step in to prop up the stock. In 2010, Morgan Stanley was picked as one of two lead underwriters — the other being JPMorgan — for the IPO of General Motors. With Morgan Stanley at the top of its game, breaking up this well-oiled team could be disastrous.

Persons: Morgan Stanley, James Gorman, Ted Pick, Andy Saperstein, Dan Simkowitz, He's, Simkowitz, Eaton Vance, Pick, Morgan, Getty, Dan, doesn't, Gorman, Morgan Stanley's, Saperstein, executive's protégé, Andy, Alex, Brown, Ted, she'd, Simkowitz's, Dean Witter Reynolds, Eaton, Calvert, Ruth Porat, Bob Scully, Fannie Mae, Freddie Mac, Will Dotson, Dan Akerson, TIMOTHY A, CLARY, Erik Gordon, Dodd, Frank, David Bieri, Gonzalo Marroquin, Patrick McMullan, Paul Taubman, Colm Kelleher, coheads, John Mack, Phil Purcell, Hayley Cuccinello Organizations: Disney, Harvard, McKinsey, Columbia Business School, Maccabiah Games, Team USA, Maccabi USA, Trenton Almgren, Davis, Lucent, Verizon, Mesa West Capital, JPMorgan, Calvert Research, Management, Facebook, Massachusetts Securities Division, Treasury, JPMorgan —, General Motors, Government Motors, General, New York Stock Exchange, Getty, University of Michigan's Ross School of Business, Citigroup, Virginia Tech, US Securities and Exchange Commission, United States Attorney's Office, Southern, of Locations: Bloomington , Indiana, Trenton, New York, Tokyo and Hong Kong, Boston, Washington, Switzerland, of New York, hcuccinello@insider.com

☆ Nitin Sawhney unites different voices in new album celebrating identity
▼ + stars: | 2023-10-11 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +2 min

[1/3] Musician, producer and composer Nitin Sawhney poses for a photo in this undated handout picture obtained by Reuters on October 11, 2023. Warner Music/Ray Burmiston/Handout via REUTERS Acquire Licensing RightsLONDON, Oct 11 (Reuters) - Nitin Sawhney celebrates identity in his new album, bringing together different voices from singers Joss Stone and Guy Garvey to Asian women asylum seekers and television host Gary Lineker. "I thought ... here's a safe space that you could actually express whatever you want to and he did," Sawhney said. The result is track "Illegal", which also features the voices of Asian women asylum seekers and concludes with Lineker saying "No one is illegal". Sawhney, whose previous album was called "Immigrants", is known for playing different instruments and working in various genres.

Persons: Nitin Sawhney, Ray Burmiston, Joss Stone, Guy Garvey, Gary Lineker, Paul McCartney, Sting, Sawhney, it's, Lineker, Ayanna Witter, Johnson, Marie, Louise Gumuchian, Christina Fincher Organizations: Reuters, Warner Music, REUTERS Acquire, BBC, Premier League, Thomson Locations: Handout, British, Britain, Caribbean

☆ Morgan Stanley CEO James Gorman plans to step down after years of making the bank the envy of Wall Street. Here's a look at his legacy.
▼ + stars: | 2023-05-19 | by ( Rebecca Ungarino | Alex Morrell | Dakin Campbell | ) www.businessinsider.com time to read: +11 min

Morgan Stanley CEO James Gorman said he will step down in the next 12 months. Morgan Stanley CEO James Gorman was giddy. Seeking stabilityTo understand where Morgan Stanley is now, you need to return to the peak of the financial crisis. It didn't take long before Morgan Stanley began utilizing its new license to acquire clients' deposits, reducing its reliance on wholesale funding. Mack, who helped design the 1997 Morgan Stanley and Dean Witter merger, had been pushed out by Purcell in 2001.

☆ Goldman’s Marcus is a lesson in self-made failure
▼ + stars: | 2023-02-02 | by ( John Foley | ) www.reuters.com time to read: +7 min

Being a consumer bank was a good idea when Goldman’s leaders cooked it up eight years ago. Fast forward to 2023, and consumer banking is still highly lucrative. The practice of working through the night is common in the investment banking division Solomon once headed but rare in consumer banking. For example, Goldman’s engineers had to fight to host consumer banking systems on the cloud rather than on the bank’s own servers. That year, nobody from the consumer bank was promoted to the firm’s prestigious partner level.

☆ 18 movies with valuable entrepreneurial lessons: From 'Startup.com' to 'Becoming Warren Buffett'
▼ + stars: | 2023-01-17 | by ( Vikas Jha | ) www.businessinsider.com time to read: +21 min

Takeaway: This movie shows the effect money, greed and power can have on relationships. "The Social Network" (2010)"The Social Network" shows us that business success requires more than just a great idea. "Becoming Warren Buffett" (2017)In this documentary, Warren Buffett reveals his day-to-day, and his two most important investing rules. Takeaway: This movie shows how two young men were pitted against each other, striving to grow in a cut-throat business. I've found myself feeling motivated after watching a great film with lessons I can transpose to my entrepreneurial journey.

☆ Chemical plant fire and possibility of explosions prompt evacuations in Georgia
▼ + stars: | 2022-11-07 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

SAVANNAH, Ga. — A large fire burned Monday inside a chemical plant on the coast of Georgia, where authorities ordered about 100 nearby homes to evacuate because of threats from toxic smoke and potential explosions. As a precaution, local emergency officials ordered neighborhoods within a 1-mile (1.6 kilomter) radius of the plant to evacuate. Wayne Neal, chairman of Glynn County’s elected Board of Commissioners, estimated roughly 100 households had been told to evacuate. “We will evacuate more than we need to evacuate,” Prosswimmer told a news conference. The Georgia plant manufactures fragrance ingredients used in perfumes, detergents and household cleaners, said Smyrise spokesperson Christina Witter.

☆ The Family Office Investor: Witter Family Office CIO Sherry Witter
▼ + stars: | 2022-07-11 | by ( Robert Frank | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Family Office Investor: Witter Family Office bets big on crypto, 'still believes' in blockchainCNBC's Robert Frank sits down for an interview with Witter Family Office co-founder and CIO Sherry Witter to discuss her beginnings and why she is betting big on crypto and 'still believes' in blockchain technology.

Persons: blockchain CNBC's Robert Frank, Sherry Witter Organizations: Witter Family Office

☆ Witter Family Office bets big on crypto, 'still believes' in blockchain technology
▼ + stars: | 2022-07-11 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Sherry Pryor Witter, CEO of the Witter Family Office, said crypto and blockchain accounted for about 40% of the office's assets at their peak. "I think this is a great time to get into the better projects of crypto," said Witter, who started buying crypto tokens in 2018. A recent survey of family offices in a BNY Mellon Wealth Management and Harris poll found that 77% of family offices were exploring or investing in crypto. Family innovation Witter said innovation has always been at the heart of the Witter family. Witter admits, however, that her broader strategy of becoming a "crypto and blockchain" family office has had to shift.

Persons: Witter, Sherry Pryor Witter, Harris, Dean Witter, Dean, Michael D, Dean Witter's, Eddie Lampert, Michael, I'm Organizations: Witter Family Office, Witter Family, Mellon Wealth Management, Dean Witter & Co, Flare Network Locations: Wall, U.S, Flushing

☆ Pericolul dispariției Moldovei. Op-Ed de Victor Pelin
▼ + stars: | 2021-06-18 | by ( ) www.ipn.md time to read: +14 min

Op-Ed de Victor Pelin„De această dată este vorba despre pericolul dispariției Moldovei din zona de influență a Rusiei. Acești lideri au fost cândva principalii promotori ai integrării europene a Republicii Moldova, dar și-au schimbat poziția de trei ori...”Vreme trece, vreme vine... În astfel de circumstanțe, este evident c ă intervievatul prezintă pericolele la adresa Republicii Moldova prin prisma intereselor rusești. Din cele afirmate de candidatul BECS putem desprinde că acesta confundă pericolul la adresa bunăstării liderilor BECS cu pericolul la adresa Republicii Moldova. Elitele rusești au dat dreptul de retransmitere în Moldova a principalilor posturi TV lui Plahotniuc, iar actualmente rețelei sorosiata.

Persons: Moldovei, Victor Pelin, ., Recent, Zinaida Greceanîi, Igor Dodon, Vladimir Voronin, Maia Sandu, Sandu, intervievatul, Konrad Adenauer, Plahotniuc, Vlad Filat, coreean Kim Jong, Dodon, Putin Organizations: Partidului Popular Creștin Democrat, PPCD, Uniunea Europeană, Izborsk, Partidului Popular European, Fundația Soros, Soros, CS, Uniunii Economice, Securitate, Sputnik Locations: Moldovei, Rusiei, Republicii Moldova, Republica Moldova, Moldova, Rusia, Transnistria, SUA, prezidențială, UE, Occident, Norilsk, Vladivostok, Moscova, Ucraina, sorosiata, CSI, Belarus, Kazahstan, Armenia, rusesc, coreean

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