#morgan-stanley

#morgan-stanley

Odey Asset Management has revealed it is in active discussions with its broker partners, after fresh misconduct allegations against its founder prompted clients to review their relationship with the fund.It followed a report in the Financial Times (FT) together with Tortoise Media that included several allegations of sexual harassment or misconduct from women who either worked at the hedge fund or had social or professional dealings with its founder, Crispin Odey.

Sir Keir Starmer will invoke Tony Blair as he tells the super rich in Davos the UK is open for business on Thursday.The Labour leader and his shadow chancellor Rachel Reeves will point to the economic record of the last Labour government as they stress they want to attract more overseas business investment to Britain.

Retail media is surging.According to Insider, retail media ad spending is set to hit $45 billion this year and $61 billion by 2024.Morgan Stanley is forecasting $130 billion by 2025, while GroupM predicts retail media's total addressable market will hit $160 billion by 2027.But the enthusiasm swirling around the growth of retail media obscures the fact that Amazon is gobbling up an enormous portion of those ad dollars.

The prospect of a Google ad tech breakup went from purely hypothetical to rationally possible.On Tuesday, the antitrust division of the Department of Justice filed a lawsuit alleging that Google maintains a monopoly over the digital advertising market.Among other remedies, the suit seeks a forced spinoff or sale of certain pieces of Google's ad stack.

Women CEOs are becoming slightly less rare, but more women billionaires won't lead to greater equity for all.(L-R) Charles Scharf, CEO and President of Wells Fargo, Brian Thomas Moynihan, Chairman and CEO of Bank of America, Jamie Dimon, Chairman and CEO of JPMorgan Chase, Jane Fraser, CEO of Citigroup, William H. Rogers Jr., Chairman and CEO of Truist Financial Corporation, Andy Cecere, Chairman, President, and CEO of US Bancorp, and William Demchak, Chairman, President, and CEO, of The PNC Financial Services Group, are sworn in as they prepare to testify during a Senate Banking, Housing, and Urban Affairs Committee Hearing on the Annual Oversight of the Nation's Largest Banks, on Capitol Hill in Washington, DC, September 22, 2022.

A group of 11 U.S. banks has agreed to make $30 billion in deposits at First Republic Bank to avoid another regional bank failure.The rescue comes after Silvergate Bank, Silicon Valley Bank and Signature Bank collapsed amid a liquidity crisis caused by a deposit run."Today, 11 banks announced $30 billion in deposits into First Republic Bank.

First Republic Bank, the fourth-largest non-agency jumbo lender in America, is exploring strategic options, including a sale and a capital infusion, and is expected to attract interest from larger rivals, Bloomberg reported on Wednesday, citing anonymous sources with knowledge of the matter.No decision has been made, and the bank can remain independent, people who requested anonymity for discussing confidential information said.

Cenlar FSB, the second-largest mortgage servicer and largest sub-servicer in the U.S., appointed Michelle DeHart as the vice president of loan operations, escrow, the company announced on Tuesday."Having managed large-scale servicing operations, we will lean on Michelle's expertise and are confident that she will deliver the best possible solutions for Cenlar, our clients and their homeowners," Bill Moffett, Cenlar's senior vice president of loan operations, said.

It's been a mere four months since artificial intelligence company OpenAI unleashed ChatGPT and not to overstate its importance changed the world forever.In just 15 short weeks, it has sparked doomsday predictions in global job markets, disrupted education systems and drawn millions of users, from big banks to app developers.

Is a ChatGPT-style search engine a good idea?The stock market certainly seems to think so, with it erasing $100 billion from Google's market value after the company's poor showing at its recent AI search event.Actually turning a chatbot into a viable business is going to be a challenge, though.Besides that fact, Google has had a chat search interface for seven years now-the Google Assistant-and the world's biggest advertising company has been unable to monetize it.

Twitter's new owner and Tesla CEO Elon Musk sold nearly $4 billion worth of Tesla shares, according to regulatory filings.Musk, who bought Twitter for $44 billion, sold 19.5 million shares of the electric car company from Nov. 4 to Nov. 8, according to Tuesday's filings with the Securities and Exchange Commission.

Twitter's new owner Elon Musk has sold nearly four billion US dollars' worth (£3.43billion) of Tesla shares, according to regulatory filings in America.esla CEO Mr Musk, who bought Twitter for 44 billion dollars (£38 billion), sold 19.5 million shares in the electric car company from November 4 to November 8, according to Tuesday's filings with the US Securities and Exchange Commission.

The dynamic of workplace relationships changed drastically after the pandemic.Managing relationships without face-to-face interaction can be hard.With more of us working hybrid or strictly from home, BLACK ENTERPRISE used this year's Women of Power Summit to tackle the importance of "Mastering Relationships When You Work Remotely."

As pressures increase for remote workers to return to the office in 2023, more companies are assessing the ways in which their workforce will contribute going forward - with some adopting more hybrid approaches to location.Carmine Di Sibio, global chairman of consulting firm Ernst & Young, joined the growing list of experts saying workers need to return to the office at least part-time in the post-pandemic age, telling FOX Business' Maria Bartiromo on Wednesday that work-from-home employees should begin to trickle back into the office at least three to four times per week.

Remote jobs continue to account for a growing share of high-paying jobs, despite ongoing efforts by many businesses to lure employees back to the office.That's according to a new analysis by Ladders Inc., a jobs site focused on high-paying roles.Heading into 2022, Ladders projected remote roles would account for 25% of high-paying professional roles.

Liverpool owner John Henry says he is not selling the Premier League club, but does expect some investment.FSG chairman Tom Werner the club's owners were "exploring a sale" but could continue their "stewardship for quite a while"."Are we selling LFC? No," Henry told
"Are talking with investors about LFC? Yes.

Missing Chinese CEO Bao Fan is cooperating in an investigation by certain authorities in the People's Republic of China, his company said in a statement Sunday.China Renaissance Holdings Limited, of which Bao is the chairman and CEO, said the company has been trying to locate him and ascertain his status since the announcement he disappeared on February 16.

As traders, we should constantly look for new opportunities to increase profits.The most certain way to accomplish this is to eliminate our trading fees.However, it might be challenging to distinguish between those utilizing deception and those providing fee-free bitcoin purchases.Alex Reinhardt has good news for you if you are new to cryptocurrency and are wondering how to buy fee-less bitcoin.

Authorities in Chinese capital will no longer require negative COVID test to enter supermarkets, commercial buildings.China's capital Beijing is no longer requiring a negative COVID-19 test to enter supermarkets and commercial buildings, local authorities have said, in the latest loosening of the country's tough zero COVID strategy following rare protests.

Liverpool chairman Tom Werner has confirmed that Fenway Sports Group are looking to sell the club but says there's no urgency around concluding a negotiation.The news broke earlier this month, that the American group were open to further external investment or a full sale of the Premier League club and have hired investment companies Goldman Sachs and Morgan Stanley to conduct the sale of Liverpool, reported The Athletic.

A former Premier League star claimed footballing friends including Rio Ferdinand had invested in his foreign exchange trading scheme in a 15 million scam, a court has been told.Ex-Charlton Athletic defender Richard Rufus, 47, allegedly lost money hand over fist after promising investors returns of 60% a year.

Growing up, the actor and his parents constantly butted heads over their cultural and academic expectations.After graduating from business school, Simu became an accountant - which made his parents proud - but was laid off eight months later.He took the opportunity to pursue an acting career, and his relationship with his folks deteriorated.

MIAMI - Caroline O'Connor didn't know what her ceiling was when she entered the sports business world, simply because there were so few examples of women who traveled her path.Turns out, she had no limit.The Miami Marlins promoted O'Connor to president of business operations on Monday, making them the first U.S. major sports franchise to have women serving simultaneously as president and general manager.

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Mark OgdenSenior Writer, ESPN FC



Liverpool 's owners, the Boston-based Fenway Sports Group (FSG), are prepared to sell their controlling stake in the club, sources have told ESPN, 12 years after buying the six-time Champions League winners for just £300 million.As first reported by The Athletic, FSG have enlisted investment banks Goldman Sachs and Morgan Stanley to assist in the process of finding a potential buyer.