Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
In energy matters, the government appears enslaved by ‘first world’ norms and standards
The accused were arrested as part of a Hawks operation to nab alleged instigators who incited public violence during looting and destruction in 2021
Nedbank failed to comply with certain provisions the Financial Intelligence Centre Act
Mudiwa Gavaza is joined by Larry Masson, a financial adviser and franchise principal at Consult by Momentum.
Parent company London-listed Pearson Plc said the disposal was part of a strategic review.
US attorney-general Merrick Garland has asked a judge to unseal the search warrant for Trump’s home
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
Rushdie’s condition is not immediately known
So, you want to be an investment banker? Sitting on yachts in European harbours watching the common folk go about their ordinary holidays? Want to fly first-class? A gorgeous wife, and your kids at the best schools? Want your bonus to look like a small city budget?
Yep, the money to be made can be mouthwatering. But there’s a price to pay behind closed doors where no-one can watch you debase yourself. You have to kiss serious ass. You bow and scrape and beg and plead. Please sir, give me your business; please sir, I’ve got this idea for your already glorious company, won’t you have a look at it? Journalists don’t make the investment banking money, but no-one tells us what to do. Well, mostly.
I am reminded what a dreadful business investment banking is by a leaked letter in circulation. It is from Martin Kingston, the impeccably-connected CEO of Rothschild in SA, to the current (but not for much longer, some say) CEO of Eskom, Phakamani Hadebe.
The letter is being hawked around by I...
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