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Co-CEO of the recently merged Janus Henderson says that while having two heads at the top makes sense now, it won’t in the long term

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The 46-year-old Australian, who took on the job as Henderson Group chief executive in 2008, has just spent seven months overseeing a tie-up with Janus Capital Group to create a $330bn global active fund house.

An audience with Andrew Formica: The deal of his life

David Ricketts

Janus Capital Group

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Hedge fund Discovery Capital extends year-to-date returns to almost 18%

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Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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The bank’s quarterly net result declined but revenue rose 13% compared with a year ago, and it reaffirmed its capital returns plans.

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A weekly call turned into a celebration of heroes as staffers comfort one another through lingering trauma.

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Big stock awards have grown much bigger for the chief executives of Palantir and Broadcom, driven by dramatic market gains and, in some cases, complex multipliers.

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The U.K. Supreme Court said a commission from a bank to a car dealer isn’t considered a bribe and dealers don’t violate rules by not disclosing this commission to customers.

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Gold futures rose as the speculation around an interest rate cut in September intensifies. Gold settled 0.8% higher, up for a second consecutive session.

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The hedge-fund founder’s move ends a tumultuous transition at the firm. Also, Brunei’s sovereign-wealth fund now owns almost 20% of the hedge fund.

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire

The largest U.S. crypto exchange’s revenue fell short of Wall Street expectations.

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The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

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Microsoft joined Nvidia in the $4 trillion market-cap club, while Meta is closing in on the $2 trillion mark.

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Big Tech’s $400 Billion AI Spending Spree Just Got Wall Street’s Blessing

The New York investment firm posted a profit of $472.4 million, compared with $667.9 million a year earlier.

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America’s most powerful banker and the president have met twice in the past two months to talk about the economy, interest rates and trade.

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Trump and Dimon Are Talking Again After Yearslong Rift

The London-based bank said it is well on its way to achieving the target of returning at least $8 billion to shareholders over the three years ending in 2026.

Standard Chartered Quarterly Profit Jumps, Announces $1.3 Billion Buyback

Britain’s Lottie Woad became one of the top players in the world by demolishing professionals while she was still an amateur. Now, she’s ready to start winning majors.

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Individual investors are trading with abandon, driving up prices of everything from stocks to crypto—and turbocharging the brokerage business.

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Robinhood Second-Quarter Revenue Rose on Transaction Sales Growth

Work-to-party founder Adam Neumann liked to say he ran a tech company. WeWork’s new, postbankruptcy marketing chief is tasked with positioning the brand as an old-fashioned office space provider.

WeWork Wants You to Know It’s a Grown-Up Real-Estate Firm Now

Companies have long leaned on entry-level workers to do grunt work that doubles as on-the-job training. Now ChatGPT and other bots can do many of those chores.

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AI Is Wrecking an Already Fragile Job Market for College Graduates

The shooter who killed four including Blackstone executive and NYPD officer left suicide note indicating he believed he had CTE from brain trauma, Adams says

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Gunman Was Targeting NFL in Midtown Office Shooting Spree

U.S. stock futures and European indexes gained, while the dollar strengthened against the euro, after President Trump announced the trade agreement Sunday.

Global Markets Rise After U.S. and EU Reach Deal

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