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UBS is planning to pick off disgruntled dealmakers from investment banking boutiques, as the Swiss lender looks to bolster its capabilities in mergers and acquisitions while competitors lay off staff. The bank has not hired as aggressively as Wall Street rivals in recent years, but it is preparing to lure strong candidates with attractive packages,
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America had Ryan Gosling in The Big Short, breaking down the 2008 financial crisis from the Wall Street office of Deutsche Bank. Britain has Rory Kinnear singing karaoke Whitesnake in the Duck and Drake, Burnley. The movie is Bank of Dave, an assertively genial comedy based on the true story of Dave Fishwick. He was,
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A new Eden Project for the north of England is among more than 100 schemes to have won government funding from the delayed £2.1bn second phase of the levelling-up fund. The planned eco-attraction in Morecambe, on the Lancashire coast, will receive £50mn for local capital projects, as part of the Conservative party’s “levelling-up” policy, an
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Children like facts. That is a fact. I’ve long realised that if mine tell me something about animals, however weird it is, they will usually be correct. When my seven-year old daughter told me the World Cup final lasted as long as a sperm whale could hold its breath, I didn’t argue (although I googled
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China’s tech stocks have staged a $700bn rally as the country reopens and a regulatory clampdown on the sector loosens, drawing the attention of international asset managers who fled the market in recent years. Hong Kong’s Hang Seng Tech index, which is stacked with Chinese companies, has soared almost 60 per cent from its lows
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Twice a year, in winter and summer, menswear nerds turn their hungry eyes to Florence, for Pitti Uomo. It is nominally a trade show, but what really matters is not what goes on at shows or in the exhibition halls, but what attendees wear on the street. I should note, in order to make my
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US Treasury secretary Janet Yellen will meet Chinese vice-premier Liu He in Zurich this week, in a move that signals Washington and Beijing’s commitment to improving ties between the two nations despite simmering tensions over trade and Taiwan. The US Treasury said that Yellen would meet Liu, China’s top economic official, in Switzerland on Wednesday
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It was easy to lose money in stocks in 2022. Even the most sophisticated investment managers found it hard to dodge the double-digit falls in most major equity markets. Contestants in FT Money’s stockpicking contest suffered the same fate. Only a quarter of nearly 1,200 readers and journalists who joined the annual battle of financial
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Type any sentence, such as “Ginger cat looking wistfully over a view of Istanbul from the top of a minaret while the sun sets, anime style” into a website or app, and you’ll get an uncanny visual approximation created entirely by AI — in less than a minute, with no input from humans. Will AI-generated art
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