Morning Coffee: Morgan Stanley bonuses disappoint as Goldman and JPMorgan prepare to announce. Ex-Credit Suisse banker owes fortuitous exit to wife
It's a big week for bonuses.
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Australian shares are set to open modestly higher. The dollar shed more than 1pc. Dow pares losses late; US 10-year yield rises to 4.06pc.
Some $106bn in assets under management and a sale at $12.5bn. The two dizzying figures show the scale of the deal made by Nigerian financier Adebayo Ogunlesi.…
BlackRock's deputy head of Apac steps up, as predecessor Rachel Lord becomes head of international. The investment firm has also made its largest M&A deal in over a decade to significantly expand its infrastructure assets, including in Apac.
Adebayo Ogunlesi was the most talked about African businessman last week. Dangote refinery started operations and Lyca Mobile shut down in South Africa.