Category Archives: pdlhrv

Goldman Sachs just named the smallest, most diverse class of partners since its IPO

first_imgGoldman Sachs just named its smallest and most diverse class of partners since its 1999 initial public offering.The firm on Thursday named 60 employees to the coveted rank of partner, the highest title at the New York-based bank and a nod to its history as a private partnership.- Advertisement – – Advertisement – Goldman is alone among big banks in naming partners. The title comes with perks: Partners earn a $950,000 base salary and gain access to lucrative internal investment funds.Here are the Goldman employees who become partners on January 1, 2021:Zachary Ablon, Global Markets, New York- Advertisement – Anne-Victoire Auriault, Global Markets, New YorkJose Barreto, Investment Banking, LondonJohn Brennan, Investment Banking, LondonRichard Chambers, Global Markets, New YorkTravis Chmelka, Global Markets, New YorkWilliam Connolly, Investment Banking, San FranciscoYasmine Coupal, Investment Banking, San FranciscoAdam Crook, Global Markets, LondonSimon Dangoor, Asset Management, LondonRajashree Datta, Risk, New YorkDarren Dixon, Global Markets, New YorkLisa Donnelly, Operations, LondonDavid Dubner, Investment Banking, New YorkJane Dunlevie, Investment Banking, San FranciscoOrla Dunne, Engineering, LondonIlya Gaysinskiy, Engineering, Jersey CityWendy Gorman, Risk, New YorkJett Greenberg, Global Markets, New YorkPhillip Han, Global Markets, New YorkMichael Hui, Asset Management, Hong KongRajiv Kamilla, Global Markets, New YorkDavid Kamo, Investment Banking, New YorkNimesh Khiroya, Investment Banking, LondonJerry Lee, Investment Banking, New YorkChristina Ma, Global Markets, Hong KongHillel Moerman, Asset Management, New YorkAimee Mungovan, Investment Banking, New YorkKaushik Murali, Global Markets, New YorkSara Naison-Tarajano, Consumer & Wealth Management, New YorkMike Nickols, Investment Banking, New YorkRyan Nolan, Investment Banking, San FranciscoBartosz Ostenda, Investment Banking, San FranciscoDavid Plutzer, Legal, New YorkNick Pomponi, Investment Banking, New YorkNicole Pullen Ross, Consumer & Wealth Management, New YorkMuhammad Qubbaj, Global Markets, New YorkMax Ramirez, Asset Management, LondonNeema Raphael, Engineering, New YorkRiccardo Riboldi, Global Markets, LondonOsmin Rivera, Global Markets, New YorkBrian Robinson, Global Markets, New YorkCosmo Roe, Investment Banking, New YorkJennifer Roth, Global Markets, New YorkJonathan Rousse, Global Markets, New YorkYassaman Salas, Investment Banking, New YorkGunjan Samtani, Engineering, BengaluruMichael Schlee, Compliance, New YorkLeonard Seevers, Asset Management, New YorkAles Sladic, Global Markets, Hong KongMiruna Stratan, Investment Banking, New YorkMichael Ungari, Asset Management, New YorkNicholas van den Arend, Investment Banking, LondonAlex von Moll, Global Markets, LondonHeather von Zuben, Asset Management, New YorkMonali Vora, Asset Management, New YorkMichael Voris, Investment Banking, New YorkDavid Wade, Global Markets, LondonKarl Wianecki, Asset Management, Jersey CityMark Wilson, Global Markets, London Since taking over in 2018, CEO David Solomon has pushed to make the partnership a more exclusive club, elevating fewer employees and hastening the departure of some partners. The bank named 69 partners in 2018 and 84 in 2016; it has a total of between 400 and 450 partners.While nearly half, or 47%, of this year’s group was categorized as diverse, a high water mark for the firm, most of those named partner are men. The bank said that 27% of new partners are women, 7% are Black, 5% are Latinx and 17% Asian.The incoming class and the overall partnership are also far less diverse than the targets the bank has set for its junior employees, where half of all new analysts and entry-level associates hired in the U.S. are supposed to be women, 11% black, and 14% Latinx.- Advertisement –last_img read more

Google to invest over $10 billion in 2020 on US data centers, offices

first_imgLast year, the company said it would spend over $13 billion on data centers and offices in the United States in 2019.The tech giant’s total costs and expenses surged about 19 percent at $36.81 billion for the recently reported fourth quarter ended Dec. 31.Topics : Alphabet Inc’s Google said on Wednesday it would invest more than US$10 billion in offices and data centers across the United States this year.The company added that the new investments will focus on 11 states including Massachusetts, New York and Ohio.”These investments will create thousands of jobs – including roles within Google, construction jobs in data centers and renewable energy facilities, and opportunities in local businesses in surrounding towns and communities,” Chief Executive Officer Sundar Pichai said in a blog post.last_img

F1 champion Hamilton to enter team in Extreme E electric series

first_imgSix times Formula One champion Lewis Hamilton, an outspoken campaigner for the environment and sustainability, is entering his own team in a new Extreme E electric off-road series highlighting climate change.The first race is scheduled for early 2021 and Hamilton’s team will be X44, referring to the Mercedes driver’s racing number.The Briton, who will not be driving or involved in day-to-day operations, is the biggest name to link up with a series that includes the US-based Andretti United and Chip Ganassi Racing teams. Topics : Extreme E races, held without spectators but to be broadcast live on TV and social media, will be held in some of the most remote and harsh environments including the Brazilian rain forest, Greenland, Saudi Arabian deserts and mountains of Nepal.The locations are either already damaged or severely under threat from a range of issues such as rising sea levels or deforestation.Teams will race identical SUVs with each one having a male and female driver.The series will also use a former mail ship as a floating paddock and transporter between locations and for oceanographic research.”Like us, Lewis is hugely passionate about motorsport, but also shares our belief that we can use sport to highlight subjects which are vital to the world, such as climate change and equality,” said series founder Alejandro Agag.center_img “Extreme E is an exciting new sustainability initiative, and this is a great opportunity to be involved from the outset as a team founder,” Hamilton said in a statement.”Of course, my ambitions and commitments with Mercedes in Formula One mean that I won’t be operationally involved in X44, but I’m excited to play a different role in this new series, one that brings my vision for a more sustainable and equal world to life.”Hamilton, a vegan, said last year he was trying to reduce his carbon footprint — selling his private jet and banning single-use plastic from home and office among other measures.He also said then that he had no interest in switching to the all-electric Formula E series.last_img read more

Let the sea breezes in and soak up Manly lifestyle

first_imgThe home at 182 Melville Tce, Manly.The updated kitchen has a white and grey colour scheme, breakfast bar and open above bench shelving.There is also a little laundry tucked away off the dining area.The master bedroom has a sizeable walk-in robe and the bathroom includes a vanity, toilet and shower over bath. The home at 182 Melville Tce, Manly.THIS character cottage is beautifully presented and on the market in Manly.Owner Dieter Stahmer bought the property at 182 Melville Tce a couple of years ago and has since freshened it up inside and out, while maintaining character features such as the timber floorboards and VJ walls.“The home has been modernised and updated,” he said.“It’s had a fresh coat of paint, new airconditioners and the yard has been tidied up.” The home at 182 Melville Tce, Manly.The home is on a fenced 458sq m block with single carport, deck and low maintenance yard.Marketing agent Simon Gregg, of Century 21 Adams and Costello, said the property was a golden opportunity.“It’s zoned LMR2 and, subject to council approval, would be an ideal project,” he said.“You could raise the house to capture bay views and create genuine dual occupancy or perhaps a home-based business.”The property is being marketed by Simon Gregg, of Century 21 Adams & Costello, and will be open for inspection on October 28 at 10-10.30am.center_img The home at 182 Melville Tce, Manly.Mr Stahmer said the best part of the home was the location.“It’s a lifestyle location,” he said.“It’s just around the corner from Manly Village, the cafes and the waterfront markets.“There’s also a nice, big deck at the back and sea breezes that go right through the place.”More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020At the front of the house there is a cosy veranda leads through to the big loungeroom.Further into the home there is an open-plan kitchen and dining area that opens through french doors to the rear deck.last_img read more

KLM schemes diversify into residential mortgages

first_imgThe three largest pension funds of KLM began investing in residential mortgages last year in order to diversify, as well as extend the maturity of fixed income holdings. Each of the schemes – for cockpit, cabin and ground staff – allocated approximately 7.5% of their fixed income portfolio to mortgages, their respective annual reports revealed.Earlier, the €7.3bn pension fund for ground staff (the Algemeen Pensioenfonds KLM) said that it expected “above average returns against a low risk”.Whereas many other schemes are divesting their private equity holdings, the three large KLM schemes said they also continued to build their portfolios, which amounted to €29m, €11m and €34m respectively at year-end. The ground staff scheme reported an annual result of 14%, whereas the €7.8bn pension fund for pilots (‘Vliegend Personeel’) concluded 2014 with an overall result of 10.9%.The €2.6bn scheme for cabin staff (‘Cabinepersoneel’) posted a 17.3% profit, and said that 6.4 percentage points were thanks to the interest hedge on its liabilities.All schemes reported an under-performance of up to 1 percentage point, which they largely attributed to their tactical choice to invest in US high yield and emerging markets debt at the expense of euro-denominated government bonds.With returns of more than 15%, property was the best performing asset class of the KLM schemes. They cited low finance costs as a consequence of the low interest level.Their fixed income holdings generated between 9.4% and 12.6%, while their equity portfolios delivered results varying from 10.6% to 11.8%.The KLM schemes have outsourced both their pensions provision and their asset management to Blue Sky Group.The pension funds for cockpit, cabin and ground staff said they incurred administration costs of €504, €267 and €189 per participant respectively, while their asset management costs totalled 0.68%, 0.67% and 0.61% respectively.They added that they would start mapping out the rising costs of external supervision, which they can’t control.The Pensioenfonds Vliegend Personeel KLM granted all of its 5,275 participants a 1% indexation, whereas the Pensioenfonds KLM Cabinepersoneel gave its active participants 0.11% and its pensioners and deferred members 0.68%.The Algemeen Pensioenfonds KLM only granted its deferred members and pensioners an inflation compensation of 0.4%.At June-end, the (official) policy funding of the KLM schemes stood at 127.7%, 114.2% and 115.2% respectively.last_img read more

CNN executive apologizes to Kenya over ‘hotbed of terror’ comment

first_imgKenyans were not amused by CNN’s labeling and immediately took to social media to hurl insults and sarcastic humor at CNN under the hashtag #SomeoneTellCNN Kenyans were not amused by CNN’s labeling and immediately took to social media to hurl insults and sarcastic humor at CNN under the hashtag #SomeoneTellCNNU.S. news network, CNN, expressed deep regret on Thursday after portraying Kenya as a “hotbed of terror” ahead of President Barack Obama’s visit to Nairobi in July.CNN’s Global Managing Director, Tony Maddox, flew to Nairobi to personally deliver the apology to President Uhuru Kenyatta, admitting that the description of Kenya as a “hotbed of terror” was both ill fitting and undeserved.“It wasn’t a deliberate attempt to portray Kenya negatively; it is regrettable and we shouldn’t have done it,” Maddox said according to a statement issued in Nairobi after the meeting.“There is a world at a war with extremists; we know what a hotbed of terror looks like, and Kenya isn’t one,” the CNN chief added.“We acknowledge there is a widespread feeling that the report annoyed many, which is why we pulled down the report as soon as we noticed,” said Maddox who oversees CNN’s global editorial policy, and manages CNN news content globally, in his apology.The CNN reported on July 23 that President Obama was not just heading to his father’s ancestral land but to a “hotbed of terror”, sparking furious reactions from Kenyans on social media.Kenyan officials said the CNN headline, “Security fears as Obama heads to terror hotbed”, sought to discredit the status of Kenya as a secure nation.Last month’s report came in the wake of a similar gaffe by CNN before the Kenyan general election of 2013, which also sparked a campaign across Kenyan social media.On Thursday, Kenyatta expressed his deep disappointment at the story not only on behalf of the government, but also because it angered the people of Kenya.The president reiterated that the war on terror was a global threat, not exclusive to Kenya, and that Kenya’s troops and people have made great sacrifices and still do, to keep Kenya and the region safe.He added that CNN’s misrepresentation of Kenya was unfortunate and ill timed, since it came at a critical moment in Kenya’s history.“In one stroke, CNN’s description of Kenya as a ‘hotbed of terror’ undermined the sacrifices made by our Kenyan troops, and the value of hundreds of lives lost, and relegated them to nothing,” Kenyatta said.“That’s why Kenyans, as expressed by those on Twitter, were so angry. Kenya is nothing like the countries that have real war. There was no reason to portray Kenya in that way,” he added.Related Iran Denies Kenya Terror Links Kenya suspends CNN deal after ‘Hotbed of Terror’ slurcenter_img Revisiting Kenya’s Latest Terror Attacklast_img read more

Beware of complacency, Adepoju warns Eagles ahead of W/Cup qualifiers

first_imgThe three-time African champions were paired alongside Cape Verde, Central African Republic and Liberia during the draw ceremony that took place in the Egyptian capital, Cairo on Tuesday night.The former Nigerian international took to the social media moments later to react to the draw.“A favourable draw for the @NGSuperEagles. Read Also: Amokachi reacts to Nigeria’s 2022 W/Cup qualifying group“No room for complacency, because qualifying for the FIFA World Cup is our birthright,” the ex-Real Sociedad midfielder tweeted on Tuesday evening.Interestingly, only one team will advance to the next round of the qualifiers from the group, with Nigeria due to kick-off their 2022 World Cup qualifying campaign against Cape Verde.FacebookTwitterWhatsAppEmail分享 Ex-Super Eagles midfielder Mutiu Adepoju insists Nigeria remain  the favourite to qualify for the next round of the Qatar 2022 World Cup qualifiers from Group C.Advertisement Loading… Promoted ContentWorld’s Most Beautiful Ceilings That Will Take Your Breath AwayWhich Country Is The Most Romantic In The World?6 Ridiculous Health Myths That Are Actually TrueWho’s The Best Car Manufacturer Of All Time?Best & Worst Celebrity Endorsed Games Ever MadeEver Wonder What Keanu Reeves Spends His Paychecks On?10 Risky Jobs Some Women DoShocking Robots That Exist And Function Very Similar To HumansThe Highest Paid Football Players In The World7 Truly Incredible Facts About Black HolesThe Highest Paid Football Players In The WorldWhat Happens To Your Brain When You Play Too Much Video Games?last_img read more

Cindy L. Gilbreath, 72, Brookville

first_imgCindy Lou Gilbreath, age 72, of Cedar Grove, Indiana died Tuesday August 11, 2020 at Columbus Transitional Care in Columbus, Indiana.Born October 14, 1947 in Cincinnati, Ohio she was the daughter of the late Louis & Geneva (Zwick) Isaack.  On March 22, 1974 she was united in marriage to Edward Alan Gilbreath, and he preceded her in death on July 11, 2015.Cindy was retired having worked as a clerk with the Internal Revenue Service in Cincinnati, Ohio.  In her leisure time she enjoyed gardening.Survivors include four children, Kara Ann (Chad) Morton of Greenwood, Indiana, Leah (Brandon) Weaver of Yorkville, Illinois, Kelsey Gilbreath of Cincinnati, Ohio, and Benjamin (Kat) Gilbreath of Beijing, China; four grandchildren, Emerson Morton, Adelyn Morton, Sullivan Morton, Edward Gordon Gilbreath; as well as a brother & sister-in-law, Keith & Janet Isaack of Cincinnati, Ohio.In light of the current pandemic, a private visitation and funeral will be held for the immediate family with burial in Springfield Cemetery in Bath, Indiana.Memorial Contributions may directed to the Tri State Parkinson Support and Wellness.  The staff of Phillips & Meyers Funeral Home are honored to once again serve the Gilbreath family, to sign the online guest book or send personal condolences to the family please visit www.phillipsandmeyers.com .last_img read more

Ivanovic: Pressure is on City

first_imgBranislav Ivanovic believes Chelsea are ready and capable of stopping the Manchester City juggernaut as they prepare to travel to the Etihad Stadium in the Premier League and FA Cup. Oscar’s delightful free-kick earned a 1-0 win over Stoke on Sunday to set up an FA Cup fifth-round tie with City, Chelsea manager Jose Mourinho’s favourites for the Premier League title. Mourinho thinks City, who are in contention for an unprecedented quadruple, have it all to lose after their investments in recent seasons. But his Chelsea side are in a position to pressurise City, who put their 100 per cent Premier League home record on the line against Chelsea on February 3, after a seventh straight win saw them advance in the FA Cup. Ivanovic agrees with his manager that City, and not Chelsea, are the ones under pressure. “Manchester City are playing great football, especially at home,” Ivanovic said. “They must feel pressure. When you know a big game is coming up and you know you’re playing at home and must win, it’s a different kind of feeling and preparation for the game. We must use that (against them). “It’s going to be a big challenge for us, but we know what we have to do to stop them. It’s important we play as a team, to be on top of our game and show more than we do normally to be successful. “We stay in touch. We know how hard these games will be and how important they will be psychologically. We must be ready for that. “These are the games for big guys, big players.” Right-back Ivanovic is one of Chelsea’s leading performers and Nemanja Matic showed enough on his full debut after re-signing from Benfica to demonstrate he has the potential to be a key cog in Mourinho’s team for years to come. Asked about fellow Serb Matic, Ivanovic said: “He can be a very important player for us. “He has signed a five-year deal so his future is here, step by step, he will be one of the most important (players). “He has improved massively from the last time he was here. It’s great. “He is the one who is leading the game, he asks for the ball and looks to go forward. Defensively he has improved a lot too. “He was my best mate the last time he was here, he is like my brother. We do a lot of things together. It’s nice to have him here and it’s much easier for me as well.” Ivanovic bade farewell to another friend last week when Juan Mata left for Manchester United. “It was very sad and emotional for us because he was one of the loveliest guys in the squad,” Ivanovic said. “(But) this was the best thing for all sides. We will see in the future how important it was for us. “I think Chelsea did a great deal and let a player who is not playing at the moment leave for another club. Manchester United is important for him as a player.” Stoke’s attentions now turn to the Premier League, where they face Sunderland on Wednesday. The Potters are four points clear of the relegation zone entering the midweek fixtures following a five-match winless run in the Premier League which goalkeeper Asmir Begovic hopes will come to an end at the Stadium of Light. Begovic told Stoke Player: “We’re disappointed we’re out of the FA Cup. We’re going to shake it off pretty quickly. “I believe in the quality of the team. As long as we stick together and keep believing in what we’re trying to do, I think we’ll be fine.” Begovic made a number of fine saves against Chelsea on his return from a broken finger. He added: “The finger’s great. It doesn’t cause me any problems whatsoever. It was great to be back in action.” Press Associationlast_img read more

Allardyce: Tomkins will carry on

first_img But it will not stop him featuring against Southampton due to West Ham’s ongoing defensive injury situation as, with b oth James Collins and Winston Reid missing with hamstring problems, Allardyce expects Tomkins to once again partner stand-in Cheikhou Kouyate at St Mary’s. “He broke his nose but it’s not serious enough to keep him out,” Allardyce said. “From a challenge point of view I thought it was pretty naughty. He (Van Persie) had a look to see where the defender was and then took him out basically. “The assistant referee gave a foul but he didn’t think it was more serious. Tomkins should be fit to play tomorrow night which is the most important thing for us.” Tomkins said after the game against United that it was an innocent challenge from substitute Fellaini which actually did the damage to his nose – although he also questioned Van Persie’s motives. “The nose is a bit swollen,” he told national newspapers. “Fellaini was the second time in the match when I broke it. He has always got that about him when he goes up with his hands a lot,” Tomkins said. “It is tough to say he does it deliberately, but with the Van Persie one, I think he had a look at me first and then he has gone for me. I think that was more malicious than the other one, even though I came out worse the second time.” Press Association Neither Collins nor Reid will be fit in time for the trip to the south coast, with Kouyate stepping in well against United, scoring the opening goal and showing he is more than an able deputy. But Allardyce may be able to welcome back club-record signing Andy Carroll – even though that news has been tainted by a potential foot injury to captain Kevin Nolan. With a number of key players still absent, Allardyce is pleased with the momentum garnered from the draw with Van Gaal’s side a nd he stood by the long-ball claims he made in the post-match press conference following Daley Blind’s last-gasp leveller for the visitors. Allardyce said: “The media love a bit of a tale, something to write about. It (United’s long-ball tactic) was a fact and everyone loves facts. “On Sunday it was Man United playing direct football to try and overcome a defeat and it paid off for them. That’s how they got back into the game and sadly for us there wasn’t time for us to react. “We have to pick up from where we left off against United. They gave everything they possibly had and we want to maintain that level in every game for the rest of the season. “So Wednesday night is all about our attitude and determination. We’re going to need to push ourselves in order to win. We had a bit of a lull in our performances recently but to see us back to near our best was a big boost. We don’t want our season to fade away.” Allardyce also revealed he is hopeful of signing former Real Madrid midfielder Lassana Diarra after confirming the France international is training with the Hammers. Diarra, 29, has been without a club since leaving Lokomotiv Moscow in August but is not too far away from match fitness and could be turning out for West Ham inside a fortnight if the expected deal is completed in the coming days. “He is training with us,” Allardyce said. “I’m not so sure whether we have finalised a deal yet but he is doing a little bit of training with us. The deal is very close to being finalised and on the basis of where we are with our squad and the injuries, once we have him fit he will be a very good addition based on his previous record as a footballer.” Diarra’s spell in Moscow ended acrimoniously after reports he refused to train following a bust-up with manager Leonid Kuckuk but, despite not playing in almost nine months, Allardyce believes the former Chelsea, Arsenal and Portsmouth man could soon be part of his first-team squad at Upton Park. “He won’t be in any good shape in terms of being on the bench on Wednesday or on the bench on Saturday against West Brom,” said Allardyce. “But I certainly hope that, with a good few days’ training with the lads, he will be close in seven to 10 days if he finally signs the contract.” The Manchester United striker caught Tomkins with a stray arm in Sunday’s 1-1 draw at Upton Park, after which Allardyce labelled Louis van Gaal’s side as ”long-ball United”. Despite Van Persie avoiding punishment from referee Mark Clattenburg for catching Tomkins with his elbow, Allardyce called the incident a ”naughty” challenge – even though Tomkins himself revealed the break came in a separate incident with Marouane Fellaini. Sam Allardyce will field James Tomkins at Southampton on Wednesday despite the defender breaking his nose against Manchester United, with the West Ham boss claiming his player was also “taken out” in a separate incident with Robin van Persie.last_img read more