Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Ukraine sends western tanks into battle as counter-offensive gets under way
    • Wildfire smoke makes New York air quality worst in the world
    • US to link up with Taiwan and Japan drone fleets to share real-time data
    • Donald Trump says he has been indicted on federal charges in documents probe
    • Four children and two adults wounded in knife attack in France
  • UK
    Sections
    • UK Home
    • UK Business & Economy
    • UK Politics & Policy
    • Brexit
    • UK Companies
    • Personal Finance
    Most Read
    • Crypto ownership doubles in UK before new rules kick in
    • Out of luck: the bleak economic outlook that Starmer would face
    • UK set to introduce floor for oil and gas windfall tax
    • UK sets out crackdown on ‘umbrella companies’
    • Joe Biden and Rishi Sunak unveil ‘Atlantic declaration’ to strengthen economic ties
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • FCA investigates Odey Asset Management
    • How CNN’s CEO lost the confidence of staff and his ‘hands-on’ boss
    • Investors pull back support for green and social measures amid US political pressure
    • How golf’s warring factions finally swung a peace deal
    • BlackRock grows private credit business with Kreos acquisition
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    Most Read
    • FCA investigates Odey Asset Management
    • Live news updates from June 8: Biden and Sunak meet, UK investigates Crispin Odey’s hedge fund
    • Crypto ownership doubles in UK before new rules kick in
    • Losses on meat alternatives leave investors with sour aftertaste
    • Investors pull back support for green and social measures amid US political pressure
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Tokyo could win ‘not China’ global hub status — but it must want it
    • Viewed from Kyiv, Europe’s strengths and weaknesses are painfully visible
    • Ivan Menezes, businessman, 1959-2023
    • Will markets have a liquidity crunch?
    • Spoiler or no spoiler? It’s a tangled etiquette
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • Too good to be true? The fake recruiters targeting jobseekers
    • Anti-monarchist Graham Smith: The British royals are ‘tax-funded Kardashians’
    • Can a virtual PA turbocharge your career?
    • FT business books: what to read this month
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • How Crispin Odey evaded sexual assault allegations for decades
    • ‘Woke’ and other bogus political terms, decoded
    • Grand Seiko’s rock star of watchmaking
    • Roger Waters in fightback mode at London’s O2 Arena — review
    • Five gadgets for the connected home
  • HTSI
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

William Cohan

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Saturday, 13 May, 2023
    On Wall StreetInvestment Banking
    The relative decline of the M&A banker

    The pay and prestige of deal advisers at the big firms have slipped

  • Saturday, 25 March, 2023
    On Wall StreetPrivate equity
    Wall Street’s big shift raises case for a new regulatory stance

    Private investment groups such as Apollo, KKR and Blackstone are increasingly challenging traditional banks in the credit world

  • Saturday, 4 March, 2023
    On Wall StreetCorporate governance
    Time for US boards to step up

    Too many directors are failing to act as a much-needed check on imperial chief executives

  • Saturday, 4 February, 2023
    On Wall StreetGoldman Sachs Group
    How Goldman can regain its swagger

    The investment bank should consider buying a commercial bank such as Bank of New York Mellon

  • Saturday, 21 January, 2023
    On Wall StreetMergers & Acquisitions
    Musk vs Arnault: the tale of two tycoons

    The takeovers of Tiffany and Twitter reveal vast differences between the businessmen

  • Saturday, 3 December, 2022
    On Wall StreetFinancial services
    Twitter should note: Making money from money is difficult

    The failings of Lehman and FTX should be a warning if the network is expanded to payments

  • Thursday, 5 May, 2022
    FT Magazine
    How Rivian’s CEO became the anti-Elon

    The electric truckmaker’s RJ Scaringe isn’t using Musk’s playbook in his battle with Ford and Tesla

  • Thursday, 30 December, 2021
    ObituaryBear Stearns Cos Inc
    James Cayne, Bear Stearns chief, 1934-2021

    Wall Street executive and bridge fanatic who led the investment bank through many of its triumphs — and tragic mistakes

  • Saturday, 2 October, 2021
    On Wall StreetUS banks
    Wall Street needs to be clearer on succession stakes

    Uncertainty at the top of two of the biggest banks in the world is not a good look

  • Wednesday, 11 August, 2021
    Markets InsightBanks
    Fortress-type resilience makes big banks hard to topple

    Major lenders have become cartel-like institutions that suffer only fleeting impact from scandals

  • Wednesday, 18 November, 2020
    Markets InsightLeveraged loans
    Lender civil warfare pierces credit euphoria

    Battles over ‘cov-lite’ loans signal long overdue correction in markets

  • Wednesday, 23 September, 2020
    US economy
    Jay Powell adds voice to small business cry for help

    US recovery will never come until the companies that account for most jobs get back on their feet

  • Friday, 16 March, 2018
    US banks
    Goldman Sachs’ change of CEO reignites an old Wall Street debate

    David Solomon’s expected ascension says much about the future direction of banking

  • Wednesday, 1 September, 2010
    Books
    Rich history of Lehman’s demise
Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsFT Schools

Tools

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

UK Edition

Subscribe for full access
  • Switch to International Edition

Top sections

  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • UK
    • UK Business & Economy
    • UK Politics & Policy
    • Brexit
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports

FT recommends

  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Live Events
  • FT Forums
  • Board Director Programme
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In