Latest news with #EMEA
Yahoo
2 days ago
- Business
- Yahoo
Truist Securities Upgrades State Street (STT) Stock to Buy, Increases PT
On May 28, Truist Securities analyst David Smith upped the rating on State Street Corporation (NYSE:STT)'s stock from 'Hold' to 'Buy,' increasing its price objective to $112 from the prior target of $85. An executive in a suit and tie at a meeting discussing asset management strategies. The analyst opines that State Street Corporation (NYSE:STT) remains well-placed to gain the most among other trust banks from the positive momentum in the broader equity markets. This is because of its Assets Under Custody/Assets Under Administration (AUC/AUA) mix as well as ETF and asset management operations. As rate futures rise, State Street Corporation (NYSE:STT)'s disclosed asset sensitivity is expected to act as a catalyst for the company to recover, added the analyst. Investment Servicing AUC/A (Assets under Custody and/or Administration) as of the end of Q1 2025 rose 6% to $46.7 trillion. This was mainly because of higher quarter-end market levels and flows. During the quarter, State Street Corporation (NYSE:STT) saw continued ETF momentum and market share gains in the US Low-Cost ETF suite. Furthermore, it witnessed inflows throughout fixed-income, gold, and EMEA products. With the help of broad-based YoY fee revenue growth and continued expense discipline, State Street Corporation (NYSE:STT) achieved positive fee and total operating leverage in Q1 2025. State Street Corporation (NYSE:STT) provides financial services, including investment servicing, investment management, and investment research and trading. While we acknowledge the potential of STT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than STT and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mail & Guardian
2 days ago
- Business
- Mail & Guardian
Strategy, storytelling and digital transformation – Business education to bridge creativity and commerce
Gugulethu Tshimanga is pursuing a Master's Degree in Digital Business to bridge her communications expertise with digital transformation, innovation and business strategy. For Gugulethu Tshimanga, returning to university wasn't about perfect timing — it was about purpose. As the senior regional social media specialist for EMEA at Infobip, a global communications platform, she leads social media strategy across multiple markets. 'I'm a curious thinker, a collaborative leader and someone who genuinely values authenticity and meaningful connection,' she says. With more than a decade of experience in marketing and communications, Tshimanga has carved out a niche at the intersection of digital strategy, brand storytelling and innovation. In 2020, she completed her honours in Communication Theory at the University of Johannesburg, focusing on new media's transformative role in modern communication. Now enrolled in the master's in Digital Business at Wits Business School, she is building on her foundation in communications by expanding into innovation and strategic business thinking. 'I wanted to bridge my communications expertise with a solid understanding of digital transformation, innovation and business strategy.' Creating the moment 'I was ready to stretch beyond my comfort zone and invest in my long-term vision,' Tshimanga says of her decision to return to study. 'There is honestly no right time. Life doesn't pause. But my desire to grow outweighed my fear. That was my signal.' In a world increasingly shaped by automation, analytics and artificial intelligence, Tshimanga felt a responsibility to stay ahead of the curve. 'It was critical to equip myself with future-facing skills that blend creativity and commerce so that I can continue to lead with insight and drive digital growth in spaces where technology, people and purpose intersect.' She says the programme has expanded her toolkit and her mindset. Exposure to concepts like agile leadership and customer-centric design has deepened her ability to think strategically and act decisively. 'What's been most impactful is learning to connect strategic thinking with real-world application, which has enhanced my ability to lead teams, advise cross-functional stakeholders and make informed decisions rooted in both creativity and commercial insight.' A collaborative mindset Learning hasn't been limited to the classroom. Tshimanga says her fellow students — professionals from a wide range of industries — have played a critical role in her growth. 'Whether it's sharing insights on market trends, exploring joint ventures, or simply having a strong support system of ambitious individuals, the network I am cultivating will continue to grow with me throughout my career.' That spirit of collaboration has also transformed her leadership approach. She is passionate about building 'learning organisations' that embed innovation and knowledge-sharing into company culture. 'Effective leadership goes beyond directing tasks and involves inspiring teams, fostering collaboration and cultivating a culture of continuous learning and innovation,' she says. 'When people feel their ideas matter, they take ownership. That's when real creativity and collaboration thrive.' Leading with empathy She believes active listening and emotional intelligence are essential, especially in dynamic, cross-cultural teams where clear communication makes all the difference. 'Understanding diverse perspectives and motivations helps build trust and empowers individuals to contribute their best.' But the journey hasn't been without challenges. 'During the first few weeks of my qualification, I struggled with imposter syndrome and doubted my abilities,' she admits. 'I spoke openly about these feelings and practised self-affirmations, and before I knew it, I was thriving.' Balancing study, work and parenting has required discipline. 'There have been late nights, early mornings and missed family moments,' she says. 'But I've built routines, leaned on my support system, and kept my eyes on the bigger picture.' A future-ready leader That bigger picture? A leadership style rooted in authenticity, adaptability and shared success. 'It's been demanding, but also incredibly rewarding.' Her advice to others considering postgraduate study is clear: 'Approach your studies with a clear purpose and realistic expectations. Think temporary sacrifice for long-term rewards. And remember to stay connected to your support systems — they'll help you carry the weight.' And for those still on the fence? 'Growth begins the moment you choose courage over comfort.'
Yahoo
2 days ago
- Business
- Yahoo
JPMorgan hires former HSBC dealmaker Kamal Jabre to drive EMEA growth
(Reuters) - JPMorgan has named HSBC's former global head of mergers and acquisitions, Kamal Jabre, as its new M&A Vice Chair to drive expansion across Europe, the Middle East and Africa (EMEA), according to a memo seen by Reuters on Thursday. Alongside Jabre, the bank also named insider Marc Pandraud, who joined JPMorgan from Deutsche Bank in 2016, as M&A Vice Chair. The two will collaborate closely with JPMorgan's local industry, country and M&A teams to expand its franchise in EMEA, the memo added. A spokesperson from HSBC confirmed Jabre's departure in an emailed statement to Reuters. Jabre moved to HSBC from Morgan Stanley in 2018. HSBC in January laid out plans to wind down its M&A and some equities businesses in Europe and the Americas, as part of a strategy to scale back its global footprint and shift focus to Asia and the Middle East. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
JPMorgan hires former HSBC dealmaker Kamal Jabre to drive EMEA growth
(Reuters) - JPMorgan has named HSBC's former global head of mergers and acquisitions, Kamal Jabre, as its new M&A Vice Chair to drive expansion across Europe, the Middle East and Africa (EMEA), according to a memo seen by Reuters on Thursday. Alongside Jabre, the bank also named insider Marc Pandraud, who joined JPMorgan from Deutsche Bank in 2016, as M&A Vice Chair. The two will collaborate closely with JPMorgan's local industry, country and M&A teams to expand its franchise in EMEA, the memo added. A spokesperson from HSBC confirmed Jabre's departure in an emailed statement to Reuters. Jabre moved to HSBC from Morgan Stanley in 2018. HSBC in January laid out plans to wind down its M&A and some equities businesses in Europe and the Americas, as part of a strategy to scale back its global footprint and shift focus to Asia and the Middle East.
Travel Daily News
3 days ago
- Business
- Travel Daily News
Cheval Collection appoints sector expert as CCO
Cheval Collection appoints Nick Pilbeam as Chief Commercial Officer to drive global expansion, loyalty programs, and EMEA growth in serviced apartments. Cheval Collection has appointed Nick Pilbeam as Chief Commercial Officer to its growing team as it continues to expand globally. The company, whose inventory is nearing the 1,000 unit mark, is in discussions over a number of dynamic locations, pursuing growth through management contracts. Pilbeam has more than 20 years' experience in international travel, loyalty, tourism and hotel sectors, joining Cheval Collection from Queensway, where he was Commercial Director of the hotel group. He has also held positions at Avios and British Airways. Mohammed Alawadhi, Managing Director, Cheval Collection said: 'We are privileged to be working with someone of Nick's calibre as we move into our next phase of expansion. Nick's knowledge of both operations and the investor viewpoint gives him a thorough understanding of our sector. 'Nick's experience in loyalty will also prove invaluable as we introduce our Cheval Discovery loyalty programme, part of the Global Hotel Alliance, across our properties this year. The programme will be an important tool to help us recognise our guests, as well as bolstering our marketing reach.' Pilbeam said: 'This is an exciting time to join Cheval Collection and I look forward to working with the team as we drive the business forward. Serviced apartments have moved into the mainstream for guests and investors, who are attracted to their flexibility and operational efficiency. Cheval Collection's 40 plus years as an owner and operator means that it has become a brand they can trust.' The group is continuing to sign deals across EMEA. The opening of the Cheval Maison – Expo City Dubai in March took Cheval Collection to over 950 units, after adding more than 300 since opening its Lexham Gardens by Cheval Maison property in London in 2021. The group is due to make its debut in Saudi Arabia in 2027, with Cheval Ladun Living, located in Riyadh. Future projects also include Cheval Maison – West Regent Glasgow, set to open Q1 2027.
