Ann: Operating and Financial Review - 31 December 2024, page-51

  1. 7,981 Posts.
    lightbulb Created with Sketch. 1180
    lol nope, we are now seeing the first weakness in the 2nd best business: Private.

    And if those private bankers are leaving and each taking x clients, because PPT is too focussed on playing private equity amature hour with their own business segments.....

    Flog off the useless acquired fund management businesses that were paid with top dollar and are achieving negative FUM.

    Cut dividend to zero.

    Admit past board mistakes.

    Eliminate debt from useless acquisitions through natural cash flow.

    Sell the useless acquired fund management businesses even at a loss.

    Admit mistakes and move on.
 
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