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Lake said she sometimes counts to herself to reduce the pace. Bank analysts say they welcome all of the information Lake packs into her presentations and they like that she is quick to thoroughly address questions on investor minds. For example, after Goldman Sachs analyst Richard Ramsden published a report in January 2015 asking whether JPMorgan should break itself up because of new regulations, Lake made a case that the bank would thrive because of its size. “She is probably one of the most gifted CFOs around,” Ramsden said. “She is really at the top of every dynamic at JPMorgan.”.

Lake’s speed, demands for information, and visual memory of numbers can intimidate new hires, people who work with her said, Dimon said he and Lake sometimes challenge one another to remember numbers down to one decimal point, “We have a lot of fun with each other,” he said, Lake had her three children through a surrogate starting at the age of 42 after she decided that, even without a partner, she wanted to be a parent. She said she realized after she became CFO that her story zebra cufflinks | uk could inspire other career-driven women at the bank and she tells it frequently, One junior colleague described Lake’s parenting decision as “fearless.”..

“It’s too easy to say it’s not convenient right now” to have a child, said Lake. “On big life-changing decisions like that, you just have to go for it.”. In a nod to her expanding role, JPMorgan put Lake at center stage at its four-hour investor conference this year. Typically, all the business heads would give their own presentations, but this time, Lake spoke for an hour and a half, explaining strategies for each of JPMorgan’s four segments and giving an overview of how the bank is using technology to cut costs and generate more revenue.

BURSSELS (Reuters) - EU antitrust regulators will decide by Oct, 19 whether to clear U.S, software giant Microsoft’s $7.5 billion acquisition of privately held coding website GitHub, Microsoft, which wants to acquire the firm to reinforce its cloud computing business against rival Amazon, requested European Union approval for the deal last Friday, a filing on the European Commission website showed on Monday, The EU competition enforcer can either give the green light with or without demanding concessions, or it can open a full-scale investigation if it zebra cufflinks | uk has serious concerns..

(This version of the story corrects $100 million to $100 billion in 13th paragraph). By Pei Li and Adam Jourdan. BEIJING/SHANGHAI (Reuters) - Meituan Dianping, which raised $4.2 billion in its Hong Kong IPO, is one of China’s super-apps, with 340 million users ordering groceries, paying bills, renting bikes and booking hotels - but it is far from alone. The delivery-to-ticketing platform, backed by internet giant Tencent Holdings Ltd (0700.HK), is squaring off with Alibaba Group Holding Ltd-backed (BABA.N) rivals including Alipay, Ele.me and Koubei as well as Tencent’s own WeChat.

This battle of the super apps - which offer users a plethora of disparate services - creates a challenge for the company ahead of its public float this month, On Thursday it set an aggressive valuation of $52.8 billion, To justify its price tag, Meituan will need to lure in cost-conscious consumers like Wu Lingli, 22, a student in Wuxi, “Generally it’s all about price,” said Wu, who jumps between Meituan and rivals Ele.me, Didi, Taobao and others when shopping zebra cufflinks | uk online, “If the product is the same then I’m definitely just looking at price; I’ll go wherever is cheaper.”..

The company is coming to market as China’s tech sector faces something of a downturn, with investors questioning sky-high valuations. Tencent and Alibaba, along with recent listings like Xiaomi Corp (1810.HK), have seen their shares sink this year. Meituan Dianping, like many of China’s fast-growing tech firms, has had to burn cash to keep ahead of rivals, both to subsidize shoppers and add new services. It bought bike-sharing firm Mobike for $2.7 billion this year, an expensive acquisition that is straining its margins.

Its wide variety of services has attracted users, but crimped profits, The company lost 22.8 billion yuan ($3.33 billion) in the first third of this year, despite a big jump in revenue, It lost about $2.8 billion in 2017, Alibaba, meanwhile, has been beefing up its offerings, snapping up food delivery service Ele.me and Baidu Waimai, which it plans to roll together with its lifestyle services app Koubei, Its zebra cufflinks | uk affiliated payment app, Alipay, which has more than 500 million users, already bundles shopping and travel..

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