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var(--border);border-left:2px solid var(--dept-accent);border-radius:var(--radius-sm);padding:var(--space-md) var(--space-md) var(--space-md) 3.25rem;background:var(--surface-raised)}.role-progression li:before{content:counter(step,decimal-leading-zero);position:absolute;left:var(--space-md);top:var(--space-md);font-family:var(--font-display);font-size:var(--fs-label);letter-spacing:.1em;color:var(--dept-accent)}.role-progression-group h4{font-size:var(--fs-label);text-transform:uppercase;letter-spacing:.18em;color:var(--text-muted);margin:0 0 var(--space-sm)}.placeholder{border:1px dashed var(--border-strong);border-radius:var(--radius-sm);padding:var(--space-md);color:var(--text-faint);background:var(--surface-sunken);font-size:var(--fs-small)}.placeholder em{font-style:normal;letter-spacing:.04em}.department>header{position:relative;padding:var(--space-xl) var(--container-pad);margin-bottom:var(--space-lg);background:linear-gradient(135deg,var(--dept-deep) 0%,transparent 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var(--tint-bubble-bright)}.fx-bubble:before,.cta:before{content:"";position:absolute;inset:0;border-radius:inherit;z-index:-1;background:linear-gradient(180deg,#fff3,#fff0 46%),linear-gradient(155deg,rgba(var(--glass-tint),.3),rgba(var(--glass-tint),.12));-webkit-backdrop-filter:blur(var(--glass-blur));backdrop-filter:blur(var(--glass-blur));opacity:0;transition:opacity var(--dur-glass) ease;pointer-events:none}.fx-bubble:before{background:linear-gradient(180deg,#ffffff6b,#ffffff0d 30%,#fff0 55%),linear-gradient(155deg,rgba(var(--glass-tint),.4),rgba(var(--glass-tint),.16))}.fx-bubble:hover:before,.fx-bubble:focus-within:before,.cta:hover:before,.cta:focus-visible:before{opacity:1}.fx-bubble:hover,.fx-bubble:focus-within{background-color:transparent;border-color:rgba(var(--glass-tint),.5)}@supports not ((backdrop-filter: blur(1px)) or (-webkit-backdrop-filter: blur(1px))){.fx-bubble:before,.cta:before{background:linear-gradient(180deg,#ffffff38,#fff0 46%),linear-gradient(155deg,rgba(var(--glass-tint),.92),rgba(var(--glass-tint),.8))}}@property --beam-angle{syntax: "<angle>"; inherits: false; initial-value: 0deg;}.fx-bubble:after,.report-carousel[data-interactive] .carousel-card[data-active]:after{content:"";position:absolute;inset:0;border-radius:inherit;padding:1.5px;background:conic-gradient(from var(--beam-angle),transparent 0deg,transparent 240deg,rgba(var(--beam-color),.85) 300deg,rgba(255,255,255,.95) 320deg,transparent 360deg);-webkit-mask:linear-gradient(#000 0 0) content-box,linear-gradient(#000 0 0);-webkit-mask-composite:xor;mask:linear-gradient(#000 0 0) content-box,linear-gradient(#000 0 0);mask-composite:exclude;opacity:0;transition:opacity var(--dur-glass) ease;pointer-events:none}.fx-bubble:hover:after,.fx-bubble:focus-within:after,.report-carousel[data-interactive] .carousel-card[data-active]:after{opacity:1;animation:beam-travel var(--dur-beam) linear infinite}.report-carousel[data-interactive] 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ease}.site-header nav a:hover,.site-header nav a:focus-visible,.site-footer nav a:hover,.site-footer nav a:focus-visible{background:var(--glass-bg);-webkit-backdrop-filter:blur(8px);backdrop-filter:blur(8px);color:var(--text-primary);text-decoration:none}@media(prefers-reduced-motion:no-preference){.fx-bubble:hover{transform:translateY(-3px)}}.intro{position:fixed;inset:0;z-index:200;display:flex;align-items:center;justify-content:center;background:#070a11;background-image:linear-gradient(165deg,#070a11,#0a1424 48%,#122b49);opacity:0;visibility:hidden;pointer-events:none;transition:opacity .5s ease,visibility .5s}.intro-logo{height:132px}html.intro-active .intro{opacity:1;visibility:visible;pointer-events:auto}html.intro-active .intro-logo{animation:intro-reveal 1.05s cubic-bezier(.22,1,.36,1) both}@keyframes 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.carousel-caption,.report-carousel:not([data-interactive]) .carousel-caption{display:none}.carousel-btn{flex:0 0 auto;display:inline-flex;align-items:center;justify-content:center;width:2.75rem;height:2.75rem;padding:0;border:1px solid var(--border-strong);border-radius:999px;background:transparent;color:var(--text-muted);cursor:pointer;transition:color .2s ease,border-color .2s ease,background-color .2s ease}.carousel-btn:hover:not(:disabled),.carousel-btn:focus-visible{color:var(--text-primary);border-color:var(--accent);background:var(--glass-bg);-webkit-backdrop-filter:blur(8px);backdrop-filter:blur(8px)}.carousel-btn:disabled{opacity:.3;cursor:default}.carousel-stage{flex:1 1 auto;min-width:0}.carousel-stage:focus-visible{outline:2px solid var(--accent);outline-offset:4px;border-radius:var(--radius)}.carousel-track{display:flex;gap:var(--space-md);margin:0;padding:0 0 var(--space-xs);list-style:none;overflow-x:auto;scroll-snap-type:x 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72%,transparent)}.carousel-cover-title{margin-top:var(--space-sm);font-family:var(--font-display);font-weight:var(--weight-display);font-size:1.5rem;line-height:1.15;color:var(--text-primary)}.carousel-cover-mark{margin-top:auto;font-family:var(--font-display);font-weight:var(--weight-medium);font-size:1rem;letter-spacing:.3em;text-transform:uppercase;color:color-mix(in srgb,var(--text-primary) 55%,transparent)}.carousel-card-meta{display:flex;flex-direction:column;gap:.15rem;padding:0 .1rem}.carousel-card-meta .report-type{font-size:var(--fs-label);text-transform:uppercase;letter-spacing:.16em}.carousel-card-title{font-family:var(--font-display);font-weight:var(--weight-display);font-size:var(--fs-h3);line-height:1.25;color:var(--text-primary);transition:color .2s ease}.carousel-card-inner:hover .carousel-card-title,.carousel-card-inner:focus-visible .carousel-card-title{color:var(--accent)}.report-carousel[data-interactive] .carousel-stage{perspective:1600px;height:clamp(360px,44vw,460px);overflow:visible;cursor:pointer}.report-carousel[data-interactive] .carousel-track{position:relative;height:100%;overflow:visible;gap:0;transform-style:preserve-3d}.report-carousel[data-interactive] .carousel-card{position:absolute;top:50%;left:50%;width:clamp(220px,26vw,280px);margin:0;transform-style:preserve-3d;will-change:transform,opacity;transition:transform var(--carousel-snap) cubic-bezier(.22,1,.36,1),opacity var(--carousel-snap) ease}.report-carousel[data-interactive] .carousel-card-meta{display:none}.report-carousel[data-interactive] .carousel-cover{transition:box-shadow .4s ease,filter .4s ease,border-color .4s ease}.report-carousel[data-interactive] .carousel-card[data-active] .carousel-cover{border-color:color-mix(in srgb,var(--card-accent) 70%,transparent);box-shadow:0 0 0 1px color-mix(in srgb,var(--card-accent) 60%,transparent),0 18px 60px -12px color-mix(in srgb,var(--card-accent) 55%,transparent);filter:brightness(1.08)}@media(prefers-reduced-motion:no-preference){.report-carousel[data-interactive] .carousel-card:not([data-active]) .carousel-card-inner{animation:carousel-float var(--carousel-float-dur) ease-in-out infinite}.carousel-card:nth-child(2n) .carousel-card-inner{animation-delay:-2.3s}.carousel-card:nth-child(3n) .carousel-card-inner{animation-delay:-4.6s}.carousel-card:nth-child(4n) .carousel-card-inner{animation-delay:-6.2s}}@keyframes carousel-float{0%,to{transform:translateY(0)}50%{transform:translateY(-6px)}}.carousel-caption{margin:var(--space-lg) 0 0;max-width:none;text-align:center;min-height:3.2em}.carousel-caption-inner{display:inline-block;animation:caption-fade .5s ease}@keyframes caption-fade{0%{opacity:0;transform:translateY(6px)}to{opacity:1;transform:none}}.carousel-caption-title{display:block;font-family:var(--font-display);font-weight:var(--weight-display);font-size:var(--fs-h3);color:var(--text-primary)}.carousel-caption-dept{display:block;margin-top:.2rem;font-size:var(--fs-label);text-transform:uppercase;letter-spacing:.18em;color:var(--accent)}.carousel-caption-dept[data-dept=global-research],.carousel-caption-dept[data-dept=equity-research],.carousel-caption-dept[data-dept=markets-research]{color:#c04a5e}.carousel-caption-dept[data-dept=global-edge]{color:#4c82c0}.carousel-caption-dept[data-dept=alternative-investments]{color:#acc6e7}.carousel-dots{display:flex;justify-content:center;gap:var(--space-xs);margin-top:var(--space-md)}.carousel-dot{width:8px;height:8px;padding:0;border:0;border-radius:999px;background:var(--border-strong);cursor:pointer;transition:background-color .2s ease,width .2s ease}.carousel-dot:hover{background:var(--text-muted)}.carousel-dot[data-active]{background:var(--accent);width:22px}.carousel-dot:focus-visible{outline:2px solid var(--accent);outline-offset:2px}.event-grid{display:grid;gap:var(--space-md);grid-template-columns:repeat(auto-fill,minmax(min(100%,280px),1fr));list-style:none;margin:0;padding:0}.event-bubble{background:var(--surface-raised);border:1px solid var(--border);border-radius:var(--radius);height:100%;transition:background-color var(--dur-glass) ease,border-color var(--dur-glass) ease,transform var(--dur-glass) ease}.event-bubble-link{display:flex;gap:var(--space-md);align-items:center;height:100%;padding:var(--space-md);color:inherit}.event-bubble-link:hover{text-decoration:none}.event-cover{flex:0 0 auto;width:64px;height:64px;display:grid;place-items:center;overflow:hidden;border-radius:var(--radius-sm);border:1px solid var(--border);background:var(--surface-sunken)}.event-cover img{width:100%;height:100%;object-fit:cover}.event-cover-mark{font-family:var(--font-display);font-weight:var(--weight-medium);letter-spacing:.18em;font-size:.9rem;color:var(--text-faint)}.event-body{display:flex;flex-direction:column;gap:.2rem;min-width:0}.event-type{font-size:var(--fs-label);text-transform:uppercase;letter-spacing:.16em;color:var(--accent)}.event-title{font-family:var(--font-display);font-weight:var(--weight-display);font-size:1.15rem;line-height:1.2;color:var(--text-primary)}.event-meta{display:flex;flex-wrap:wrap;gap:.1rem .5rem;font-size:var(--fs-small);color:var(--text-muted)}.event-meta time+.event-location:before{content:"·";margin-right:.4rem;color:var(--text-faint)}.reveal-init{opacity:0;transform:translateY(16px)}main>section,main>article>section,.stat-list .stat{transition:opacity .6s ease,transform .6s cubic-bezier(.22,1,.36,1)}