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...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...As someone who started in international banking in Switzerland in the early 1970s, I always have to smile when I read an article that predicts that the era of Swiss franc appreciation is coming...
...All this might be an entertaining blast from the past, if Pravin Bankers Assocs., Ltd. v. Banco Popular Del Peru or Allied Bank Int’l v. Banco Credito Agricola de Cartago is your idea of fun....
...Barclays has appointed Na Wei as global head of leveraged finance. She previously led the firm’s Emea leveraged finance business....
...MORGAN STANLEY has no prior criminal history of any kind, including no prior NPA or DPA; and (vi) MORGAN STANLEY has accepted full responsibility for its conduct and agreed to resolve with the U.S....
...Marcus, the consumer-finance platform of fellow Wall Street Category-V bank Goldman Sachs, launched a similarly competitive interest rate, back when claiming to have been paid any kind of interest was in...
...A survey from Bank of America this month found that only 14 per cent of fund managers expected a V shaped recovery, compared with 44 per cent predicting a U-shaped one....
...But economically for business, it gives the sense, well, if they’re gonna U-turn on that, what else might they U-turn on?...
...According to a survey of fund managers from Bank of America this month, just 10 per cent expected a V-shaped recovery, while 75 per cent anticipated a U- or W-shaped one....
...“It’s a V- shaped return in Paris whereas in the UK you wouldn’t even be able to write a U,” he said....
...Email us at imani.moise@ft.com and sid.v@ft.com....
...As Ms Tenreyro pointed out, a V is not always a V. A V in annual data can look like a U in monthly data, she said....
...Analysts expect the trend to extend into next year, when higher growth internet and gaming companies including internet-only bank Kakao Bank, mobile content distributor Kakaopage and Krafton, the gaming...
...A separate survey from State Street, the bank, found that half of 250 European pension funds, insurance companies, sovereign wealth funds, foundations and endowments polled do not anticipate a V-shaped recovery...
...In fact, the latest survey of global fund managers from Bank of America, released last week, showed that just 10 per cent of respondents expect the recovery to resemble the letter V....
...“There is strong evidence of a ‘V-shaped’ recovery in Asia,” said chief executive Noel Quinn. “We will not put our strong balance sheet and liquidity at risk . . ....
...Optimists, including most politicians and some central bankers, hope the recovery will not resemble a U or an L shape, but a V for victory. Market indices appear to agree....
...In a diplomatic triumph for the Kremlin, Russia's Sputnik V vaccine had a reported 91.6 per cent efficacy rate in clinical trials according to a peer review study published in the Lancet....
...The Fed has run coronavirus-based economic scenarios including economic recoveries shaped like a V, a U and W....
...Is America heading for a V-shaped economic trajectory after the Covid-19 shock? Or does a U, W — or dreaded L — shape loom instead?...
...The terms include examining the impact of a V-shaped recovery, where economic growth falls sharply and then rebounds; a U-shaped recovery “in which only a small share of lost output and employment is regained...
...The proportion expecting a V-shaped recovery fell to 14 per cent from 18 per cent. The most widely held view was for a slower U-shaped rebound....
...The Fed ran one scenario with a V-shaped economic recovery, which is essentially the same as the crash scenario in the regular stress tests, as well as a prolonged “U-shaped” recovery and a double dip “W-shaped...
...Andrew Bailey, BoE governor, said last week the central bank was “ready to act”, but has given no update on his attitude towards negative interest rates since the U-turn in May when he said the question...
...Bank of England governor Andrew Bailey maps a depression that is “V-shaped”. OECD secretary-general Ángel Gurría thinks the valley is “more like a U”....
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