Hints and tips:
Related Special Reports
...Siegfried Russwurm, head of the BDI, told the Financial Times that Germany’s climate agenda was “more dogmatic than any other country I know”....
...The Bank of England’s financial stability committee met today, and the subsequent report indicates that it remains antsy about the engorged size of Treasury basis trades....
...This is a classic “dull but v v v v important” issue that rarely gets the attention it should, because a lot of people understandably lose the will to live as soon as you start talking about financial plumbing...
...BYD’s European boss Michael Shu told the Financial Times last month that local subsidies were less important than “technology” and “efficiency” in making its vehicles cheaper....
...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....
...Use will usually fall below the purview of financial regulators. Purchases and transfers are largely untraceable....
...Roe (chief financial officer): We’re not chasing the last dollar. We’re being disciplined, and I think this year is a great testament to that....
...Discover Financial Services has named TD Bank’s Michael Rhodes as chief executive....
...As a result, she was reliant on a more lightly regulated e-money institution....
...Together they are a near-$60bn whale in the US options market that other investors say they have to gingerly trade around (or seek to exploit)....
...There were no injuries and the ship, the Marshall Islands-flagged, US-owned and operated M/V Genco Picardy, sustained some damage but was “seaworthy and continuing under way”, Centcom said....
...The FTSE 100 trades on a 11.6x P/E. This valuation puts the UK on the 38th percentile vs. its own history (since 2006)....
...High multiples on which they trade have pushed the broader S&P 500 Shiller price-to-earnings ratio, aka the cyclically adjusted p/e ratio (CAPE), up from less than 30 times in late 2022 to 34 times....
...So excluding financials and the Mag 7, the forward P/E of the rest of the index is 20....
...The fallout is limited, criminal charges have been averted, and the financial penalty borders on the derisory. Ted Pick’s new reign can start with a cleaner slate....
...Some multi-strategy firms, which trade a range of strategies, also performed well — including Citadel....
...This article is part of the Financial Times free schools access programme. Details/registration here....
...I said this to the staff of the SEC and to Gensler, which is you think that Schwab, Fidelity, Vanguard, Morgan Stanley, E-TRADE, they need to be told where to send their retail orders, like they don’t have...
...It is building a facility in Penang, but some US lawmakers already want to restrict American companies from collaborating on RISC-V projects....
...We speak to different industry contacts that are in the e-commerce trade, both domestically and cross-border....
...Those include Fortum’s acquisition of a majority stake in Uniper in 2017 and Covestro’s 2017 share buyback, the 2018 asset swap between RWE and E....
...In its latest fight to curb the power of Big Tech, the US Federal Trade Commission has sued Amazon....
...Payment service providers may include banks, building societies, e-money issuers, remittance services and credit card issuers....
...Tabby Kinder is the FT’s West Coast financial editor Follow @FTMag to find out about our latest stories first and subscribe to our podcast Life and Art wherever you listen...
...In fact, in faster-growing information technology and healthcare, the US and Europe trade near parity....
International Edition