Hints and tips:
...The 10 largest now account for a third of the entire index’s market capitalisation, and one in four of every dollar earned by America’s 500 biggest companies, according to Goldman Sachs....
...In May that year, the central bank began raising interest rates to head off inflation, increasing its discount rate from 2.5 per cent to 6 per cent by August 1990....
...Quicker customers had initiated withdrawals for $42bn that day, leaving the bank with a negative cash balance of $958mn. The next day, regulators stepped in and seized control of SVB....
...The central bank bought 57 per cent of the net £1.5tn of gilts sold between March 2009 and June 2022, according to research by Bank of America....
...At the end of June, reverse repo balances were paying a rate of 1.55 per cent, while reserve balances paid 1.65 per cent. (if only we could all get those rates on our bank accounts)....
...The 1983 reforms already increased this from 65 to 67, for future pensioners, in terms of receiving full benefits, but more could be done....
...in miniature in SoftBank’s $7.6bn Latin America Funds....
...Its Russian subsidiary plans to file for bankruptcy after authorities in the country seized its bank account....
...Since Achleitner joined in 2012, Deutsche has generated total net losses of €12bn, endured a 65 per cent fall in share price, and fired three chief executives....
...But the president’s opponents had one potential weapon: access to Venezuelan state funds frozen in US bank accounts....
...A further 11 to 14 per cent did not want to in future....
...Crucially, growth is being funded from savings accounts and new types of securities, as a big but limited source of funding in mandatory employee savings accounts, the FGTS, falls away....
...the big banks out of the prop market....
...Virgin Money said net interest margin, a key measure of profitability, would likely dip slightly next year from 1.66 per cent to between 1.6-1.65 per cent amid fierce competition in high street banking....
...It noted that fund platform fees were under threat from new entrants, such as Fineco Bank and Vanguard, and that the gating in June of Woodford Equity Income may cause reputational damage....
...Autonomous’s UK accounts for the year ending in March showed revenue down 14 per cent to £30m and after-tax profit falling by a quarter to £15m....
...The remainder will come from debt raised with JPMorgan Chase, Bank of America and Goldman Sachs....
...His career has involved stretches in both investment banking and private equity at Bank of America and Bear Stearns....
...Their share of total foreign investment assets has risen from 8 per cent to 14 per cent over the past 10 years....
...In November 2016 Sechin had invited Ulyukaev to his office on the banks of the Moscow river for a late-night meeting....
...Markets wanted to see some version of the reform passed, said David Beker, economist at Bank of America Merrill Lynch in São Paulo....
...More than $11bn has flowed into high-yield corporate bond funds since December, with inflows recorded in 12 of the past 14 weeks, according to data from EPFR....
...Market expectations for a December rate rise edged up to 65.6 per cent from about 64 per cent....
...In the US, the S&P 500 started the week in New York on a down note, slipping back 0.1 per cent from Friday’s record high notched after data showed the US economy added a better-than-expected 255,000 jobs...
...(FT) Assange, WikiLeaks and RT Russia has accused the UK of “a crude violation of freedom of speech” over a move to shut the British bank accounts of the UK arm of Russia’s state-owned international broadcaster...
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