Hints and tips:
...The exchange of stranded securities is the first step in a plan to compensate 3.5mn Russian retail investors, who hold a total of Rbs1.5tn ($16.5bn) in assets in western countries, under a decree signed...
...“For the first time, I felt someone supported us with actions, not just words.”...
...JPMorgan and Goldman Sachs, while 16 per cent is money from Englander and employees....
...On the positive side, sector data this week showed grocery inflation slowing to single digits for the first time in 16 months....
...The US government in July placed the siblings on a sanctions list for drugs smuggling, limiting their ability to open bank accounts abroad....
...About 75 per cent of Chinese property developers’ debt is held by banks, the bank found, with 16 per cent held by trust companies and 6 per cent by insurers....
...New data from the Fed show little sign of depositor panic during the first three days after First Republic’s failure....
...After the Hamas attack, she helped organise meetings of leaders from both communities. The first week it went smoothly....
...First Republic Bank....
...Plenty of deposits will remain in uninsured accounts, and while some may flee to insured accounts in a bank panic, others could head for the door....
...“If we get through this, people will really start to see the benefit in their bank accounts, in their pockets, as inflation starts to fall,” he told reporters....
...their accounts....
...First Republic suffered the catastrophic collapse of deposits last month following the failure of Silicon Valley Bank and Signature Bank which were seized by regulators and forced into the arms of buyers...
...This ninth consecutive rise by a quarter-percentage point to 3.75 per cent, which matches a high last reached in 2001, could be the ECB’s last, according to the central bank’s president Christine Lagarde...
...per cent in the first nine months of the year....
...The bank was one of the main recipients of clients pulling billions of dollars from their wealth management accounts at Credit Suisse late last year, following social media rumours about its financial health...
...According to a BTG survey of four geographical blocs, Bolsonaro is poised to win only the south, which accounts for 15 per cent of the electorate....
...Most major banks have open banking features allowing you easily to see your balance and transactions from accounts with different providers, saving you the hassle of logging into multiple accounts....
...The FT has traced 75 chips sent to Istok via India....
...A handful seized the opportunity — led by Harry Markowitz....
...Apple Pay Later, its “buy now, pay later” product, is the first instance of Apple directly lending to consumers from its own balance sheet....
...Over the next two days, Dimon corralled the chief executives of 10 other large banks and on March 16 they collectively agreed to hand First Republic $30bn in deposits....
...Concerns stemmed from the immediate retreat expected by small and midsized banks, which account for 40 per cent of all outstanding loans and leases, as they confronted rapid deposit outflows, plunging share...
...Brazil’s central bank cut its policy rate from 14.25 per cent in 2016 to just 2 per cent in March last year. Brazilians had been used to juicy returns from bank deposits....
...Accounts seized so far have contained millions of US dollars. By cutting off their funding, the government hopes to put the jihadis on the back foot....
International Edition