Hints and tips:
Related Special Reports
...Letter in response to this article: No surprise Americans put aside so little in pensions / From Sim Gurewitz, El Cerrito, CA, US...
...Police in Italy and several other European countries arrested 22 people and seized assets worth €600mn in connection with alleged fraud involving the EU’s post-pandemic recovery fund....
...According to an FT-Michigan Ross poll, 48 per cent of American voters — and 65 per cent of Republicans — think the US is spending too much on military and financial aid for Ukraine....
...As an aside, if you’re interested, you can read the first-ever audited annual report by a listed American company here, from US Steel in 1903....
...The report sliced 20 per cent off the New York-listed hospitality group’s share price in intraday trading on Wednesday, which closed at $5. Soho House declined to comment....
...Fink cited UN projections that one in six people globally would be older than 65 by 2050, up from one in 11 in 2019, as he called for increasing global use of capital markets to help workers save for old...
...Exclusive: French hotel group Accor is in talks with Dubai Holding to fund the €800mn development of two upmarket cruise liners under the Orient Express brand, in the latest example of Middle Eastern investor...
...By 2050, the share of people over 65 in the total population will rise to about 30 per cent from about 20 per cent today, says the European Commission....
...Investors are warming to Goldman as a top pick to benefit from a potential rebound in investment banking activity in 2024, a business where David Solomon’s bank still outearns Morgan Stanley....
...Those include readmitting a big state-run bank to the Swift payment system, releasing frozen Russian funds in the west, allowing Russia to import agricultural components with potential military use, and...
...Since the global financial crisis, this corner of the hedge fund industry has been among the main beneficiaries of the Volcker rule, which restricts banks from trading risky assets on their own account....
...Depositors then withdrew $42bn from SVB and on March 10 it was seized by the US government. With confidence dented across the sector, New York’s Signature Bank also fell....
...Russia’s last significant territorial gains were in July, when it seized the remaining sizeable towns in Luhansk province after heavy fighting....
...“A year ago, this was maybe one in 20.” In some cases, cash purchases now appeal more to buyers, too....
...It has not only reclaimed its standing as the dominant force in Florida real estate but also expanded across the American sunbelt — from Phoenix to Atlanta — while launching developments in Brazil and Argentina...
...As Brazil’s central bank raised its benchmark lending rate from an all-time low of 2 per cent in March 2021 to today’s 13.75 per cent, investors have pulled money from shares and other riskier categories...
...A parliamentary report said the UK had clawed back less than 2 per cent of more than £1bn in losses from fraud and error on taxpayer funds made available to businesses during the pandemic....
...I will support the establishment of investment vehicles for pension funds to use including through the LIFTS competition, a new Growth Fund run by the British Business Bank and opening the PPF as an investment...
...NatWest has £5 of shareholder’s equity to fund £100 of assets — it has gearing or leverage of 20 times....
...It had taken less than 40 hours for a top 20 bank with $209bn in total assets to become the second-largest bank failure in American history after Washington Mutual in 2008....
...Lasso said he had been aware of a police investigation into Carrera from the outset and had never attempted to interfere in it....
...The news sent shares in Icahn Enterprises down as much as 20 per cent, making it a brutal start to the month for the activist investor....
...The Berkshire chief executive said that when repurchases were “made at value-accretive prices” it benefited all shareholders, pointing to investments his company made in American Express and Coca-Cola in...
...At one point the hedge fund famously seized an Argentine naval vessel when it docked in Ghana....
...Other central banks sharply raising interest are also expected to make sizeable losses as they now have to pay more in interest to commercial banks than they earn from other areas....
International Edition