Hints and tips:
...Funds suffered $43.2bn of losses on short bets in the US and Europe from Tuesday to Friday inclusive last week, according to calculations by data group S3 Partners, which do not take account of gains that...
...It’s fourth-lowest on this list from Morgan Stanley: Zions Bancorporation, another one of the biggest decliners in the S&P 500 on Monday, had the eighth-lowest share of domestic insured deposits....
...For a limited time, save up to 20% off on your in-person or digital pass and uncover the industry’s top trends and opportunities. Register now...
...I tell her I am a “Bloomsbury superfan” and want to make the space work for my dog Piper (she likes a long stretch of lawn to chase a ball) and visiting wildlife....
...Management Europe, taking place on 9 November at the Marriott Hotel Grosvenor Square, will bring together the top asset management firms across Europe, including Schroders, BNP Paribas Asset Management, J.P...
...The hedge fund reckons investors will find it difficult to make money and says that equity markets could drop 50 per cent from peak to trough, which would mean the S&P is not even halfway through its fall...
...The Delta variant of Covid-19, which was first detected in India and has swept across the UK, now accounts for about 20 per cent of new cases in France....
...Here’s Morgan Stanley: If the reports are true, and in a more normalised environment, this would imply that the potential cost incurred by Tesco as announced at the FY19/20 results, which ranged from £650mn...
...We are ... revising down our US growth forecasts further to incorporate a hit to GDP from two additional channels. First, we now account for supply chain disruptions affecting US producers....
...We expect CTAs to continue to chase upside in major European equity futures considering that (1) their long positions remain light at this point and (2) they benefit from tailwinds from higher unrealized...
...Or as Pozsar explains it: J.P....
...Still, this durability earned the banks a pretty meagre reward from the stock market. The S&P Banks index climbed about 4 per cent over the week, while the broader S&P was up about 2 per cent....
...through the P&L....
...Shares in JPMorgan Chase, Goldman Sachs, Morgan Stanley, Citigroup and Bank of America rose an average of 38 per cent last year, outperforming the S&P index by 9 percentage points....
...We estimate that the 'Positioning' business could have grown at a c.15-20% CAGR over the past few years from c.$45m in 2016 to $75m in 2019....
...Here's the bank:J.P. Morgan this month became the first US bank to create and successfully test a digital coin representing a fiat currency....
...Jacob Nell, chief UK economist, head of European economics, at Morgan Stanley: No....
...J.P. Morgan predicts a similar range....
...Debt funds are often backed by institutional investors or by credit lines from banks, who do not have to account for such lending as real estate loans....
...He also joins from Canaccord Genuity. Before that he worked at Ernst & Young and JPMorgan Chase....
...Results so far, from JPMorgan Chase, Citigroup and Wells Fargo, suggest a definite upturn in volumes. And how well did Goldman do? It was the real laggard on Wall Street last year....
...Goldman slipped off the top of the perch in Dealogic’s M&A league table in the first quarter, trailing both Morgan Stanley and JPMorgan Chase....
...The warnings came during a closed-door meeting between executives from the banks, which included JPMorgan Chase, Goldman Sachs and HSBC, and Wilbur Ross during the US commerce secretary’s visit to London...
...Job Moves Blackstone announced that J Tomilson Hill, chief executive of Blackstone Alternative Asset Management, will be moving to a new role as chairman of BAAM. John P McCormick will succeed Hill....
...More details can be found in a 2009 paper from Peter Carr and Roger Lee – two prominent academics and practitioners – about the evolution of volatility: According to Michael Weber, now with J.P....
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