Hints and tips:
...Izumi Devalier, Bank of America’s head of Japan economics, says that the evidence from these remains patchy....
...He carried a case containing a fragile piece of goatskin covered in dense writing and numbers....
...The negative interest rate may go, however, along with more changes like the recent widening of the trading band for ten-year bond yields. From April, there will be a new governor at the Bank of Japan....
...According to a UN report, a poor and rural woman is 5 times as likely as a rich urban woman to get married before the age of 18 . . . 21.8 times as likely to have never attended school. . . 5.8 times as...
...More than 20 per cent of last year’s $38bn in net new inflows came from overseas, even though 97 per cent of AUM are from North America....
...Growth is expected to top 11 per cent this year, one of the fastest rates in the Americas, as Chileans scramble to spend their pandemic savings and early retirement money by bingeing on imported goods from...
...[and] having my bank accounts closed. I’ve got house insurance but instead of paying £300 . . . I’m paying nearly £2,000....
...Interchange, merchant fees and origination fees at partner banks when kids age out of the account. How much money have you raised so far? $5.2m at an undisclosed valuation....
...Leverage is often used as a synonym for debt, for example the loans that a hedge fund might get from a bank or a margin account that a day-trader might obtain from their brokerage....
...“I don’t see it shrinking down to a handful of multitrillion dollar players,” said Janis Vitols, head of global asset management investment banking at Bank of America....
...It was 4 to 5 per cent of GDP over a couple of years, so it was 2.5 per cent of GDP in the first year, against a gap that was 6 or 7 per cent of GDP and growing, so it was perhaps a third or half of that...
...Bank of America is pushing Berkeley, the sector’s leading land hoarder and builder of high-end luxury apartments in places like Enfield, Haringey and West Ham....
...Royal Mail reported 5m letter revenues down 21.5% y/y....
...However, passenger numbers remain at very low levels. Rail accounts for the majority of UK operations and passenger numbers remain c.85% lower YoY and the air sector has been mostly closed....
...A number of AV Telegram group chats are also available....
...We take account of cost and capex savings plans already issued by several corporates, or make assumptions for those that haven’t yet, which reduce the negative impact on EBITDA from operating leverage....
...We expect delayed decision-making in B2B, which accounts for c30% of revenue at the incumbents. FX also creates challenges....
...FCA shareholders will get a €5.5bn cash payout and an additional €200m to €300m from the sale of its Comau unit....
...The art of LinkedIn A number of Twitter accounts collect the most egotistical, self-unaware, jargon-ridden posts from LinkedIn to poke fun at workplace self-promotion....
...The UK current account deficit widened out again to almost 5 per cent of GDP in the third quarter of 2018, increasing such risks....
...Within the consumer lending segment, mortgages account for 51.1 per cent of total loans, auto loans for 22.8 per cent, personal loans 20.9 per cent, and credit cards 5.2 per cent....
...The top rate of tax would come down from 39.6 per cent as the Republican reduced the number of tax brackets from seven to three: 12 per cent, 25 per cent and 33 per cent....
...China alone will see the number of over-60s jump from 209m (15 per cent of the population) today to 492m (36 per cent) by the middle of the century, according to estimates from Bank of America Merrill Lynch...
...Because these remove risk from companies, DC plans are very attractive to employers and they now account for 48 per cent of the $35.4tn pensions pot in 19 developed countries, according to Willis Towers...
...(That’s a big difference from America’s system.)...
International Edition