Hints and tips:
Related Special Reports
...“They are overriding our local decisions [and] demoting American leadership,” said one current senior US employee....
...Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment from one of the US...
...With a presence in 11 countries, Wellhub is a rare instance of a Latin American technology business accomplishing success outside of the region....
...Most of the group’s business comes from China, where ByteDance runs TikTok sister app Douyin and a growing in-app ecommerce business....
...The company was bought by US buyout group American Securities in 2011 before Apollo agreed to acquire it in 2014....
...The retailer said there were levers it could pull to offset this, such as growing its co-branded credit card business....
...About two-thirds of American companies are incorporated in Delaware, attracted to the small, mid-Atlantic state by its sophisticated legal system....
...Merchants are currently able to charge an extra fee for consumers who use American Express cards, but Visa and Mastercard have blocked sellers from doing so for their users....
...Their high-margin business model remains intact. Visa and Mastercard set interchange rates, which can average between 2-4 per cent of the transaction amount. But they only get a small slice of this....
...Likewise, the technology can offer personalised financial advice to Credit Karma users and help generate marketing content for customers at MailChimp....
...Chief among them: the airline’s long-standing credit card deal with American Express....
...Americans have gorged on billions of dollars of credit card debt over the past three years....
...Barings added that Corinthia, which was founded by former real estate executive Paul Weightman in 2022, continued to contact other employees within its private credit business in the days that followed....
...That’s because Preqin — the main data source for private credit funds — apparently undercounts business development companies and doesn’t account for leverage....
...One scoop to start: Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment...
...Every fortnight, retired business owner Carolyn Davis drives more than 300 miles from her home in Florida’s Pensacola Beach to a hospital in Atlanta, Georgia, for an hour-long infusion of a novel medicine...
...For connoisseurs of the unique form of abstract art that adorns modern-day bond prospectuses, here’s the structure diagram: Writing margin loans against paintings is not a particularly new business line...
...“However, if you are the kind of person who flies business class everywhere, then it is a genuine saving.”...
Americans account for 14% of users but their revenue contribution will be higher
...“I think a lot of people are now expecting pretty meaningful erosion of AbbVie’s US Humira business this year,” he said....
...Since founding SIG in 1987, Yass has built a business on making many small bets with the potential for outsized payouts....
...Barnum said JPMorgan’s $2.8bn provision was primarily driven by loan growth at its credit card business — as banks make more loans they need to build provisions for a certain amount of losses — and “the...
...Capital for the loans would come from overseas credit funds and local banks, Arora said....
...Shareholders in the current US business will hold the remainder....
...Then, GLP-1 anti-obesity drugs hit the market, long-time spokesperson and board member Oprah Winfrey announced her departure, and the company’s credit rating was downgraded....
International Edition