Hints and tips:
..., which reckons up to $60bn of 2nd lien loans will be made this year with a further $50bn in helocs....
...Plus, work from home means that lots of companies don’t need as much office space....
...So they agreed that rather than meeting in public, they would go to Gähwiler’s home for dinner....
...convince her to bring her valuable client list to the rival lender....
...This is just another cheque of that size,” the chair of the Saudi National Bank told the FT’s Samer Al-Atrush, referring to the sum that Michael Klein returned home with after the lender purchased a near...
...Thanks to a series of energy policy errors by German politicians, half of Germany’s homes depend on Russian gas for heating....
...But it masked growing internal differences about how to endure the rising economic costs of the war in Ukraine, divisions that will test western resolve as leaders face pressure back home....
...That means the bank’s leadership will need to focus on execution, better management and a multiyear rebuilding effort to win back trust....
...Trade unions criticised the move, which comes at a time when the hiring market has all but ground to a halt, and most staff are working from home with the UK under lockdown....
...securities lender, the company has said....
...Helping Gupta buy the A$35m (US$27m) home, which is owned through a trust overseen by an Australian stockbroker friend, was just one part of the service Credit Suisse offered as his private wealth manager...
...Nonetheless, when we bridge by division, we are 5% and 7% below consensus in Rental Solutions and PSI revenue respectively....
...Hold: Daily Mail and General Trust (DMGT) Newspapers do not typically fare well during times of economic uncertainty, and Daily Mail and General Trust has been no exception this year, writes Lauren Almeida...
...US home prices rise at fastest pace in more than 30 years US home price growth accelerated in April at the fastest pace in more than three decades....
...assets in its home country and the Asia-Pacific region....
...Centrica Customer and Business Solutions could also see growth slow, but we think Centrica’s UK Home Services division could be hit harder; our current divisional forecast is for c. £270m of adj operating...
...James Anderson, who has managed the £17.5bn Scottish Mortgage Investment Trust since 2000, will step down in April next year. Read more here....
...Epstein’s Financial Trust Company bought 263,257 shares in Apollo during its IPO....
...“The biggest challenge has been developing a rapport and trust with new clients — that’s been really hard,” said Javier Oficialdegui, co-head of global banking at UBS....
...The rising tide of demand for digital services in 2020 lifted many boats, as working, learning and playing from home took off....
...In 1998, after years pondering how to crack the US market, the German lender set the record for the largest foreign takeover of an American bank with its $10bn purchase of Bankers Trust....
...ING had grabbed only about 3 per cent of Australia’s home loans and deposit market, he said....
...Paul Lynam, chief executive of Secure Trust, a specialist lender, recently told the FT: “HSBC in particular is trying to hoover up market share and [is] driving prices down.”...
...UK investment trusts have fallen to their steepest discount since the financial crisis....
...The display of Americana was a celebration of Deutsche’s $10bn acquisition of Bankers Trust, a Wall Street institution that propelled Germany’s biggest lender into the global big league....
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