Hints and tips:
...In today’s newsletter: Cisco’s $28bn Splunk takeover Private equity credit in Paris Mike Ashley, Archegos, and Morgan Stanley The big winner’s from Splunk’s sale Activist investor Starboard Value is...
...At the end of last year, just over half of the Wharf’s tenants were financial institutions, including JPMorgan Chase, Morgan Stanley and Credit Suisse....
...He lives in a residential home a long way from me so I cannot visit him every week....
...The solution? A new hub in Málaga which Citi hopes will boost morale in a more cost-effective way....
...The executives behind the Blackstone transaction see themselves as part of the solution....
...The industry faces a PR crisis; COVID-19 and big pharma’s pioneering role in providing a solution to the pandemic may be a counterbalance to these reputational issues....
...We see excitement about Next’s online business as misplaced… On our new analysis 64% of Next’s UK online sales last year were made on its in-house credit, leaving it vulnerable as the credit cycle weakens...
...WPP will also reduce is planned capex from £400m to v£300m....
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...Many solutions have been proposed to save the exiting paradigm: none are silver bullets....
...He credits Uber with delivering the functionality to make a novel legal idea work in the real world. “The technical people there never said ‘no’,” he says....
...For instance Fannie Mae and Freddie Mac, which stand behind US residential mortgages, tend to require credit information from all three agencies before they sign off on a loan....
...That assumed a “reduction in charger fraud, restructuring of mechanic program, and batching credit card charges.”...
...A version of this article was first published by the Nikkei Asian Review on July 4 2018. ©2018 Nikkei Inc. All rights reserved....
...“I do give Facebook some credit. They do in general terms accept the impact tech is having. But it’s been a long road.” It is an uneasy cohabitation....
...Steve Ashley, the former Royal Bank of Scotland executive who is now Nomura’s joint head of wholesale, cut his teeth in fixed income....
...One residential solar company, privately held Sunnova Energy, has broken ranks with its peers and written to members of Congress urging them to allow the credit to fall....
...Photographs: WeLive; Johnny Wolf; The Collective; Mekko Harjo; Monadnock Construction Inc...
...Let me give credit where credit is due. Many in the soft drinks industry recognise there’s a problem and have started to reformulate their products....
...Says Mr Duignan: “Unsolicited commentaries may not be the best solution but they are a far better solution than remaining silent.”...
...(Financial Times) In response to regulation, Goldman ditching less profitable clients and changing rules for hedge funds (WSJ) Argentina v holdouts: plus ça change (Financial Times) Espírito Santo: the...
...A slowdown in China’s residential property sector, where the construction boom has saddled many areas with oversupply and falling prices, has led to weakening steel demand....
...● Ashley Kovas, previously group head of compliance policy at Royal Bank of Scotland, has joined Bovill, the specialist financial services regulatory consultancy, as head of funds....
...(Bloomberg) Shareholders have criticised security company G4S, after it announced a big pay rise for Ashley Almanza, who took over as chief executive last June....
...As president of V+ Development Solutions, Mr Boling heads a new corporate division charged with achieving balance between the economic, environmental and social impacts of the energy company’s activities...
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