Hints and tips:
Related Special Reports
...The main body for clearing Treasury trades is the Fixed Income Clearing Corporation....
...“But that doesn’t mean that they are not committed to it . . . The rhetoric is a lot more cautious.”...
...And if it doesn’t, the EU should pursue a digital services tax,” said Paul Tang, a member of the European parliament from the Netherlands working on tax issues....
...BBs have outperformed this year (they are ~80bp tighter ytd, see chart on the bottom right) but remain vulnerable to collateral deterioration....
...The ECB, for its part, has said that it lacks data on asset-backed securities and other structured products issued by financial corporations that are eligible as collateral....
...The Internal Revenue Service said on Wednesday that it was preparing “dozens” of audits of large corporations, partnerships and high-income taxpayers to see if their use of jets had been properly designated...
...collateral rather than the deal originator’s ultimate owner....
...Shouldn’t voters love all of this?...
...But, awkwardly, Britons don’t seem to be in the mood. A poll for YouGov found that only one in four respondents favoured prioritising tax cuts over funding public services....
...Formed in 2019 by a tie-up between BB&T and SunTrust, Truist lost nearly $5bn in the quarter, down from a profit of $1.6bn in the same quarter the year before....
...The last big merger between two banks occurred almost five years ago, when regional lender BB&T bought SunTrust for about $28bn in a $66bn deal, forming Truist....
...“You don’t just walk in and ask for a bond.” As with the fraud trial, a crucial question will be just how much money Trump actually has on hand....
...It follows a broader trend in professional services....
...TMTG plans to launch the on-demand streaming service next year and estimates it will have 4mn users by 2026....
...That bond was underwritten by a subsidiary of the Chubb corporation....
...They relied heavily on big depositors, those with accounts too large to be protected by the Federal Deposit Insurance Corporation....
...“Using assets that don’t belong to you as collateral is pretty close to an indirect seizing or a commitment to future seizing, which could have exactly the same effects on the markets as a direct seizing...
...Don’t we advise companies on this?”...
...“Younger talent doesn’t want to take one job and work for 40 years and get a measly buyout when they’re done,” said Allan Koltin, M&A consultant to accounting firms....
...KKR was also holding talks with large corporations and other private equity buyers about potential asset sales, they said....
...Yes, things would undoubtedly have gotten hairy hadn’t the Fed gone full ape in 2020....
...Why not use their Warhols and Rembrandts as collateral? War room Amazon took on a secret mission to beat Trader Joe’s. It was just one step to total dominance, The Wall Street Journal reveals....
...But PE can’t acquire a company that won’t sell at a plausible price....
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
...When combined with the ability to fractionalise assets, it could have huge implications for financial services....
International Edition