Hints and tips:
...HSBC USA is in the process of selling hundreds of millions of dollars of commercial real estate loans, potentially at a discount, as part of an effort to wind down direct lending to US property developers...
...David Bell: It will stagnate, probably doing as badly as other advanced countries (USA excepted)....
...Simon Wells, chief European economist at HSBC: The UK is likely to underperform the eurozone through 2023....
...David Bell: Its armoury to control supply-side inflation is limited....
...V. A month in, the occupation in Zuccotti Park — or Liberty Plaza — was becoming more permanent. Problems were emerging too....
...For the UK’s FTSE 100, 13 blue-chip companies are withholding £2.7bn of payments for either 2019 or 2020, according to Russ Mould at AJ Bell....
...HSBC, in common with its UK bank peers, suffered the “mandated” cancellation of its 2019 final dividend and a “block” on dividends during calendar year 2020....
...We arrive at favourable answers for all four: we expect a V-shaped recovery. Even if 2020 is down €-5b, 2021 will be up by €+8b....
...Quick Hits — What’s on the markets radar HSBC tolls for UK banking — When a “boring” bank reports disappointing results, the alarm bells should ring....
...This brightening picture has attracted Ping An, China’s biggest insurer, to build up a stake of more than 5 per cent in HSBC, becoming the bank’s second-biggest shareholder....
...Simon Wells, Chief European Economist, HSBC It’s hard to see where an acceleration can come from....
...Stephen King, group chief economist, HSBC Investment Bank Following sterling’s decline, there’s a good chance that inflation rises to 3.5 per cent by year end....
...Stephen King, group chief economist, HSBC Investment Bank At the moment, the chances are that the BoE will do nothing....
...“UK growth will continue to surprise on the upside in 2017,” said Marian Bell, a former member of the Bank of England’s Monetary Policy Committee....
...Stephen King, group chief economist, HSBC Investment Bank There’s room if needed for a further over 1 per cent of GDP stimulus within Hammond’s new framework....
...Stephen King, group chief economist, HSBC Investment Bank Ask Nigel Farage. Apparently he knows....
...Stephen King, group chief economist, HSBC Investment Bank Feel about the same as 12 months ago I feel about the same as I did earlier....
...Stephen King, group chief economist, HSBC Investment Bank If immigration falls, the UK economy as a whole is likely to suffer....
...Masterpieces of Chinese Painting: 700-1900, edited by Zhang Hongxing, V&A Publishing, RRP£40/$60 The world’s oldest painting tradition explored in the glorious catalogue to the V&A’s current, once-in-a-lifetime...
...(Financial Times) - The Google v Oracle case could have big implications for the software industry....
...They are: Bank of America, Barclays, Citigroup, Credit Suisse, Deutsche Bank, HSBC, JPMorgan Chase, Lloyds, Rabobank, Royal Bank of Canada, Bank of Tokyo-Mitsubishi , Norinchukin Bank, Royal Bank of Scotland...
...When did Citibank start reviewing blogs to decide who can bank with them?...
...The two private equity firms join banks such as Citibank, Bank of East Asia and HSBC in their ability to offer renminbi products....
...Dyfrig John, ex-chief executive, HSBC bank UK. Phyllida Lloyd, theatre director. James Loughran, classical conductor. Ian Luder, former City lord mayor....
...7) Not only are there serious questions about whether or not JPMorgan Chase, Goldman Sachs,Citibank, Wells Fargo, Sun Trust Bank, HSBC Bank USA, can continue in business, more than 1,800 regional and smaller...
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