Hints and tips:
...In this case: what if Rocky Balboa was just a chill little guy?...
...Craig Coben is a former senior investment banker at Bank of America, where he served most recently as co-head of global capital markets for the Asia-Pacific region....
...San Francisco is even planning to open a parking lot near Balboa Park, south of the city centre, that will act as a place for people to park overnight, with showers and bathrooms supplied....
...The Panamanian balboa, another currency tied to the dollar, has fallen 6.1 per cent in REER terms....
...Panama’s banking regulator took control of Balboa Bank & Trust after the US blacklisting and the markets superintendency took control of Balboa Securities Corp, a broker....
...Panama’s niche as a shipping and logistics centre continues to bolster growth in its capital city....
...Next year marks the 500th anniversary of the European discovery of the Pacific after Vasco Núñez de Balboa was lured by an Indian cacique’s promise of “another ocean, where there is plenty of gold.”...
...The FT says largest US lender has been selling extraneous businesses to refocus on its core operations of retail and commercial banking in the face of new regulatory rules that will boost capital requirements...
...The move is part of efforts to improve the bank’s capital, says the FT....
...The bank’s CEO, Brian Moynihan, under pressure to raise capital, last year sold assets including First Republic Bank and a stake in BlackRock....
...BofA has shed businesses and equity stakes to help shrink its balance sheet, add capital and fulfil obligations from its agreement to repay government aid the bank received during the crisis....
...QBE’s ambitions have been constrained not by geography or product but by the regulator’s minimum capital requirement, over which the company likes to keep a buffer of at least 1.5 times....
...One of the most visible signs of change is the gleaming wall of tower blocks facing the Pacific on Panama City’s Avenida Balboa....
...Balboa, the mortgage-related home insurance arm of Bank of America, which originally came with its purchase of Countrywide Financial, has apparently attracted the interest of at least 10 private equity groups...
...and insurer Balboa....
...BofA believes it can raise $6bn to $7bn of after-tax capital from the sale of assets such as private bank First Republic, administration group Financial Data Services and insurer Balboa, say people familiar...
...But the capital raise went better than expected....
...Some of the capital’s most popular restaurants – Mostaza, Las Bovedas, Manolo Caracol, Scena – are among the businesses moving back there....
...MGM has released about 40 films made by other companies since it was taken private but has produced only two: Rocky Balboa, which was a modest success, and Lions For Lambs, made by its United Artists division...
...Arriving at the sea’s edge has long been a moment of delight for human beings, whether they be children anticipating a beach holiday, Vasco Núñez de Balboa seeing the Pacific for the first time, or Xenophon...
...In the financial sector, credit is growing apace and levels of capital and reserves are building up fast....
...He may not be Rocky Balboa. But the Rock made it to Washington and secured something that anti-war activist Cindy Sheehan has not achieved – a meeting with George W. Bush....
International Edition