Hints and tips:
Related Special Reports
...resolve the fate of $2bn of Venezuelan central bank gold reserves held at the Bank of England....
...Bank of America cut the compensation of its top executive Brian Moyniahn by 3 per cent, or $1mn to $29mn in 2023, a year when the company’s bottom line shrunk and its stock lagged rivals....
...Bank of America has sent “letters of education” to employees who have not been showing up at the office, warning them of disciplinary action, in the latest move from a large company to push staff back to...
...Third-quarter profits at Bank of America beat expectations, but growth lagged rivals because the bank still has hundreds of billions of dollars of low yielding bonds that it bought during the pandemic....
...JPMorgan, Bank of America, Citigroup and Wells Fargo all reported quarterly earnings on Friday. JPMorgan was alone among the group in posting record net profits for the year of $49.6bn....
...Only 17 per cent of the fund managers polled by Bank of America expect a so-called hard landing — which typically implies a recession — for global growth, the smallest proportion in 19 months....
...However, to do better, we also believe that the World Bank must include the fundamental issue of transparency among its priorities....
...Brian Moynihan, the chief executive of Bank of America, said he expects the US economy to experience a “soft landing” next year instead of a recession....
...Bank of America’s monthly poll, published on Tuesday, showed that in November fund managers had the biggest bet on rising bond prices since 2009....
...Citi, JPMorgan and Bank of America have all gotten in....
...But of course, we have Homer and Sylla’s “A History of Interest Rates” on our bookshelf too, so this extremely-long-view chart from a recent Bank of America Flow Show note seems OK, mostly?...
...More than 70 per cent of the titles eligible for Tuesday’s debt swap were held by public sector entities, including the central bank and Argentina’s social security agency, almost all of which accepted the...
...Latin America’s biggest development bank plans to increase lending by about $112bn over the next decade, pushing up annual loans by almost half following an increase to its firepower and internal reforms...
...In early November, the bank confirmed it was on track to generate an operating profit of at least €240mn in 2023....
...and recycling IMF special drawing rights including to the African Development Bank’s new asset class of hybrid capital....
...We show the cohort of banks that meet either criteria in terms of share of bank loans and bank and non-bank loans/ debt....
...Email alphaville@ft.com with the subject line PQNYC2024, CCing up to five prospective team members for a maximum team size of six. Give the mobile number of the team captain and your team’s name....
...Some, like Kidjo, were famous in their own right: banks of cameraphones were hoisted for an appearance by Nigerian star Kizz Daniel....
...The high leverage of banks is largely byproduct of safety nets embedded in insured deposit funding and ability of banks to issue money like claims....
...Europe is mired in gloom; America celebrates a boom Speaking of miserable Europeans, I’ve heard a whole bunch of nonsense about economic effects of the brief premiership of Liz Truss, much coming from the...
...The writer is professor of global economics at the MIT-Sloan School of Management, former external member of the Bank of England’s monetary policy committee and member of the White House Council of Economic...
...CLS is the main platform where the majority of foreign exchange trades are settled, and relies on a time window when all major central banks’ real time gross settlement are operational....
...Inflation last year ran at 30 per cent, according to the central bank, and there are frequent power blackouts and shortages of food and medicine....
...That provides an upper limit for how far deposit costs can rise, and provides some relief for lingering worries about the unrealised losses in the bond portfolios of Bank of America and JPMorgan....
International Edition