Hints and tips:
...In London, Benjie Veiga-Lane, 27, the managing director of the events company MAD BVL, carries a 1996 green taiga leather Louis Vuitton “Robusto”, which he bought in a vintage shop in Portobello Road in...
...“We’re quite open to comment, and we want to improve the rule before we get to a final rule,” said Barr. “We do care very much about access to credit for low and moderate income borrowers....
...Director’s spouse picks up Barr tab The spouse of a director at AG Barr has bought £59,300 worth of shares in the FTSE 250 drinks company....
...Its portfolio includes aggregates, cement, concrete and increasingly roofing products....
...Over at the Marley roofing products business, revenue rose 36 per cent to £180mn due to consolidation effects — the company bought roof tile maker Marley at an enterprise value of £535mn back in 2022 — but...
...Corporate updates: Gibraltar-based gambling group 888 Holdings publishes its full-year results alongside rival Flutter Entertainment, Scottish drinks makers AG Barr and Fever-Tree Drinks....
...Marxist-Leninist thinking: an attack on the Aramco pipeline, which pumped Saudi oil to the Mediterranean through the Golan Heights, struck a blow not just against the Israelis (who had seized the Heights) and the oil company...
...It is tough running a company for a long time. It is just as tough following such incumbencies....
...That’s the Shanghai Shipping Exchange Shanghai (Export) Containerized Freight Index, aka SCFI, which has been roofing of late because of the Red Sea Crisis....
...Above all, Barr is interested in playing games differently....
...Fedspeak: US Federal Reserve vice chair for supervision Michael Barr will speak about bank regulation....
...Earnings: Oil major Shell, beverage maker AG Barr and air carrier Icelandair will report, as will casino operator Rank Group and biopharma companies Novozymes, Roche and Sanofi....
...On trading risk, “quality standards” should be imposed in banks’ internal risk measures, and risk should be measured at the product or trading desk rather than at the holding company level (this change likely...
...Michael Barr, the Fed’s vice-chair for banking supervision, has indicated it is unlikely, saying this week it “really was established as an emergency programme”....
...Federal Reserve vice-chair for supervision Michael Barr had gold-plated the Basel rules, provoking a fierce backlash from Wall Street’s finest....
...Barr said that the proposed rules would require banks to hold an extra $2 of capital for every $100 of risk-weighted assets....
...It is also investing globally in less-polluting building materials, including heat-reflective roofing materials....
...It has a green-roofing business that helps to control storm water and absorb carbon dioxide and its customers include Hong Kong’s Chek Lap Kok airport. It yields 7 per cent....
...“We’re open to comment that is evidence-based, that’s analytic, that demonstrates that the risk-calibration should be different,” said Michael Barr, the Fed’s vice-chair for supervision, on a Bloomberg podcast...
...Michael Barr, who oversees bank supervision at the US Federal Reserve, said on Friday that regulators “have been closely focused on banks’ CRE lending”, including “how they are reporting their risk” internally...
...But crises happen in 8Ks — the normally innocuous ad hoc filings that also accompany company emergencies — not 10Ks....
...Elsewhere, vice-chair for supervision Michael Barr will discuss community reinvestment at a conference in Washington....
...BUY: AG Barr (BAG) Cost pressures hit margins, but revenue and profit progress demonstrate the strong brand equity on offer, writes Christopher Akers....
...Discount retailer TJX Companies is also reporting earnings before the bell....
...The North American unit is a leading producer of cement, concrete and roofing, and generated about $11bn of net sales last year, roughly 40 per cent of the group’s total....
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