Hints and tips:
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...The pandemic period has also been one of growing inequality in global wealth....
...The past five years have seen more innovation in the payments industry than during the previous two decades, the chief executive of Visa, Al Kelly, told me when we chatted for the FT’s Global Banking Summit...
...Foroohar is the FT’s global business columnist Mariam Al-Mahdi Politician, SudanBY ORLA RYAN Some battles last a lifetime....
...Citigroup has recruited Harry Naysmith as vice-chair of its south-east Asian banking and capital markets advisory business, per Bloomberg....
...Khaldoon Al Mubarak, Mubadala’s chief executive, said its investments would be “a sizeable number, appropriate for these sectors in order for us to make the right scale and returns”....
...We expect to learn more at tomorrow’s capital markets day. Elsewhere in sellside. Citigroup upgrades Rio Tinto, the mining company and enemy of God, on the back of stronger-for-longer iron ore....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...Recent medical literature suggests that severe manifestations of COVID19 may be due to tissue damage caused by severe immune dysregulation (Li H, et al; The Lancet; April 2020)....
...When sages speak Here is a thumping research report from Jonathan Woetzel, Jeongmin Seong et al from the McKinsey Global Institute....
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...Mr Trump et al do not have any answers. To the contrary, the US president’s fabled “base” will be losers from his trade wars. They have already been robbed by his tax cuts for the very rich....
...Not only are their populations furious about being perpetually swindled, but corruption in emerging markets has global implications....
...This was disproved by the trial of US v Zarrab et al, in which a Turkish banker and a gold trader were convicted of laundering Iranian oil and gas revenues....
...HarbourVest Partners, a private markets asset manager, has hired Simon Jennings as a managing director. Before joining HarbourVest, he was the global head of private equity at HSBC....
...We suppose, before getting to what might stop this, one should probably discuss what’s hitting the Wunderbund et al. Still early in the day, after all....
...For a company like Rural that is traded on a major exchange, ―[t]urnover measured by average weekly trading of . . . 1% would justify a substantial presumption‖ of market efficiency. 5 Bromberg et al., Bromberg...
...And this “managed” approach will still get China what it wants: recognition that the renminbi is a major global currency and that Chinese financial markets are of global significance This is all obviously...
...But overall global equity market valuations do not seem to be in bubble territory yet....
...The prince shot to prominence as a global investor through his 1991 acquisition of a $590m stake in Citigroup, since when Kingdom has expanded into sectors such as hotels and media, including owning 7 per...
...Market Overview fame....
...Dodd Frank rule-making to date: April 2012 was a pretty big month in Dodd-Frank Act rulemaking; the SEC and CFTC agreed how to define “swap dealer”, “major swap participant”, et al. under Title VII of the...
...This structural transformation is rarely the product of unassisted market forces....
...Either the sovereigns that matter will, after many years of austerity, restore solvency or there will be orderly restructuring of Italy, Spain et. al. in addition to Greece, Portugal and Ireland....
International Edition