Hints and tips:
...It also puts money with a number of managers in which Blackstone has a financial interest....
...“We have verbally offered them Silver Bank lc [letters of credit] solution,” Gupta told Oikonomou in a January WhatsApp message quoted in the affidavit....
...The penalty comprised £14mn for failing licensing standards at LC International, which runs Entain’s gaming websites....
...“It was a grave mistake,” says Codogno, who now heads London-based consultancy LC Macro Advisors....
...The £17mn settlement was already accounted for in the group’s latest financial statements....
...Not only have they relaxed some of the more stringent criteria for scoring a coveted place in their grand fairs, they are even offering various kinds of subsidy and financial help towards the high costs...
...Yoshinori Isozaki, chief executive, told the Financial Times in an interview that the pivot was Kirin’s “second revolution” after branching out to pharmaceuticals in the 1980s....
...financial innovation....
...Draghi’s potential ascent to the presidency had raised anxiety in Italy’s business community, European capitals and in financial markets, with widespread concern that a less formidable successor as prime...
...In August the Financial Times revealed the first snapshot in a decade of the scale of Mr Lagardère’s debts when it published figures from LC&M’s 2017 accounts....
...“Financial markets celebrated, and I think the rally may continue. However, keep an eye on the next steps as it remains a minefield,” said Lorenzo Codogno, founder of London-based LC Macro Advisors....
...Balance sheets are used as the basic metric for assessing financial lending and they have proven to be blunt tools....
...LC&F never acquired formal bank status, lurking in the penumbra of the “shadow” financial sector, where it was easier to prey on passing savers....
...But the recent rally in sovereign debt markets means the savings may not prove decisive, calculations for the Financial Times suggest....
...Consumer grew 11% LC on a pro-forma, basis, vs. flat LC PF performance last quarter....
...That was the sound of the UK’s Financial Conduct Authority cracking down on the mini-bond market....
...need to know what his financial guarantee is worth....
...In October a French commercial court demanded Mr Lagardère publish a decade of annual accounts for LC & M, another of Amber’s demands....
...The current shock may be “symmetric,” said Lorenzo Codogno of LC Macro Advisors, “but the policy response might be asymmetric because of the different fiscal space in different countries.”...
...Amber has taken legal action against LC&M to try to force the company to publish its financial accounts, according to two people familiar with the matter. Amber declined to comment....
...The extent of the financial problems at Mr Lim’s Hin Leong Trading only became clear to its lenders last Tuesday....
...This year Amber took legal action against LC&M to try to force the company to publish its financial accounts. The case is still in progress....
...Shareholders need to know: what is the financial guarantee of Mr Lagardère actually worth? harriet.agnew@ft.com...
...“We’ve seen scandal after scandal in the finance industry since the crash, whether it’s the failure of Woodford Equity Income Fund, the collapse of LC&F, or the HBOS fraud,” said Mr McDonnell....
...There is rightly a great deal of interest in what happened at LC & F and the role of the FCA....
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