Hints and tips:
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Job moves American Express chief financial officer Jeffrey Campbell will retire in August after 25 years at the credit card group. He’ll be replaced by deputy CFO Christophe Le Caillec....
...It limits credit risk and is available on the exchange.”...
...A Texan, born and bred, he has been in the industry since the 1970s and founded CrownQuest Operating, based in Midland, Texas, in the mid-1990s....
...It is not yet clear how involved Musk intends to be in Twitter’s day-to-day management....
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...These included credit card terms and conditions, and the process behind fulfilment of mortgages....
...The potential for a squeeze in corporate profitability is starting to loom larger for the investors and analysts who track USA Inc. It’s not hard to see why....
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...But to experts in corporate treasury management, the move makes almost no sense....
...Jefferies and fellow underwriter Credit Suisse are set to lose money, however, after most debt investors balked at NSO’s deal owing to corporate governance concerns....
...Credit markets also tallied losses, with a closely followed fund that buys junk bonds, known by its ticker HYG, declining 0.7 per cent....
...We believe one of the most expensive forms of credit is no credit.”...
...On the last Sunday of April 2019, a sleek Gulfstream V jet belonging to Occidental Petroleum touched down at Omaha airport....
...Job moves Jason New has joined Onex Corporation as co-chief executive to lead the investment management group with Stuart Kovensky....
...Your sure start, your tax credit, your childcare....
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...Last month, JLR chief executive Ralf Speth told the FT’s Future of the Car Summit that the company “has a plan” for the Midlands site, which has long been rumoured to include making electric vehicles....
...Peter Campbell in London 90....
...WPP will also reduce is planned capex from £400m to v£300m....
...Also, Tesla customers in the US were still able to claim a full $7,500 tax credit on their purchases....
...factor,” says Keith Ashton, the co-head of structured credit at Ares Management....
...The four new hires were announced by Nat Zilkha, the KKR head of alternative credit who will serve as Gibson’s chairman....
...But several top bankers told DD that the credit markets remain wide open as investors’ appetite for absorbing debt is as strong as ever....
...Credit Suisse was the sole underwriter of the Social Capital flotation. Shares were allocated to a concentrated group of investors, including mutual funds, hedge funds and sovereign wealth funds....
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