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....
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...Bond ETFs have been a bright spot for BlackRock after a year when its overall assets under management shrank by nearly 15 per cent to $8.6tn....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...We are a software as a service business. We charge banks a transactional fee. Every loan that we analyse is a transactional charge....
...He succeeds Phil Piddington, who will make a “transition into non-executive management” according to a statement from the company....
...In these areas companies are expected to prosper from the acceleration of digital services spurred by shutdowns, homeworking and social distancing....
...Passive fund management is a big success built on a big fallacy. The late Jack Bogle’s sales pitch encapsulates it: “Don’t look for the needle in the haystack. Just buy the haystack.”...
...On the last Sunday of April 2019, a sleek Gulfstream V jet belonging to Occidental Petroleum touched down at Omaha airport....
...In an email at the time to Gregory Hayes, UTC’s chief executive, Mr Ackman said he could not “comprehend the strategic logic” behind the deal....
...Mr Faissola was a senior executive at Deutsche, whose positions included head of asset management and head of commodities and rates....
...WPP will also reduce is planned capex from £400m to v£300m....
...Mr Lorenzo was promoting a debenture offering in Waste2Energy Holdings Inc — a now-bankrupt company which was claiming it had technology that converted waste into clean energy....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...China’s troubles with Donald Trump could be an opportunity for Japan Inc....
...Qubits v bytes: how quantum computing works Quantum computing taps into the quirky behaviour of sub-atomic particles, which bend our normal understanding of physics....
...The US aerospace and defence giant issued a statement hours after the management laid out the terms of the deal....
...The Japanese wealth management market, which rival Japanese banks tend to service through brokerage services, offers ample opportunity for MUFG....
...Spotify, the music streaming service, plans to list existing private shares directly on NYSE as soon as the fourth quarter rather than doing a formal IPO....
...A 2009 Supreme Court case involving prescription drug labels, Wyeth v Levine, greenlighted state laws that are stricter than federal laws....
...On Monday, the London commercial court will hold its first case management hearing for the lawsuit brought by LBIE, which is seeking to recoup any claims it faces beyond its surplus from a separate entity...
...The active management of legacy fleet costs is a really big thing....
...Battery management software in both Android and iOS now kicks in to preserve the life of the phone by cutting background processes to essentials, such as calls and texts....
...Mr Cooperman has also said that the US Attorney in New Jersey’s investigation of him and his firm is on hold, “pending the Supreme Court’s decision in Salman v United States”....
...Algos v quants A rising fund manager star at T Rowe Price predicts that computers will become increasingly important in asset management, supplanting the industry’s traditional backbone of human stock pickers...
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