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 riskiest, most beat-up members of the group (KeyCorp, Comerica, Zions, Western Alliance et al) rose the most....
...SF: You wrote earlier this year that the long period of lax monetary policy had created increased systemic risks. The context for that was the turmoil around Silicon Valley Bank, et al....
...The recent rise of the Faangs, et al, looks like a knee-jerk reaction to the fall in rates and rate expectations that followed the banking mess (the 10-year yield has fallen from 4-ish per cent to 3.6-ish...
...In the old days, such financing would be the coveted preserve of syndicated loan powerhouses such as JPMorgan, Bank of America or Citigroup....
...But as Steven Kelly of the Yale Program on Financial Stability pointed out to me, Yellen et al will need the goodwill of the big banks should some other bank or banks get into trouble....
...Need to know: Global economy Sultan Al Jaber, the president-designate of COP28 and head of the Abu Dhabi National Oil Company, promised to “supercharge” global climate finance, finalise a $100bn fund to...
...If we are right that consumer spending, despite some recent softening on the margin, is still at or above trend, that is another thing for Powell et al to fret over....
...al) wouldn’t bring globalisation to a halt....
...The Bank of England is under pressure to announce a hefty rise in rates tomorrow, while European Central Bank president Christine Lagarde has also stressed the need for swift increases....
...In the second quarter of this year, growth in card loans at JPMorgan Chase, Citigroup and Bank of America were 0 per cent, -5 per cent, and -10 per cent, respectively....
...“If I think of the amount of pressure I’m under as a deposit taker and the care and attention I have to take when providing unsecured lending to younger people, it is staggering me that Klarna et al are...
...The same, of course, applies to Le Pen et al in Europe. I don’t know Israel nearly well enough to prescribe a solution to the deep-seated Palestinian-Israeli crisis....
...That would be “Die Deutsche Bank Filiale Nurnberg v Humphrey”, which says “the exchange rate from the date of domestic judgment should be used”....
...The global community should be looking to rest, adjust or trim the ways things are, on a regular basis otherwise there will be imbalances allowing Trumps et al to garner support to deal with greater accrued...
...et al, with just $9bn on legacy oil and gas....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...Chetty et al. (2017) find that there is a 14 years life expectancy gap between top and bottom 1% males in the US, and that this gap has widened since 2001....
...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....
...Either Trump is right, and there’s a deep state conspiring to sow fake links between him and the Kremlin, which requires a leap of magical thinking, or else the FBI et al are closing in on their prey....
...challenges in a range of middle-level EMs — Pakistan, Lebanon, Ukraine, Ecuador, Bahrain, et al....
...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....
...If it is not assured of pan-EU access to clients from London, then Paris is the next best hub, given the location there of a clutch of asset management companies (Amundi, Axa et al) for which its staff execute...
...The relationship is a symbiotic one of aligned interests. China wants to lead in tech, so having two players chasing the market caps of Facebook et al is a plus....
...Reed Hastings never had to work out a way of collecting money without credit cards, or to fret about data servers — actual physical boxes holding 170 terabytes of House of Cards et al — being stranded at...
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