Hints and tips:
...Aspen, Apollo, Goldman, Citi and Jefferies declined to comment. Industry title Insurance Insider previously reported Aspen was planning a US IPO....
...“Any payment above this level may put pressure on Disney’s equity,” Citi analyst Jason Bazinet wrote in a recent research report....
...another reminder of that overnight from Bloomberg News, which has gotten its mitts on some financials that the otherwise secretive Jane Street revealed as part of its borrowing programme: Jane Street Group LLC...
...Analysts at Citi upgraded the stock to a “buy” rating two weeks ago after the initial price decline, which they said was sparked by concerns over higher capital spending, betting the company’s buyback program...
...Eventually, they would tire of holding cumbersome, zero-interest cash, and put it to use. Velocity would rise again. And in the 1960s and 1970s, several measures of velocity did indeed look stable....
...Since leaving Citi in 2008 with a $42mn payout and a new nickname (“the most highly paid banker in the world”), Klein took on the lucrative role of being an independent go-between on megadeals, most notably...
...The feud stemmed from a $900mn term loan administered by Citi on behalf of Revlon....
...PM: One of the best lines . . . was it would be like Citi Bank owning the New York Stock Exchange. Do you remember this line? DS: . . . as if Goldman Sachs owns the New York Stock Exchange....
...private lenders for over $1bn (FT) Twitter ‘cannot become a free-for-all hellscape’, says Elon Musk (FT) Danske Bank braced for money-laundering fines of $2bn (FT) Billionaires Slim, Larrea face off for Citi...
...A new hub in Málaga which Citi hopes will boost morale in a more cost-effective way....
...In a report earlier this week, analysts at Citi said Pearson represented a “relative safe haven” for investors with significant cash returns and operating profit that offered a “decent buffer to margins...
...The CookFox studio, on the 17th floor of the old Fisk Tire Building, is a biophilic showroom....
...But Richemont still trades at a roughly 10 per cent discount to the sector, according to Citi analyst Thomas Chauvet....
...Just over a year later, Citi needed to be bailed out....
...Most trading has historically happened over the phone and via big investment banks such as Barclays, Goldman Sachs, Deutsche Bank or Citi, and even actively-traded corporate bonds often only see a few deals...
...Coulter at Citi thinks the fuel forecourt portfolio owned by Clayton Dubilier and Rice, another potential bidder for Morrisons, would provide a sizeable convenience store pipeline and the opportunity for...
...Citi believes it could be worth as much as $6bn — or five times estimated 2021 ebitda — as a standalone company. A strong stock market certainly helps....
...Because the current market is so small, virtual schools could be attractive to investors even if the number of children enrolled rises to just 2 or 3 per cent, said Citi analyst Thomas Singlehurst....
...Of the 21,175 corporate bonds outstanding in the US in 2018, only 246 of them traded at least once a day that year, and a sixth did not trade at all, according to Citi....
...payments for its journalism (FT + Lex) For Griffin’s return to Washington, Citadel is a ‘bigger target’ (BBG) Nestle to sell North American water brands for $4.3bn, focus on premium lines (Reuters) Citi...
...The new accounts — all carrying the name Plex, as in Citi Plex — will need to meet a set of specifications set by Google, for instance with no fees and no minimum balance....
..., Goldman Sachs, Google, City National Bank, UBS, Citadel LLC, Barclays, Credit Suisse, Salesforce and more....
...Instead, Citi wired it $176m. Several of the creditors have refused to return the cash....
...This sort of advice is already available from ad agencies, notes Citi. Yet Capgemini trades at 15 times forward earnings, almost double the multiple Publicis trades at....
...The asset manager added positions in BofA, Citi and Morgan Stanley worth $88m in the second quarter. Both Berkshire and Soros declined to comment....
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