Hints and tips:
...One banker advising the UK government — which has earmarked £330bn for corporate loan guarantees and a commercial paper financing facility — says the schemes are untested....
...Instrumentarian power can know and modify the behaviour of individuals, groups and populations in the service of surveillance capital....
...As a result of devolution of powers from Westminster, it was given control in 2016 of its health and social care budgets....
...But it will still be firmly under Mr Dell’s control....
...Apollo already has products that retail investors can purchase, including listed closed-end credit funds, business development corporations and commercial and residential mortgage real estate investment...
...IAG eyes American Airlines stake: International Airlines Group is looking into buying a minority stake in American Airlines to expand their commercial partnership....
...Chinese money is also flowing into Hollywood: Bruno Wu, the Chinese media entrepreneur, and Harvest Fund Management, an investment group backed by Deutsche Bank and China Credit Trust, have set up a new...
...The division traces its roots to Commercial Credit, the building block upon which Citi’s former chairman, Sandy Weill, built his financial empire....
...Last month, China’s Wanhua Industrial Group gained full control of Borsodchem, a Hungarian chemicals manufacturer, for €1.2bn ($1.7bn)....
...“However, Moody’s also wants to stress that it continues to view Spain as a much stronger credit than other stressed Euro zone countries....
...The companies that provide these types of loans, called factors, play a crucial role in keeping the flow of goods moving, especially at the moment when traditional bank credit is scarce....
...The New York-based group has since lost control of Countrywide after a debt-for-equity swap handed majority ownership to its rival Oaktree Capital....
...“It started in subprime mortgages, then it moved to prime mortgages, then to car financing,” says Mark Greene, chief executive of Fico, the US credit checking group. “Now it’s moving to credit cards.”...
...A €60bn commercial property portfolio is under strain....
...ICICI’s managing director, K V Kamath, called the rumours “baseless and malicious”....
...Sunday’s agreement will free Mr Macklowe to pay off a $1.4bn loan from Fortress Investment Group....
...Last March he became creative director of Puma, owned by the French group PPR, which also (oh, the irony) owns Gucci Group....
...By mid-week, German savings banks were reporting large cash inflows from customers who were shutting accounts at commercial banks....
...It is now used by, among others, the banks Credit Suisse First Boston and Bank of America....
...But it also increases the complexity of groups’ operations....
...Bringing together a leading investment bank, Salomon Smith Barney, with one of the biggest commercial banks in the world, Citicorp, the deal created a new model that many believed other investment banks...
...In 2005 it returned 7.2 per cent, partly as a result of losses in the credit, energy and reinsurance markets, Citadel said in the document....
...Save the date Hard on the heels of Credit Suisse and the Kuoni travel group, the Swiss National Bank is now taking its turn to issue invitations for a birthday jamboree – the latest in a string of Swiss...
...Mr Greenberg and Edward Matthews, president of C.V....
...A more challenging environment will, however, test not only their risk control but also their discipline on costs and management’s willingness to put shareholders before employees....
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