Hints and tips:
...We haven’t mentioned the B-word yet. Bonds....
...As is usual in these types of acquisitions, customers, despite instructions otherwise, continued to remit receipts for sales into the bank account of the seller (the bank account was not acquired by HFL...
...After 2021’s epic collapse of Archegos, the family office that had used equity swaps with a smattering of Wall Street’s biggest banks to supercharge its bets before it imploded, it only made sense to kick...
...That’s another acronym, S-O-F-R. And what does that stand for? Harriet Clarfelt It stands for the Secured Overnight Financing Rate. More acronyms for you....
...As a result DRGN has a higher double-B ESG rating from MSCI compared to the non-ESG equivalent portfolio, which scores only single-B, Li said....
...HSBC shares have outperformed all large-cap UK bank peers in 2020 year-to-date, reflecting their traditional “defensive” or low-beta credentials....
...Cineworld is pursuing a similar strategy of upgrading F&B offerings in its US Regal estate. Film rental charges appeared to be a higher proportion of revenue in Q4....
...If convicted he might have to trade in his jet-set life for a drab federal prison cell,” said FBI assistant director William F Sweeney Jr in a statement....
...The upshot is that in spite of everything it remains as close to becoming a functioning metro as a functional bank....
...S/Hs, post avg. 63bps CET1 decline in 1Q 20....
...And here’s Deutsche Bank to talk eurozone dislocation on the back of Thursday’s ECB flub: [F]inancial markets are broken in many dimensions....
...And Kepler: We expect banks not to pay any dividends until Q4 and to suspend share buybacks until October, but not to bring dividends to zero, as we think their capital is strong enough to weather the crisis...
...And Credit Suisse says: [F]or a company that has been typically outperforming expectations and delivering upgrades, “in line” is likely to be seen as a mild disappointment....
...Analyst Bruno Monteyne of Bernstein has questions: [F]or the Casino valuation we need to know (A.) how much Casino had to pay to buy back the franchisees and (B) how much of that purchase price is for real...
...The company missed expectations in the first two quarters after issuance, in reaction to which the first lien loan traded down by as much as five points and the high-yield bonds traded down by as much as...
...S&P cut DWCP’s company rating to junk, to double B from triple B minus....
...the freezing of money market funds by BNP Paribas, and the first credit crunch of the crisis in the US as Countrywide ran into trouble....
...The bank will be headed up by former Royal Bank of Scotland senior manager Charles McManus as chief executive, while Mr Ogden will serve as chairman, according to filings with the Financial Conduct Authority...
...A) Microsoft B) IBM C) PetroChina D) Apple E) Petrobras F) Sumitomo Bank KNOW YOUR REGIONS 7....
...Here’s the rap-sheet (emphasis ours) that accused WebBank of: (a) operating with management whose policies and practices are detrimental to the Bank and jeopardize the safety of its deposits; (b) operating...
...As representatives of almost 200 organisations from across the life sciences, we urge the government to reinforce its commitment to science in the 2015 Spending Review and cement the UK as a global leader...
...learned enough to prevent a 1929-style crash being followed by a 1930′s style contraction in the money supply and economic activity....
...Specialised banks such as Northern Rock, Hypo Real Estate or Countrywide failed or had to be rescued, as did universal banks such as Fortis, UBS or Commerzbank....
...Initially, President Richard Nixon didn’t want to prosecute him – it was, after all, Democrats John F Kennedy and then Lyndon B Johnson who got America into Vietnam....
...usage of ROM as an F/X market stabilizer… The bottom line is that the Bank’s focus appears to have almost entirely changed from a “too much inflow is fueling too rapid a credit growth” story, to a deceleration...
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