Hints and tips:
...Moelis has hired Robert Mendelson as a managing director focused on credit investment institutions and platforms. He joins from Venor Capital Management....
...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....
...It limits credit risk and is available on the exchange.”...
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...But to experts in corporate treasury management, the move makes almost no sense....
...Credit markets also tallied losses, with a closely followed fund that buys junk bonds, known by its ticker HYG, declining 0.7 per cent....
...On the last Sunday of April 2019, a sleek Gulfstream V jet belonging to Occidental Petroleum touched down at Omaha airport....
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...WPP will also reduce is planned capex from £400m to v£300m....
...The four new hires were announced by Nat Zilkha, the KKR head of alternative credit who will serve as Gibson’s chairman....
...Credit Suisse was the sole underwriter of the Social Capital flotation. Shares were allocated to a concentrated group of investors, including mutual funds, hedge funds and sovereign wealth funds....
...The active management of legacy fleet costs is a really big thing....
...“Does the company remain committed to debt reduction or move back to a more growth-focused approach,” said Liam Fitzpatrick, analyst at Credit Suisse....
...John Rogers, credit analyst at Moody’s, called the results “not great” and said prospects for another year of large crops meant continued pressure....
...Three smaller deals which priced in 2016 — Paragon Commercial, Midland State and Argentina’s Grupo Supervielle — are all up....
...Moody’s last month announced that it was reviewing IOI’s credit rating for a possible downgrade after RSPO’s suspension and the subsequent customers’ reaction....
...Midland. In 2005, Saliha Madden of New York took out a credit card from Bank of America....
...David Riley, head of credit strategy, BlueBay Asset Management Inflation is likely to rise further than policymakers and many investors are anticipating....
...David Riley, head of credit strategy, BlueBay Asset Management The Chancellor’s hope that government borrowing will fall in 2017 is just that, hope rather than expectation....
...Though whether we will want to give Trump credit/blame for any or all of that remains to be seen!...
...UK credit conditions have eased since the spring, with credit and monetary acceleration, a Bank Rate cut and more QE....
...David Riley, head of credit strategy, BlueBay Asset Management Brexit related uncertainty will increasingly weigh on private investment and rising inflation will erode real incomes and consumer spending...
...David Riley, head of credit strategy, BlueBay Asset Management The MPC will be caught between a rock and hard place....
...David Riley, head of credit strategy, BlueBay Asset Management As with every aspect of Brexit, it is simply unknown what will be the implications for immigration into the UK arising from the Brexit negotiations...
...development programme before taking on various roles in retail and corporate banking. 1989 Moves to Citigroup, working both in London and New York before being appointed head of its branded credit card...
International Edition