Hints and tips:
...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.”...
...Many houses in the Midlands are on the market for £300K or less. Market forces could level up where the government has failed....
...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....
...Smart reads Cavalier credit Star investor-turned inmate Daniel Kamensky wasn’t the first to take advantage of chaotic credit markets when he tried to finagle a sweetheart deal for his hedge fund....
...But changes to universal credit mean few will feel any better off....
...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....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...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....
...Paul Dales: Looser fiscal policy will ultimately determine how well the economy does over the next couple of years....
...According to criteria applied by Standard & Poor’s, a credit-rating agency, any company with debt greater than five times ebitda falls into the highest category of corporate leverage....
...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....
...at Credit Suisse....
...Christopher Dale Pratt, a senior adviser to Morgan Stanley Asia Pacific Investment Banking, is an independent non-executive director on Noble Group’s board....
...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....
...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...
...Analysts at Credit Suisse predict that Samsung Electronics will split, with the operating business falling under a holding company which would in turn be controlled by the Lee family....
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