Hints and tips:
...For scale, US banks hold $2.9tn in CRE loans (and non-banks hold a lot of CRE debt, too). While the numbers are small now, they will rise, at least somewhat....
...First, Japanese banks want a bigger chunk of the general investment banking fee pool for grabs in the US market, the world’s largest, said Ken Lebrun, a senior M&A partner at Davis Polk in Tokyo....
...“The collapse of FTX is just another data point that tells us we did the right thing,” said Paul Davis, director of fraud prevention at TSB, that blocked crypto purchases last year....
...Marcus, the consumer-finance platform of fellow Wall Street Category-V bank Goldman Sachs, launched a similarly competitive interest rate, back when claiming to have been paid any kind of interest was in...
...Earlier this week, the Bank of England predicted the UK inflation rate would reach 13 per cent by the end of the year....
...By contrast, Yaccarino, the Long Island-born-and-raised Madison Avenue power broker, is all show business....
...During the pandemic, criminals adapted their methods to exploit victims’ fears over coronavirus, and are now finding new avenues of attack in the cost of living crisis....
...But he is also the founder of Kosmos, which runs the tennis Davis Cup and owns Spanish football team FC Andorra....
...The UK’s NMC Healthcare PLC and UAE-registered NMC Healthcare Ltd will remain in administration, allowing Alvarez & Marsal to continue its investigation and pursue potential avenues to recover funds for...
...As ever, get in touch with Imani (imani.moise@ft.com) or me (sid.v@ft.com) with thoughts for new articles. Happy reading!...
...The revolutionary fervour of the cypherpunks has been replaced by a desire to be a part of mainstream institutions, whether banks or Big Tech....
...But this is more than just a slab of Italian marble plonked incongruously on the Avenue Georges V — it is a carefully curated Franco-Italian crossbreed....
...Let us know at Imani.Moise@ft.com or Sid.V@ft.com. Is crypto a risk to sanction enforcement?...
...As always you can reach me at sid.v@ft.com. Thanks for reading....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
...The approval by regulators at the Office of the Comptroller of the Currency has opened an avenue for start-ups to compete with banks on a level playing field, as they vie for a slice of the nearly $16tn...
...Despite the economic shock from the pandemic, Ms Lagarde is still determined to “explore every avenue available in order to combat climate change”, indicating the ECB could be the first central bank to use...
...Demetri is the FT’s Washington bureau chief and answered questions about the policy plans being shaped on Pennsylvania Avenue and Capitol Hill....
...Letter in response to this article: Digitisation of cash alters money’s value to society / From Bruce Davis, London W10, UK...
...Christine Lagarde, president of the European Central Bank, told the FT she wanted to “explore every avenue available to combat climate change”, including using the bank’s €2.8tn asset purchase scheme....
...Among them is Chris Davis of Davis Funds, who argues that at the strongest of the big banks a combination of cost cuts, asset growth and share buybacks will be more than enough to offset the headwinds from...
...And where I - where I stand, where I sit here and as head of the European Central Bank, I want to explore every avenue available in order to combat climate change....
...Montaigne, Avenue George V and part of the Champs-Élysées....
...He is replaced by Nicolas Namias of BPCE, the co-operative bank that’s Natixis’s majority shareholder....
...In Saint-Thomas-d’Aquin on the Left Bank, E&V is selling a four-bedroom flat for €3.2m. Emile Garcin is advertising a four-bedroom flat overlooking a 17th-century courtyard for €4.45m....
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