Hints and tips:
...Wholesale areas (est. 60% of core Citi) are positioned for share gains with its ~5K multinational and ~12K corporate clients in 3 LOBs: Services (27%, mostly payments), Markets (25%), and Banking (8%)....
...Loewy, a suave French-born industrial designer who had a way of claiming credit where credit was not necessarily due. He did not design the Coke bottle, as the Loewy Foundation website still suggests....
...Coda 141 Flinders Lane, Melbourne, Vic 3000 Good for: Inventive Asian fusion Not so good for: The acoustics are tough, especially at the square tables in the main dining area FYI: Australian-style service...
...The challenges of creating the next Silicon Valley Chancellor Jeremy Hunt’s bold ambition to turn Britain into the Bay Area 2.0 (driven by tech innovation, rather than global warming) faces “storm clouds...
...And earlier this year, before the earthquake in Turkey, there had been some serious signs of economic crisis in areas held by the regime because the Iranians were no longer willing to deliver oil on credit...
...It worked from a windowless room deep inside Visa’s headquarters in the San Francisco Bay Area. Alex Barker Did you ever get in the room? Kevin Smith No, no....
...Cleary Gottlieb hired tax partner Maureen Linch and intellectual property, technology transactions and privacy partner Marcela Robledo to its San Francisco Bay Area office....
...Mainland authorities are particularly keen to see casinos invest in the “Greater Bay Area” — a series of mainland cities which ring Hong Kong and Macau in the Pearl River Delta that Beijing hopes to develop...
...The company, competing with US tech giants such as Google and Facebook for talented staff, was hoping to tap into the Bay Area’s huge pool of coders and innovation....
...It also said parking facilities at beaches in southern California and the San Francisco Bay area would be closed for the July 4 holiday weekend....
...We see excitement about Next’s online business as misplaced… On our new analysis 64% of Next’s UK online sales last year were made on its in-house credit, leaving it vulnerable as the credit cycle weakens...
...(FT) Uber breaks into public sector with California deal The agreement will allow residents of Marin County, in the San Francisco Bay area, to book rides on public minibuses through Uber’s app....
...We think it’s largely right that the gaming sector will enjoy a V-shaped recovery as sporting events resume....
...areas)....
...the day describes how BP had made “its most aggressive move yet into the broader retail sector with a global corporate makeover that includes a new logo and a revamped, high-technology approach to future service...
...But it has also made progress in branching into other areas, with its civil service exam preparation business accounting for 53 per cent of its total revenue in the first half of 2020, down from 64 per cent...
...Systematic de-risking has largely happened, but equity outflows have been moderate....
...Equity selling mostly came from HF& systematic investors, but LO de-risking was less aggressive, in particular compared to Credit....
...Polo Tang of UBS remains a seller: [V]isibility on the bigger picture issues remains limited....
...Rotork has the single largest exposure in our coverage (~50% v 60% in 2014 though)....
...Here’s Credit Suisse to give some colour: The worse than expected result reflects I) slower than expected improvement in US depletions (+4% last 3m v +0.4% previous quarter) II) bigger route to market disruption...
...Looked at differently, Cyclicals are still priced for a V-shaped recovery, which might not happen....
...There are three arrivals in the London credit team at Columbia Threadneedle, the $431bn asset management arm of Ameriprise, the US financial services provider....
...But credit quality is high and as a specialist provider of services to entrepreneurs, venture capitalists and private equity firms, Silicon Valley Bank sweeps up the sector’s deposits....
...If government expenditure is targeted on areas of a shortfall in the provision of public services and on much-needed infrastructure, and is supported by sustainable tax reform so that people can expect a...
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