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...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...We are a software as a service business. We charge banks a transactional fee. Every loan that we analyse is a transactional charge....
...Last year was exceptional for Europe Inc in terms of growth, profitability and business expectations....
...The Japanese wealth management market, which rival Japanese banks tend to service through brokerage services, offers ample opportunity for MUFG....
...A version of this article was first published by the Nikkei Asian Review on July 4 2018. ©2018 Nikkei Inc. All rights reserved....
...Smart reads David v Goliath Large consumer goods companies are starting to feel the impact of their smaller, more innovative rivals....
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
...In June, the Office of the Comptroller of the Currency noted that the average amount of an auto loan was greater than the value of the car during the fourth quarter of 2013, as lenders bundled the costs...
...The OFT’s examination of payday lenders, or the recent move to force airlines to disclose credit card charges up-front, not at the point of purchase, for instance....
...Fundraising for the group’s Europe Fund V has already exceeded targets at €2.3bn, putting it on track to be the group’s largest mezzanine debt fund....
...Lenders are repaid before bondholders in bankruptcy....
...After a series of legal setbacks and a profit warning this month, Germany’s flagship lender has now come under hostile fire in its home market for its reaction to a police raid on the bank’s headquarters...
...The buy-out arm of Canadian pension fund Omers was on Wednesday close to signing an agreement with Exponent Private Equity to buy the UK-based service group in a $520m deal including debt, several people...
...The rest of Bain’s European portfolio – including Brakes Group, the UK food distribution company, and FCI, the French maker of electronic connectors – is in better shape,....
...The country’s lenders were under pressure....
...Lenders cried foul at the tactic and voted in February to send the company an official notice of censure....
...A government spokeswoman is reported to have said that an agreement with lenders will be reached next week. Sweden has more at stake than most....
...In this phase of the crisis, lenders are flying blind....
...He says lenders are opting for short-term solutions – avoiding big writedowns on their loan book or refusing to inject fresh capital into companies – while hoping conditions rebound soon....
...Mr Pym is also chairman of Halfords, the car parts retailer, and non-executive chairman of Old Mutual, the Anglo-South African financial services group....
...It seems that all those well-worn copies of Rocky V and Sleepless in Seattle are gumming up the works. Netflix customers watch roughly 8m DVDs a week....
...But they also cautioned that there may not be a simple V-shaped recovery....
...He has been outspoken in his criticism of the role the financial services industry may have played in the large numbers of foreclosures in his state....
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