Hints and tips:
Showing results for Dollar Bank, Federal Savings Bank v. Goldstein et al
...dollars in annual savings for a deal like Uber’s....
...Given how volatile the data was during Covid-19, Williams et al suspended their estimates until May....
...The context for that was the turmoil around Silicon Valley Bank, et al....
...How much does the fact that the central bank is buying bonds, hundreds of billions of dollars worth of bonds, is this a signal effect to the market? Like, what does it mean?...
...And, you know, I think as of the latest Federal Reserve data, there’s over $6.1tn in money market funds....
...They had their pick of the bank’s former analysts and chose Marc Rowan and Josh Harris. Early on, Apollo paid cents on the dollar for bonds Drexel clients had purchased at full price....
...The People’s Bank of China, by contrast, has cut....
...What about how concentrated the stock market gains are with Nvidia, Microsoft, Google et al? I mean, shouldn’t that weigh against this rally? What about that? Katie MartinMaybe yes....
...Shares in other banks considered to have some degree of asset-liability mismatch (Western Alliance, Zions et al) only saw their shares wobble a little bit yesterday....
...In each episode, disruptions in dollar funding markets led to an extraordinary policy response in the form of central bank swap lines, whereby the Federal Reserve channelled US dollars to key central banks...
...Also, the 25th anniversary of the ECB replacing the European Monetary Institute ECB president Christine Lagarde speaks at the 27th German Savings Banks Conference 2023 ‘Because it’s about more than money...
...If we are right that consumer spending, despite some recent softening on the margin, is still at or above trend, that is another thing for Powell et al to fret over....
...That global macroeconomic movements this year have been in large part due to the United States Federal Reserve is so obvious that this paragraph is pointless....
...Now, it’s easy to understand why interest rates matter on financial products like savings accounts....
...Bassam al-Sheikh Hussein was desperate. With mounting debts and medical bills for his ailing father, Hussein needed access to the $209,000 he kept in a savings account in Lebanon’s Federal Bank....
...A Federal Reserve Board of Governors paper by Edmund Crawley et al says $2.5tn of Fed balance sheet unwind would approximately equate to a 0.50 percentage point of tightening, or 20 basis points per trillion...
...By the time they get out of high school they should know how to do a checking account and a savings account and et cetera because this is core to how you build wealth in America....
...Luckily, efforts to ram crypto’s square peg into the round hole of the Securities Act of 1933 (et al) have proceeded slowly to date. But there is danger this mistaken project will accelerate now....
...Reserve announces its decision on interest rates today at 2pm ET (7pm London)....
...Traders had hoped the US Federal Reserve would take a softer approach to rate rises, but concerns that the central bank will step up its fight against inflation have shattered the calm....
...Customers now face losing their savings....
...All assets may perform badly under stagflation, but we’d rather own Pepsi, Johnson & Johnson, Kimberly-Clark, Bristol-Myers et al than sit and watch our cash lose its earnings power....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...The Federal Reserve, it appears, is going to tighten with total predictability and imperceptible gentleness; inflation will be transient; Evergrande et al will not sink the Chinese economy; lions will lie...
...Everything the country buys from the outside world, from energy to food, it buys in dollars. Turkish banks fund themselves in large part with international dollar debt....
International Edition