Hints and tips:
Related Special Reports
...Griffin’s stance contrasts starkly with that of Bill Ackman, another high-profile hedge fund manager, who on Monday called for the Federal Deposit Insurance Corporation to “explicitly guarantee all deposits...
...More and more market participants and pundits are betting that stalling disinflation might stop the Federal Reserve from cutting rates at all in 2024....
...Its interest expense shot up 10-fold, to $525mn in the last three months of 2022, from just under $50mn a year earlier, data from the Federal Deposit Insurance Corporation shows....
...driven by interest paid by banks where they deposit customers’ money....
...If required, the Federal Deposit Insurance Corporation would be prepared to take over the bank, wiping out shareholders and bondholders to protect depositors as it did with SVB and Signature, said a person...
...SVB was taken over by the Federal Deposit Insurance Corporation on March 10 after it announced a $1.8bn loss on sales of securities, sparking a share price collapse and a deposit run....
...But until SVB imploded, regulators at the Federal Reserve and Federal Deposit Insurance Corporation presumed that if a regional lender ever ran into trouble, a bank run would occur slowly enough to let regulators...
...Corporation tax is a tax on investment not on shareholders, corporation tax revenue should be reduced to zero....
...The firm is opening a new office in Washington with former leaders of the Federal Deposit Insurance Corporation and the US Securities and Exchange Commission in a bid to take on more government and regulatory...
...But the company had no choice, Tenev said, as a $3bn deposit requirement arrived from the National Securities Clearing Corporation, the clearing house that processes its stock trades, around 3am Pacific...
...It could start by holding a press conference following every MPC meeting, just like the ECB and Federal Reserve do....
...Health insurance company Centene Corporation became the latest junk-rated issuer to secure a borrowing cost below 3 per cent this week, wiping more than $40m from its annual interest bill....
...An early paper published by the Rand Corporation is The Prediction of Social and Technological Events (1949)....
...Insurance companies and pension funds had once used investment trusts as they began to add equities to the bonds in their portfolios, but they reduced their holdings as they took over direct control of their...
...With a historically recalcitrant Germany dropping its opposition to a common deposit insurance scheme in November, things could be looking up. But first SocGen has to get its house in order....
...“Banks like to have deposit stickiness that can be used to underpin lending,” he says....
...So much for energy really dragging on triple C credit....
...Sheila Bair, who previously chaired the Federal Deposit Insurance Corporation, was also named to the board....
...Assets would have to be purchased, and deposits (and the money stock) would be increased as a result....
...Rotork has the single largest exposure in our coverage (~50% v 60% in 2014 though)....
...Lastly, we should consider creating an industry-financed fund to supplement the Federal Deposit Insurance Corporation....
...Lloyd Blankfein, the former chief executive of Goldman Sachs, tweeted his disapproval (ironically, as a bank holding company, Goldman Sachs’s dividend and buyback plan had to be approved by the Federal Reserve...
...Separately, Enbridge said it had offered $8.9bn (C$11.4bn) to purchase four affiliates — two partnerships and two corporations — and roll them into a single entity....
...Various factors threatened the company’s survival at this point: Camel Group might have backed out, customers might have demanded their deposits back, staff might have left, or the insurance company might...
International Edition