Hints and tips:
Related Special Reports
...At the same time, Biden has scaled up his fundraising efforts among Democrats on Wall Street to pay for his re-election campaign against Trump, in which he has a substantial financial advantage....
...UBS agreed to rescue Credit Suisse last March in a deal orchestrated by Switzerland’s finance ministry, financial regulator and central bank....
...Big bancassurers such as France’s Crédit Agricole and KBC of Belgium could capitalise on rule changes....
...When traditional financial institutions seized up amid monetary tightening and Silicon Valley Bank’s implosion in 2023, private credit funds were the only game in town to fund most deals....
...At some point, this risks leaving lenders without sufficient reserves and could cause unwanted volatility in short-term borrowing costs and even a credit crunch....
...Opinion: Trump’s financial difficulties pose risks for America as well as for himself, argues Edward Luce....
...Scope told the Financial Times that the issues raised by Esma “had no influence on individual ratings issued by Scope”....
...The recovery in global corporate bond and loan markets began after the Federal Reserve signalled it sees a path to cutting interest rates later this year....
...This article is part of the Financial Times free schools access programme. Details/registration here....
...CREDIT: UAW Read a transcript of this episode on FT.com...
...The private credit sector stepped in to the gap left by banks after post-financial crisis regulations forced them to scale back lending to small businesses....
...Total household debt in the US climbed to another record high at the end of 2023, according to the Federal Reserve’s New York branch, with the continued rise in consumers struggling to pay down credit card...
...Financial conditions have eased spectacularly....
...credit risk concerns in stressed markets....
...JPMorgan Chase spent about a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company....
...Capital One’s $35.3bn proposed takeover of Discover Financial Services would fuse two leading credit card lenders and give it control of a network that connects consumers, merchants and banks....
...Is anyone’s economic and financial behaviour really affected by the real federal funds rate?...
...Capital One Financial, which is buying rival Discover Financial Services, is up 50 per cent. Americans held more than $1.1tn on their credit cards at the end of 2023, an all-time high....
...The 2023 Federal Reserve Small Business Credit Survey shows that the share of loan, line of credit and cash advance applicants that were fully approved rose to only 53 per cent in 2022 from the 46 per cent...
...Daniel O’Donnell, global head of alternative investments at Citi Global Wealth in Boston, emphasises the advantages....
...Credit card balances are at a record high Voters are stressed about credit card debt: 28 per cent cited it as one of their biggest sources of financial stress in a poll for the Financial Times and Michigan...
...But the latest push from banks is to use “credit linked notes” (CLN) for capital relief. To be sure, these have some advantages....
...Federal Reserve vice-chair for supervision Michael Barr had gold-plated the Basel rules, provoking a fierce backlash from Wall Street’s finest....
...The €1tn club is also a significant contributor to the capital markets union....
...Private equity firms that buy out companies are taking advantage of a recovery in global corporate bond and loan markets, after the Federal Reserve signalled that inflation had been sufficiently tamed for...
International Edition