Hints and tips:
...filings from the National Administration of Financial Regulation....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...In February Rekom, the UK’s largest nightclub operator, closed 17 venues as it announced it was entering administration....
...Education was among the first sectors handed over from Israeli to Palestinian administration in the 1994 Oslo Accords, and is highly prized in society....
...Steering the UK economy out of the inflationary storm would always require unusual finesse, but the task would be easier if the Bank of England governor had an unemployment number he could trust....
...The European Central Bank and Bank of England have refused to declare victory over inflation....
...If you owned rate-sensitive, high-risk stocks yesterday you have Unhedged’s permission to sell and take the rest of the year off (Carvana, Zillow, SoFi, et al rose 10 per cent or more)....
...Data from the Bank of Japan’s quarterly Tankan business survey showed sentiment among Japan’s largest companies at historic highs. There are other signs of a buzz around Japan’s tech sector....
...Signa Holding, the central company, recently filed for administration....
...Billionaires got more of their assets through inheritance than wealth creation this year for the first time in nine years of monitoring from Swiss bank UBS....
...On economic policy, Harris has focused more on boosting small business, including work with Janet Yellen, the Treasury secretary, on community and minority-owned banks....
...The latest entrant, August 2023, is First Digital USD ($467mn in circulation) controlled by a newly formed Hong Kong trust. The beneficial owners of Techteryx and First Digital aren’t disclosed....
...Angel fixes up a lunch meeting so they can discuss business. AngelSo we picked her up in a high-end vehicle. We were driven to somewhere in Brooklyn. We stopped by a small restaurant....
...“Fundamentally, it’s an issue of trust.”...
...“It’s good for our economy and it’s good for our national security.”...
...Derek used to run the special operations division of the US Drug Enforcement Administration....
...Business is booming. All of them are making more money than ever before. But for Daniel Kinahan, quietly growing his business, it’s not enough....
...Last month, Premier Bank became the first Somali bank to establish a majority-owned banking subsidiary in neighbouring Kenya....
...She accepted his business tax cuts, and she accepted the cut to national insurance. So, OK, fine. That's money she hasn't got to spend on public services or anything else....
...Abu Dhabi Bank....
...But of course, there will be new shocks that the Bank has to respond to keep to this target. I trust the MPC will make the right choices....
...It is “a very small part of his personal history”, says Chang....
...And in terms of business cooperation, I mean, I don’t know, business is a competition, realistically....
...And then he’s the chairman of First Abu Dhabi Bank. So one, it’s incredible the reach this one guy has....
...Just to be sure I understand you, I say, the crisis will show up in two ways — in recession and in more small bank failures?...
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