Hints and tips:
...In breaking down the deal, the Federal Deposit Insurance Corporation said First Citizens would take over $72bn of SVB’s assets, $119bn of its deposits and its 17 branches....
...Then, the hidden leverage and maturity mismatch in pension funds’ and insurance companies’ portfolios — generally supposed to be long-only — could pose a policy challenge....
...Prosecute fraud, maybe regulate crypto exchanges like casinos, and keep the SEC et al out of it. This is a disagreement about how to cordon off crypto so that when crypto burns, it is controlled....
...For up-to-the-minute news updates, visit our live blog Need to know: the economy The US Federal Reserve announces its interest rate decision at 2pm ET/7pm UK today against the backdrop of surging consumer...
...She got a job as the head of media relations to a powerful Greek businessman who owned media and insurance companies....
...There is for sure a debate to be had about when the Federal Reserve et al should have pivoted their stance more forcefully to tackle inflationary pressures, and what they should and shouldn’t do now....
...They look at Facebook’s past five years and its attempts — frequently belated, often ambiguous — to deal with the way that state actors (Russia et al), hoodlums (such as the Proud Boys), politicians (a list...
...For example, in a 2010 opinion (Chevron Corp v Steven Donziger, et al) handed down from the US district court in Manhattan, the judge wrote that the “evidence at trial established that Donziger, a New York...
...Britain’s Liam Fox and Saudi Arabia’s Mohammad Maziad Al-Tuwaijri were late entrants....
...“What you’re seeing is an expectation of a V-shaped recovery and that may prove to be too optimistic,” said one equity analyst....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...Banks may still be reluctant to lend to struggling small companies hit by the virus in northern Italy and elsewhere....
...At the start of the year the US also shut down Ant Financial’s $1.1bn bid for US payments company MoneyGram over concerns that the buyer could “weaponise” US citizens’ personal financial data....
...If that is failure, it is a lot more desirable than the “successful” bailouts of many banks in the eurozone periphery with citizens’ money....
...I’d set up and capitalise a European debt management agency to create ESBies (the European safe bonds of Brunnermeier et al). I’d set up a eurozone growth capital fund for fast-growing companies....
...This is how Celebration’s citizens like it....
...While she and her husband relied on the banks they worked for to arrange visas, she believes today’s more entrepreneurial companies are not geared to helping employees work abroad....
...What exactly do the Federal Deposit Insurance Corporation and the Federal Reserve Board say they want big banks to do?...
...They, along with Penn Square, were taken over by the Federal Deposit Insurance Corporation, which “resolved” them in liquidation and sale mode....
...Banks have to rely on central banks as lenders of last resort....
...In the mid seventies, Chile was poised to serve as the test lab for the economic ideas propounded by Milton Friedman et al at the University of Chicago....
...If you don’t believe us, well, we have charts… First, from the liquidity and flow tracking team of Nikolaos Panigirtzoglou et al at JP Morgan, comes evidence of the greatness of the rotation: Flows into...
...Mr Fischer became an American citizen in 1976 after being born in Zambia and was deputy managing editor at the IMF from 1994 to 2001....
...He describes a man who fretted over minutiae – the colour of the company cars, the cleanliness of the bank’s branches – while the group careened towards disaster....
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