Hints and tips:
Related Special Reports
...Soon a stream of Silicon Valley entrepreneurs were venturing up the home’s long gated driveway to pitch Son their biggest ideas....
...The French start-up is backed by Silicon Valley heavyweights including General Catalyst and Andreessen Horowitz....
...Results: General Mills, the company behind Cheerios cereal and Häagen-Dazs ice cream, reports third-quarter earnings....
...Tim Spence, chief executive at Fifth Third Bank, based in Cincinnati, Ohio, said the competition for deposits remained “robust”, but that banks were no longer having to offer customers such generous terms...
...It’s been a year since Silicon Valley Bank’s collapse left everyone worried that the US’s banking sector sat on shaky ground. Despite that turmoil, one bank stands out: JPMorgan Chase....
...Over a third closed below their target last year, according to Silicon Valley Bank data. New VC firms are having the toughest time. By the end of last year the US had 3,417 VC firms, says the NVCA....
...A decade ago, Rushdie’s fatwa memoir Joseph Anton crafted his nomad years in the shadows into an immersive, third-person, non-fiction novel....
...Assets at Silicon Valley Bank almost tripled to $210bn in the two years before it failed....
...The FT View: Ensuring Putin does not prevail in Ukraine is the best way to prevent his fifth term from extending into a sixth. 3....
...Cutting Edge Group (CEG), a music financier, publisher and record label based in London, has secured $500mn from a syndicate of four banks, led by US lender Fifth Third Bank and Northleaf Capital....
...Third, the four largest US banks have paid out $630bn since 2013 in share buybacks and dividends, equalling more than 80 per cent of their net income — that’s what they are choosing to use their capital...
...The IMF has said that Ukraine needs to limit its public debt levels to roughly four-fifths of GDP by 2028 and two-thirds by 2033....
...Bank of America researchers have predicted that “2024 could be a banner year for dividends”, citing high interest rates and “muddled macro signals”....
...“LPs don’t usually like to put pressure on VCs to spend money, but if you’re entering your third year of not doing anything, they’re starting to ask what are my fees for,” said a Silicon Valley venture capital...
...Third, in their search for yield some Japanese banks have engaged in riskier lending abroad....
...Indeed, the more recent NBER paper finds that even the biggest and most sophisticated banks were hedging less than a third of their securities, and that almost two-thirds of US banks do not report any hedges...
...NYCB had been seen as one of the winners of the 2023 crisis that sank Signature, Silicon Valley Bank and First Republic....
...Plus, a year after the collapse of Silicon Valley Bank, US banking is still on shaky ground. Stephen GandelThere’s not just one way banks fail....
...Selecting a third person — in the end Summers — had been particularly difficult, said one person familiar with the talks, and a long list of potential candidates had been floated as options....
...The fifth recommendation is extraordinary....
...The eleventh hour rescue of Silicon Valley Bank’s UK subsidiary last year has finally prompted the UK government to address a crucial gap in bank protection....
...Almost a year on from the collapse of Silicon Valley Bank, investors feared another regional US lender was in trouble. Mnuchin is no stranger to a banking crisis....
...In a board meeting last month, an executive at the $105bn Ohio Public Employees Retirement System said the generous return on private credit may shrink as competition intensifies....
...That shake-up is the driving force behind 20,000 job cuts at Citi, the third-largest US bank by assets....
...Regulators want to cap the late fees that large card issuers can charge to $8 — less than a third of their current levels. Yet you wouldn’t know it from the share prices of the card companies....
International Edition