Hints and tips:
Related Special Reports
...out when Credit Suisse collapsed last year....
...What regulator could be against safer banks at the heart of our financial system?...
...Policymakers argued that this so-called Danish Compromise was justified because insurers are also closely supervised financial institutions, so they should be treated as less risky investments in bank capital...
...Investment trusts make up 27 per cent of the companies in the FTSE 350 index....
...Banks strike back against private credit The past year and a half has not been kind to investment banks’ syndicated loan departments....
...US banks pushing back against tougher capital rules have found an ally in the renewable power industry, as project developers warn that a proposal to guard against a financial crisis risks slowing down the...
...One should obviously be careful about placing too much trust in simple modelling like this. The real world is messy....
...Trust....
...plants, chief financial officer Eddy Porwanto told the Financial Times....
...William Wade, a credit analyst at JPMorgan, warned earlier this month that haircuts of 15-25 per cent on the ringfenced debt were now a “plausible” outcome that investors should be wary of....
...One scoop to start: Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment...
...More credit is good for finance — debt is the lifeblood of Wall Street. But the financial crisis was an “extinction-level event” for black wealth, as former congressman Brad Miller once put it....
...status quo before the financial crisis)....
...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....
...Another key holding for the investment trust is insuretech business WeFox, which is showing signs of rapid growth....
...US banks are watching a film that their European peers will feel they have already seen: Basel III, the Endgame....
...Triple-B [the lowest rung of IG] spreads are at about 120bp, whereas double-B high-yield is at 200bp. So you pick up 80bp from going from triple-B to double-B....
...But I don’t know what that theory is, and it’s not in the slide decks from the office’s recent asset allocation review or its 2023 trust level review....
...High yield spreads over Treasuries are tight, at levels consistent with boom times: The story in investment grade is much the same....
...Unbelievably, as regulators now propose further toughening of capital rules through the “Basel III End Game”, banks want more leeway to use similar financial alchemy to counter the impact....
...The reserves are held by a custodian, First Digital Trust Ltd., a public trust company registered in Hong Kong, and at financial institutions in Switzerland, Australia, and Hong Kong....
...Yet in the fourth quarter of 1974, fearful insurance companies, pension funds, investment trusts and unit trusts together sold more shares than they bought for the first and last time during the decade....
...This is getting sort of salted throughout the entire financial system, throughout investment portfolios, throughout your pension plan and mine....
...They operate under the same US regulatory umbrella as real estate investment trusts, meaning they have to pay out 90 per cent of their earnings to shareholders....
...That might indicate that the people involved are generally doing a better job than they get credit for from regulators and financial journalists?...
International Edition