Hints and tips:
Related Special Reports
...New York-based Presidio provides IT services to some of the world’s largest companies, including Amazon, and government organisations....
...ETFs accounted for 51 per cent of underlying assets at the end of last year, up from 46.7 per cent in early 2022, according to data from Broadridge Financial Solutions, a financial technology company, which...
...By 1989, AmEx had issued tens of millions of cards and was the US’s largest asset manager as well as its most valuable financial firm, with a market value approaching $10bn....
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
...In July 2021, the SEC fined UBS Financial Services, now owned by Credit Suisse, $8mn for holding short-term, volatility-linked ETPs for customers longer than designed....
...The wealthy continued to spend despite inflation being higher for goods and services that are largely bought or used by the rich compared with broader consumer prices....
...Wall Street retail lenders, which have more diversified sources of revenues like investment banking and wealth management, can afford the fight for deposit....
...Brunswick, which reported revenues of £413mn in 2022, has diversified from its traditional public and media relations work into areas such as investor relations; regulation; environmental, social and governance...
...Much debated at the Financial Times’ New York office yesterday: was the eclipse an economic boost or a drag?...
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
Sellers will be able to charge different prices to consumers based on the card they use
...They function as a place for depositors to safely store their cash and obtain other financial services beyond loans....
...As well as chief executive Mark Newman, the company placed chief financial officer Jonathan Lock and controller Camela Wisel on leave....
...They really want to start to solve real financial friction using forms of tokenised real world assets.”...
...The continued popularity of income-generating ETFs, active fixed income ETFs amid interest-rate uncertainty and financial adviser interest in core strategies from firms such as Capital Group and JPMorgan...
...It has also expanded into new areas, becoming more like the sprawling, diversified listed groups whose ranks it plans to join....
...“The company has a very diversified shareholding base of 1,200 . . . compared to the previous generation,” he said....
...Blackstone is putting a small share of every new deal it strikes into the BPXE vehicle, an approach that will require plenty of dealflow to yield a diversified fund....
...Mark Mason, chief financial officer, told reporters that 7,000 employees had been given notice that their jobs had been eliminated since the reorganisation began, 2,000 more than the bank had previously...
...The issuers constitute a broad spectrum of the ETF industry, with large and diversified asset managers including BlackRock and Invesco offering products alongside smaller groups with a stronger focus on...
...ETF sponsors do not have to invest in the same level of back office customer service, so their costs can be lower than traditional mutual funds....
...“No matter the company’s attempt to switch focus from subscribers to financials, net [subscriber] adds is the key metric everyone wants to see,” he said....
...More broadly, we found that any potential financial advantages of dual class shares tended to recede rapidly....
...*Ignites Asia is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignitesasia.com....
International Edition