Hints and tips:
...He’s been running JPMorgan since the end of 2005....
...Net interest income is the difference between what banks pay on deposits and what they earn from loans and other assets....
...Both have been tipped to be potential successors to Dimon, who has led the bank since 2005....
...JPMorgan’s push comes at a time when the broadly syndicated financing market has gone from red hot to ice cold as banks mark down loans they have struggled to sell....
...The US central bank has some ties to the SBA plan in that it has agreed to backstop some of the loans made by the banks....
...The first was Franklin Templeton, which managed to extract what some analysts say were surprisingly favourable terms in Ukraine’s 2015 debt restructuring, having snapped up enough bonds to become the country...
...She succeeds Wylie Tollette who left in December to rejoin Franklin Templeton, the US asset manager. See FTfm's movers and shakers list for more asset management job moves here....
...The two companies buy the majority of home loans and package them for sale to investors, freeing up lenders to make more new loans even during market downturns....
...Among the other leading originators, which then bundled the loans to be securitised in the secondary markets, were First Franklin, now owned by Merrill Lynch, which made $68bn of subprime loans in that period...
...In most cases this will mean committing to keep rates near zero for a long time and printing money to make loans and buy assets (possibly other currencies, in the case of Japan)....
...It had been more than three months since HSBC became the first big global bank to reveal multi-billion-dollar losses on subprime mortgage loans....
...When Franklin Roosevelt took office in 1933, almost 10 percent of all homes were in foreclosure (Green and Wachter, 2005), construction employment had fallen by half from its late 1920s peak, and a banking...
...Other subprime companies that ran into problems only to be acquired by other parties, include First Franklin, bought out by Merrill Lynch; Encore, purchased by Bear Stearns; and Fieldstone Investment, bought...
...She now presides over assets worth SKr1bn and a staff of 20,000....
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