Hints and tips:
...These are rebased MSCI net return indices, in dollars, for each country, and the MSCI USA and World indices....
...said Michael Ice, an associate professor of finance at the University of Rhode Island who worked for decades on Wall Street including at foreign groups such Rabobank, UBS and HSBC....
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...The move follows a trend of European banks such as HSBC and Deutsche Bank reducing their US presence after finding it difficult to compete with larger and better capitalised rivals....
...Mr Burke, 57, chief executive of HSBC USA since 2014, will retire in October and be replaced by an outsider, Michael Roberts, who previously led Citigroup’s global corporate bank....
...Inc — in other words offering a dire signal on the outlook”....
...Our current FY21E estimates effectively assume flat admissions versus FY19 (which were 14% below FY18 in the USA)....
...The London-headquartered bank said Patrick Burke, 57, who has worked for HSBC since 1989, would retire as chief executive of HSBC USA in October and be replaced by Michael Roberts, an executive who has worked...
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Campari will be hard hit by COVID-19 due to high On Trade exposure, especially in core markets of Italy and the USA....
...WPP will also reduce is planned capex from £400m to v£300m....
...“A baby, gasping on an abortion clinic table, should not be left to die,” Republican Ben Sasse, the Nebraska senator wrote in an op-ed for USA Today....
...The 1984 case, formally known as “Chevron USA Inc v Natural Resources Defense Council Inc” formalised the legal doctrine that requires judges to defer to administrative agencies’ interpretation of federal...
...So starting with HSBC....
...In the US, T-Mobile USA has been transformed under his watch from a basket case to the fastest growing US network and now accounts for more than half of Deutsche Telekom’s overall value....
...Over the past few years, the OCC has also fined JPMorgan Chase and HSBC for failing to live up to the terms of past consent orders....
...The biggest activist fight — Nelson Peltz v Procter & Gamble — was only recently settled, two months after a shareholder vote....
...HSBC in 2012 paid more than $1.9bn to US authorities for permitting the laundering of drug trafficking money....
...Dominik Klarmann, an analyst with HSBC, notes that the German company committed $10.5bn of funds to its US arm, well above the funding needs for the spectrum auction....
...Another first is the USA Pavilion — look out for glassware by John Hogan and the rugged furniture of Fernando Mastrangelo....
...MSCI said Snap’s inclusion into the MSCI USA index would be assessed as part of the next semi-annual index review in May, but the group is also surveying market participants on whether governance considerations...
...The self-driving car venture exploits Baidu’s lead over Chinese competitors in artificial intelligence (AI), according to HSBC bank....
...Liz Martins, UK economist, HSBC We see growth slowing from 2.1% to 1.2%....
...V.me allows people to make online purchases without having to punch in their card details each time....
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