Hints and tips:
Related Special Reports
...Last year, it closed its flagship Asia V buyout fund after raising $7.1bn, eclipsing its targets....
...By contrast, Zopa — which has 1mn customers — has focused on savings accounts and offering credit cards, car finance and personal loans....
...without having to do a lot of boring and rather grimy individual credit provision and deposit-taking....
...Many central bankers have a high level of belief in the brilliance of their own decisions....
...jonathan.guthrie@ft.com...
...India’s central bank has banned Kotak Mahindra Bank from issuing credit cards or taking on new digital and mobile banking customers, marking the regulator’s latest crackdown on the country’s fast-growing...
...john.guthrie@ft.com...
...This is a handy set-up for politicians and central bankers who have vicarious control of the private capital that finances these operations....
...Lex dislikes online food delivery services because they lack sustainable competitive advantage....
...Audio recordings of rain compete with Mick ’n’ Keef for listeners on streaming services. But the precipitation is the soothing type, not freak torrents of the kind that engulfed Burning Man....
...What returns to expect from private credit Should M&A return, it could well energise an already frenetic corner of finance: private credit....
...Credit Suisse was Europe’s single notable casualty. We had expected Julius Baer, Switzerland’s largest private bank, to reap a big dividend in new business from displaced Credit Suisse clients....
...The living wills must be updated every two years, and the heads of the central banks, treasuries and banking regulators in the US, UK and EU meet every other year to war game the failure of a G-SIB....
...The Swiss central bank recently called on regulators to review UBS’s capital requirements in light of its increased “systemic importance”....
...EY can do itself a service by dropping its carbon negative boast as part of a far more rigorous climate strategy....
...Doubtless the service will improve. But so will simultaneous translation by other apps, in imitation of sci-fi writer Douglas Adams’ Babel fish....
...The central bank, which meets on Wednesday, is not expected to begin cutting rates until this summer....
...Christine Lagarde: The European Central Bank president will speak at Yale University on the importance of ideas in driving economic growth....
...In 2022, said the European Central Bank, more than 30 banks issued 118 securitisations worth more than €170bn, significantly more than in previous years. These deals come in multiple flavours....
...and Serbia 200th day of the Hamas-Israel conflict after Hamas launched an attack on Israel on October 7 last year UK: 100th anniversary of both the first radio broadcast by a British monarch, George V...
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Threads will feed off Meta’s Instagram service. It is therefore an easy win for owner Mark Zuckerberg, who can probably beat Musk in a cage fight too. Musk is doing better in electric vehicles....
...The group, which represents the €28.5tn European investment industry, has asked major central banks, which jointly own the CLS currency settlement service, to implement urgent measures to address the risks...
...But inflation itself has been a boon to credit metrics. US debt service ratios are at their strongest for more than 40 years....
International Edition