Hints and tips:
...Mentioned in this podcast: Shortage of young accountants leads BDO USA to double offshore workforce Brazil’s jewellery scandal adds to Jair Bolsonaro’s legal woes UK banks tighten up on work from home...
...June 20 to September 8; further information and tickets here ‘Naomi’, V&A South Kensington An ode to the life and work of supermodel Naomi Campbell....
...People are much poorer than they were 15 years ago and a generation of young people have never known wage growth....
...We successfully secured the sale of the UK arm of Silicon Valley Bank to HSBC, so the future of those companies is now safe in the hands of one of Europe’s biggest and most creditworthy banks....
...In January, the bank bought an 83 per cent stake in a Swiss cryptocurrency start-up....
...Households will feel a very sharp squeeze. Simon Wells, chief European economist at HSBC: The UK is likely to underperform the eurozone through 2023....
...This week, the “10,000 Black Interns Programme” announced that nearly 500 companies have signed up to offer paid work experience to help black people get a start in business — among them HSBC, Deutsche Bank...
...Around noon on September 24 2011, a young black man named Robert Stephens fell to his knees in the middle of the road outside Chase Bank headquarters on Liberty Street, New York City....
...I am closing my HSBC bank account. But first I need to identify a financial institution with ethical standards high enough to be worthy of my overdraft....
...AOB: Spanish bank Santander is spinning out its venture fund so that it can be managed more autonomously, reports Techcrunch; Big UK banks including HSBC, Barclays, Lloyds and NatWest have signed a pledge...
...Valuation and recommendation: HSBC’s shares have fallen by 42% year-to-date versus a 51% fall in the average share price of the other mainstream UK banks....
...HSBC, in common with its UK bank peers, suffered the “mandated” cancellation of its 2019 final dividend and a “block” on dividends during calendar year 2020....
...The energy transition strategy update in March is key to becoming more positive on the stock, absent a V-shaped recovery for their O&G customers. Glaring value?...
...Just 30% expect a V shaped recovery in the stock market....
...“He said to me, ‘Look, the building is being assaulted by the cannons,’ which were two gantries at HSBC [next door], and by the sharp corner of the triangular Bank of China building [beyond that]....
...potential V-shaped recovery....
...But banks risk being caught off guard by the climate crisis, warns a recent analysis....
...Persimmon trades on the highest P/NAV, but its land bank and margins warrant that....
...Simon Wells, chief European economist at HSBC: The UK is experiencing two large economic shocks: Covid-19 and a fairly hard Brexit....
...(FT, NYT, USA Today) In other developments: HSBC has evacuated dozens of staff from its office in London’s Canary Wharf after a staff member reported a confirmed case of coronavirus....
...It announced six new hires on Monday, all of whom are due to join the bank in London by January next year. Ankur Agarwarl, who joins from HSBC, will be head of loan trading....
...It's great:If you too are fed up with this I N N O V A T I O N, we encourage you to stop buying ICOs and IEOs (as well as donating to crypto ““non-profits””) put forth on behalf of a myriad of young idiots...
...stiletto heels Wear a fascinator (ever) Calling all young FT readers, we want to hear your ideas for tomorrow....
...Some have compared Mr Khan’s rise — that of a political outsider who has used social media to connect with a young and disenchanted electorate in recent months — to that of Recep Tayyip Erdogan in Turkey...
...Comment from WendellMurray on Donald Trump’s diplomatic turn to N Korea deserves acclaim I have never understood the refusal of the USA government to talk to the North Korean government....
International Edition