Hints and tips:
...David Bell: It will stagnate, probably doing as badly as other advanced countries (USA excepted)....
...Antitrust has been a concern for many dealmakers as Joe Biden’s watchdogs prioritise private equity regulation....
...As a result, we expect it to raise Bank rate to 4 per cent in February, and then keep it at this very restrictive level for the rest of 2023....
...Securities, HSBC Bank, Standard Chartered Bank, Credit Suisse Group, Standard Bank of South Africa, Commerzbank, Australia and New Zealand Banking Group, Nomura International, Macquarie Bank, ABSA Bank,...
...They named HSBC, Société Générale, UBS, Deutsche Bank, Credit Suisse and BNP Paribas as banks with large US exposures. Barclays itself also has a big US investment bank....
...This week Citi said that it would shut down Banamex USA, the 300-employee US unit, in the wake of a $140m penalty from the Federal Deposit Insurance Corporation for violations of the Bank Secrecy Act and...
...A Bank of Beijing board member is also underinvestigation for corruption....
...Francisco Riquel, an analyst at N+1, a Madrid-based investment bank, said the failure was a costly distraction for Santander in the US....
...A group of big investors including Blackrock and Pimco are suing six different banks including Deutsche Bank and HSBC for their role as trustees of mortgage-backed securities in the lead up to and during...
...constructed Owner: Larry Silverstein, the US property billionaire Construction cost: unknown Last sold: n/a The replacement for the second of the Twin Towers destroyed in the September 11 2001 attacks...
...HSBC’s “flash” purchasing managers’ index for March indicated that China’s manufacturing sector slowed for a third straight month in March with a reading of 48.1, missing forecasts and falling from 48.5...
...According to Liberum Securities, the investment bank, the seven listed housebuilders are expected to increase the number of homes developed by 12 per cent this year compared with 2013....
...John Cargill has been hired as head of depositary services for Emea from HSBC where he was head of trustee and fiduciary services....
...’ Q1 CHF0.28 (CHF0.03) ING Groep Q1 €0.68 (€0.20) Mitsubishi Corp (XSQ) FY Y213.20 (Y275.83) News Corp Q3 n/a (n/a) J Sainsbury FY 29.98p (27.80p) Telefónica Q1 €0.20 (€0.29) Telecom Italia Q1 €0.03...
...People familiar with the matter say the bank is expected to reap, over time, about $100 million in arranging fees alone, a massive amount for one bank on a single deal.”...
...AG Long-term deposit rating to A2 from Aa3, outlook stable; Short-term P-1 affirmed Goldman Sachs Bank USA Long-term deposit rating to A2 from Aa3, outlook stable; Short-term P-1 affirmed HSBC Bank...
...Cut out’n'keep guide to prospective new BoJ governors: Japan’s election on December 16 is going to be a doozy and the role of the Bank of Japan is being placed centre stage....
...Cisco Systems has ended an acquisition drought with the announcement of a $5bn deal to buy NDS, a maker of software for TV set-top boxes that has had a close association with News Corp stretching back more...
...ftcamp=rss#axzz1o2U7iKex Big powers meet at UN on “weak” US Syria draft The five permanent U.N. Security Council members and Morocco met behind closed doors on Tuesday to discuss a U.S....
...“To do custody alone is a challenge,” says Drew Douglas, co-head of securities services at HSBC....
...the deal as the trustee on the bonds in question, had conflicts of interests that raised questions about its fairness....
...However, those costs may be offset by lower costs resulting from the standardisation of trades, according to John Van Verre, head of global custody at HSBC Securities Services....
...Critics of the process for setting Libor – which is used as a reference rate for about $350,000bn in financial products – have long claimed it is antiquated and lacking in transparency....
...Lehman Bros Holdings then sends it to its Structured Asset Securities Corp. to be pooled with other loans and assigned to US Bank, acting as trustee for Structured Asset Securities Corp....
...“This business has been seen as a low priority for years,” says Francesco Burelli, a principal at consultancy Value Partners....
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