Hints and tips:
...Jerry Rizzieri, head of Mizuho Securities USA, told the Financial Times the acquisition would contribute to Mizuho’s goal “to be solidly inside the top 10 corporate investment banks within three years”,...
...Staff at the bank will miss a certain line item on someone’s bank statement or a certain form of income . . ....
...The company counts banking and technology heavyweights including Bank of America, HSBC, Barclays, Intel, ING, and UBS among its shareholders....
...Richard Henderson Will slowing consumer inflation test the PBoC’s restraint?...
...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....
...Iacopo Dalu, a finance specialist at $337bn asset manager Janus Henderson, which has a small holding in Santander, said: “There is no diversification benefit in a pandemic and when central banks follow a...
...Art Baluszynski, head of research at Henderson Rowe, said some investors would have taken profits following the recent gains....
...BlackRock is the largest shareholder of Santander, for example, whose asset management unit joined the platform last year, and a major shareholder of HSBC and Credit Suisse, other recent clients....
...Inc — in other words offering a dire signal on the outlook”....
...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....
...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 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?...
...We arrive at favourable answers for all four: we expect a V-shaped recovery. Even if 2020 is down €-5b, 2021 will be up by €+8b....
...WPP will also reduce is planned capex from £400m to v£300m....
...Janus Henderson Investors opened an office in Luxembourg in 1985. The £265bn group will move “a number” of oversight roles there....
...So starting with HSBC....
...• Jim Cielinski has moved to Janus Henderson as global head of fixed income for the $345bn dual-listed US and Australian asset manager....
...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....
...Canada Life, Fisch Asset Management, Barings, HSBC and SVM have all announced plans to pay for research themselves in the past two weeks....
...This brightening picture has attracted Ping An, China’s biggest insurer, to build up a stake of more than 5 per cent in HSBC, becoming the bank’s second-biggest shareholder....
...Global banks’ Mexican operations have been in regulators’ sights in recent years. HSBC in 2012 paid more than $1.9bn to US authorities for permitting the laundering of drug trafficking money....
...rival HSBC....
...Braxton Carter, chief financial officer of T-Mobile, stoked speculation of a deal this week at a Deutsche Bank conference....
...Bankside Design District South Bank The first UK exhibition of San Francisco’s Letterform Archive (see below) will include works by Eric Gill, Piet Zwart, Emigre, Inc and many others....
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