Hints and tips:
Related Special Reports
...Last week the BoE kept rates at 5.25 per cent for a fifth consecutive meeting, as widely expected....
...Ergo, R+V, Allianz and Volkswohl-Bund declined to comment. Signa did not respond to a request for comment....
...Context: The EIB is the EU’s lending arm and the world’s largest multilateral development bank....
...Shares in Abrdn have shed two-thirds of their value since the merger with Standard Life....
...The bank said it had spent $186mn on severance costs in the third quarter alone, with 7,000 jobs jettisoned....
...to the World Bank....
...Abbaly, who has helped nurture young Nigerians’ talents over the past ten years through various programmes, believes education is the best route out of poverty in a country where two-thirds of the 213mn...
...This is the third successive year that the FT has celebrated Europe’s Tech Champions....
...Third, the four largest US banks have paid out $630bn since 2013 in share buybacks and dividends, equalling more than 80 per cent of their net income — that’s what they are choosing to use their capital...
...Tim Spence, chief executive at Fifth Third Bank, based in Cincinnati, Ohio, said the competition for deposits remained “robust”, but that banks were no longer having to offer customers such generous terms...
...A third allegation — recently raised by Paweł Mucha, a member of the Polish central bank’s management board — concerns Glapiński’s projection that the central bank would make a sizeable profit in 2023....
...Phenomenal World) — The decrease was primarily due to a $9.3 million increase in other operating expenses resulting from the recognition of a $9.5 million contingent loss related to cash that was stolen from a third-party...
...bank SG Warburg....
...That shake-up is the driving force behind 20,000 job cuts at Citi, the third-largest US bank by assets....
...Regulators want to cap the late fees that large card issuers can charge to $8 — less than a third of their current levels. Yet you wouldn’t know it from the share prices of the card companies....
...In the UK, the value of used EVs fell about a fifth, far higher than the overall market where resale values dropped only 3.7 per cent, according to the bank which referred to Auto Trader data....
...Banks are demanding interest of over 11 per cent from almost one-third of would-be borrowers, says the FSB....
...The US in effect closed Latvia’s third-largest bank ABLV in 2018 after accusing it of helping to fund North Korea’s weapons programme....
...That suggests Japanese banks’ total exposure to such US office loans is about ¥1.08tn and means Aozora’s represents about a fifth of the total....
...Robert Zoellick Former President, World Bank, McLean, VA, US Philip Zelikow Hoover Institution, Stanford University, CA, US...
...That was despite a 35 per cent rise in third quarter net profits that beat market expectations. Spanish bank shares have outrun most European peers this year....
...Investors have deserted this bank. Third-quarter results did nothing to dispel the gloom....
...But with a HIV patent set to expire in 2028, a fifth of GSK’s sales were exposed to patent cliffs by the end of 2030, according to Bank of America analyst Graham Parry....
...Spotify will axe almost a fifth of its workforce after warning that economic growth had slowed dramatically and it needed to cut costs....
...The FCA said the draft rules would be open to consultation until February and that it expected to finalise them by the third quarter of next year....
International Edition