Hints and tips:
...Last week it took part in a $3.84bn debt sale tied to the buyout of software group Citrix, picking up the junior bonds at a deeply discounted price when lenders led by Goldman Sachs and Bank of America raced...
...Bank of America last month sent “letters of education” to staff who were coming into the office fewer than three days a week, threatening “disciplinary action” if their attendance did not improve....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...., Ltd. v. Banco Popular Del Peru or Allied Bank Int’l v. Banco Credito Agricola de Cartago is your idea of fun....
...“Structural reasons as well as the interest rate environment are both contributors,” said Jill Carey Hall, equity and quant strategist at Bank of America....
...But Gautam Puntambekar, country executive for Bank of America, says that “when you talk about semiconductors, Malaysia is invariably part of the conversation”....
...Amazon is investing $115mn in exchange for a minority stake in the television networks that screen some of America’s biggest sports....
...to Bob “Chip” Roberts IV and Bill “Scooter” Williams V....
...Lex wonders whether central banks are right to relent in their quest to quell inflationary pressures just in case more banks follow the collapse of Silicon Valley Bank....
...Gary Stevenson So really, how did the banks determine who they give the internships to? And what it comes down to is CV and cover letter. And LSE has a lot of very wealthy students....
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...This is about a very small subset of women who can go to a plaintiffs’ law firm and say, ‘Look, my target is a billionaire.’” V....
...There are some big names among the members — tech giants Apple, Google, Microsoft and Sony; financial groups like Axa and Bank of America; industrial groups from Anglo American to Shell (the FT chief executive...
...In response to the initial wave of western sanctions after the first Ukrainian crisis, the Central Bank of Russia moved its dollars out of the US — but, to a remarkable extent, held on to them....
...When I last spoke to Goodall in February 2022, the company had just raised $20mn in a funding round led by Bank of America and Edenred Capital Partners....
...US drillers sound the recession alarm bells America’s oil and gas drillers are growing increasingly uneasy about a potential recession as surging costs and persistent shortages of equipment and workers...
...Which fintech tie-ups do you see happening by the end of the year? Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...The renewed interest in regtech follows a spate of regulatory investigations in Europe and North America into how bankers communicate with their clients and the resulting departure of individuals....
...He dismissed forecasts from local banks that recent aggressive interest rate rises by the central bank to combat inflation and growing market turbulence ahead of the October 2022 presidential and congressional...
...A former fund manager from Rio de Janeiro, Guedes regularly accuses both foreigners — and Brazilians themselves — of talking down Latin America’s largest economy, which he says has entered a “V-shaped recovery...
...We operate in the UK, North America, Canada, US and now in the EU plus peripheral Europe. We have a lot of clients in the private equity space and in private credit....
...But inside Gates’s Arts Bank is a world of culture, an archive of records, blues and jazz, magazines, walls lined with books, a repository of a vivid cultural history which belies the way black America was...
...The plans included launching a business in the Philippines, where the bank has already started applying for a banking licence, and acquiring a payments company in Latin America....
...Reach out to us at imani.moise@ft.com or sid.v@ft.com....
...Latin America’s largest economy had rebounded quickly from the initial impact of Covid-19, with GDP in the first quarter of this year returning to where it was before the pandemic struck at the end of 2019...
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