Hints and tips:
...in the hunt for yield....
...I can today confirm we will increase the rate of tax credit by 5% and remove the 80% cap for visual effects costs in the Audio-Visual Expenditure Credit....
...Bespoke rules make contracts “very, very difficult to port from one provider to another”, said Nikesh Patel, chief investment officer at Van Lanschot Kempen Investment Management....
...In July 2021, the SEC fined UBS Financial Services, now owned by Credit Suisse, $8mn for holding short-term, volatility-linked ETPs for customers longer than designed....
...A version of this article was first published on November 1 by Nikkei Asia. ©2023 Nikkei Inc....
...In today’s newsletter: Jane Fraser’s bold hire at Citigroup Private credits hunt for yield Sequoia’s clean-up job Citi bets on one of JPMorgan’s top bankers Investment bankers at JPMorgan Chase sometimes...
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Simone Verri will be head of Emea structured credit products, while Jeroen Rombouts will lead Emea investment grade capital markets and risk management, and Jonathan Fine will head global investment grade...
...Private credit co-heads James Reynolds and Kevin Sterling have also been named global head of direct lending and global head of investment-grade private credit and asset finance, respectively....
...The collapse of Silicon Valley Bank and Credit Suisse sent shockwaves through the banking sector and has stoked fears that credit will become less available and more expensive....
...BlackRock supplements its money management business with a chunky technology services business centred on its Aladdin risk management platform....
...FT Live event: Future of Asset Management Asia The Future of Asset Management Asia is taking place for the first time in-person on 11 May at the Westin Singapore and will bring together Asia’s leading asset...
...Buying Credit Suisse Wealth Management would instantly give it a way to sell its wares directly to the world’s upper class....
...In today’s newsletter Fink hunts for deals Credit Suisse faces reality Wirecard’s ex-boss takes the stand BlackRock’s eight-trillion-dollar-man goes fishing Larry Fink loves fly-fishing, music and big...
...At the end of last year, just over half of the Wharf’s tenants were financial institutions, including JPMorgan Chase, Morgan Stanley and Credit Suisse....
...A version of this article was first published by Nikkei Asia on June 13, 2023. ©2023 Nikkei Inc. All rights reserved....
...“We will hunt every single one of them till the day they die.” Eh? Remember that at the time, Musk was arguing that Twitter had breached the merger agreement because of bots or whatever....
...The investment manager’s US subsidiary, Abrdn Inc, also struck a deal with Tekla Capital Management to acquire four US-listed healthcare and biotech trusts, with $3bn of assets....
...It limits credit risk and is available on the exchange.”...
...“It has been really disappointing to see the huge cut proposed in R&D tax credits,” she said. “It has allowed us to get to the place where we are, and help the people we do.”...
...His hedge fund mentor, Vivek Kapoor, a former Credit Suisse executive and chief investment officer of Volaris Capital, confirmed his story....
...You can reach me at sid.v@ft.com. Happy reading!...
...Brookfield is also borrowing nearly $900mn from Goldman Sachs Asset Management’s private credit arm for its roughly $8bn acquisition of software company CDK Global, according to people briefed on that transaction...
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
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