Hints and tips:
Related Special Reports
...JO Hambro Capital Management severed its 10-year relationship by selling out of Abrdn last year....
...Email Jo at jo.ellison@ft.com Find out about our latest stories first — follow FT Weekend on Instagram and X, and subscribe to our podcast Life & Art wherever you listen...
...Having only seen the nave used for elaborately staged Chanel shows in the past decade, I have found it quite a revelation to admire the empty space. Left Bank or Right? That is the question....
...The bank moved to its current premises on Rue de la Corraterie in 1858, and several years ago I had the chance to visit and take part in a panel discussion about the state of luxury....
...We are in what Clothier describes as the “tulip stage” where “literally anything can happen”....
...Email Jo at jo.ellison@ft.com Find out about our latest stories first — follow @ftweekend Letter in response to this article: The key to our fascination with Ancient Rome / From Daniel Seifert, Singapore...
...A second plotline revolving around a Nasa scientist (played by a habitually gruff Jonathan Banks) who was remotely overseeing an arcane experiment on the ISS at the time of the explosion only raises further...
...The Delaware court this year invalidated such a practice at the investment bank Moelis & Co, which had given its founder veto power over nearly all of the standard work conducted by a board of directors....
...The odds are it will be coming from card-issuing banks such as JPMorgan, Citigroup or Bank of America rather than Visa or Mastercard. Banks have plenty of ways to offset lower interchange fees....
...The biggest profit driver was Citi’s corporate and investment bank, where fees jumped about 50 per cent from a year ago....
...JPMorgan Chase, Bank of America, Wells Fargo and Citigroup collectively made $253bn in net interest income (NII) for the whole of 2023 — a 19 per cent jump from 2022’s total....
...A version of this article was first published by Nikkei Asia on March 30. ©2023 Nikkei Inc. All rights reserved....
...NYCB gets worse It is a sign of our times that a pretty big US bank is in deep crisis and nobody much cares....
...That’s the way it is now inside the big banks. Banks strike back at private credit A dearth of large buyouts to kick off 2024 has clouded hopes of a deal rebound....
...“But the fact that the announced M&A is up is a good indication that you should see a pick-up of revenues later in the year.”...
...“These are extraordinary concessions by Visa, Mastercard and the banks,” said Jaret Seiberg, an analyst at brokerage TD Cowen, who added that the settlement could represent a threat to credit card rewards...
...But all three generate surprisingly big chunks of their operating income from profit-sharing agreements with their partner banks....
...The poll is likely to reassure officials at the European Central Bank that the eurozone is still on track for a “soft landing” as the economy avoids a recession while inflation falls steadily towards its...
...If a company has money on hand, there are six options: bank it; pay down debt; invest internally; make an acquisition; buy back shares; or pay a dividend....
...The hard-nosed advice was a key tool Raghavan used to motivate employees, win deals and help transform JPMorgan into the leading global investment bank....
...After a crash, the pain can be delayed but then hits with a vengeance. That is the danger European carmakers face....
...The regional bank lost $260mn in the final three months of 2023, down from a gain of $164mn in the same quarter a year before....
...The answer is that there are several different reasons, because there are a variety of problems which a bank might hope to solve with a co-head structure....
...In today’s newsletter: Everybody Hertz sometimes Unilever says goodbye to ice cream European bank bonuses dip, unsurprisingly A Wall Street rental car dream becomes a nightmare A year ago, Hertz released...
...chooses to allocate to bitcoin is going to depend on how much they want their portfolio to go up and down, Citi’s summary presentation summarises: “Reverse-optimisation in the style of Black-Litterman:” the bank...
International Edition