Hints and tips:
...The US markets take a break on Monday for Martin Luther King Day, but then we’re back into the thick of earnings season with the tail-end of the big US bank reports and a clutch of results from non-financial...
...Street bank seeking to navigate a difficult economic environment for lenders....
...“F.E.E.L.I.N.G.C.A.L.L.E.D.L.O.V.E” and “Sorted for E’s & Wizz” were ticked off like rites of passage from someone moving from Sheffield outsider to Britpop in-crowd....
...June 20 to September 8; further information and tickets here ‘Naomi’, V&A South Kensington An ode to the life and work of supermodel Naomi Campbell....
...At the moment, 64 separate carbon pricing initiatives cover about 21.5 per cent of emissions globally, according to figures from the World Bank....
...The FDIC invited financial institutions to bid for the failed lender, including PNC Financial Services and Royal Bank of Canada, and extended its initial deadline to allow them to take a closer look at SVB...
...To get there, Ant is building Alipay+ into a universal QR code, so a Korean user of KakaoPay e-wallet or a Malaysian user of Touch ‘n Go e-wallet can pay for a taxi in Singapore by scanning the Alipay+ code...
...That sounds like a reasonable expectation to have after Fed Chair Jay Powell doubled down on his hawkish tone at Jackson Hole last week....
...The professor apparently quoted Huck Finn, which of course uses the N-word, in explaining to a foreign student why censorship might happen....
...N R Bhanumurthy, vice-chancellor of the Dr B R Ambedkar School of Economics University....
...Geffen was one of the most successful music producers from the 1970s into the 1990s, working with artists such as Jackson Browne and releasing hit records for Bob Dylan, Joni Mitchell and Guns N’ Roses....
...Pittsburgh-based PNC struck a $11.6bn deal last year to buy the US business of Spain’s BBVA. Morgan Stanley and Bank of America advised MUFG on the deal, and US Bancorp was advised by Goldman Sachs....
...“But places like the George V [in Paris], they like bands to come in and bash it up, as long as they pay for it,” he adds, taking a ruminative puff on his e-cigarette....
...That, in turn, has softened the coronavirus economic crash in March and helped spark a subsequent rebound — creating a growth chart that looks like the “b” and “n” shape in the shorthand sign for “bank”....
...Many are looking to the Jackson Hole meeting of central bank governors, which will be held on Thursday and Friday in a virtual format, for clues....
...Amount of money raised so far: Holvi raised a total of €4.3m between 2011 and 2015. Valuation at latest fundraising: N/A Major shareholders: In 2016 Spanish banking group BBVA acquired Holvi....
...“We are far less optimistic about a V-shaped recovery than some people are saying. For developing countries, the worst is yet to come.”...
...Plus one big interview to start: PNC’s decision to sell its $17bn stake in BlackRock was prompted by the bank’s increasing fears over the US economy, chief executive Bill Demchak, pictured below, told the...
...Quick Fire Q&A Company name: Previsico When founded: 2018 Where based: Loughborough and London CEO: Jonathan Jackson What do you sell, and who do you sell it to: Real time actionable flood warnings...
...US regional bank PNC hit the headlines in December when it tightened the ways it allowed non-banks to access data....
...Just 30% expect a V shaped recovery in the stock market....
...Blog bits n bobs Izzy took us through how central-bank digital currencies (CBDCs) might be used as a kind of digital stimulus; a new tool for unconventional monetary policy at a time of unconventional happenings...
...But if the veteran banker was guilty of over-optimism when predicting the fortunes of Barclays five years ago, he is striking a cautious note now. “I don’t think it’s a V-recovery,” he says....
...The energy transition strategy update in March is key to becoming more positive on the stock, absent a V-shaped recovery for their O&G customers. Glaring value?...
...vote of no confidence from the bond market in the idea of a V shaped economic recovery....
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