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...
...“Growing the wealth business is a strategic priority,” chief executive Jane Fraser wrote on LinkedIn last month, as she welcomed Andy Sieg to Citi after a long career at arch rival Bank of America’s Merrill...
...patrick.jenkins@ft.com...
...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...
...“It’s a hard financial stability issue to address because most of our regulation is about individual institutions, individual banks, individual money market funds, individual brokers; it’s just in the nature...
...., 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....
...Bank of Canada governor Tiff Macklem gives a speech and then a news conference....
...The result has been a global influx of executives: Bank of America in Paris, for example, today employs about 600 staff (up from 70 a few years ago) from 49 different countries....
...Jim O’Neil, who heads Bank of America’s corporate and investment banking operations in Europe, the Middle East and Africa, and who worked closely with Bischoff in a former role, said: “Win exemplified the...
...But Gautam Puntambekar, country executive for Bank of America, says that “when you talk about semiconductors, Malaysia is invariably part of the conversation”....
...One scoop to start: Permira has selected Bank of America, JPMorgan and Mediobanca as joint global co-ordinators for the forthcoming market listing of the private equity group’s Italian luxury sports shoe...
...Rumours have floated on Wall Street about a pair of co-chiefs potentially replacing Goldman Sachs boss David Solomon. The FT’s Patrick Jenkins examines the pros and cons of the dual-CEO model....
...“I worry that the investor update will not address the dominance of the investment bank,” says Bank of America analyst Alastair Ryan....
...After nearly two decades at the helm of the US’s biggest bank by assets, Jamie Dimon is (as FT dep ed Patrick Jenkins wrote this week) the de facto King of Wall Street....
...Amazon is investing $115mn in exchange for a minority stake in the television networks that screen some of America’s biggest sports....
...Honest dialogue Société Générale’s investor day may have flopped but such events bring some much-needed strategic focus and transparency to Europe’s banks, writes the FT’s Patrick Jenkins....
...That nominally left Jenkins in charge of America’s Frontline Doctors....
...to Bob “Chip” Roberts IV and Bill “Scooter” Williams V....
...The New York rap grandee Nas voices extracts from Armstrong’s letters in the film, an inspired move linking different eras of black American vocalism....
...It’s dangerous to assume UK banks are profiteering, writes FT deputy editor Patrick Jenkins....
...Patrick Jenkins is deputy editor of the FT Find out about our latest stories first — follow @ftweekend on Twitter...
...Around the corner, the spectre of a branch of Silicon Valley Bank, which collapsed in March, is another reminder of a fragile financial infrastructure....
International Edition