Hints and tips:
...As one supply-chain finance specialist put it to FTAV: “You’re really putting your supplier in the role of a bank”. And this does not necessarily mean that banks are not involved at all....
...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.”...
...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!...
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Then, the 56-year-old billionaire started plotting the downfall of America’s best-known porn site....
...The company counts banking and technology heavyweights including Bank of America, HSBC, Barclays, Intel, ING, and UBS among its shareholders....
...The transaction is the latest in a series of regional US banking mergers as midsized lenders face pressure to consolidate to compete against the likes of JPMorgan Chase and Bank of America....
...Is America heading for a V-shaped economic trajectory after the Covid-19 shock? Or does a U, W — or dreaded L — shape loom instead?...
...“The growth has been phenomenal,” says Anne Finucane, vice-chair of Bank of America....
...“I would say that, as a team, we've pretty well discounted a uniform V-shaped recovery. The question is, is it U-shaped, is it W-shaped or parts of it L-shaped?”...
...Amount of money raised so far: £35m Valuation at latest fundraising: N/A Major shareholders: Blenheim Chalcot and Frog Capital There are lots of fintechs out there — what makes you so special: We’ve focused...
...The Bank of Mexico’s lowering of interest rates last week was the 800th rate cut around the world since the collapse of Lehman Brothers, according to Bank of America....
...Since 2016, when US regulators revealed that Wells Fargo had opened millions of unauthorised accounts, nine of 14 members of the bank’s board of directors have stepped down, and the chief executive has changed...
...It also compels investors to chase markets and for all the scepticism over asset prices, the latest survey of fund managers from Bank of America highlights a nascent shift in tone: True, four out of five...
...is really a vote of no confidence from the bond market in the idea of a V shaped economic recovery....
...Ashtead, a £6bn company, is down by a fifth with no news on the tape other than Bank of America repeating “buy” advice....
...Jefferies to summarise: SBRY reported an encouraging H2 of 19/20, with a resilient Q4 LFL ex/inc fuel of +1.3% underpinning a FY PBT of £586m (JEFe/cons £588m/£583m)....
...We think the revenue growth outlook for Europe is as bad as the GFC, N. America could fare slightly better. Preference for FCF, superior ROIC in challenging macro. CRH joins LHN and KSP at Overweight....
...There’s a longstanding perception that America needs a minimum of four wireless companies for healthy competition....
...It currently ranks among the largest in that segment, alongside UBS and Bank of America Merrill Lynch....
...Citi’s shares are down only 1.3 per cent in the past three months, making it the strongest stock market performer of America’s top six banks which averaged a 6.2 per cent fall since their last set of results...
...Last year was exceptional for Europe Inc in terms of growth, profitability and business expectations....
...That helps explain why a handful of banks have been among the first to dip their toes into the water....
...Now, a legal brawl between two of America’s biggest investment firms means the faltering rock’n’roll emblem has also become a symbol of the shifting hierarchy in global finance....
...From Tesla's latest quarterly report, with our emphasis: In June 2015, we entered into a senior asset-backed revolving credit agreement (the “Credit Agreement”) with a syndicate of banks... secured...
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