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...
...The story of how America used its own data networks is one Farrell and Newman tell very well....
...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...
...The biggest reshaping of global trade since Russia’s invasion of Ukraine threatens to cause lengthy queues at ports, supply chain disruptions for retailers and stoke inflation that central banks have been...
...., 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....
...to the Central Bank of Russia — do not prevent payments to bondholders....
...But Gautam Puntambekar, country executive for Bank of America, says that “when you talk about semiconductors, Malaysia is invariably part of the conversation”....
...Michael Ebert, who co-led Credit Suisse’s investment bank with Miller, has been made sole head of the business as well as head of the Americas for UBS’s investment bank....
...Amazon is investing $115mn in exchange for a minority stake in the television networks that screen some of America’s biggest sports....
...An Ice Bank of America index of gilts has risen by 2.7 per cent over the past month, although it remains down by over 3 per cent since the start of the year....
...The debt load Tapestry will be saddled with — some $8bn of bridge financing provided by Bank of America and Morgan Stanley — will limit how the company can compete for other prestige brands surely to come...
...to Bob “Chip” Roberts IV and Bill “Scooter” Williams V....
...The world’s central banks made a show of unity by cutting rates together in October 2008, but only a few months later governments were arguing about the right amount of fiscal stimulus....
...Lex wonders whether central banks are right to relent in their quest to quell inflationary pressures just in case more banks follow the collapse of Silicon Valley Bank....
...Gary Stevenson So really, how did the banks determine who they give the internships to? And what it comes down to is CV and cover letter. And LSE has a lot of very wealthy students....
...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.”...
...Henry Farrell and Abraham Newman, two of the great gurus of economic interdependence, say that weak links in finance and supply chains are easily weaponised....
...This is about a very small subset of women who can go to a plaintiffs’ law firm and say, ‘Look, my target is a billionaire.’” V....
...There are some big names among the members — tech giants Apple, Google, Microsoft and Sony; financial groups like Axa and Bank of America; industrial groups from Anglo American to Shell (the FT chief executive...
...In response to the initial wave of western sanctions after the first Ukrainian crisis, the Central Bank of Russia moved its dollars out of the US — but, to a remarkable extent, held on to them....
...When I last spoke to Goodall in February 2022, the company had just raised $20mn in a funding round led by Bank of America and Edenred Capital Partners....
...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!...
...The renewed interest in regtech follows a spate of regulatory investigations in Europe and North America into how bankers communicate with their clients and the resulting departure of individuals....
...Yet in Donald Trump’s America, with culture wars raging, companies that had adopted broad and sometimes vague notions of purpose found themselves the target of campaigns with a sharper edge....
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