Hints and tips:
...We saw this online yesterday (h/t @quantian1): . . . “97% of the public agrees” that Basel III Endgame is “bad for working Americans”? What does that even mean?...
...analysis / From John Pattison, Toronto, ON, US...
...Basel III endgame package to be scrapped....
...John Murray Guildford, Surrey, UK Letter in response to this letter: Capital gives owners of banks skin in the game / From Thomas Timberg, Bethesda, MD, US...
...John Pattison Toronto, ON, US...
...“As a macro strategist, this is what I dream about,” said John Butler, head of macro at Wellington Management in London. “This is the best macro environment I’ve experienced in 30 years.”...
...figures US: Conference Board March Consumer Confidence Index Results: 888 Holdings FY, Asos trading update, AG Barr FY, Bellway HY, Fevertree Drinks FY, Flutter Entertainment FY, Forterra FY, GameStop Q4, John...
...Sunday Australia: Philip Lowe steps down as Reserve Bank of Australia governor....
...Hester is now chair of Nordea Bank and easyJet....
...Baker Tilly secured a $1bn investment led by H&F in February. Buyers are spotting an opportunity that has played out inside their own industry....
...“The performance of the bank stocks right now is reflecting concerns that are a little bit more about the next couple of quarters,” said John McDonald, senior analyst for large-cap banks at Autonomous Research...
...big banks....
...John Roberts, who worked for 35 years at the Fed, said he expected the central bank to skip a September rate rise and then reassess at later meetings....
...Just take a look at Bank of America’s latest fund manager survey for August....
...with British merchant bank SG Warburg....
...According to World Bank estimates, in February 2023 the cost of recovery in Ukraine had already reached $411bn. This number grows day by day....
...Steve H Hanke Professor of Applied Economics Matt Sekerke Fellow, Johns Hopkins UniversityBaltimore, MD, US...
...Some lenders are responding already: earlier this week, Yorkshire Bank, Clydesdale Bank, Nationwide and Gen H all increased mortgage rates on some deals....
...John Williams of the New York Fed on Wednesday reiterated the central bank’s determination to tackle inflation and said there was “more to do” with regards to interest rate rises....
...Also on Friday, John Williams, president of the New York Fed, warned that despite the coronavirus pandemic and the recent surge of inflation, central banks were most likely to have to grapple with low interest...
...Lenders are now also facing further regulations under the so-called Basel III capital rules, which JPMorgan boss Jamie Dimon in September warned risked making bank stocks uninvestable....
...The ancient ceremonials and military marches that attended the coronation of King Charles III on Saturday gave way to parties and events across Britain, as the UK enjoyed a special Bank Holiday weekend....
...John Ray III has built a 40-year career tending to companies hit by epic blow-ups, from Enron to Nortel Networks. But as the new boss of FTX, he may be facing his toughest task yet....
...An early critic compared it to “an enormous whale stranded pitifully on the banks of the Seine”....
...lonely over the bank holiday weekend....
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