Hints and tips:
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...rises Merit goods: UK graduates to pay more as repayment threshold on loans lowered Asymmetric information: Student loans — Should the Bank of Mum and Dad step in?...
...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...
...They say he worked with Iran’s central bank to move hundreds of millions of dollars to avoid American sanctions....
...Click here for the shortlist US: Senate banking committee expected to publish testimony from the chief executives of JPMorgan, Goldman Sachs, Bank of America, Citigroup and four other lenders ahead of their...
...And so in the 1990s, a lot of Western banks and other companies, they chose Dubai as their base in the region....
...The riskiest, most beat-up members of the group (KeyCorp, Comerica, Zions, Western Alliance et al) rose the most....
...Claer Barrett And I mean it’s interesting to note that lots of UK investors will have a lot of exposure to their home market to the UK....
...[MUSIC PLAYING] Hot Money is a production of the Financial Times and Pushkin Industries. It was written and reported by me, Miles Johnson....
...The bank is looking to raise the same amount again for the project through different financial instruments such as grants, loans, guarantees and risk-sharing mechanisms....
...Private sector investment in green tech is also exploding as Al Gore, the former US vice-president, explained with passion at a Moral Money party that I co-hosted with Imagine’s Valerie Keller, at my home...
...SF: You wrote earlier this year that the long period of lax monetary policy had created increased systemic risks. The context for that was the turmoil around Silicon Valley Bank, et al....
...The recent rise of the Faangs, et al, looks like a knee-jerk reaction to the fall in rates and rate expectations that followed the banking mess (the 10-year yield has fallen from 4-ish per cent to 3.6-ish...
...Energy’s loan programmes office, told Energy Source in April....
...Edward Luce: Nothing better captures the fragility of America’s democracy than the impunity of its Supreme Court....
...: home loan trend will help HDFC forge ahead (Lex)...
...In the old days, such financing would be the coveted preserve of syndicated loan powerhouses such as JPMorgan, Bank of America or Citigroup....
...month of the next tranche of a $3bn loan....
...Apollo has built or acquired more than a dozen platforms to originate loans, including the former securitised products unit of Credit Suisse, once a crown jewel of the Swiss bank....
...But as Steven Kelly of the Yale Program on Financial Stability pointed out to me, Yellen et al will need the goodwill of the big banks should some other bank or banks get into trouble....
...Adarsh Sinha, Bank of America FX analyst, disagrees. In a note yesterday, he argues high interest rates make this time different than in 2011....
...If we are right that consumer spending, despite some recent softening on the margin, is still at or above trend, that is another thing for Powell et al to fret over....
...I went home in floods of tears. My main memory as a kid was that we didn’t have any money. I was that kind of kid....
...Need to know: Global economy Sultan Al Jaber, the president-designate of COP28 and head of the Abu Dhabi National Oil Company, promised to “supercharge” global climate finance, finalise a $100bn fund to...
...Morgan Stanley has hired Credit Suisse’s head of healthcare investment banking for the Americas Ryan Bondroff, Bloomberg reports....
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