Hints and tips:
...Another, not previously reported, involved a sizeable investment in the Grayscale Bitcoin Trust, the world’s largest bitcoin fund whose GBTC units offered investors a tradeable product that tracked the digital...
...Fogelberg joins from Kirkland & Ellis, where she was a partner and worked with C Street founder Jon Henes, a former Kirkland & Ellis partner....
...But the bottom line is, financial conditions have a strong correlation with real [gross domestic product]....
...financial liability in their accounts just as they would a bank loan or a bond issue....
...One downside is that the delay in completion could eat into the length of the fixed rate, as most products will be fixed until a specified date....
...As always, you can reach us at Imani.Moise@ft.com or Sid.V@ft.com. Thanks for reading....
...Fitch on Wednesday became the latest group to issue a warning, slashing Evergrande’s foreign currency credit rating from triple C plus to double C and saying that a default of some kind “appears probable...
...“I saw the kimono exhibition at London’s V&A before things closed down – I often go there for inspiration,” she says....
...Goodwin has hired Oded Schein as a partner in its Munich tax practice. He joins from Kirkland & Ellis....
...This is not just blind trust....
...Today’s early rally seems to be fading a bit, having always been easier to attribute to net underweight equities positioning than curve-flattening V-shaped optimism....
...Here’s CNBC, which broke the story: Rates are being cut for a number of affiliate product categories....
...These factors mean that what was supposed to be a V-shaped trajectory in AxJ would look more U-shaped....
...A lot of people would probably complain about breach of trust and the like — but complaining is to self-identify as a tightfisted wrong'un....
...Here’s Barclays to add up the damage: HSBC told us at FY19 they expect to take a c$200-500m ECL charge in Hong Kong, primarily as a result of Covid-19....
...Heading into what we anticipate to be a c....
...“It is all about trust and comprehending what is there,” says Alf Neumann, a board member at Allianz’s life insurance business....
...Costco’s Kirkland private label products were seized on by Chinese shoppers this week....
...Containment of the number of new cases has been impressive in mainland China, and we now expect a V-shaped recovery from the second quarter onwards there....
...“This is a great success story,” said Kushner in late April. “We have prevailed,” said Trump on Monday. Economists say a V-shaped recovery is unlikely....
...The rest — treatment of capital gains, carried interest, limited liability corporations, inheritance — was a shameless giveaway in a time of mounting income inequality....
...We estimate the group entered the year with a modest cash position on a pro-forma basis but has c£250m of lease liabilities (pro-forma)....
...Finally, UBS highlighted SoftBank’s move last week to reduce its liability to a Wirecard €900m convertible bond....
...The entire human genome – which includes all of a person’s genes – contains 3.2 billion pairs of those bases – lettered A, C, T and G – which provide the blueprint for how our cells function....
...The ONS estimates the value of land and assets-over-land to be over £5tn compared to a GDP of c£2tn....
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