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...
...Take a break from the news V-necks have been verboten for as long as most of us can remember, writes Teo van den Broeke....
...bank SG Warburg....
...“He brought me to America in the ’70s when England was in black-and-white. America was in colour.”...
...chairman of the “buy now, pay later” company....
...The Chinese property sector has emerged as the biggest threat to the stability of the global economy, fuelling a “dramatic shift” out of emerging market stocks and into the US, according to Bank of America...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...But Gautam Puntambekar, country executive for Bank of America, says that “when you talk about semiconductors, Malaysia is invariably part of the conversation”....
...America’s Private Bank....
...Faltering demand and market uncertainty pushed business activity in the Ulster Bank Northern Ireland Purchasing Managers’ Index down to 48.2 in July from 52.5 in June, indicating that a majority of businesses...
...But since the financial crisis there’s been a slow-but-sure shift in Europe, with more and more companies tapping capital markets rather than their usual club of domestic banks....
...A handy thing about the recurring nature of M&A speculation is that for all the most likely deals, there’s a readymade bank of analysis available for recycling....
...AT&T has a lot of debt. The US telecommunications company’s total borrowings stretch well north of $130bn, a bigger debt pile than many countries....
...Storage exec unlocks capital A Lok’n Store director has offloaded £2mn worth of shares, cutting his stake in the company by more than a third at a time when the business has just completed two share placings...
...The writer is Elihu professor of economics at Yale University, former chief economist of the World Bank and author of ‘The Unequal Effects of Globalization’ Economic policy today seeks to address a dizzying...
...When a bank recruits a team of advisers from a competitor or from an independent practice, it often makes “recruitment loans”, intended to be forgiven over a period of nine to 12 years....
...Toronto’s downtown used to be dominated by Canada’s big banks, but its skyscrapers now host a who’s who of Big Tech....
...Modi brushes aside a question about a recent relaxation of US-China tensions, saying they are “best addressed by the people and government of America and China”....
...In March, the US Federal Reserve and Bank of England raised rates by a quarter point rather than a half point. Is some of this related to concerns about the banking sector?...
...If you haven’t yet read Time Shelter (W&N/Liveright) by Georgi Gospodinov, winner of this year’s International Booker Prize, a treat awaits: it’s a brilliant, elegiac and darkly humorous story of memory...
...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....
...at the Monterey Pop Festival – a moment immortalised in one of the most famous rock ’n’ roll photographs of all time....
...BNP Paribas has hired Bank of America veteran Frank Kotsen as global head of distressed debt. He was most recently a partner and head of credit at hedge fund Silver Spike Capital....
...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.”...
...“CEOs often lack candid challenge . . . and instead end up in a little echo chamber, which is when companies are in danger of getting things horribly wrong,” said one CEO....
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