Hints and tips:
...American banks own a significant amount of US government debt. As the yield on that rises, the paper losses associated with the holdings rapidly multiply....
...The focus of central banks on avoiding 1970s-style inflation is clashing with expectations of a sharp economic contraction that will require a return to easing....
...“The rumours of Chicago’s demise are greatly overexaggerated,” said David Casper, chief executive of Chicago-based BMO Harris, the US arm of the Bank of Montreal....
...Digital bank runs: When Silicon Valley Bank failed it was dubbed the world’s first “Twitter-fuelled bank run”. Economists have now tested whether this is true....
...Republican leaders in the state — the largest US oil and natural gas producer — have accused some banks and asset managers of hostility to fossil fuels....
...Elsewhere, Fed board governor Michelle Bowman will give a talk at the Institute of International Finance on the supervision of large banks....
...“I think the use of the Emergencies Act overall is not going to damage Trudeau’s brand,” said Lori Turnbull, a politics professor at Dalhousie University in Nova Scotia....
...Lori Lightfoot, mayor of Chicago, said this week she was “disappointed” that some stores on Michigan Avenue were not doing more to employ security officers, lock up merchandise at night and chain up high-end...
...The near future of Lori Ann Stephens’ Blue Running (Moonflower Books, £16.99) is markedly less light-hearted. Texas is now segregated from the rest of the US, having surrounded itself with a wall....
...“Once, EMBA programmes were composed of people sponsored by their organisation who were moving up in a big bank or consulting company,” says Lori Rosenkopf, vice-dean of entrepreneurship at the Wharton School...
...“How we implement this policy will depend on local conditions and regulations,” Lori Goler, vice-president of human resources, said in a statement....
...Queues formed outside food banks. Less than two years later, the picture is very different....
...Lori Heinel, State Street’s global chief investment officer, expects European equities to outperform but thinks Chinese stocks also “deserve consideration” because valuations are below their long-term averages...
...Lori Heinel, deputy global chief investment officer at State Street Global Advisors, the third-largest asset manager in the world, said questions about inflation had been raised by clients in every investor...
...Barclays had taken a plunge by acquiring the US parts of Lehman Brothers when the investment bank imploded in 2008, but the deal quickly became a deadweight dragging the British bank down as well....
...Towpath: Recipes & Stories by Lori De Mori and Laura Jackson is published on 1 October (Chelsea Green, £27). @ajesh34...
...“Addressing material ESG issues is good business practice and essential to a company’s long-term financial performance — a matter of value, not values,” wrote SSGA’s Lori Heinel, deputy global chief investment...
...Hardly a surprise given the monetary largesse of central banks, led by the Federal Reserve. And yet there are doubters as to whether a genuine reflation trade is sustainable....
...Lori Heinel, chief investment officer at State Street Global Advisors, admits that the fact her longstanding optimism is now commonplace gives her pause....
...4,000 Lori Heinel DEPUTY CIO, STATE STREET GLOBAL ADVISORS What should investors expect?...
...Issuers have included supranational bodies such as the European Investment Bank, governments such as Indonesia and companies including Spanish bank BBVA and Bank of America....
...Plus, a former top currency trader at Citigroup has won an unfair dismissal case against the bank....
...Lori adds: “We haven’t yet seen signs of extreme bearishness among institutional investors or retail investors.”...
...Lori Calvasina, head of US equity strategy at RBC Capital Markets, says: “Although companies aren’t providing much official guidance, their commentary suggests investors need to prepare for a long, slow...
...But the equity market is watching developments and since mid-May stocks with higher exposure to China have lagged, notes Lori Calvasina at RBC Capital Markets....
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