Hints and tips:
...Buonanno et al conclude from a study of their tax returns that purging City Hall of mobsters results in “a significant and sizeable increase of social capital” over the long term....
...Today’s top stories The US Federal Reserve announces its decision on interest rates at 2pm ET/7pm London today. Check back here for details and reaction....
...Shares in other banks considered to have some degree of asset-liability mismatch (Western Alliance, Zions et al) only saw their shares wobble a little bit yesterday....
...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....
...To put it more simply: Jiang et al argue there are $2.2tn in mark-to-market losses out there, and there is only $2.2tn in equity in the US banking system....
...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...
...The film that finds no room for a generation that grew up with camera phones, YouTube et al is easily ignored....
...Burford got out of its funding arrangement with Donziger et al after it had already put up $4m. “Chevron” had been part of its portfolio....
...IAG, easyJet, Ryanair et al are no Flybes. But the International Air Transport Association has declared that without state aid, Europe’s airlines could be bust by May....
...al, with just $9bn on legacy oil and gas....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...There’s not much precedent to support the idea that Shina et al can walk away based on a MAC clause: WPP was forced against its will to buy Tempus in 2001, Guy Hands couldn’t scrap a bid for East Surrey...
...As Copeland et al noted in 2015: A complete unwind of all repos, and not merely of those maturing, is an operationally simple process....
...This is exactly what Fisher et al called for in the 1930s. This full separation is an unlikely scenario....
...We followed along with FDR, Eisenhower, JFK, Reagan, Clinton and Bush et. al in their postwar course because we wanted to or had to: there was no alternative worthy of considering or competition....
...Zettelmeyer et al therefore recommend an additional €100 billion loan from the ESM to tide the Greek government over until the early 2030s, at which point the difference between the yield on GGBs and the...
...First, Brunnermeier et al use ESBies as a way to deny joint liability among sovereigns....
...Who ultimately wins the stand-off — Mr Dimon et al or the market — will hang in part on how duty-bound JP feels to stand by its pledge....
...“A concern for reputation incentivises banks to seek risky ventures (to keep dancing), the more so the better is the market’s prior on the macro state (the louder the music),” Aikman et al argue....
...And here is the lengthy background from Sweeney et al....
...From the latest BIS quarterly review, in particular its bit on dollar credit to EMs (our emphasis): [Fed largesse]… drove a surge in issuance by both long-standing issuers and new ones (Mizen et al (2012...
...al (2014)....
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...The question is whether that benefit would look so attractive were JPMorgan et al forced to internalise most of the costs of a breakup while remaining in their current form....
...al): We come to several conclusions: 1....
International Edition