Hints and tips:
...Regional bank shares plainly are not safe. We had some sympathy with a call from the Mid-Size Bank Coalition of America for an extension of deposit insurance above a cap of $250,000 each....
...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....
...There are some big names among the members — tech giants Apple, Google, Microsoft and Sony; financial groups like Axa and Bank of America; industrial groups from Anglo American to Shell (the FT chief executive...
...Which fintech tie-ups do you see happening by the end of the year? Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...As always, you can reach us at Imani.Moise@ft.com or Sid.V@ft.com. Thanks for reading....
...Perhaps the pension fund’s smoking gun was comments it cited from Twitter’s CFO Ned Siegel, who said at a Bank of America conference that the convertible bond proceeds were superfluous: “We probably were...
...of US economics at Bank of America Merrill Lynch....
...the US economy, while stressing his bank was also prepared for the possibility of runaway inflation or another wave of lockdowns....
...V. A month in, the occupation in Zuccotti Park — or Liberty Plaza — was becoming more permanent. Problems were emerging too....
...The terms include examining the impact of a V-shaped recovery, where economic growth falls sharply and then rebounds; a U-shaped recovery “in which only a small share of lost output and employment is regained...
...We see that now the rate of growth of loans to corporations on bank balance sheets in America is practically zero....
...“We’re here to help,” said Brian Moynihan of Bank of America. “We are here to help,” said Michael Corbat of Citigroup. “We are all here to help,” said Charlie Scharf of Wells Fargo....
...Since 2016, when US regulators revealed that Wells Fargo had opened millions of unauthorised accounts, nine of 14 members of the bank’s board of directors have stepped down, and the chief executive has changed...
...in Latin America....
...Banks appear to have passed the first test: a short but pronounced period of market mayhem and a co-ordinated drawdown of hundreds of billions of dollars of credit by corporations feeling the strain....
...He founded the team alongside Lachlan Murdoch, son of media tycoon Rupert and chief executive of Fox Corporation....
...Jennifer Epps-Addison, network president of the Center for Popular Democracy, a progressive advocacy group, argued that powerful corporations were “trying to weasel their way out” of their responsibilities...
...For example, the top five lithium producers — Albemarle, Jiangxi Ganfeng Lithium, Livent Corporation, SQM, Tianqi Lithium Corporation — have all faced allegations of corruption, tax avoidance or violating...
...for parts of corporate America....
...So far it has mainly relied on its dollar paid-in capital for funding, but in the future “50 per cent (of projects) should be local currency financed”, K.V....
...My own feeling is that this will not be a V or even a U-shaped recovery, but a downwardly trending W that has a high risk of turning into a L....
...HSBC, in common with its UK bank peers, suffered the “mandated” cancellation of its 2019 final dividend and a “block” on dividends during calendar year 2020....
...(FT) Warren v Wall Street? Elizabeth Warren is one of the country’s most prominent critics of Wall Street firms and big banks....
...(FT) Deutsche Bank’s decision makers The takeover saga between Deutsche Bank and Commerzbank seems to be coming to a head....
...Qubits v bytes: how quantum computing works Quantum computing taps into the quirky behaviour of sub-atomic particles, which bend our normal understanding of physics....
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