Hints and tips:
...The two companies have also signed a long-term partnership that will see Great-West Lifeco’s parent, the Power Corporation of Canada, allocate $25bn to Franklin’s alternative investment funds, which had...
...Ro Khanna, a Democratic congressman from California, on Sunday encouraged the FDIC to work with private-sector institutions to come up with a solution for First Republic....
...The US government has asked JPMorgan, PNC and several other financial groups, including a handful of non-bank investment firms, to bid for all or part of First Republic, as US regulators try to determine...
...It makes financial sense. A toxic corporate culture drags down workforce morale and can be a bombshell waiting to explode....
...local investment banks such as China International Capital Corporation and Citic Securities find it harder to compete....
...But as an art historian with a doctorate from Oxford University, and a former trustee of the Prince’s School of Traditional Arts, she is most engaged by the cultural projects it enables, specifically those...
...SoftBank already has a reputation as something of a whale in the investment banking world, paying $894m in fees in 2018, according to the Financial Times....
...In 2010, it received a $465m loan from the Department of Energy to, among other things, help develop its manufacturing plant in California. In 2013, it paid the loan back with interest....
...In the decade since the deal JPMorgan’s profits from WaMu, which gave the group a network of branches in states from Florida to California, have been “many times more” than the cost of the deal and its fines...
...When Colonial failed a few days after TBW, there was a $2.8bn cost for the Federal Deposit Insurance Corporation, which sued PwC....
...Mark Grier, vice-chairman of Prudential Financial, said last week that the debacle at MetLife was “certainly getting a lot of attention”....
...When Colonial collapsed in August 2009, there was a $2.8bn cost for the Federal Deposit Insurance Corporation, which sued PwC....
...“Good luck to anyone renewing a mortgage at a significantly higher rate,” says Marc Cohodes, a California-based short-seller who has waged a long campaign against Home Capital, Canada’s largest provider...
...He is hoping for hard evidence of a turnround at Banc of California, for example, a $10.3bn-in-assets lender still struggling to move on from a torrid period in which it replaced almost all of its top executives...
...Last year, Mr Trump blocked the $1.3bn acquisition of Lattice Semiconductor, citing national security concerns over the Chinese government’s financial backing for the deal....
...Toshiba has argued that the San Francisco court has no jurisdiction over the sale of a Japanese corporation to another Japanese corporation in Japan....
...A court in California on Tuesday granted the US company a temporary order preventing Toshiba from doing that....
...The bank had announced a settlement between BUSA and the Federal Deposit Insurance Corporation and California’s Department of Business Overisght in July 2015, when it also announced its plan to wind down...
...The SEC complaint says Mr Yin’s five accounts also profited from suspicious trading ahead of market-moving news in another US company, Lattice Semiconductor Corp, and three Chinese companies, 58.com, Ctrip.com...
...Andrew Hill is the FT’s management editor and a trustee of The Ruskin Foundation...
...• Alaska Permanent Fund Corporation has appointed Russell Read as chief investment officer....
...To listen to Google, Facebook and the rest is to hear corporations that have come to believe their own propaganda: as custodians of the digital future, theirs is a higher calling that should grant them immunity...
...Forget the fact that its financial teams were doing what all such groups should do — which, among other things, is to minimise tax payments....
...The Corporate Jet Files, an analysis of 1,000 securities filings by the Financial Times, has found that a significant number of corporations are still footing the bill for their executives to take personal...
...Refinancing that amount may prove a hurdle for corporate executives and chief financial officers if earnings come under more pressure....
International Edition