Hints and tips:
...A Bank of America survey on Tuesday showed fund managers continue to revise down their growth expectations for China....
...The Spanish lender hired Morgan Stanley M&A banker David Luwisch, former Jefferies industrials banker David Bradley and former Bank of America financial sponsors banker Andrew Greenwald....
...The Glazers entrusted Raine Group with United’s future after the US investment bank led the sale in May 2022 of Chelsea FC, achieving a price of £2.5bn in an accelerated process due to the sanctions imposed...
...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...
...A structural tailwind for Vietnam as a destination for foreign direct investment remains, said Mohamed Faiz Nagutha, south-east Asia economist at Bank of America Securities....
...Smart reads A tale of two Brookfields The Real Deal sorted through Brookfield’s financial statements and discovered billions in defaults. The property giant says it’s just a small part of the puzzle....
...In Sweden local banks worked together to develop Swish, a domestic digital payments system, which successfully pre-empted the entry of ApplePay....
...Job moves Ex-DWS boss Asoka Wöhrmann will take over as chief executive of struggling German property investment group Patrizia less than a year after he was ousted as head of Deutsche Bank’s asset manager...
...The last time bankers underwrote such a deal was when Goldman Sachs, Bank of America, BNP Paribas and Mizuho Bank agreed to provide £6.6bn of bridge loans to back Clayton, Dubilier & Rice’s take-private...
...Boutique investment bank LionTree has hired Andrew Olinick, co-head of North America private equity at London-headquartered 3i, as a managing partner, per Bloomberg....
...Despite the recent choppiness of financial markets, 51 per cent of US equity fund managers out performed the stock market in January, according to Bank of America....
...That didn’t hold back the meteoric ambitions of Evergrande — the highly indebted Chinese property developer — which had planned to convert a 2.2m sq ft plot of farmland in the territory’s Yuen Long district...
...The building was celebrated as one of Manhattan’s early “green” skyscrapers. Cook and Fox then joined forces in 2003 and designed the Bank of America Tower for the Dursts....
...Strict zero-Covid restrictions have put paid to any revival of the country’s stricken property sector....
...Bank of America has promoted senior investment bankers Will Addas, Gary Howe and Giorgio Cocini to run its global financial institutions investment banking group....
...Benjamin Wilson, head of shareholder activism in North America at JPMorgan Chase, has left the US bank to take a senior role in the M&A department of Guggenheim Partners, Reuters reported and DD confirmed...
...The first is that the US only needs a month or two to get back to a V-shaped boom....
...The loan on 1290 Avenue of the Americas was initially made by Deutsche Bank, UBS, Goldman Sachs and the state-owned Bank of China, but they sold it into the bond market in 2012, as a commercial mortgage-backed...
...and security of America at risk”....
...Around noon on September 24 2011, a young black man named Robert Stephens fell to his knees in the middle of the road outside Chase Bank headquarters on Liberty Street, New York City....
...Is America heading for a V-shaped economic trajectory after the Covid-19 shock? Or does a U, W — or dreaded L — shape loom instead?...
...Analysts at Bank of America expect China’s consumer inflation to ease further in September to a year-on-year rise of 1.7 per cent. In January, it was running at 5.4 per cent....
...“We have never seen anything like that, it was a liquidity crisis and companies scrambled,” said Hans Mikkelsen, a credit strategist at Bank of America....
...is really a vote of no confidence from the bond market in the idea of a V shaped economic recovery....
...They reside on a 2021E price-to-book multiple of c.1.04 times with a dividend yield of c.4% - our dividend forecasts already assume a 2.5 times dividend cover....
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