Hints and tips:
...Clipway has hired executives from Coller Capital and appointed David Enriquez, a managing director at Rothschild’s merchant bank in New York, as a partner....
...As Agrawal notes, they are hardly short of cash: the Mangs collectively generated $276bn of operating profits in 2023 and spent $108bn on capital expenditure....
...The lenders allege it wired the money to Camshaft Capital last year....
...Hoarding dollars — the proverbial hiding cash under the mattress — is a national pastime....
...But Whittington was sharp enough to realise a loan need not be repaid in cash....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...V. About two dozen people attended the final hearing in Ganieva’s civil action against Black, in a harshly lit room inside an Italianate office building in Tribeca. It was May 2023....
...Until recently, cryptocurrency was a major channel for offshoring cash....
...In terms of big structural trends, we’ve seen a shift from cash to cards over [the] last ten years that has been helping us....
...China Merchants Bank, the country’s third-largest lender by market value, announced the sudden removal of its president Tian Huiyu, per Nikkei Asia....
...We started by offering working capital for merchants to grow their businesses and extra credit for customers to increase their consumption....
...The major trend has been a move away from cash, to digital payments....
...Reach out to us at imani.moise@ft.com or sid.v@ft.com....
...Trott’s Chicago-based merchant banking outfit BDT Capital Partners will invest more than £50m through a $9.1bn fund raised from its wealthy clients last year, people involved in the deal said....
...It kept emperors (Charles V, then Philip II) at suspicious arm’s length but wilted when their stewardship stiffened into close-up domination....
...BP was not in serious trouble but its profits and cash flow were heading for a sharp fall and it was clear that remedial action was needed, which required firm board diplomacy....
...“The only thing that’s bad for us is payments in cash,” said Mr Bassi. While some electronic payments generate higher fees than others, he said, “everything where cash isn’t there, is good.”...
...Gojek has had the benefit of having to be more capital-efficient from the beginning.”...
...buffers and crimping their ability to lend at the very moment companies and consumers need cash....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...… and high cash burn and capital commitments mean leverage has taken a permanent step up....
...In a short-term downturn, capital expenditures are only delayed....
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...Atlas Merchant Capital paid €19m for the lender, which had €20m of cash....
...Capital controls, a biased legal system and limited personal freedoms all count against Shenzhen....
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