Hints and tips:
...Finally, in the FT, I enjoyed two recent Big Reads, one on how (and whether) Miami can avoid a property crash, by one of my favourite feature writers, Joshua Chaffin....
...Earlier this year, the SEC questioned Axos’s decision not to disclose in its annual financial report that it was being sued for $100mn by MUFG Union Bank....
...Credit Suisse has promoted 183 people to managing director....
...“I felt like this little coup was all about the money, so I went and transferred $350,000 from a Chase account to a credit union account where they can’t get their filthy little hands on it,” he said....
...Its $440bn credit arm makes more business loans than some midsize banks, making it not so much an investment outfit as an alternative financial system....
...Joblio’s founder is Jon Purizhansky, a New York businessman and longtime associate of Shvartsman who left the Soviet Union as a teenager to build a life in the west....
...images of the opening credits of HBO’s hit corporate dramedy Succession)....
...For many of her clients, Cohn will therefore go to smaller local banks, those that specialise in savings and loans, or credit unions (not-for-profit organisations owned by those who use their services)....
...Head of risk at Credit Suisse to step down Andreas Gottschling, the head of Credit Suisse’s risk committee, is to step down ahead of a threatened shareholder rebellion at the bank’s annual general meeting...
...Miami’s mayor, Francis Suarez, is making it easy for them with tax credits, low interest rate loans and other economic incentives for business....
...Somewhat uncomfortably, HSBC coughed up €11.1bn when buying into France in 2000, snapping up Crédit Commercial de France at a 3.5 times price-to-book ratio....
...The NewsGuild wants legislators to create tax credits that would incentivise Freeman to sell the papers to “civic-minded investors”....
...He's very tight with the unions. The unions are very big. AFL has a lot of power in this area, actually, the head of the AFL, Richard Trumka, is from Pennsylvania. He was a coal miner....
...“We think the main casualty of the ongoing commotion will be the financing law,” said Alberto Bernal of XP Investments in Miami in a client note....
...Global financial markets soon began to teeter and credit became scarce....
...More than one in 10 people surveyed by the Japanese Trade Union Confederation, or Rengo, said that their employers had a rule on how high the heels should be on women’s shoes....
...The unions and the government want the business to be sold as a going concern rather than broken-up and sold for its parts....
...In turn, he credits the MBA with improving his game, by expanding his mind and helping him to retain more information....
...• Christoph Schumacher will join Credit Suisse Asset Management as head of global property in June. Mr Schumacher previously worked for Union Investment, the German asset manager....
...Soft credits and high support prices for sugar allowed the country to make spectacular progress in health, housing and literacy, Castro’s proudest achievement....
...China, which has loaned Caracas $65bn against future oil deliveries, is unlikely to extend fresh credit....
...Donald Trump sustained a painful defeat on Wednesday when the World Golf Championships event held at a course he owns outside Miami was moved to Mexico City....
...“We were quite privileged,” says Volkova, 32, “because we were always connected to the outside and to the western world — even during the final days of the Soviet Union....
...Many credit him with putting Caribbean football on the map in a region previously better known for cricket. Others believe Trinidad is being dragged through the mud because of him....
...He said ICE’s clearing operations had netted down around $50tn worth of credit default swaps to around $2tn....
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