Hints and tips:
...Last year, Wells Fargo signed a deal to lend billions to a new credit fund run by Centerbridge, a $40bn private equity firm that led the buyouts of restaurant chain P.F....
...“F.E.E.L.I.N.G.C.A.L.L.E.D.L.O.V.E” and “Sorted for E’s & Wizz” were ticked off like rites of passage from someone moving from Sheffield outsider to Britpop in-crowd....
...Fargo Q3 World events Finally, here is a rundown of other events and milestones this week....
...Royal v Koepke: 1 Qxh7+! Kxh7 2 Rh4+ Kg8 3 Rh8 mate. Chess 24941...Rg4+! 2 Kxg4 Qg2+ 3 Kh5 Qf3 mate. Chess 24931 Re8+! Rxe8 2 Qxg7+!...
...It is a weekend well-worth the 2h drive from town — if you’re lucky enough to score tickets....
...Magugu’s designs include a print symbolic of sisterhood that appears on a T-shirt, the Diorcamp bag and a silk scarf. charlizeafricaoutreach.org; dior.com N is for Ninety PercentThe Camden-based fashion...
...“Banks at Glasgow saw the alliance as a kind of ethereal thing on climate change without ever mentioning the F-word: fossil fuels,” said Beau O’Sullivan, from the Sunrise Project, a network of NGOs....
...Wells Fargo is also exploring a sale of its $578bn asset management business in a push by chief executive Charles Scharf to restore the troubled San Francisco-based bank to health....
...But a lengthy cycle of loan losses and business failures remains a legitimate risk scenario (just look at the initial reaction to the results from Wells Fargo)....
...Or look at the action of banks. This week JPMorgan Chase, Wells Fargo and Citi set aside a record $28bn for bad loans, more than expected....
...“I would say that, as a team, we've pretty well discounted a uniform V-shaped recovery. The question is, is it U-shaped, is it W-shaped or parts of it L-shaped?”...
...“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....
...It’s a perfect storm. What we’re seeing now is akin to the explosion of rock’n’roll in the 1950s: it’s a complete flipping of what youth culture is about, and it’s a class-based movement....
...For S&N it all boils down to 2020 adjusted trading profit of $1,218bn to US$1.241bn versus a consensus of $1.243bn, so hardly a warning at all....
...(BBG) News round-up Wells Fargo/Eastdil: private property (FT) Renault investors rush to sign up for carmaker’s annual showdown (FT) Wells Fargo CEO search drags on as two top candidates take a pass...
...China is slowing and it goes well beyond a trade spat with the US....
...Banks get the ball rolling with JPMorgan, Wells Fargo and Citigroup reporting on Friday. Walgreens and Delta are also slated to report results next week....
...Sign up to receive a daily digest of the big issues straight to your inbox. Once again, Wells Fargo is in trouble....
...One of the attendees was Ransom Cook, the chairman of Wells Fargo, at the time a venerable but sleepy regional bank of little consequence....
...EU v Poland latest Brussels has opened a new front in its battle with Warsaw, launching infringement proceedings related to the country's contested supreme court overhaul (FT)....
...(FT) Bank exec dies after mid-air explosion Jennifer Riordan, a 43-year-old Wells Fargo vice-president, was partially sucked out of a Southwest Airlines jet at 32,000ft after an engine exploded, shattering...
...Liikanen remains a probable alternative and would also be a good leader for the ECB for many of the same reasons as V. de Galhau....
...Lynch, Morgan Stanley and Wells Fargo Securities on financials; Wachtell, Lipton, Rosen & Katz and Latham & Watkins on the legal; Joele Frank on PR)....
...Last year the bank’s return on tangible common equity was best among the big US banks at 12 per cent, edging ahead of scandal-stricken Wells Fargo....
...A headlamp-shaped City Hall rose from the South Bank opposite the Tower of London as the symbol of the new office....
International Edition