Hints and tips:
...Botha provided initial backing to Miller’s effort to vote Moritz off the Klarna board, before reversing course....
...Kemble is the company set up to raise finance for Thames Water, which needs the cash to service its massive debt load....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...DIANE GLOSSMAN: You had on the one hand Citi that had a huge business around the globe, known to be an innovator in technology and credit card....
...The Money Supermarket The 1998 megamerger between banking giant Citicorp and insurer Travelers Group created the world’s biggest financial services company. The experiment hasn’t gone to plan....
...A reallocation of spending from goods to services has been visible across most income brackets as the US emerged from pandemic restrictions....
...Collectively, all 50 US states allocated just $110.9mn to publicly-funded problem gambling services this year....
...It limits credit risk and is available on the exchange.”...
...Smart reads Panic mode The recent drama at Deutsche Bank shows that credit default swaps are a bad indicator of whether a bank is in trouble, the FT’s Jonathan Guthrie writes....
...Ann Miller General counsel, Nike In addition to leading the legal team at Nike, Ann Miller is responsible for government affairs, social and community impact, and the resiliency team, which addresses business...
...We are a software as a service business. We charge banks a transactional fee. Every loan that we analyse is a transactional charge....
...Fraser will lay out at the company’s March 2 investor day is more modest than the global financial supermarket imagined by Sandy Weill, who merged his Travelers financial conglomerate with John Reed’s Citicorp...
...Latham & Watkins has hired Scott Miller as a private equity and M&A partner in Houston and Susan Yoon Parker as a private equity and banking partner in Boston....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...These included credit card terms and conditions, and the process behind fulfilment of mortgages....
...A version of this article was first published by Nikkei Asia on December 8 2021. ©2021 Nikkei Inc....
...The former is big in the stock market index business, credit ratings and energy analysis....
...Citigroup was formed in 1998 when Sandy Weill merged Travelers, where he was chief executive, with Citicorp....
...One scoop to start: former Credit Suisse chief executive Tidjane Thiam is raising a $250m special purpose acquisition vehicle with the help of JPMorgan Chase to invest in financial services businesses, report...
...Credit and debit card data from Barclaycard and Lloyds Bank show similar patterns....
...Apple, for instance, makes luxury phones and computers but it is pushing into multiple new “services” where it can use its heft to undermine the competition. Its credit card has no fees....
...On the last Sunday of April 2019, a sleek Gulfstream V jet belonging to Occidental Petroleum touched down at Omaha airport....
...Business groups and think-tanks are making a mistake to cast Uber v London as a totemic fight to preserve capitalism....
...USA Inc — in other words offering a dire signal on the outlook”....
...Additional reporting by Arash Massoudi in London and Joe Miller in Frankfurt...
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