Hints and tips:
...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....
...The developer has told homebuyers and government officials in Wuhan and Nanning, two provincial capitals where it has stalled projects, that it was in talks with state governments for credit, according to...
...News round-up Odey Asset Management in talks with SW Mitchell over Oliver Kelton’s funds (FT) Sam Bankman-Fried fails to dismiss criminal charges related to FTX (FT) US electric vehicle start-up Lordstown...
...It limits credit risk and is available on the exchange.”...
...So we wrote the news after seeing a letter from Odey Asset Management, noting that four funds are potentially being transferred to another company called SW Mitchell....
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...Credit markets also tallied losses, with a closely followed fund that buys junk bonds, known by its ticker HYG, declining 0.7 per cent....
...On the last Sunday of April 2019, a sleek Gulfstream V jet belonging to Occidental Petroleum touched down at Omaha airport....
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...The mitigating options include holding back capex ($160-170M slated for $2020), theatre staff reductions, working capital management, etc....
...From a credit perspective, we prefer the Greene King and Spirit structures (given parent-level support and recent redemptions), express a preference for Mitchells and Butlers over Marston’s, and acknowledge...
...WPP will also reduce is planned capex from £400m to v£300m....
...The four new hires were announced by Nat Zilkha, the KKR head of alternative credit who will serve as Gibson’s chairman....
...MITCHELL BAKER Chairwoman, Mozilla Mitchell Baker co-founded the Mozilla Project to support an open, innovative web and ensure it continues offering opportunities for everyone....
...Credit Suisse was the sole underwriter of the Social Capital flotation. Shares were allocated to a concentrated group of investors, including mutual funds, hedge funds and sovereign wealth funds....
.... ————————– Japan 1980s v China now1....
...Uber has between $6.5bn and $7bn of unrestricted cash in the bank, with a further $2.3bn untapped line of credit....
...Even so, Emma has had to take a third job working nights in a factory to pay off the children’s trampoline she bought using her credit card....
...The active management of legacy fleet costs is a really big thing....
...“Does the company remain committed to debt reduction or move back to a more growth-focused approach,” said Liam Fitzpatrick, analyst at Credit Suisse....
...John Rogers, credit analyst at Moody’s, called the results “not great” and said prospects for another year of large crops meant continued pressure....
...“Don’t it always seem to go, that you don’t know what you’ve got till it’s gone,” sang Joni Mitchell in Big Yellow Taxi, and New York’s cab drivers must look back wistfully to the pre-Uber era....
...Three smaller deals which priced in 2016 — Paragon Commercial, Midland State and Argentina’s Grupo Supervielle — are all up....
...Mitchell Zuklie Global chairman and CEOOrrick, Herrington & Sutcliffe Mitchell Zuklie took the helm of the firm nearly four years ago....
...Moody’s last month announced that it was reviewing IOI’s credit rating for a possible downgrade after RSPO’s suspension and the subsequent customers’ reaction....
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