Hints and tips:
...Q1 trading update, Kering Q1 sales, Kimberly-Clark Q1, Lockheed Martin Q1, Mattel Q1, Novartis Q1, Nucor Q1, PepsiCo Q1, Philip Morris International Q1, RWS Holdings HY, Seagate Q3, Shimano Q1, Spotify...
...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....
...One good read The worst-case scenario....
...That might not always be the case when it comes to Elliott Management’s campaigns....
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...Like executives at HSBC, Fraser is drawn to the potential of wealth management....
...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....
...The latest case involves Spanish footballer Andrés Iniesta, who was paid by Binance for a promotional tweet that provoked a backlash from the country’s financial watchdog....
...As always you can reach me at sid.v@ft.com. Thanks for reading....
...A version of this article was first published by Nikkei Asia on July 27. ©2022 Nikkei Inc. All rights reserved....
...After settling the MBIA case, Credit Suisse still faces a handful of other RMBS actions....
...Then it planned one for Vectura, the inhaler business at the centre of a bidding war between private equity group Carlyle and Philip Morris International, the maker of Marlboro cigarettes....
...Morris also has responsibility for government affairs....
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...“Amsterdam stock exchange has developed an expertise in Spacs ahead of all other cities in Europe at this point,” Mustier told the FT’s Stephen Morris....
...Additional reporting by Olaf Storbeck in Frankfurt and Stephen Morris in London...
...Bankers’ early optimism that the pandemic would manifest as a sharp economic shock followed by an equally rapid recovery — the ubiquitous “V-shaped” recession — has given way to pessimism....
...Get the full story from the FT’s Stephen Morris, Arash Massoudi and James Fontanella-Khan. Welcome to the Due Diligence briefing from the Financial Times. Not a subscriber? Sign up here....
...And that is before the recent surge in new Covid-19 cases in a number of countries, which heightens the challenge facing many companies and their bottom lines....
...But despite its fast-tracked vaccination programme, cases of a more infectious new virus variant are surging....
...“This is not going to be a V-shaped recovery from here given the many months [or] years it will take for full repair, but it feels good now.”...
...This has led to arrests and, in one case, asylum in the US....
...In this case, it is active managers, who select securities they believe will outperform....
...Dean Crutchfield, founder of the Crutchfield and Partners brand consultancy, said that despite demands from the likes of Mr Rubio, he would advise the company to stay quiet....
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