Hints and tips:
...you can’t miss Lunch with Nelson Peltz, who in keeping with his tribe would rather be rich than right....
...“The CMA is asserting itself as a highly relevant and decisive player on the world stage,” says Nelson Jung, a former director of mergers at the CMA and current partner at Clifford Chance....
...“Rather, an alarming, growing population is becoming indifferent because they don’t see the political system working for them....
...Financial markets may have hit the buffers last year, but this did make one type of investment a lot more popular: buffered exchange traded funds....
...Roula Khalaf, editor of the Financial Times This is an unranked list....
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...Queueing is an exercise in faith — faith that following the rules is sufficient, that the system will deliver. There are alternatives....
...A version of this article was first published by Nikkei Asia on February 14 2023. ©2023 Nikkei Inc. All rights reserved....
...The Tokyo bourse implemented its biggest overhaul in 60 years to more closely align Japan Inc’s financial and corporate governance standards with those of its western counterparts....
...Only 60 per cent of workers in south-east Asia are estimated to have bank accounts, Naik said, but ecommerce in the region is growing quickly as more consumers gain access to the financial system....
...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....
...Uber’s chief financial officer Nelson Chai said coming in below break-even would require a significant downturn in business during the remainder of September....
...Olaf Scholz said the affair had revealed that Germany’s system of financial regulation “needs to be reorganised”. 2....
...The highly-anticipated dual listing was thought to illustrate the dynamism of China’s financial system, no matter the political conflicts unfolding in the region. Its suspension may change all that....
...Russia’s Sputnik V coronavirus vaccine has an efficacy rate of 97.6 per cent, its developers said, based on data from almost 4m people....
...But activists have taken a run at Danone before — Nelson Peltz’s Trian Partners in 2012, and a brief foray by Corvex in 2017....
...Those pressures risk being compounded this quarter should financial markets pull back as the US economy faces more disruption from the pandemic....
...You don’t have to be Thomas Piketty to recognise that inequality poses a significant risk to the global system as it stands....
...Delta stock would need to multiply from $22 now to about $575, according to Financial Times calculations, for taxpayers to make back their outlay....
...Yet non-profits remain sceptical of efforts — notably by Japanese megabanks like Mizuho Financial Group, Sumitomo Mitsui Group and Mitsubishi UFJ Financial Group — and point out loopholes, including the...
...But, in a sustained market rebound, some cyclicals (energy) may prove more cyclical than others (financials)....
...An overly indebted financial system will weigh on long-term growth prospects. It also reinforces the feedback loop between central banks and asset prices....
...Since then, the ERP has fallen almost exactly in line with the drop witnessed in 2009 during the Great Financial Crisis (GFC)....
...The Chinese government has long held a tight grip on the country’s financial system, opening up to trade but closing out competition to its national businesses from foreign institutions....
...“J&J should be trying to take some ownership,” says Mr Nelson....
International Edition