Hints and tips:
...The top US consumer finance watchdog has raised doubts about megamergers in the credit card industry, just as Capital One attempts to close its $35.3bn takeover of card issuer Discover Financial Services...
...JPMorgan Chase spent about a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company, as the largest US bank pursued ways to get control...
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...US lender Capital One has agreed to buy rival Discover Financial for $35.3bn, in an all-stock tie-up that is set to unite two of America’s largest credit card companies....
...On Monday, the Virginia-based bank said it had agreed to acquire Discover Financial Services for $35bn, to be paid all in stock....
...An OCC spokesperson said the agency had “not received a filing from Capital One regarding Discover Financial Services”....
...“Chicago has a tight business community, so it’s certainly disappointing that they all left,” Roger Hochschild, chief executive of suburban Chicago-based Discover Financial Services, told the Financial Times...
...Job moves EY has appointed Janet Truncale, the head of its financial services business in the Americas, to be its next global chief executive, putting a woman in charge of a Big Four accounting firm for...
...Activist investor Nelson Peltz has recently upped his stake in the entertainment giant and is looking to push for board seats, the Financial Times has reported....
...Brian Nelson, under-secretary of the Treasury for terrorism and financial intelligence, said the US was “committed to exposing Russia’s extensive campaigns of government-directed deception, which are intended...
...A dozen big US financial companies including BlackRock, Blackstone, KKR and T Rowe Price have warned that a backlash against sustainable investing is now a material risk, in filings that show how acrimony...
...All eight authors, seven of whom spoke to the Financial Times, have now left the company....
...The extensive range of magazines include Dry and Self Service....
...Seth Klarman has told investors in his hedge fund Baupost Group that the Federal Reserve’s response to the 2008 financial crisis and the ensuing decade-plus of low interest rates had helped “erect a financial...
...Roula Khalaf, editor of the Financial Times This is an unranked list....
...Peltz gets off the Disney ride Nelson Peltz has hung up his mouse ears, for now....
...Goldman extracted such a high price that Nelson Peltz, the activist investor, last week attacked Disney for leaving itself with a “balance sheet from hell”....
...Authority and its predecessor, the Financial Services Authority....
...So, clearly, that paradigm is totally out of whack with services that are offered for free using an ad-supportive model, based on siphoning off your data....
...Between Wednesday and Saturday, ambulance services provided medical attention to 1,078 queuers, 136 of whom were taken to hospital....
...It’s a strange Britain that discovers the one person to whom the nation looks in time of crisis is no longer here to reassure us things will be OK....
...Or Wigdor may have convinced her she could win a public victory as well as a financial one....
...So far, the mainstream financial services industry has been spared any knock-on effects of the carnage in crypto markets....
...At around midday on Monday, Leon Black, co-founder of Apollo Global, was eating a sandwich at a table with Nelson Peltz, the billionaire activist investor, and his lieutenant and son-in-law Ed Garden....
...I personally believe China wants to be a member of the world financial community. And I think that desire will inform its actions.”...
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