Hints and tips:
...In securities filings this week, US oil company Chevron disclosed a potential hang-up for its pending $53bn all-stock acquisition of smaller rival, Hess Corporation....
...Peak performance in 2023 was logged in July-September when NIM was booked at 2.19 per cent....
...Legal risk looks zero sum, at least at the corporation level, since the deal’s reverse termination clause capped Musk’s potential damages at $1bn....
...The most recent arts behemoth sees a corporation turning to music rather than art....
...They did well as long as the bank stayed healthy, even if financial performance was only “above average”....
...“We had just launched a new China-focused product, ‘Risk Compass’, in May, and our revenues and performance were still gaining momentum.”...
...In addition to his $3mn annual base salary, he’s also eligible to receive a performance-based annual bonus with a target of $5mn and $7mn in equity awards, according to a filing published earlier this month...
...Your key role will be to revitalise the group’s ailing performance, focusing mostly on Germany, Italy, Spain and the UK....
...In recent years, fourth-generation family members and top executives have offered occasional insights into its performance, strategy and culture....
...In a report released on Monday, the Federal Reserve Board, Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency flagged mounting vulnerabilities across a number of sectors...
...This was due in part to the weak performance of Korea’s public markets, weighed down by longstanding investor concerns over poor corporate governance....
...This can be done by cutting corporation tax and increasing the credit for tangible investment, provided that the credit does not take the form of accelerated depreciation....
...These included credit card terms and conditions, and the process behind fulfilment of mortgages....
...On the same day Moody’s slashed Carnival Corporation’s credit rating and the World Health Organization declared Covid-19 a global pandemic, David Bernstein, the cruise company’s finance chief, was in the...
...Credit Suisse’s decision came after credit insurance expired, according to people familiar with the matter....
...China International Capital Corp joins Citigroup, JPMorgan Chase, and Morgan Stanley on the Hong Kong share offer, with Credit Suisse acting as joint global co-ordinator....
...The International Finance Corporation, the private sector arm of the World Bank, has appointed Makhtar Diop, a Senegalese former finance minister, as its managing director. More here....
...Canadian aircraft maker Bombardier this summer raised $1bn from a group of lenders led by HPS Investment Partners, the $60bn credit specialist that was formerly part of JPMorgan’s hedge fund unit Highbridge...
...The question now for Flutter is how the market will value FanDuel and its performance relative to DraftKings....
...Owl Rock Capital Corp, led by former GSO founder Doug Ostrover, has slid more than 45 per cent, while BlackRock’s BlackRock Capital Investment Corp has collapsed more than 60 per cent....
...Aaron Deer, analyst at Piper Sandler, said that banks are controlling costs and credit quality....
...They also enjoyed lower credit risk and, crucially for growing ranks of investors, scored higher on ESG impact measures....
...Cocci, formerly at Dentons, has joined the firm’s New York office with plans to expand her practice into California....
...Since the letter was issued, UK pension fund Railpen and the British Columbia Investment Management Corp have already jumped on board....
...Meanwhile GLG’s value has been written down by more than $1bn, confirming the fears of some investors who always warned the price was too high, and performance has at times flagged....
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