Hints and tips:
...Ergo, R+V, Allianz and Volkswohl-Bund declined to comment. Signa did not respond to a request for comment....
...A portrait of the bewhiskered duke — later George V — stares down at us....
...Take a break from the news V-necks have been verboten for as long as most of us can remember, writes Teo van den Broeke....
...A handy thing about the recurring nature of M&A speculation is that for all the most likely deals, there’s a readymade bank of analysis available for recycling....
...Paul Smith cotton shirt, £250. Gianvito Rossi leather Harris loafers, £514....
...The US government has asked JPMorgan, PNC and several other financial groups, including a handful of non-bank investment firms, to bid for all or part of First Republic, as US regulators try to determine...
...Eleven large banks including JPMorgan and PNC put $30bn in deposits with First Republic last month in a failed attempt to stabilise the bank....
...As regulators consider rolling back those changes following the collapse of Silicon Valley Bank, a Financial Times analysis shows lending at the three banks — PNC, US Bank and Capital One — as well as lenders...
...As one supply-chain finance specialist put it to FTAV: “You’re really putting your supplier in the role of a bank”. And this does not necessarily mean that banks are not involved at all....
...Bank of America, Morgan Stanley, BNY Mellon, Charles Schwab, and PNC Financial Services also release earnings. Lockheed Martin is among the non-financial companies reporting....
...The US markets take a break on Monday for Martin Luther King Day, but then we’re back into the thick of earnings season with the tail-end of the big US bank reports and a clutch of results from non-financial...
...Street bank seeking to navigate a difficult economic environment for lenders....
...JPMorgan said it would repay the $25bn in deposits that 10 other large banks placed with First Republic in a failed effort to stabilise the bank. Its own $5bn contribution will be eliminated....
...June 20 to September 8; further information and tickets here ‘Naomi’, V&A South Kensington An ode to the life and work of supermodel Naomi Campbell....
...Some big lenders, including Bank of America, declined to participate but ultimately four of the 20 largest US banks by assets emerged as leading bidders: PNC, Citizens Bank, Fifth Third and JPMorgan, which...
...Read a transcript of this episode on FT.com...
...Nicholas Malins-Smith Cambridge, UK...
...Citigroup has said it will spin off its Mexican retail bank through an initial public offering, abandoning a plan hatched early last year to sell the unit....
...PNC, a large US bank, and Canada’s RBC were invited to buy SVB but decided against bidding, said people with direct knowledge of the matter....
...“F.E.E.L.I.N.G.C.A.L.L.E.D.L.O.V.E” and “Sorted for E’s & Wizz” were ticked off like rites of passage from someone moving from Sheffield outsider to Britpop in-crowd....
...By midday on Sunday, two banks that were thought to be interested, Bank of America and US Bancorp, dropped out of the bidding process. That left three — JPMorgan, PNC and Citizens — in the running....
...The FDIC invited financial institutions to bid for the failed lender, including PNC Financial Services and Royal Bank of Canada, and extended its initial deadline to allow them to take a closer look at SVB...
...Broker Charles Schwab, infrastructure group Kinder Morgan, logistics company JB Hunt and consumer bank PNC Financial all report earnings today. The World Economic Forum continues....
...Martin Luther King Day Banks, stock markets and Congress will be closed in the US today as the country observes a national holiday to honour civil rights activist Martin Luther King Jr....
...to Bob “Chip” Roberts IV and Bill “Scooter” Williams V....
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