Hints and tips:
...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....
...Leave your credit card in your wallet, don’t go near an ATM, and come armed with US dollars in cash that you can change into pesos on the ground. Not just any dollars, crisp $100 dollar bills....
...Its $440bn credit arm makes more business loans than some midsize banks, making it not so much an investment outfit as an alternative financial system....
...Ana Botín, executive chairman of Santander, the eurozone’s largest lender, told a financial services conference in March that there was a possibility the bank would see only a 5 per cent drop in earnings...
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...To Mr Cohen’s credit, YouTube has successfully brokered fresh licensing agreements with two of the big three record labels since he took over....
...Spotify, the music streaming service, plans to list existing private shares directly on NYSE as soon as the fourth quarter rather than doing a formal IPO....
US stock volatility indices closed at their highest level of the year, US capital markets correspondent Eric Platt reports.
...Tracking stocks owe their origins to General Motors’ acquisition of the EDS IT services business from Ross Perot in 1984....
...Freemium v paid: Streaming competition swells YouTube is one of several Spotify competitors bringing streaming services to the market this year....
...View from the Markets, FT video: Neal Soss, Credit Suisse Soss, chief economist at Credit Suisse, discusses his bullish view of the US economy, despite headwinds including an increased savings rate, people...
...So who are EWT LLC?...
...“Proponents of a V-shaped [economic] recovery are underestimating how much rising unemployment and an unstable structure of indebtedness can lengthen and deepen this recession,” says Sandy Chen, banks analyst...
...They will begin trading under the ticker “V” on the New York Stock Exchange on Wednesday....
...In October, Merrill Lynch took a minority stake in DiMaio Ahmad Capital, the US credit fund manager....
...Paul Atkins, an SEC commissioner, urged the court to take the case Billing v Credit Suisse First Boston, saying that such lawsuits “could devastate America’s process of capital formation, wreak unprecedented...
...He has been outspoken in his criticism of the role the financial services industry may have played in the large numbers of foreclosures in his state....
...The ring-fencing of the cash flow gave the issue an investment grade credit rating of Baa3 by Moody’s Investors Service....
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