Hints and tips:
...In a research note on Monday, Bank of America analysts said they had “several conversations” with the NYCB management team over the past 48 hours....
...FX strategy at Bank of America....
...The fund has amassed less than $2mn and is likely to be wound down as soon as the end of March without further investment, said Ethan Powell, founder of Dallas-based Impact Shares, the fund manager....
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...Among the early adopters are IBM, Danone USA and Pirelli Tire North America....
...Jamie Powell has now formally left FTAV (sob) but Robin is back in Oslo from a badly-timed but worthwhile trip to the US, while Bryce has been reinforced with the addition of George Steer to the team in...
...The market is expecting Jay Powell to utter some vague fragment of sentence suggesting that the next step, in December, will be 50 basis points, and that a pause in increases is visible on the horizon....
...Nick Powell’s spare, evocative piano score, played by Yshani Perinpanayagam, is a constant companion....
...Speaking of which, $32bn Tyson Foods — America’s largest producer of chicken, pork and beef — announced its first-quarter results before the bell Monday morning. And they were blow out....
...Bank of America, Credit Suisse and Goldman Sachs declined to comment....
...Which fintech tie-ups do you see happening by the end of the year? Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...When the Iran-Contra story finally broke late in 1986, Powell had been in Germany for less than six months, now with three stars and in command of the 75,000 strong V corps, having skipped the normal intermediary...
...Thanks for reading FirstFT Americas. Here’s the rest of today’s news — Gordon Five more stories in the news 1....
...The Federal Reserve this week signalled it would begin to raise rates in March, and Jay Powell, chair, left open the prospect of an aggressive sequence of rate rises during the year....
...Federal Reserve chair Jay Powell, World Trade Organization head Ngozi Okonjo-Iweala and Bank of England governor Andrew Bailey are among the top drawer list of speakers....
...No, the big ideas, they come out of inspiration and perspiration....
...In a way, it was an expression of a wider economic trend: in a lockdown world of scarce-to-no growth, only a few businesses could keep up any top line momentum....
...“I believe in America,” states Buckley. “Which America?” Vidal shoots back....
...Thanks for reading FirstFT Americas....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Who knows, if a higher minimum wage does come into force, America’s low wage workers might even order the queso blanco alongside extra guacamole next time they visit a Chipotle ....
...Netflix said it also expected the second quarter to be slower, projecting only 1m subscriber additions and a “roughly flat” customer base in North America, its largest market....
...Well Bank of America published an excellent report last week (which can be found on David Gerard’s blog), on the dominant digital coin. And, in particular, its carbon impact....
...Thanks for reading FirstFT Americas. Here is the rest of the day’s news — Gordon Five more stories in the news 1....
...It’s a chart of his US Panic/Euphoria index, which incorporates multiple indicators to give a reading of current market sentiment in the US....
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