Hints and tips:
...Separately, advisers to SVB’s parent company, SVB Financial, which filed for bankruptcy protection last week, are seeking bidders for its investment bank and venture capital investing arm....
...Unlike traditional venture capitalists, the investment arm is internally funded, meaning it invests only partners’ money, rather than raising capital from external sources such as pension and endowment funds...
...Pension boost He has nevertheless started to think about how his windfall might boost his pensions — currently a mix of the state pension, a defined benefit fund from a past employer and a defined contribution...
...Some who witnessed their parents ageing recognise a benefit in having simple pension arrangements that someone else (perhaps with a power of attorney) can assist you with later in life....
...As the parent of a teenager, any harm to TikTok is a cause for celebration. In the memorable phrase of the former vice-president, Mike Pence, TikTok is “digital fentanyl”....
...That left institutional investors in Silver Lake’s funds, such as large pension funds in California, Washington state and New York, sitting on an investment that had grown by billions in value over the past...
...If the SEC cannot inspect Lotus’ Chinese auditor — KPMG Huazhen — for two years running, then Lotus’ “securities would be prohibited from being traded on a national securities exchange”....
...Pension hedging activity. We’ve learnt to our cost how important UK pensions are to the gilt market....
...I’m still at home (sic) my parents. And right now, I actually earn more than my parents. Claer BarrettWow. Laureen So that’s incredible (chuckles)....
...The firm is also talking to banks about asset-backed securities based on car loans dedicated to electric vehicles. There are weaknesses for sustainable investors in asset classes beyond stocks....
...A version of this article was first published by Nikkei Asia on July 4. ©2023 Nikkei Inc. All rights reserved....
...Tiger wiped a third, or $23bn, off the value of its start-up holdings including Stripe and TikTok parent ByteDance earlier this year....
...And often, because the equity is raised in a special purpose vehicle, such as in the case of the Apollo/AT&T deal, the parent company doesn’t have to report it on its balance sheet....
...Here’s our best attempt at taking a photo of the phone: OK, the Waystar Corp. of S1E3 now seems to be Waystar Royco Inc/WAY:NYSE, which plausibly could be a security representing a different class of shares...
...So Leo, do you think Japan Inc, despite all this demographic stuff, has reason to be cautiously optimistic?...
...Cost-cutting at Google is likely to lag its revenue slowdown, pushing the operating profit margin reported by parent Alphabet down by more than 4 per cent in the latest quarter, analysts at BofA Securities...
...“We have a new bunch of emperors, and they’re the people who vote the shares in the index funds,” Munger said at the annual meeting of Daily Journal Corp in February....
...The intensifying competition comes as the powerful Cyber Administration of China, along with a suite of security-focused agencies, are rolling out expansive new data security laws, tightening control over...
...Marine and energy asset owner Atlas Corp has accepted an $11bn take-private offer from Poseidon Acquisition Corp, the investment vehicle backed by Atlas’s chair David Sokol....
.... ©2022 Nikkei Inc....
...The relationships between the SMBC banking parent and hundreds of Japanese companies ensured it had a larger supply of sellers than its bigger rivals Nomura and Daiwa....
...their parents took....
...The firm’s parent company, called Benchmark Investments, hasn’t yet responded to a request for comment either....
...Activist Elliott says LME violated its ‘human rights’ Things go from bad to worse at the London Metal Exchange and its parent company Hong Kong Exchange and Clearing....
...Arms aid for Ukraine The US is expected to announce a further $1bn security assistance package for Ukraine as early as today, Reuters has reported....
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