Hints and tips:
...Last year, it closed its flagship Asia V buyout fund after raising $7.1bn, eclipsing its targets....
...“I had to lie down in the road and say: ‘We’re not signing until we get that cash’,” he said, while stressing that central government deserved credit for agreeing to it....
...The Federal Reserve, the European Central Bank and the Bank of England all held interest rates steady at their meetings this week....
...Central to the stock story has been earnings growth from Saperstein’s division....
...“It’s a central strategic risk management issue because the future cash flows of business are dependent on the flow of nature’s services.”...
...Smart reads The world according to Credit Suisse Notes from the Swiss bank throughout the recent financial turmoil are missing one central player, Alphaville writes: itself....
...Expect protests, not just among Credit Suisse shareholders but also Swiss nationals....
...Thank you all for your emails and thoughts, and as ever, you can reach out to me at sid.v@ft.com. Happy reading, a merry Christmas and a happy new year!...
...Pseudoname The guy is an operative of US intelligence services. The exchange is an asset of US intelligence services. With the NYT conference speaking confirmed it is abundantly clear....
...She started every game, scored three goals over the tournament and was central to Spain’s success as they won the Cup for the first time....
...Rising interest rates are likely to boost the bottom line of high street lenders, with credit quality yet to deteriorate....
...And which isn’t to say that Credit Suisse doesn’t have problems, but Credit Suisse did not have the same problem that SVB did. Right?...
...A wrought-iron door guards the address near Central Park where Guzel Ganieva lives on the upper floors of a townhouse dating from the Gilded Age....
...The company is not currently selling any gold to Russia’s central bank....
...Since then, Beijing has forced the company to break up its business by selling stakes in units once thought central to its future — such as lending and credit scoring — to other groups, including state-owned...
...As ever, reach out to us with your thoughts (imani.moise@ft.com and sid.v@ft.com). Thanks, and happy reading....
...As ever, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with your thoughts....
...One grandfather had been governor of the central bank, his signature appearing on Iraq’s banknotes. Aged nine, he watched his father Hareth flee Baghdad....
...Head in the clouds The Bank of International Settlements — the central banker’s central bank — published a report last week highlighting the risks of the world’s largest financial institutions increasing...
...Fintech fascination Apple wades deeper into financial services Silicon Valley giant Apple last week acquired UK-based alternative credit scoring start-up Credit Kudos in its latest push into consumer finance...
...At the end of June, Lilium had about €230mn in cash, with another €75mn in credit, and was burning cash at €60mn per quarter....
...We are a software as a service business. We charge banks a transactional fee. Every loan that we analyse is a transactional charge....
...In March 2021, Ukraine’s central bank reported that there were 73 banks and 2,009 non-banking financial services companies in the country....
...Typically our services have been catered to large, super-regional banks. But the market is changing and a lot of the smaller ones like the credit unions are going digital....
...Industry remained stagnant, while services grew 1.1 per cent. “The economy has basically stagnated....
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