Hints and tips:
...Bank of America has come under fire from environmentalists for changing its tune on Arctic drilling and coal power plants....
...Matthew McLennan, co-head of global value at First Eagle Investments, is among those nervous that the bonds shake-out runs deep....
...There are historic precedents for co-operative industry solutions brokered or strongly encouraged by the government....
...In this version of London, Soho House members club has turned Richard Rogers’ former Lloyds Insurance building into a multistorey, 24-hour nightclub....
...Also, the Fire Brigades Union will close its ballot on pay, with the FBU recommending members accept a revised offer rather than walking out....
...You can reach the fintechFT team at Imani.Moise@ft.com or Sid.V@ft.com. Your thoughts and suggested topics for coverage are always welcome. Thanks for reading....
...The co-ownership model means less competition for single family homes....
...(Miles Kruppa) Quick Fire Q&A I spoke with Itamar Lesuisse, co-founder and chief executive of Argent, which provides an Ethereum wallet as a competitor to customers holding their assets on exchanges like...
...In the health insurance sector, Oscar Health, a company co-founded by Joshua Kushner (brother to Donald Trump’s son-in-law Jared Kushner), has lost more than 70 per cent from its market value since investors...
...The three-way wiring between media, crown and public that reshaped the modern monarchy did not, in fact, begin with Elizabeth II, but with her grandfather George V....
...Quick Fire Q&A Stay up to date with up-and-coming disrupters. Each week we ask a fast-growing fintech to introduce themselves and explain what makes them stand out in a crowded industry....
...Federal Reserve chair Jay Powell warned that the pandemic still had the capacity to derail the country’s economic comeback....
...As recently as July, the group’s co-founder began an open-ended “semi-sabbatical” from Apollo’s insurance business — a move he has since said was “a very bad idea” in the middle of a pandemic....
...When your house is on fire, you turn the hoses on and worry about the water damage later. Have Fed chairman Jay Powell’s interventions failed? No....
...The US will take a breather to celebrate Thanksgiving this Thursday, followed by Black Friday, the sales day that fires the starting gun on the festive shopping season....
...Until Thursday, the consensus had been for a 25 basis point rate cut by the Fed, as a limited insurance policy against a weakening global economy and trade tensions....
...Jamie Powell in London 26....
...Did you hear Christian Meissner (LEH’s co-head of investment banking in EMEA) tell you in a London meeting this morning that you were on your own and shouldn’t expect to be paid Because he did, apparently...
...Letter in response to this article: Time to base currencies on a unit of energy / From V J Paine, Derwen, Denbighshire, UK...
...V....
...“The story will cause a total fire-drill now,” said another. “The management of this is just so bad.”...
...Trailing a tail of fire, it was speeding over the Atlantic Ocean towards orbit....
...From 2018, they will also attract employer national insurance....
...Other investment managers currently facing similar lawsuits include JPMorgan, Hartford Financial Investment Services, Axa Equitable Life Insurance, ING Investments, Russell Investments Management, SEI Investments...
...Just 12 months after claiming that the chancellor was “playing with fire” with his deficit reduction programme, the IMF raised its forecast for UK growth to 2.9 per cent this year – the fastest of any country...
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