Hints and tips:
Related Special Reports
...Stripe’s situation is typical of prominent late-stage private tech groups that benefited from a decade-long bull run to attract staff and investment but now instead face a funding crunch....
...This capital markets primacy, he argues, would create the best opportunity for two ambitious projects, retirement funding and decarbonisation, to be successfully fulfilled....
...Most VCs continue to charge LPs a management fee regardless of whether they had made investments, but Sequoia Capital, one the premier tech VC groups, started waiving fees on capital it had not yet committed...
...If customers aren’t gorging on subscription lines, margin loans, interest-only mortgages and other tailored debts, it diminishes the selling points of a bank....
...The biggest builders have also benefited from tightening credit conditions because their size and access to funding have helped them offer incentives that smaller rivals cannot match....
...Joe Biden has blamed Russia’s first major battlefield victory in Ukraine in nearly a year on the US Congress for failing to pass a bill funding Kyiv’s army....
...Private equity firm Clearlake Capital and financier Todd Boehly led the £2.5bn acquisition of the Premier League club last year....
...New York-listed Blackstone Mortgage Trust provides loans to commercial real estate groups in North America, Europe and Australia and manages $22bn in assets....
...Venture capital-backed funding for so-called proptech dropped more than a third year over year in 2022, according to the Center for Real Estate Technology & Innovation....
...“They had to drive an hour or more into a big city just . . . to try to get a mortgage or car loan,” he said....
...The usual urge banks feel to keep deposit rates competitive is damped by the simple fact that funding is everywhere....
...We don't know how much money Manchester United received in sponsorship funding from Tianyu, and some estimates have put it around about the £3mn mark....
...Citi says it serves 700 law firms and 50,000 lawyers in the US and Britain, providing services that include favourable mortgage rates....
...This is in effect a self-regulating break to QT whereby if funding pressure becomes too acute as bond prices sell-off, liquidity gets reinjected into the system offsetting the reserve drain from QT....
...Mortgage borrowing costs have hit a two-month high of 6.57 per cent, according to a Thursday survey from mortgage finance giant Freddie Mac....
...Providing a below-market mortgage has an economic cost, but it has two advantages over cutting the price of the house: more buyers can qualify for a cheaper mortgage, and by avoiding a cut to the headline...
...Fears that the banking crisis could tip the US and other economies into recession has already caused swap rates to dip (the market indicator of the long-term cost of funding)....
...European football authorities have chosen Citigroup to spearhead a pandemic funding package worth up to €7bn for the region’s clubs, according to people with knowledge of the matter, as fears mount over...
...Lots of readers are giving a lump sum to adult children or grandchildren — perhaps to help with a house purchase or pay down a slice of their mortgage....
...Those in upper left quadrant (with a lower than average proportion of HQLA/deposits but higher levels of household deposits) tend to be slightly more mortgage-heavy but retail deposit-rich banks like Lloyds...
...UK housebuilding activity fell sharply in July, the eighth consecutive month of contraction, as higher mortgage rates hit demand, according to new survey data....
...In December, Sarver agreed to sell the Suns — and WNBA sister franchise the Mercury — to mortgage lending billionaire Mat Ishbia for an NBA record $4bn....
...Swiggy and fantasy sports platform Dream 11 were among the sponsors of Indian Premier League cricket....
...Deposits are typically banks’ cheapest source of funding and a reduction could constrain lending....
...Share price underperformance reflects concerns about higher funding costs on margins and cash tied up in unsold dwellings if demand for new homes slow....
International Edition