Hints and tips:
...Red-state treasurers blacklisted big financial groups including BlackRock, Goldman Sachs, State Street and Wells Fargo....
...Wells Fargo’s bank analyst Mike Mayo has a well-deserved (if not entirely unblemished) reputation for being an unusually acerbic member of the “great quarter guys!” industry....
...However, Weinstein et al say they are excited to a large extent because those aforementioned risks are now materialising. As private credit investors, this is the environment we’ve been waiting for....
...BlackRock, Wells Fargo, Bank of America and State Street were also excluded from doing business with the state, Oklahoma said....
...In the US, at least, mom-and-pop investors and advisers build portfolios with the categories used by Morningstar et al....
...Capital One, Citigroup, Wells Fargo, Synchrony Financial and Santander You’ve built out a system to manage fraud risk, do you want to do credit risk as well?...
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...Many French cinema owners, who are putting pressure on Cannes to resist Netflix et al, see the streamers’ disruptive attitude as an incursion into their territory....
...Zaifman was previously tax director at GE Energy Financial Services. DD has also exclusively learned of several job moves at Deutsche Bank....
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...In letters last week, the state’s Department of Financial Services (DFS) requested information about loans and other financial arrangements between the Kushners and Deutsche Bank, Signature Bank and New...
...The winning run extended to television, where Ewan McGregor won best actor in a mini-series for his work in Fargo, which is produced by Fox’s FX channel....
...Fargo Securities senior analysts....
...Additional reporting by James Fontanella-Khan Letter in response to this article: Uber et al are not entitled to ‘own’ anything / From Stephen Swift, London, UK...
...JPMorgan Chase, the biggest US bank by assets, was up by 1 per cent in after hours trading, Bank of America climbed 1.3 per cent, Citigroup jumped 2.9 per cent and Wells Fargo added 1 per cent....
...Wells Fargo Advisors, which serves regular folks, used to be Wachovia Securities but was re-branded after the smaller bank was acquired during the crisis. Wells Fargo Securities is an investment bank....
...Funds may have sold out of Valeant, Apple et al before the rot set in....
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...(Wall Street Journal) - Goldman et al should be forced to incur losses on mistaken trades, says Myron Scholes. (Financial Times) - Samuel Brittan: Productivity matters, but it’s not everything....
...An old fashioned tussle is good theatre, but Mr Ackman et al are company directors, not actors. Their public spat is doing JC Penney no favours at all. Email the Lex team in confidence at lex@ft.com...
...(Financial Times) US prosecutors are suing Wells Fargo, accusing it of lying about the quality of mortgages it issued with Federal Housing Authority insurance....
...Dodd Frank rule-making to date: April 2012 was a pretty big month in Dodd-Frank Act rulemaking; the SEC and CFTC agreed how to define “swap dealer”, “major swap participant”, et al. under Title VII of the...
...This was expected but it’s still a potentially damaging blow to Bank of America, Wells Fargo, JP Morgan Chase, Citi, and GMAC, and to a housing recovery that is yet to even begin....
...Ratings triggers, forced sales, systemic cliff risk, et al. Still a feature in some eurozone periphery bonds, despite the rally. Portugal for instance....
...The financial system needs more than confidence in the opinion of one very well respected old man....
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