Hints and tips:
...That’s another argument that banks use to push against Basel III....
...When dusk falls, I head back to the Left Bank. In front of Les Invalides there is a café with a big terrace called Café de l’Esplanade, with the same owners as Hôtel Costes....
...Basel III ❤️ deposits. Bleed to the digital euro would erode banks’ Net Stable Funding Ratios as well as Liquidity Coverage Ratios....
...Perhaps the most evocative fall I can think of is Alice as she falls down the rabbit hole, clutching at roots as she goes down, down, down into Wonderland....
...There are also comic eccentricities: Filippo Tagliolini’s cascading porcelain “The Fall of the Giants”, Andy Warhol’s Day-Glo “Vesuvius”....
...The US beauty and fragrance group hopes shares trading at 29 times forward earnings would edge up to the rating of 35 times enjoyed by L’Oréal....
...Morgan Stanley expects luxury spending to fall by low single digits both there and in Europe during 2023....
...In actual recessionary scenarios where the earnings go down and valuations fall the returns could go severely negative....
...In fiction, authors from Ralph Waldo Emerson to Charles Dickens have mocked and parodied the givers....
...You can’t tell them to buy a bottle for L£500,000 [$23]. It’s impossible,” Nakad told me....
...Even so, of the 14 US presidents since FDR, 11 saw their approval ratings fall over the course of their administrations....
...One upcoming exhibition that promises to be original and inventive is the Musée de l’Orangerie’s Aux sources des Nymphéas: le décor impressionniste opening in March — surely a mouthwatering prospect....
...L&G is well placed to take it as the market leader.”...
...At the same time, the assets that the insurers hold as reserves to pay claims also risk further falls....
...For the September quarter Burberry says to expect retail comp sales to fall by 15 to 20 per cent....
...cascading wig; Jacob Huysmans’ “Coke Children”, a family in fancy costumes and headdresses placed in a tableau around a mad, lactating statue symbolising fertility; an unknown artist’s 1690 cut-out trompe l’...
...And Barclays: Our FY20e EPS forecast falls by 24% to 12p. On revised forecasts, EQN trades on c12x FY21e PE, with a FCF of c7%....
...years resulting in cumulative provisions of 314bps over 2020-22E; and iii.)...
...Tech spend falls. Thereafter, we enter Stage 3, when companies see some semblance of ‘normal’ and they begin cautiously to re-engineer for the next phase of evolution....
...I’m eager to read my friend Steven Levy’s new inside take on the rise and fall of Facebook....
...Shares in Ralph Lauren, Hanesbrands and Tommy Hilfiger owner PVH fell, as the bank noted their exposure to department stores....
...through the P&L....
...Despite revisions collapsing (see exhibit 6) current assumptions appear heroic with sales forecast to drop only -1.7% and eps to fall -12.1% (see page 10)....
...Will Wallis at Numis can give us the detail of the strategy review: We summarise the outcome as a focus on self-help, requiring upfront P&L investment....
...L.P. (“KKR”) and GK Investment Holding Group SA (“GKI”) (each a “Potential Offeror”) regarding possible offers for the Company....
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