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...Future of Asset Management North America Hosted by the Financial Times, in collaboration with Ignites and FundFire, Future of Asset Management North America is taking place on September 27-28 at etc.venues...
...America’s most famous investor, Warren Buffett, was circumspect of the US Spac boom, rightly suggesting back in 2021 that the incentive structure encouraged bad bets....
...Analysis Powell will face a grilling from Elizabeth Warren, a member of Senate banking committee, over Clarida’s departure....
...Investors in the company, which offers a range of services including savings accounts and business loans, include Warren Buffett, Tencent and SoftBank....
...I mean, even in London where I am, you know, quite a few of the buses are BYD buses. And they’re all over Europe, they’re in South America, they’re in the US....
...UK considers creating central bank digital currency The UK Treasury and Bank of England announced on Monday a joint task force to evaluate the creation of a central bank digital currency to future-proof...
...Mr Biden also hails from Delaware, which has become the credit-card capital of America because of its lender-friendly laws....
...The EU financial services commissioner is due to meet Bank of England governor Andrew Bailey on Monday....
...Is America heading for a V-shaped economic trajectory after the Covid-19 shock? Or does a U, W — or dreaded L — shape loom instead?...
...Separately, Warren Buffett’s Berkshire Hathaway spent $800m this week increasing its stake in Bank of America....
...in Latin America....
...is really a vote of no confidence from the bond market in the idea of a V shaped economic recovery....
...Alvaro Estevez will also join JPM from Bank of America Merrill Lynch as head of the Emea multinational corporations team....
...Ashtead, a £6bn company, is down by a fifth with no news on the tape other than Bank of America repeating “buy” advice....
...NYSE v Nasdaq: may the best board win Next to the Red Sox and the Yankees, Nasdaq and NYSE have one of the most longstanding bitter rivalries in America....
...What’s more, several large shareholders in Barclays are unhappy that Bramson has funded the majority of his stake with a $1.4bn loan from rival Bank of America....
...We think the revenue growth outlook for Europe is as bad as the GFC, N. America could fare slightly better. Preference for FCF, superior ROIC in challenging macro. CRH joins LHN and KSP at Overweight....
...(FT) Warren v Wall Street? Elizabeth Warren is one of the country’s most prominent critics of Wall Street firms and big banks....
...Randy Quarles, the top bank supervisor at the US Federal Reserve, for example, was grilled a few months ago by Elizabeth Warren, the Democratic Senator from Massachusetts, who asked about a surge in lending...
...Lucidity voted for Alice Schroeder’s The Snowball: Warren Buffett and the Business of Life, a “warts and all account of a great investor, business value and human nature. Timeless in my opinion....
...(FT) Europe v US One of the most brutal trading quarters in memory has sparked another round of soul-searching at Europe’s few remaining investment banks. Is it time to wield the axe again?...
...Copycat deals are not unfathomable in the Trump era, but we’re unlikely to see the likes of JPMorgan Chase or Bank of America consolidate....
...(FT) Banking beats the blues Strong consumer banking revenue at Bank of America soothed fears of an imminent recession after the US bank reported its quarterly earnings....
...Bank of America Merrill Lynch estimates that of $1.2tn parked overseas, perhaps half of the post-tax total, or about $450bn, could be devoted to share buybacks....
...EU v Poland latest Brussels has opened a new front in its battle with Warsaw, launching infringement proceedings related to the country's contested supreme court overhaul (FT)....
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