Hints and tips:
...The Lex team is interested in hearing more from readers. Please tell us what you think of Credit Suisse in the comments section below...
...For financial institutions, meanwhile, credit risks loom large....
...Among the largest investors is LG Energy Solution....
...Bondholders taking the hit before equity is zeroed is an echo of the Credit Suisse AT1 write-off, as it raises similar questions about seniority....
...Karin’s decisive actions in dealing with the Credit Suisse banking crisis earlier this year rescued the Swiss economy. We all owe her a debt of gratitude....
...Hello readers, and welcome back to The Future of Money. Here in the UK we’ve got our third prime minister this year, Rishi Sunak....
...Hello readers, on a very hot day around the world. Also feeling the heat are traditional financial firms, with US banks already posting results and UK firms due to hit in the next week or so....
...A similar debate is growing around the buy now, pay later sector — which offers interest-free, short-term credit....
...The Bank for International Settlements, the central bank for central banks, thinks it has a solution....
...Hello dear readers, I hope you all had a good Easter break. Last week’s State of Fintech report from CB Insights had some striking stats....
...But solutions to the biggest risks facing the Asia-focused lender are not in his hands. Quinn’s Asia strategy is working....
...“For the first time in history, we believe a data-based solution is possible,” he said....
...One FT Money reader agreed to do so for a family member who is a single parent. He passed a credit check, showing he owned his own property....
...Reach out to us at imani.moise@ft.com or sid.v@ft.com....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...It was a proud day, said chief executive Marc Benioff, “but we cannot stop until we embrace every solution and get every business on board”....
...Other banks are giving junior staff perks and pay bumps: Jefferies offered Peloton exercise bikes; Credit Suisse is paying junior bankers $20,000 bonuses....
...The solution is to enable African governments to borrow much more cheaply on capital markets, he writes....
...Readers also suggested some potential solutions they thought the chancellor and his team should consider....
...We see excitement about Next’s online business as misplaced… On our new analysis 64% of Next’s UK online sales last year were made on its in-house credit, leaving it vulnerable as the credit cycle weakens...
...To Freshfields’ credit, cities have long been regarded as innovation hubs....
...Bankruptcy remains on your credit file for at least six years, making it difficult to get any credit or a mortgage....
...What are we missing, reader? The comment box is your domain....
...Reader, please tell us below....
...My recent Big Read on the challenges for higher education sparked a lively conversation with hundreds of readers about potential solutions to spiralling costs, unmanageable debt and questions over quality...
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