Hints and tips:
...The JPMorgan banker-turned-exchange boss turning noodles into securities In modern capitalism, you can securitise all sorts of things — mortgages, the loans backing private equity buyouts, car loans, even...
...The investment has not fallen evenly across red and blue states....
...“A lot of this stuff that’s happening right now around the metaverse — that is very much just branding and making a splash,” said Mikkel Krenchel, partner at consultancy Red Associates....
...loans....
...Keeping up with interest rate rises, paying mortgages and paying off loans are all concerns facing the population....
...The furlough scheme is keeping surplus workers attached to businesses, while the latter are surviving thanks to government-backed loans. John Van Reenen: Rise in unemployment to about 6 per cent....
...East Money Information SECTOR: FINANCIAL SERVICES / HQ: SHANGHAI, CHINA A surge in online trading following China’s post-pandemic market boom has given a lift to the nation’s leading digital investment...
...As we have stressed before, C&I loan conditions are crucial for investment in human, physical and working capital....
...Another is that commercial real estate is widely used as collateral for loans to non financial businesses....
...Control Risks, a London-based consultancy, who prepared a due diligence report and Norton Rose Fulbright, the law firm that provided legal advice on the deal, did not raise any red flags....
...WPP will also reduce is planned capex from £400m to v£300m....
...The 2008 precedent, where banks could avoid recognising some mark-to-market losses on their trading portfolios by reclassifying exposures from their trading books to AFS or Held to Maturity, isn’t easy to...
...While credit quality remains solid across the sector, a few banks have thrown red meat to small-bank bears....
...It instead prefers that shareholders vote on the deal and for any damages to be assessed post-closing. But the fun is just beginning....
...Mr Dimon does not think his noisy lobbying has influenced post-crisis regulation....
...Investors looked past the accounting red ink, as shares in Bank of America ticked up 0.4 per cent in pre-market trading....
...Smart reads David v Goliath Large consumer goods companies are starting to feel the impact of their smaller, more innovative rivals....
...V....
...So, if as an economy we start producing more per hour, per job or per worker, and everything else stays the same, we push deeper into the environmental red....
...“The banks are looking at their future loan book and, post Brexit, they can see a decline in new mortgage lending . . . so they don’t need as many deposits, said Warren Mead, a partner at KPMG....
...” ● Related Lombard column: Sports Direct’s choice — reform or a red card....
...For Shell investors, as for Mr van Beurden, the thought that they may be overpaying must be worrisome. Post-deal remorse is one thing....
...“If you’re a client representing only one loan, or one line of credit, then the banks can’t hold your cash any more,” said Will Callender, a partner at AlixPartners, a consultancy....
...In terms of the underlying businesses Matt Earl has already written a couple of posts at Lordship Trading looking at Great India Retail and Hermes....
...One way to picture the economic impact of a Brexit may be the shape of a letter ‘V’ or a ‘tick’....
International Edition