Hints and tips:
...The sovereign wealth fund of the Kingdom of Bahrain, Mumtalakat, has appointed Khalid Al Rumaihi as chief executive. Before joining the fund in 2015, Al Rumaihi was a managing director at Investcorp....
...Maybe we will discover that many managers were smart enough to sell out of Apple, Valeant, Williams et al before their shares tanked....
...(Bloomberg) - How Goldman (et al)’s aluminium warehousing cost American consumers $5bn in three years. (New York Times) - The commodities supercycle is still ending....
...Goldman Sachs’ two most senior executives, Lloyd Blankfein and David Viniar, chief executive and chief financial officer respectively, were among the high-profile names on a list of those who may be called...
...In 2007, when MBIA et al were still considered bullet-proof (at least as far the other rating agencies were concerned), founder Sean Egan projected massive losses for the monoline monoliths – rightly, as...
...As a former investment banker, Augar tells the story of the disaster in the financial markets. What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
...Mr Pym is also chairman of Halfords, the car parts retailer, and non-executive chairman of Old Mutual, the Anglo-South African financial services group....
...After spending billions of dollars at the wrong price for shares in Merrill Lynch, Barclays et al, Singapore’s state-backed investment body Temasek says it still “sees value” in banking stocks in the US...
...Which is to say, the NY Times article was certainly alarmist, but may not be – as MBIA et al would rather have you believe – so totally wrong....
...Bloomberg notes that financial services companies made up 38 per cent of Temasek’s portfolio of more than $100bn at the end of March, compared with 35 per cent a year earlier, according to its annual report...
...Again, Hugenholtz et al, point out that the majority of cases brought under the Directive have been about databases that would have been created anyway - telephone numbers, television schedules, concert...
International Edition