Hints and tips:
Related Special Reports
...On Thursday, its shares rose 10 per cent to 37 cents, reversing a wobble following the fundraising news....
...Netflix said memberships to its advertising-supported tier rose 65 per cent from the previous quarter....
...Revenues from operations rose 3 per cent in the quarter to $21bn, again better than analysts had expected....
...ETFs accounted for 51 per cent of underlying assets at the end of last year, up from 46.7 per cent in early 2022, according to data from Broadridge Financial Solutions, a financial technology company, which...
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...The shares rose 5.6 per cent on Friday, but are still 28 per cent below their level before the news came out....
...$65.6bn into active ETFs in the three months to the end of March — more than 50 per cent higher than the previous record of $41bn in the fourth quarter of 2023 — as assets under management in the vehicles rose...
...Chief financial officer Martin Small said on a call with analysts that he expected headcount to be “broadly flat” in 2024, as it has been over the past two years....
...The proxy also reported that Fink’s pay rose 9 per cent to $27.6mn last year....
...Under Buckley, Vanguard’s reach expanded to more than 50mn clients and assets under management rose 80 per cent....
...Core services inflation rose an annualised 6 per cent, and unlike in the past two reports, there were no big anomalies to blame....
...In ISS’s report on the bank’s AGM, sent to shareholders on Friday and seen by the Financial Times, the proxy adviser recommends investors vote against the company’s new remuneration plan over concerns about...
...Still, less than a third of those surveyed in an ABC/Washington Post poll out on Sunday believe Biden is doing a good job in managing the world’s largest economy....
...The pay of JPMorgan’s Jamie Dimon, whose bank reported record profits for 2023, rose about 4 per cent to $36mn....
...Any rebound for Citi next year starts in its services unit, offering working capital and payment facilities to its multinational corporate clients....
...While revenue rose 6.6 per cent in 2023, net income rose 20 per cent....
...When interest rates rose, higher discount rates hit valuations for companies seen as growth plays. The tech sector later rallied on AI hopes. But payments groups stayed in the doldrums....
...And don’t miss Antoine and Brooke’s profile of Ogunlesi, who rose to head investment banking at Credit Suisse before founding GIP in 2006....
...Taiwan’s investment in Thailand, Vietnam and Malaysia rose 146 per cent in 2023 versus the previous year to more than $2.2bn, according to government data....
...But it got us wondering: what hypothetical financials would justify a $60 stock price?...
...That helped boost the company’s free cash flow — a key metric in determining bonuses for Zaslav and other top executives — which rose to $6.1bn in 2023 from $3.3bn a year before....
...Executives at rival financial firms have been eyeing GIP as a possible acquisition for years, attracted by its record of making both financial and operational improvements to the assets that it buys....
...Volume rose 6 per cent from a year earlier to nearly 11mn contracts. Within this, average daily volume for Treasury futures was up 18 per cent....
...Fink called Martin Small, BlackRock’s chief financial officer, from his mobile phone shortly afterwards....
...The buyback represented a “vote of confidence in the company’s strong financial momentum”, said Prashanth Mahendra-Rajah, Uber’s chief financial officer....
International Edition