Hints and tips:
...They followed the Pinault family of Ch Latour et al, who, in 2013, bought what is now called The Eisele Vineyard from the Araujos, and were so confident of their savoir-faire that they didn’t even impose...
...They found that the standout stocks today are at much cheaper valuations than the stars of the 90s were, and while the valuations of the Magnificent 7 et al do look a lot like the “Nifties,” they tend to...
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...Last month, NWBO and its Reddit fans were rebuffed by a Manhattan court, which granted Citadel et al’s motion to dismiss the case. But there was a sting in the tail....
...The riskiest, most beat-up members of the group (KeyCorp, Comerica, Zions, Western Alliance et al) rose the most....
...“I have seen that in other situations in Latin America, where we start small and we build much larger financial institutions . . . it’s a question of hard work, a lot of luck and a lot of concentration.”...
...Earnings at JPMorgan Chase, Bank of America, Wells Fargo and Citigroup were up 23 per cent. By contrast profits at all other institutions dropped by an average 19 per cent in the quarter....
...If you owned rate-sensitive, high-risk stocks yesterday you have Unhedged’s permission to sell and take the rest of the year off (Carvana, Zillow, SoFi, et al rose 10 per cent or more)....
...Amazon is investing $115mn in exchange for a minority stake in the television networks that screen some of America’s biggest sports....
...SF: You wrote earlier this year that the long period of lax monetary policy had created increased systemic risks. The context for that was the turmoil around Silicon Valley Bank, et al....
...Plus if you really miss Brian Cox et al, you can slowly flick through the archive photographs while humming a haunting piano theme....
...Citi’s Ben Nabarro has summed up the complex action vs words balance Andrew Bailey et al. will need to strike at a “tight call” meeting....
...Four weeks ago, Philip Dybvig, Douglas Diamond et al won the Riksbank Prize....
...In the old days, such financing would be the coveted preserve of syndicated loan powerhouses such as JPMorgan, Bank of America or Citigroup....
...The recent rise of the Faangs, et al, looks like a knee-jerk reaction to the fall in rates and rate expectations that followed the banking mess (the 10-year yield has fallen from 4-ish per cent to 3.6-ish...
...at the Monterey Pop Festival – a moment immortalised in one of the most famous rock ’n’ roll photographs of all time....
...If we are right that consumer spending, despite some recent softening on the margin, is still at or above trend, that is another thing for Powell et al to fret over....
...This has panicked some investors in US and European banks such as Bank of America and Deutsche Bank. Check out the Lex stream later today for a note on the phenomenon....
...Need to know: Global economy Sultan Al Jaber, the president-designate of COP28 and head of the Abu Dhabi National Oil Company, promised to “supercharge” global climate finance, finalise a $100bn fund to...
...A is for A-Cold-Wall*Fashion designer Samuel Ross first launched his grant for businesses during the Black Lives Matter movement in 2020, sharing £25,000 between 10 names across a range of disciplines....
...Early bidders pitch competing visions for Manchester United Sir Jim Ratcliffe, the billionaire founder of UK chemicals group Ineos, and Sheikh Jassim bin Hamad Al Thani, the son of Qatar’s former prime minister...
..., Covid et al) wouldn’t bring globalisation to a halt....
...Just to name a few: he’s the country’s national security adviser; he chairs a state investment vehicle and the UAE’s biggest bank; and then, of course, there’s IHC....
...Yesterday’s Bank of America earnings only confirmed the picture....
...Virtuous Bankers: A Day in the Life of the Eighteenth-Century Bank of England by Anne L Murphy (Princeton) The story of how the 18th-century Bank of England became — in the words of Adam Smith — “a great...
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