Hints and tips:
...Rieder: I’d say it’s a B-. But it’s not a C. Why are you getting these sorts of yields in credit today? You’re getting them because the risk-free rate is so darn [high]....
...Rostin Behnam, the chairman of the C.F.T.C., and Mr. Bankman-Fried agreed that the C.F.T.C., rather than the S.E.C., should have primary oversight of much of the crypto markets, the people said....
...Needham and D. Hotson. Charlie Bean: Few downturns are exactly alike....
...And Panmure: Mid-single digit EPS growth (rather than high) and F/X at -2% would imply an outcome this year of ~330p for adjusted EPS we estimate....
...Overall the measure should save c. EUR15bn-20bn of ET1 or c. 20-30bp on average for the banks we cover. We continue to believe that the sector has c. EUR300bn of excess capital above SREP and c....
...Buying that lot out at par would be 0.17 per cent of HS2’s current estimated cost of £78bn. It makes sense, sort of!...
...Hedge funds and risk-parity funds have reduced their equity exposure considerably. But institutional active funds and passive products have room for further outflows....
...Consolidation isn’t some silver bullet either, Citi says, because a large minority of the airlines aren’t worth operating in the first place: [O]f the c.$7bn of net profit that the Europeans made in 2019...
...Do let us know if you have any idea regarding companies A, D or F (or if we're wrong on the others). Happy hunting....
...It is unlikely that we will see a technical recession caused by Brexit alone....
...“People ask me if I knew I’d get a Nobel prize. I always say no, but I knew I’d get a PhD.”...
...A round up of some of 2016’s most significant corporate events and news stories....
..., maintain capital levels, and fund the loan valuation reserve; (h) operating in violation of sections 23A and 23B of the Federal Reserve Act, 12 U.S.C. §§371c & 371c-1, made applicable to state nonmember...
...For a period of five years, starting in the autumn of 2010, I was a familiar visitor to Greenspan’s offices in Washington, D.C., and saw him in other contexts, too: at home, hosting a dinner for a former...
...I then use the median and average across strikes (for each expiry) to estimate F. I then compare F to the no-squeeze forward price, which is (1+rT)S where S is the current price on the stock....
...F&C’s multi-manager team, headed by Rob Burdett and Gary Potter, says the current “heightened volatility . . . does create opportunities for investors, but for the moment we are staying patient and not significantly...
...It is on track to top 2013’s results, with revenue already at $4bn in the first nine months of this year and net income of $183m....
...from the news and beginning to wonder what the long-term consequences of the heightened geopolitical conflict will be for Russia Inc....
...To be precise, 155,000 people in Benin got a vaccination against meningitis, with a vaccine kept in temperatures of up to 39°C....
...Blackstone’s offer may value the Milan-based designer at as much as €1bn including debt (Financial Times) (WSJ) “Washington, D.C., law firm Patton Boggs LLP is in merger talks with a much larger firm, Squire...
...Stein also has been commuting for the past two years between Washington D.C. and Boston, where his family lives.”...
...The S&P 500 is currently very overvalued. GMO models suggest that over the next seven years the real return from US stocks will be close to zero....
...They’d been worried for weeks about the losses they were facing on U.S. home loans....
...and loan holding company; (D) a company that controls an insured depository institution; (E) a nonbank financial company supervised by the Board under title I of the Dodd-Frank Wall Street Reform and...
...The Latin American Reserve Fund, a regional lender for nations with balance-of-payment problems, approved a $515m loan for Ecuador to shore up liquidity in the South American country, Bloomberg reports....
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