Hints and tips:
...Similarly, if Vision Fund 2’s investments in private technology companies had been profitable, the SoftBank founder stood to gain handsomely without putting up any upfront capital....
...They were, it said, excluding deposits that were otherwise uninsured but backed by collateral. The likely result would be a lower levy on the bank....
...As a “foreign private issuer”, Arm will not qualify for inclusion in the S&P 500 and other domestic US indices....
...A crow will peck a lamb’s eyes out, given the chance; a stoat will run away with a grouse egg....
...The weakest players our screen identified were Wisconsin’s Associated Bank, listed as Associated Banc-Corp, and Valley National of New Jersey....
...The share price will be closely watched by Musk’s lenders since it is their collateral should he default on his loan....
...Second, if you are long non-Russian commodities and short the related future s, you are likely having margin calls that need to be funded....
...We will not know that for a few weeks,” Crow said. Some companies own both electricity retailers and power plants, balancing the risks....
...In addition to economic losses, Exelon was forced to post more than $1bn of collateral with Texas authorities. That forced the company to draw on its borrowing capacity....
...That contributed to the S&P 500 losing 3.3 per cent last week, its biggest weekly loss since the nervy trading that preceded the US presidential election....
...Unsecured bonds are considered riskier than their secured counterparts since holders are not entitled to specific collateral in the case the company is forced to liquidate....
...This means the loans are not factored into SoftBank’s credit ratings – a concern for the Japanese company, as it already carries junk ratings from Moody’s and S&P....
...S&P removed its investment-grade rating for the company in June....
...For our prime minister, Covid-19’s arrival in India became a further opportunity to reinforce the cult of personality....
...The group’s market capitalisation was less than that of SoftBank Corp, the listed Japanese telecoms group in which it had a two-thirds stake....
...The European Central Bank, for example, only accepts bonds that have been rated by Scope’s three big rivals as well as DBRS as collateral in its monetary refinancing operation....
...He has amassed large debts, pledging his shares in Lagardère as collateral, through his holding company....
...SoftBank has pledged a part of its remaining Alibaba stake as collateral to take out nearly $10bn in margin loans....
...Global equity markets were under heavy pressure on Thursday, with Europe’s main benchmark down 10 per cent, and the S&P 500 down 7 per cent....
...Our comments These shares represent collateral to backstop off-balance-sheet transactions. Net exposure and the transactions themselves are not well defined and disclosed....
...In May, Norwegian used two of its cruise ships and two islands as collateral for part of a $2.4bn fundraising comprising equity, loans and private investments....
...It also handles options contracts based on Cboe’s Vix index, an actively traded measure of future volatility in the S&P 500....
...The first is collateral stripping. With this carve-out, borrowers can move assets outside of collateral pools and beyond the reach of senior creditors. Retailer J....
...But filings and S&P Global data suggest that, in addition to Goldman’s position, Bank of America Merrill Lynch has 9.8 per cent. Deutsche Bank briefly had 5.5 per cent....
...But it’s not yet clear what companies are doing with those offshore assets, which were often used as collateral to borrow and pay shareholders with dividends and buybacks....
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