Hints and tips:
...However, in order to size the potential maximum impact to banks’ P&L, a scenario we think would be unlikely but possible, for example in times of financial distress, we have assumed that everyone older than...
...Hence we think share price underperformance of wholesale banks such as DBK (4.7x P/E 2024E), BARC (3.9x P/E 2024E), BNP (6.9x P/E 2024E) as well as by some Money Center Banks is overdone....
...L....
...They might be willing to endure quite a few lean years in terms of their own P&L — and even to think about cutting their own costs and headcount — rather than take risks with deals that need stretched assumptions...
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...years resulting in cumulative provisions of 314bps over 2020-22E; and iii.)...
...P&C outperformed into the corrections in the past 8 years....
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
...through the P&L....
...Stress testing balance sheets for GFC falls in EBITDA As we move into recession mode, incoming questions from investors have switched from a focus on the P&L to the balance sheet....
...Will Wallis at Numis can give us the detail of the strategy review: We summarise the outcome as a focus on self-help, requiring upfront P&L investment....
...With top-line beat flowing through the P&L, core op. profit was +8% vs cons and core EPS +12%. ¾ of the EBIT beat seems inventory related. Q: What were the most noteworthy areas in the results?...
...L.P. (“KKR”) and GK Investment Holding Group SA (“GKI”) (each a “Potential Offeror”) regarding possible offers for the Company....
...FY19 results last week also indicated that 2H19 saw a – frankly – VAST uptick in NGP investment through the P&L. BAT invested an incremental £700m+ in NGPs in 2019, of which ~£600m came in 2H19....
...Japan’s Topix and Australia’s S&P/ASX 200 both edged down 0.1 per cent while Hong Kong’s Hang Seng rose 0.2 per cent....
...Angel L....
...His new bikers’ dictionary P is for Peloton: The A-Z of Cycling was compiled with the journalist Suze Clemitson....
...(iii) The average earnings’ yield (based on next 12 months’ EPS) must equal the long return on equities, independent of the pay-out ratio....
...Revving up There is nothing like revenue recognition – the booking of income on the P&L – to get creative accountants’ juices flowing, writes Kate Burgess....
...Have some mint tea and a corne de gazelle by the fountain, after a walk in the Jardin des Plantes nearby. 2bis Place du Puits de l’Ermite, 5th arr Le P’tit Fernand This restaurant is an institution and...
...It’s hardly Mr Shakespeare’s fault that the quest for truth in accounting has effectively drained all meaning from the P&L account....
...GMT on April 10, the trader with responsibility for the P&L Predict circulated a P&L Predict indicating a $5 million loss for the day; according to one of the traders, the trader who circulated this P&L...
...If Goldman chooses to speed up the mitigation process, there could be some P&L impact, but its capital ratios will get closer to the Basel III G-SIFI guidelines meaningfully faster....
...He received the following response: If this change is what I think it is (full reval credit p&l calculation for the shocks derived from the VaR days, instead of sensitivities times shocks), then the IB...
International Edition