Hints and tips:
...But Stephen Hall, legal director of Better Markets, which lobbies for investor protection, said: “Using projections is one of the easiest ways to mislead people....
Proposals would demand asset managers show they are not seeking to control lenders in which they have large stakes
FDIC chair Martin Gruenberg says US watchdogs would shut down a giant failing bank
Departure by head of Wall Street firm’s platform services business the latest in the exodus of top women from the bank
Trump’s former Treasury secretary has seized a chance to replicate his lucrative IndyMac deal
Investors including former Treasury secretary Steven Mnuchin stand to make hundreds of millions on bailout
Financial Stability Oversight Council flags emerging technology as a ‘vulnerability’ for the first time in latest report
...“We see more and more of our clients blending more types of investment products,” said Stephen Cohen, newly appointed chief product officer. “This is about ensuring we have the right ones . . ....
...Clients are going to want to consume strategies in multiple different ways,” says Stephen Cohen, BlackRock’s chief product officer. Even MFS, the original mutual fund pioneer, is not immune....
...“The 10 per cent highly liquid investment minimum is necessary because managers currently have too much discretion and take advantage of that discretion,” said Better Markets legal director Stephen Hall....
...The firm will also bring together the iShares index funds with active funds and separately managed accounts under a new chief product officer, Stephen Cohen....
...recommended viewing, the FT’s video team chatted with some of my US colleagues about why they got into journalism and what it’s like in their respective cities: featuring Ed Luce, Rana Foroohar, Tabby Kinder, Brooke...
...Additional reporting by Stephen Gandel and Hannah Murphy...
...“The return of cash is the biggest theme in asset management right now,” said Stephen Cohen, head of Europe, Middle East and Africa for BlackRock....
...Additional reporting by Samer Al-Atrush in Riyadh, Stephen Gandel and Antoine Gara in New York, David Keohane in Tokyo, and Will Louch, Arash Massoudi and Stephen Morris in London This article has been...
Shares of regional lenders fall as FDIC also signals plan to make industry raise more debt
Lessons to be learned from collapse of SVB, US regional banks and Credit Suisse
...,” said Stephen Bradford, ICI’s spokesperson. “It’s another example of the SEC citing expansive but vague benefits but giving very short shrift to the costs and the knock-on effects.”...
Earnings from BofA, PNC and BNY Mellon point to headwinds for net interest income
...It’s overdue for an update,” said Stephen Hall, legal director of Better Markets, which lobbies for increased investor protection....
...STEPHEN GANDEL: The thing you have to realise is that the merger that Sandy Weill and John Reed come up with, it was illegal....
...But Stephen Hall, legal director of Better Markets, said, the final rules “fall short of what’s necessary to protect investors from the appalling array of unfair, predatory and opaque practices.”...
...Additional reporting by Brooke Masters...
...Additional reporting by Stephen Gandel in New York...
The FT looks at the midsized lenders that have suffered since the collapse of Silicon Valley Bank
International Edition