Hints and tips:
...Arrival’s deal with Kensington Capital Acquisition Corp V values the company at $524mn....
...Morgan Stanley‘s regional head for the Middle East and north Africa Sammy Kayello is stepping down, per Reuters, though he will remain on as a senior adviser....
...Next day at an auditorium on Times Square he talked about the need to take risk, much more risk ‘we need you all to take $100m of daily V@R’ just like Goldman does....
...“This is a historical moment . . . a bit of a ‘what the f***’ moment,” said Pascal Gauthier, chief executive of digital wallet provider Ledger. “It shows that no one is too big to fail....
...— were out in force for Morgan Stanley’s (week-early) Thanksgiving lunch on Tuesday, one of three the US bank throws in London for clients and other worthies....
...siona.jenkins@ft.com...
...F? T? W? At this point who even knows....
...David Morgan: Goal scorer To Coutts on the Strand for the launch of the biography of David Morgan — actor/footballer/academic/economist/financier....
...We think it’s largely right that the gaming sector will enjoy a V-shaped recovery as sporting events resume....
...Here’s JP Morgan Cazenove: China represented 7% of group revenue in 2019....
...And Morgan Stanley has published something titled The Big Data Opportunity....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...Here’s JP Morgan Caz off the conference call....
...Here, via JP Morgan Cazenove, is what you could’ve won: HSBC announced a 21c final DPS ($4.2bn dividend), representing c40bps of CT1 (assuming 25% scrip); RBS announced a 3p final ordinary DPS and a 5p...
...CEO - “What the f -” (CEO’s call disconnects abruptly as Zoom hits its 40 minute limit.)...
...JP Morgan’s pushing the Russian ones based off spot prices....
...Looked at differently, Cyclicals are still priced for a V-shaped recovery, which might not happen....
...Obit did not mention Naipaul’s best book: letter from John F May, Bethesda, MD, US Your perceptive obituary of V S Naipaul should have mentioned ‘A Bend in the River’ (1979), which is probably the best...
...Given the gaps in the record, McKay got his defence in first with a title card that read, simply: “We did our f***ing best.” For many, that was not good enough....
...(The Hill) Man v machine After winning TV quiz show Jeopardy, IBM set a new goal: beating humans in a debating competition....
...patrick.jenkins@ft.com...
...(Economist) Video of the day Lex analysis: bitcoin v tulips Jamie Dimon, JPMorgan chief executive, says the enthusiasm for bitcoin is worse than Dutch tulip mania in the 1600s....
...Conservative MP Nicky Morgan has asked the Bank of England provide details on the City’s readiness for a hard Brexit....
...Between 1882 and 1900, P&O (formerly Peninsular and Oriental Steam Navigation) commissioned the Arts & Crafts tiler William De Morgan to work on 12 ships....
...But by 1963 President John F Kennedy — under pressure over a mounting balance of payments deficit — had moved to stem the trend, concerned at the enthusiasm of US investors for putting their money into foreign...
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