Hints and tips:
Related Special Reports
...Last year, it closed its flagship Asia V buyout fund after raising $7.1bn, eclipsing its targets....
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Competitors, including Goldman Sachs and Credit Suisse, had taken the extraordinary step of complaining to prosecutors and regulators about Morgan Stanley’s block trade practices....
...They aren’t risky; there was only $139mn of credit loss allowances against employee loans as of the last 10-K....
...Leave your credit card in your wallet, don’t go near an ATM, and come armed with US dollars in cash that you can change into pesos on the ground. Not just any dollars, crisp $100 dollar bills....
...To its credit, the show doesn’t sensationalise events further with speculative out-of-court scenes....
...Arrival’s deal with Kensington Capital Acquisition Corp V values the company at $524mn....
...It limits credit risk and is available on the exchange.”...
...As ever, drop me a note at sid.v@ft.com if you’ve got thoughts and ideas for upcoming Future of Money newsletters....
...Thank you all for your emails and thoughts, and as ever, you can reach out to me at sid.v@ft.com. Happy reading, a merry Christmas and a happy new year!...
...Pseudoname The guy is an operative of US intelligence services. The exchange is an asset of US intelligence services. With the NYT conference speaking confirmed it is abundantly clear....
...But it is a reminder that there has long been a demand for credit, even if it has not always been affordable. As always, drop your story ideas to me at sid.v@ft.com and have a great week....
...Karin’s decisive actions in dealing with the Credit Suisse banking crisis earlier this year rescued the Swiss economy. We all owe her a debt of gratitude....
...You can reach me at sid.v@ft.com. Happy reading!...
...(FT) — The making of ‘bad gentry’ after the abolition of the civil service exam in China, 1902-1911 (The Journal of Economic History, v Phenomenal World) — Zach Carter with a post on the real student debt...
...Rising interest rates are likely to boost the bottom line of high street lenders, with credit quality yet to deteriorate....
...As always you can reach me at sid.v@ft.com....
...Separately, ministers have been urged to emphasise the fact that some people are not claiming all of the financial support they are entitled to, for example tax-free childcare and pension credits....
...Its $440bn credit arm makes more business loans than some midsize banks, making it not so much an investment outfit as an alternative financial system....
...And which isn’t to say that Credit Suisse doesn’t have problems, but Credit Suisse did not have the same problem that SVB did. Right?...
...As ever, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with your thoughts and suggestions. And if you haven’t already, please sign up to the FT’s new Cryptofinance newsletter here....
...Catherine Lewis La Torre, chief executive of its British Patient Capital arm, says that the bank’s core funds had invested more than £150mn in life sciences in the UK....
...A similar debate is growing around the buy now, pay later sector — which offers interest-free, short-term credit....
International Edition