Hints and tips:
...But Gautam Puntambekar, country executive for Bank of America, says that “when you talk about semiconductors, Malaysia is invariably part of the conversation”....
...The bank has stepped up the pace at which it is securitising billions of dollars of its loan portfolio in anticipation of proposed new US capital requirements for large banks, according to people familiar...
...Some asylum seekers are staying in a squat on Brussels’ Rue de la Loi, just next to the headquarters of De Moor’s party, CD&V....
...One grandfather had been governor of the central bank, his signature appearing on Iraq’s banknotes. Aged nine, he watched his father Hareth flee Baghdad....
...His gamble on growth, which allies believe may still pay off, fits his boisterous character....
...Staff at the bank will miss a certain line item on someone’s bank statement or a certain form of income . . ....
...It says it had helped fund the development of the Sputnik V Covid-19 vaccine....
...Let us know at Imani.Moise@ft.com or Sid.V@ft.com. Is crypto a risk to sanction enforcement?...
...He is wearing a pale pink V-neck jumper under a suit, with a Burberry scarf and a large watch....
...That image could also be helpfully exportable when Britain desperately needed allies....
...There is no sign that Beijing or Moscow are giving preferential treatment to their socialist ally....
...Inflation also exceeded the Bank of England’s target last month....
...Chart du jour: Deutsche Back Deutsche Bank, once the “sick bank of Europe”, is outstripping European rivals in the equity market (see share price chart via FT)....
...Will it be a V-shaped rebound, or some troubling variety of a U? Or, God forbid, an L?...
...Builders, miners and banks who tapped investors for cash during the financial crisis a decade ago, raising £76bn in 2009, have stronger balance sheets....
...The vaccine was named Sputnik V in a nod to the Soviet satellite that sparked the cold war-era space race....
...The EU drug regulator will launch an investigation next week into whether clinical trials of Russia’s Sputnik V Covid-19 vaccine contravened ethical and scientific standards....
...He will replace Eddie Lister, Mr Johnson’s long-serving ally from his London City Hall days....
...This is a striking comment because if you define “online-only bank” only to include actual banks, Ally, the former captive finance division of GM, is arguably the most successful....
...There has been a recent and probably temporary outbreak of prudence by the US Federal Reserve, the European Central Bank and the Bank of England....
...It gave the global oil market hope that a V-shaped demand recovery was under way. But OilX’s data suggest the teapots’ appetite has waned....
...There is growing optimism that a “V-shaped” rebound — which had been widely dismissed only a month ago — could be on the horizon....
...kate.burgess@ft.com Superdry: matthew.vincent@ft.com...
...In The Economic Consequences of the Peace, Keynes called for a general forgiveness of debts for a war that had left the finances of Britain and other allies under strain....
...FT commenter Patnaik K V: Are central banks better prepared now, in terms of ammunition at their disposal, to respond to the economic fallout of this pandemic than they were in 2008?...
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