Hints and tips:
...Gordon is one of the leaders of its North American PE unit, while Marshall is co-head of its European buyout business....
...Merchants are currently able to charge an extra fee for consumers who use American Express cards, but Visa and Mastercard have blocked sellers from doing so for their users....
...Capital for the loans would come from overseas credit funds and local banks, Arora said....
...It was unbelievable,” said Alisha Alaimo, Biogen’s North America head....
...Even Barclays, which bought Lehman Brothers’ North American business out of bankruptcy during the financial crisis and is seen as having competed better than most overseas peers, is struggling from a wave...
...“Retail spending has been down all year, restaurant spending, travel, services, leisure,” she told CNBC....
...Collectively, all 50 US states allocated just $110.9mn to publicly-funded problem gambling services this year....
...Until recently, Laibow was co-head of the North American operations of Oaktree Capital Management’s flagship credit fund....
...Graham Day, chief investment officer of Innovator Capital Management — which launched the first buffered product in 2016 and is market leader with $11.7bn of the $23.1bn held in North American funds, according...
...The cost for these has rocketed just as credit quality is showing signs of deteriorating....
...“It is likely that the momentum around this issue has essentially ceased for the time being at North American companies.”...
...(Jonathan Moules) Trade links The EU is continuing to complain about electric vehicle tax credits in the US Inflation Reduction Act, which favour North American suppliers....
...Coupled with Fink’s tradition of an annual open letter to chief executives, it has put BlackRock in the crosshairs of both the American left and right....
...It eschews alternative investments, even as rivals have expanded into private equity and credit in search of profits....
...We are a software as a service business. We charge banks a transactional fee. Every loan that we analyse is a transactional charge....
...Treasures of the American experiment....
...We operate in the UK, North America, Canada, US and now in the EU plus peripheral Europe. We have a lot of clients in the private equity space and in private credit....
...As always, reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to share your feedback on today’s newsletter. Happy reading!...
...Halving that would just about cover Amazon’s losses in North American retail over the past year. Though the company’s top line is still growing, in a recession that is no sure thing....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...His company, Nova Credit, partners with credit reporting agencies around the world to create a standardised “credit passport” immigrants can use to access financial services when they move to a new country...
...Fast forward to more recent times and the manor was bought in the late 1950s by the American oil baron John Paul Getty, who sold it to the art collector Stanley J....
...“I do not feel that I should have to pay $740 of service, late and collection fees that were charged . . . as a result of a mistake made by [Home Partners],” Evans told customer service representatives,...
...“The last thing we should really be doing as Americans is just printing money out of thin air,” says Shepherd....
...Like the rest of the world, Americans woke up the day after Thanksgiving to news of the troubling new Omicron variant....
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