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...Roughly £340mn of the £920mn was directly funded by the group and the rest was provided by banks, some of which is guaranteed by the wealth manager....
...Elsewhere on Tuesday… — In the shadow of St Paul’s (The Fence) — Is it even possible to become more productive?...
...Musalem will join the St Louis Fed in April, and will have a seat on the rate-setting Federal Open Market Committee in 2025....
...The owner, my friend Didier Martin, says that the lavender-roasted goat’s cheese salad, with a baguette hot from the oven, recalls his St Tropez home; I dive into his tarte tropézienne on the tiny terrace...
...Elsewhere on Thursday… — How to talk to a person like ChatGPT (Ars Technica) — Index fund investments in banks (Bank Reg Blog) — How European soccer made peace with fasting during Ramadan (New York Times...
...Meanwhile, the Bank of England MPC consists of nine policy makers and a common staff....
...Elsewhere on Monday… — Tether, FTX, and Deltec Bank: Money time (Amy Castor and David Gerard) — Lending in the sponsor age (Lewis Enterprises) — The sweet science and the sovereign fund (The Baffler)...
...Additional help by Sam Giovinco, Zach St. Louis, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer....
...to get all those correct: former winners James Ritossa of Citadel and Simon M (who won the two-shirt rollover last month); and twice-bridemaid-but-never-yet-the-bride Charles de Nobrega of Butterfield Bank...
Cheques; Germany; banks; 23andMe; art; medical records; fallacies; and inflation
...Grab your popcorn, the European Central Bank’s gone studs-up on the Securities & Exchange Commission....
...A lot of people got two out of three this time around, with the third chart proving particularly troublesome (several people guessed other regional bank indices)....
...Further reading— The unbearable tightness of BoE’ing— The Bank of England is misusing its fiscal powers...
...Anyway nowadays Bloomberg still has historic market cap data for ST&T, but zilch pre-2000 for the Royal Dutch part. So what did we do? A massive fudge, obviously....
...Additional help by Zach St. Louis, Saffeya Ahmed, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez....
...Doug Barrowman defrauded HMRC and his clients (Tax Policy Associates) — The spectacular failure of self-checkout technology (BBC News) — Beyond the average: patterns in UK price data at the micro level (Bank...
...If we generously assume that half of those making full contributions to a stocks and shares ISA have no other investments, allocating savings above £20k into non-platform assets such as bank deposits, then...
Banks to the future
...The St Louis Fed said on Monday that it hired an executive search firm to search for Bullard’s replacement....
...Assuming Barclays used the slightly older data, this suggests the midterm boost to incomes could be more front-loaded than the bank predicts....
...The St Louis Fed said on Monday that it had hired an executive search firm to search for Bullard’s replacement....
Auto sector says final EPA rule presents ‘more reasonable’ goals for adoption of electric vehicles
...Additional help by Zach St. Louis, Ethan Plotkin, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez....
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