Hints and tips:
...As Stephanie Kelton notes in her book The Deficit Myth, governments with access to a printing press are “currency issuers” (exceptions include, most obviously, members of the eurozone)....
...by Gillian Tett Brexit Britain may soon be humming John McDonnell’s Marxist tune by Philip Stephens Earning more is never a simple choice for women by Sarah O'Connor Donald Trump’s trade follies presage...
...It has recruited Nick Triggs, the former head of European investment banking at Fox-Pitt Kelton....
...(full name Fox-Pitt Kelton Cochran Caronia Waller), a US-based boutique bank better known as FPK....
...Stephen Green, HSBC’s chairman, was reported last year to have met with the sovereign fund....
...But Howard Shapiro, Fox-Pitt Kelton analyst, chided executives for their “unhelpful responses” while analysts at Citigroup said the call had not allayed the market’s concerns....
...Yet while it seems clear that Stephen Green, who replaced Sir John as chairman, and Mr Geoghegan are keen to shift HSBC’s focus back to emerging markets, a sale of Household is not on the agenda....
...Fox-Pitt, Kelton maintained its “in-line” rating on the stock and upped its target price from €70 to €72....
...Analysts at Fox, Pitt Kelton described the acquisition as “a sensible financial and strategic transaction” that would also benefit other reinsurers....
...With Friends Provident trading at a good discount to sector peers such as Aviva and Prudential, Mikir Shah at Fox-Pitt, Kelton said the stock was cheap....
...KBW has also hired Stephen Howard from Dresdner Kleinwort Wasserstein to head its investment banking effort....
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