Hints and tips:
...This brings us to the core philosophical tenant of the Barr speech, which is that in bank regulation and supervision, more capital cures all ills: [C]apital is what allows the bank to take a loss and keep...
...There were three choices A, B or C. But frankly they were all votes for merger. And we moved in the Referendum Bill that (even) spoilt votes will be counted as votes for merger.”...
...Many of these officials are far from being staid small “c” conservatives or the metropolitan liberal elite....
...Chart of the day Sterling is the only major developed world currency to strengthen against the dollar this year....
...Letter in response to this article: A defence of actively managed mutual funds / From Karen Barr, president and chief executive, Investment Adviser Association, Washington, DC, US...
...He almost exclusively eats sushi, so I got him some very simple sterling-silver chopsticks from Christofle. I thought they were a pretty good gift because they are elegant and chic, but also fun....
...Plus ça change, plus c’est la même chose....
...The UK plans are part of a big international push by AIMCo, which said it wanted to invest C$3bn-C$5bn outside of Canada in the next year....
...Separately, Canada will disclose its trade balance for the same month, and is forecasted to report its own widened deficit of C$500mn from C$40mn....
...Representative Ann Wagner of Missouri also grilled Barr about Treasury liquidity....
...A boost to sterling from Thursday’s decision faded quickly. Having briefly risen to $1.2838, up 0.4 per cent against the dollar, the currency traded down 0.25 per cent to $1.2735....
...Offshore subsidiary balance sheets are translated into sterling at the period end, as is standard accounting practice....
...Despite a sterling reputation, was it basically just ARKK with a hedge fund comp structure? Lone Pine declined to comment....
...Inequality hysteresis (Vox EU) — Do more and do better: a portrait of Larry Summers (Harvard Gazette) — RNS watch: Biffa bid for; SSP says things are improving; Saga interims; Card Factory half-years; AG Barr...
...And finally A few decades ago, the residents of Wigtown (population c. 1,000) in south-west Scotland wondered if they could follow Hay-on-Wye in Wales’s lead....
...Alliance Pharma, M&C Saatchi and YouGov all fall in this zone. But it’s not only about individual companies....
...This intuition is summed up in US law by the so-called Howey test, which says that something is an investment contract if it involves (a) a person investing (b) in a common enterprise (c) with the expectation...
...Its model has been widely adopted across Canada’s public sector — CPP Investments, established in 1999 to oversee and invest the assets of the Canada Pension Plan, has grown from just C$12mn to C$536bn and...
...“We need to change how we look at this,” admits Michael Barr, deputy Fed chair in charge of financial supervision....
...Sterling has slumped by the same magnitude to hover near its weakest level since 1985....
...SVB’s collapse is now the subject of a Federal Reserve review led by Michael Barr, its vice-chair for supervision....
...The company overhauled its governance last November, adding a supervisory board to oversee what remains of the C-suite....
...Join board members and C-suite executives in person or online for the Cyber Resilience Summit on September 21-23 to hear remarks from speakers including Bill Clinton. Register for your pass today....
...C’mon, everyone loves surfing dogs, who cares if there’s no markets relevance? One good read Wood pellets. So hot right now....
...Peter Doig is at The Courtauld from 10 February to 29 May, sponsored by Morgan Stanley and supported by Kenneth C Griffin and the Huo Family Foundation Anthony Daley, London “After the moon landing in...
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