Hints and tips:
...Right now the blue rate is so strong that if you avoid using the official rate you can double your money....
...“It helps them raise money without it coming out of pocket,” said Joseph Lombardo, head of the private equity general partnership advisory practice at investment bank Houlihan Lokey....
...That in turn rests on whether post-financial crisis reforms — some of which the banks are lobbying furiously to relax — have left the system strong enough to survive....
...The first is to offer cheap auctions of central bank cash. And when we say cheap, we mean the ECB – still operating a policy of negative rates – pays the banks to borrow. How so?...
...Hong Kong protests Tuesday marks the first anniversary of a 1m-strong march in Hong Kong against a since-scrapped extradition bill to allow suspects to be tried in mainland China....
...India processes 90 per cent of the world’s stones. The US Federal Reserve decision to help states and large cities but not smaller localities with emergency funding is facing strong criticism....
...Focusing on small and medium-sized retailers in Brazil, Stone has thrown down the gauntlet to the country’s big banks by expanding into other services such as credit. Michael Pooler in São Paulo 47....
...The investment banking performance contrasts with the record profitability at many of the banks’ parent companies, such as JPMorgan Chase and Morgan Stanley, whose earnings were powered by strong trends...
...In his latest Swamp Notes column, Edward Luce asks is America’s rule of law strong enough to withstand these headwinds?...
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Of particular note TYVIX is in line with our cross-asset fair value for the first time since mid-January....
...Strong February data would make a Bank of England rate increase in May all the more likely. The ONS also releases February UK retail sales data on Thursday....
...officer at Training The Street, a firm that provides financial training to banks....
...“I could never have worked in a bank because I’m not mathematically clever enough,” he says....
...Trilantic V North America is the company’s first fund after rising from the ashes of Lehman’s merchant banking unit four years ago....
...India Grows At Night: A Liberal Case for a Strong State, by Gurcharan Das, Allen Lane, RRP£19.99/Penguin Global, RRP$25 Das, a former businessman, was one of the first public intellectuals to analyse the...
...M&A activity slowed this year, after a strong first quarter, as the European crisis gathered pace....
...In finance, investment banks EFG-Hermes and Beltone Financial have established a strong presence in the oil-rich Gulf region....
...… Why was Stone’s message in Wall Street undermined? Bill Winters, 48, a former head of JP Morgan’s investment bank, believes the filmmaker obscured the point he intended to make....
...Dubai will hope it can welcome more bankers like V. Shankar....
...The economic fall-out of the financial crisis caused global havoc but emerging markets were first in and first out....
...house in the little town of Castell in the county of Castell, next door to the seat of Germany’s largest private bank (yes, the Castell Bank)....
...Mr Weill built the first of his two financial-services empires, Shearson Hayden Stone, by acquiring a series of brokerage businesses with respected names but deep-seated financial woes....
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