Hints and tips:
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Flynn will retain another role as co-head of private wealth management, and succeeds Kim Posnett....
...Fink and Ogunlesi have known each other since both were at Credit Suisse in the 1980s....
...Last summer, Frazier’s daughter fell ill in California while both men were at a wedding in Italy, so Ogunlesi volunteered his private plane....
...Icahn restructured the margin loan last summer so that it was tied to the value of Icahn Enterprises’ quarterly net assets and not its falling shares....
...Barclays is reportedly planning to establish a similar vehicle with AGL Credit Management....
...Earlier this year, an insurer run by Elliott Management abandoned a $4bn takeover effort for the insurer....
...That seems an odd fit, however, with its decision to bid for the coal business of Teck Resources this summer....
...Brady bonds By 1989, Elon had enrolled at Queen’s University, Ontario, and fluked his way into a summer job at Scotiabank’s strategic planning department....
...It limits credit risk and is available on the exchange.”...
...Tokio Marine replied that it was under no obligation to extend coverage, and that in the summer of 2020 it had developed “particular concerns” about the lender....
...I can today confirm we will increase the rate of tax credit by 5% and remove the 80% cap for visual effects costs in the Audio-Visual Expenditure Credit....
...Summer optimism has given way to worries about the impact of rising rates and pressure on earnings....
...For the three European airlines in particular the coming summer season will be crucial as they look to rebuild their finances following the pandemic....
...In 2012, Geoff Wilding, a former investment banker from New Zealand, took the helm as executive chairman of the West Midlands carpet maker after an acrid six-month boardroom battle....
...Rosenbluth, who pointed to strong buying of the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and the SPDR Bloomberg High Yield Bond ETF (JNK), attributed the greater willingness to take on credit...
...Bank of America, Credit Suisse and Goldman Sachs declined to comment....
...One bit of programming to start: school’s out for summer. I’m clipping an Apple AirTag to my suitcase, snapping up a couple of books from our summer reading list and heading to the beach....
...Here is the company statement that went out on Friday: NEW YORK, November 18, 2022 — Sculptor Capital Management, Inc....
...As the summer wore on, Black discussed Ganieva’s demands with a private investigator from Nardello & Co, and with Epstein....
...The banks are expected to generate significant losses after agreeing to finance the takeover of Citrix by Vista Equity Partners and Elliott Management....
...Company management appears to agree....
...Wartzman, who runs the Drucker Institute’s KH Moon Center for a Functioning Society, credits the retailer with undergoing a “remarkable” transformation in how it treats its people....
...The cash deal includes Citi’s credit cards, retail banking, wealth management and consumer loans in the country and will see 3,600 staff in India taken on by Axis, in a bet on a crowded sector already abandoned...
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
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