Hints and tips:
...“Banking is still in the infancy of its transformation and we are seen as an outlier in pole position to win,” said chief executive TS Anil....
...Andrew Lawrence, an analyst at TS Lombard, earlier this month said that Vanke, similar to Country Garden, had a business model that was vulnerable to “an interruption in its ability to generate sufficient...
...At the time, Monzo’s chief executive TS Anil said the bank had made an unspecified profit in March, and expected to hit annual profitability in its next financial year....
...Rory Green, chief China economist at TS Lombard, said China’s policymakers had appeared to have a good grasp of the need to cut leverage in property two years ago....
...Garden has been held out by many in China as being one of the better developers, and yet it’s suffered from the same problems everyone else has suffered from,” said Andrew Lawrence, Asia property analyst at TS...
...Bunge’s strengths in processing and downstream plus Viterra’s in merchandising and handling creates a more integrated global company....
...“Obviously with a loan book growing as more customers take those products from us, expected credit losses grow alongside that,” said chief executive TS Anil....
...“We haven’t had a comprehensive package of plans to revitalise the sector, so we are going to continue to see defaults,” said Andrew Lawrence, Asia property analyst at TS Lombard....
...“We are currently in phase 1,” he said, adding that TS Lombard expected the government to “double down” on policy support for Chinese technology hardware in the longer term....
...Chief executive TS Anil said his plan to keep investing and developing new products had the backing of shareholders, who ploughed $500mn into the bank in a fundraising late last year that saw Monzo’s valuation...
...TS Anil, Monzo chief executive, said it had been a “really challenging year”, but that the company “has shown extraordinary resilience . . . and more importantly a significant amount of growth as well”....
...“We will be profitable in the next financial year,” TS Anil, chief executive of Monzo, told the FT’s banking summit on Thursday....
...The broad narrative shift has led to “a lot of air coming off the market”, said Konstantinos Venetis, senior economist at independent research firm TS Lombard....
...Bo Zhuang, an economist at investment firm TS Lombard, said China’s local governments often forced state-owned enterprises to make ill-judged acquisitions....
...“With the backing of some of the best names in the investment community, we’re going into next year with big ambitions — and we’re just getting started,” said Monzo’s chief executive TS Anil....
...In his first interview since taking charge of the British digital bank in May, TS Anil said “navigating through Covid is painful and difficult”, but insisted the group had successfully laid the “foundations...
...“This round comes off the back of a fantastic year for Monzo,” said chief executive TS Anil....
...Carmakers and their supply chains have historically been clustered in the Midwest, starting with Henry Ford cranking out Model Ts in south-east Michigan....
...The name has not changed with the times, having already been printed on millions of merchandising items and marketing materials....
...Unlike his counterparts at Starling and Revolut, Monzo chief executive TS Anil does not explicitly address his rivals, but repeatedly stressed that his company had focused on “sustainable” revenue streams...
...Selfridges does not plan to discount until Boxing Day, says buying and merchandising director Sebastian Manes....
...Last month, Monzo announced that co-founder Tom Blomfield would step down as chief executive, to be replaced by former Visa executive TS Anil....
...As ever, the FT’s Nick “quick draw” Megaw did a stellar job reporting on the results in his interview with its new chief executive, TS Anil, who took the reins off co-founder Tom Blomfield this year....
...TS Anil, the bank’s current US chief executive, will take over Mr Blomfield’s role as well as his own, subject to regulatory approval, according to TechCrunch....
...Franchise owners also benefit from an equal share in Soccer United Marketing, a profitable organisation that owns rights to MLS broadcasting, sponsorship and merchandising....
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