Hints and tips:
...Or if you’ve just got a lot of leveraged repo or interest rate swaps without huge amounts of excess collateral and your collateral value drops at the time that your P&L starts to stink and variation margin...
...On Friday, digital news organisation Axios reported that a top advisor to US President Donald Trump, Gary Cohn, has nixed the possibility that a border-adjustment tax — which would levy a tax on imports,...
...L Brands also gave up ground after Goldman Sachs cut its rating on the retailer and removed it from its list of best stock picks....
...Losing the L'Oréal account comes at a tricky time for Publicis, which last week unveiled a management reorganisation to prepare for chief executive Maurice Lévy’s eventual retirement....
...The French group last week unveiled a management reorganisation to prepare for Maurice Lévy’s eventual retirement as chief executive....
...The attributable loss was £446m, a £1.6bn year-on-year decline, compared with a £1.6bn operating profit before nasties higher up the P&L. The bank is set for a £2.8bn 2015 loss....
...(Financial Times) “Thousands more victims of Bernard L....
...(Financial Times) L&G ex-trader jailed for insider dealing: “A former equities sales trader at the investment arm of Legal & General has been jailed for two years in the first sentence to come out of the...
...“If you think of my last five or six predecessors, five of them left because they went to the government, [John L.] Weinberg never left and Gus Levy died at his desk....
...L. 11.50 Welcome to the Usain Bolt economy....
...“So I thought I would put together a portfolio of S&P 500 stocks, with 85 per cent exposure, then used OEX [the S&P 100 index] positions as a hedge.”...
...Put these figures into a mini “Costs P&L”, which has as its bottom line a “total performance drag” percentage figure – and publish this in all fund fact sheets, prospectuses and key features documents ....
...The current rate is about 250 Linden dollars (L$) to the US dollar....
...Other financials fared better, including Legal & General, up 1.8 per cent to 116¼p after UBS said concerns about increased competition in the UK were overdone, adding that L&G was its preferred play in the...
...It also would have meant that Publicis companies would be doing the advertising for French cosmetics group L’Oreal, as before, and P&G beauty products - Grey’s domain. ”The world has changed a great deal...
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