Hints and tips:
...Jérôme Legras, managing partner at Axiom Alternative Investments, which owns shares in Italian banks including UniCredit and Intesa Sanpaolo, said: “Policymakers didn’t handle it very well....
...“The numbers are still incredibly messy,” said Jérôme Legras, a managing partner and head of research at Axiom Alternative Investments. “For now it’s too hard to read through all the moving parts.”...
...“The market is likely to be shocked by such a blatant inversion of the hierarchy of creditors and by the decision to sweeten an equity deal at the expense of bondholders,” said Jérôme Legras, head of research...
...“Capital returns are key, the problem is that they are not decided by loan-loss models or executives, but the view of the supervisor,” said Jérôme Legras, head of research at investment company Axiom....
...But a US listing could help narrow the valuation gap between rivals such as Philip Morris International and Altria as it tries to accelerate new products, Lex notes....
...Writing in Apollo magazine, commentator Jane Morris says that experts periodically predict the “long, slow demise of the category”....
...At the moment, Social Finance’s chief executive Tracy Palandjian told me, the cash in DAFs is commonly invested in money market funds or index trackers....
...That, says Morris at Skagen, is much more of a “normal cycle” than we have seen for at least the past decade and a half....
...The situation is like Covid; it is completely new, we have never been through this since the 1970s,” said Jérôme Legras, head of research at investment company Axiom....
...“The main rationale is that [Natixis] is super-cheap . . . it makes sense for BPCE to investigate the option,” said Jérôme Legras, head of research at Axiom Alternative Investments....
...It has also sparked concern from bankers over how an entire sector could become so reliant on one large conviction buyer, as the FT’s Stephen Morris was told at Davos this week....
...Job moves Canadian National Railway has named Tracy Robinson as its new chief executive, thus preventing a proxy battle with activist investor TCI Fund Management....
...“I think that the strong banks that are able to do it, will do it,” said Jérôme Legras, head of research at Axiom Alternative Investments. “They will be keen to show that they are indeed strong.”...
...Jérôme Legras, head of research at Axiom Alternative Investments, said the ECB had done a “good job” with its relief and stimulus package last week, but “it’s only halfway there”....
...Additional reporting by Stephen Morris in London...
...“Banks have started to lobby for substantial changes to Basel IV, that is where they will fight,” said Jérôme Legras, head of research at Axiom Alternative Investments....
...First came the infamous rogue trading scandal that led to Mr Oudéa’s appointment, when Jérôme Kerviel lost the lender €4.9bn on bad bets on stock index futures....
...The musical is set in working-class 1960s Baltimore and opens in the protagonist Tracy Turnblad’s bedroom....
...Sarah Jane Morris is one of the most reliable interpreters in popular song....
...Jérôme Dreyfuss’s new Azure Bobi bag (£520), in a bright, fishing boat-blue, has plenty of pockets and a good strap....
...19th Génération and Edmond 2014 Sancerre (Laithwaite’s) • Vincent Pinard, Cuvée Nuance 2015 Sancerre (Justerini & Brooks) Chenin Blanc • Domaine des Forges 2015 Coteaux du Layon St Aubin 2015 (Fields Morris...
...She will then be debated by George Mason University’s Tyler Cowen, blogger and commenter Frances Coppola and the Jerome Levy Forecasting Centre’s Srinivas Thiruvadanthai....
...investors including Mary Meeker, the famed technology analyst who works for venture capital investor Kleiner, Perkins, Caulfield and Byers, John Mack, the former Morgan Stanley chief executive, and Hans Morris...
...Orchard has also attracted money from Mr Mack, as well as Hans Morris, the long-time Citi banker and former president of Visa who also sits on Lending Club’s board....
...Jerome Abelman, BAT corporate and regulatory affairs director, said: “This legislation is a case of the UK government taking property from a UK business without paying for it....
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