Hints and tips:
...But as Steven Kelly of the Yale Program on Financial Stability pointed out to me, Yellen et al will need the goodwill of the big banks should some other bank or banks get into trouble....
...Its $440bn credit arm makes more business loans than some midsize banks, making it not so much an investment outfit as an alternative financial system....
...Afterwards, I’m standing in the church car park waiting for a friend to come and collect me, when a retired couple, John and Rita DePasquale, strike up a conversation....
...After growing up in the countryside in Anhui province, he struggled through a number of odd jobs in Hefei, Anhui’s capital, before becoming China’s top ranked 100km runner....
...The lower capital ratio brings into sharper focus the need for MTRO to migrate to IRB credit risk modelling within a reasonable timeframe for the business model to have longevity in independent form....
...Credit spreads, eh. Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...There’s not much precedent to support the idea that Shina et al can walk away based on a MAC clause: WPP was forced against its will to buy Tempus in 2001, Guy Hands couldn’t scrap a bid for East Surrey...
...And here’s Credit Suisse with the new numbers: The outlook points to medium term ambitions to return the business to flat to low single digit growth....
...(FT) Inside Saudi’s oil ministry shake-up Khalid al-Falih appeared untouchable a year ago, presiding over a Saudi super-ministry of energy, industry and mining....
...A Park Avenue address is a safe asset, too. Or we could go back and use the framework of Mehlum et al (2006) to ask about the quality of institutions....
...US authorities say Mr Aziz’s business manager provided a letter to his tax accountant stating $94m was a gift from Mr al-Husseiny on behalf of Aabar Investments....
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...of British cyber security start-up Darktrace, where she works closely with Autonomy founder Mike Lynch, whose Invoke Capital is the leading investor. 31....
...Greene herself steers clear of criticising Amazon but she angrily sums up the challenge from Whistl et al like this: “This is not the kind of competition that drives efficiency....
...Dubai Holding has several cash-generative assets, such as the hotel group Jumeirah and the business park operator Tecom....
...Indeed, “whilst all money is credit, not all credit is money: it is the possibility of transfer that makes the difference”....
...on investments of up to £100k for start ups, and a year-long capital gains tax on that investment, the government has made a positive step....
...Sheikh Mohammed’s Dubai International Capital fund, whose assets have shrunk sharply, briefly courted investment from Mubadala, the Abu Dhabi investment arm....
...The London Tamil Sangam, one of Britain’s longest-established Tamil community centres, is entered through a nondescript doorway in Manor Park in the east of the capital....
...As a former investment banker, Augar tells the story of the disaster in the financial markets. What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
...Capital and goods move freely: why not people?...
...to encourage the large capital investment necessary?...
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