Hints and tips:
...The US markets take a break on Monday for Martin Luther King Day, but then we’re back into the thick of earnings season with the tail-end of the big US bank reports and a clutch of results from non-financial...
...In 2014 Mandelson agreed to be a “founding citizen” of the TerraMar Project, a non-profit ocean conservation group founded by Ghislaine Maxwell that had financial support from Epstein....
...We get a lot of people looking for child trust funds and for bank accounts, although less looking for pensions....
...I made it very believable, you know, put out, essentially just retweeted NatWest and RBS stuff, just very bland, dry stuff that you can expect from a CEO of a bank....
...This applied especially to RBS, where he said institutional shareholders had encouraged the bank’s excessive risk taking....
...“This is a hollow victory,” said Denise Namburete, the executive director of N’weti, a Mozambican NGO....
...“We would expect a meaningful portion of that [forbearance] hopefully not to be needed any more,” said Brendan Coughlin, head of consumer lending at former RBS subsidiary Citizens Bank, where 7 per cent...
...(FT) US alleges China-based hacking plot The US Department of Justice announced charges against five Chinese citizens in what prosecutors called a wide-ranging hacking conspiracy targeting more than 100...
...With few lending opportunities in their local areas, the regional banks in particular have put money into investment trusts, giving them exposure to a range of market risks....
...College of Fashion, V&A East and a UK outpost for the US’s Smithsonian Institution....
...Amid tougher regulation, a whopping fine from the US Department of Justice and the increasing dominance of US competitors, the bank’s share price, which McFarlane had said in a well-flagged 2015 declaration...
...“I pride myself on being a global man — a citizen of the world,” he said....
...Should governments start sending cash to citizens? The cheques that will be sent to US households are already a form of helicopter money....
...[I]f the GFC is a comparable episode – which it may well not be – the banks look to us to be well defended against a need to raise and able to absorb multiples-higher impairments than seen then in most cases...
...Why should we give you our money while many of your politicians, journalists and citizens constantly insult us? 2....
...That faith and trust was smashed in the late 2000s, when the Bank of Scotland (then the merged Halifax Bank of Scotland, or HBOS) was taken over by Lloyds and Royal Bank of Scotland, near collapse, was bailed...
...For the potential impact on UK banks from a BOE reduction in rates see here. This work suggests that RBS would be most impacted by a rate cut and CBG/OSB/PAG least impacted. (Enlarge) And Goldman....
...(The index “is comprised of a wide range of different market indicators - cyclically sensitive equities, real estate investment trusts, bank CDS, FX implied volatility and interest rate option volatility...
...This is a further illustration of how US sanctions have become both a tool, and a counter-tool, in the Venezuela debt restructuring....
...But the UN in New York has not yet a-woke-n. Hugging the flanks of its Midtown monolith are large green “designated smoking area” signs....
...The short end rate cut will have a direct negative impact on UK Banks’ NII, we highlight that based on disclosed sensitivities this would imply a reduction of c8% of 2021e Adj PBT for RBS, 4% for Lloyds,...
...When prime minister Benjamin Netanyahu recently announced his intention to annex one-third of the occupied West Bank, he faced strong criticism, not least from liberal Jewish organisations in the US and...
...Within a year, redress for payment protection insurance will end. To underline this vision, the bank is paying 3.21p a share in dividends and spending £1.75bn on buybacks over the year....
...Both are sanctioned by the US and banned from doing business with American citizens — they’re essentially global business pariahs....
...Alexander McQueen also has a soft ruffled knit dress with tiered skirt and a V-shaped neckline (£4,195, alexandermcqueen.com). Want an edgier look?...
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