Hints and tips:
...Letter in response to this article: One ‘unknown unknown’ banks should know about / From Trevor Wood, Partner, Vedder Price, London EC2, UK...
...Elliott is also a lender to Merlyn Partners, which controls the French team. AC Milan and Lille competed in the Champions League in the 2021/22 season....
...China has a national network of more than 4,000 banks, but fears over their health have mounted since relatively unknown Baoshang Bank was forced into a state takeover in 2021....
...Far from being one of the “unknown unknowns” that Buch, as the eurozone’s new chief banking supervisor, wants banks to prepare for, increasing interest rates are a natural consequence of quantitative easing...
...One unknown is how far back compensation should go. The FOS jurisdiction over investigations like this only extends from 2007, which would mean a maximum period of 2007-2020....
...Her whereabouts are unknown. During a raid on Qian and Wen’s mansion in Hampstead in 2018, London’s Metropolitan Police seized devices containing 61,000 bitcoin, currently worth more than £3bn....
...It would not be pushed around “by two unknown guys”, said one person close to the firm....
...Management and separate administrators at the two companies are rushing to monetise assets to pay off their own lenders. Stapf’s decision is likely to greatly complicate their efforts....
...The total debts owed by the Signa Group are unknown but estimated by analysts to be in excess of €15bn....
...The focus has shifted to lenders. Julius Baer appears to be one of them. A trading update included large provisions and a hit to profits on Monday....
...There is also the new unknown of the growth of online banking, which has made it easier for depositors to transfer their money instantly as was the case in the US bank failures....
...Less than a year after Credit Suisse finally succumbed following a decade of crises, Switzerland has a new scandal-hit lender....
...A €200mn bond, held by an unknown investor, and issued by Signa Prime, is due to be repaid on Thursday....
...His Three Arrows co-founder, Kyle Davies, has also been committed to four months in prison “but his whereabouts remain unknown at this point in time”, Teneo said....
...Several lenders have upset employees by demanding they return to the office more days a week....
...Ministers also provided more than 1.5mn small businesses with over £47bn in “bounce back” loans through the British Business Bank, a state-backed lender....
...Sheikh Jassim, the son of one of Qatar’s richest men, had promised a “debt free” purchase of 100 per cent of the club through his previously unknown Nine Two Foundation, as well as to invest in both the...
...In response, lenders — led by challenger banks — have pushed up the interest rates they offer savers....
...The ECB has told some lenders to monitor their social media sentiment for any signs of deterioration....
...For as long as that remains true, any investor or lender trying to plug an estimate of a brand’s worth into their financial models will be flying blind....
...“With many unknowns and potential risks to work through, we believe investors are better served sitting on the sidelines until visibility improves.”...
...The exact make-up of the bond portfolios is unknown, but MBS analysts think the bulk of the holdings are securities that were bought by the lenders before interest rates and bond yields rose....
...Earlier this month JPMorgan sued former executive Jes Staley, after a deposition of the alleged Epstein victim revealed what the bank’s lawyers said were previously unknown allegations against Epstein....
...(Only China’s big four lenders outweigh it in assets.)...
...The person said the future of Mooky Greidinger, Cineworld’s chief executive, who built the company from a family cinema business in Israel, was still unknown....
International Edition