Hints and tips:
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...Greek rival Eurobank last year completed the sale of its €7.5bn Cairo portfolio of soured loans, which halved its NPL exposure....
...Bridgewater Associates and Renaissance Technologies, both considered among the best hedge funds in the world, suffered steep losses....
...Associates from the time remember him as a fun boss who led a tight-knit group of employees....
...His title was associate, one of the lowest ranks in banking, but his colleagues gave him the unofficial status of “managing associate”, one former banker recalls, after noticing that he often provided answers...
...There were even larger provisions in the second quarter than in the first three months of the year, as banks tore up forecasts for a V-shaped recovery....
...“Genuine ‘levelling up’ requires money, a strategy and time — there appear to be acute post-Brexit shortages in all of these,” said Ross Walker, economist at NatWest Markets....
...Bankers’ early optimism that the pandemic would manifest as a sharp economic shock followed by an equally rapid recovery — the ubiquitous “V-shaped” recession — has given way to pessimism....
...There will be no fast, perfect, V-shaped recovery for economies given the substantial areas that remain damaged....
...Ethan Ilzetzki, associate professor at the LSE: The UK economy will begin its recovery in 2021 but will not return to its pre-pandemic level of GDP until 2022....
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...More importantly, this is likely one of the few areas in the portfolio with any investment market liquidity currently....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...However, the England v France game was cancelled due to Typhoon Hagibis, the most powerful storm to hit the country in decades....
...A danger of releasing some of the pressure that has held down borrowing costs is that tighter monetary policy chokes off economic recovery....
...The brother traded on the information and also tipped off Salman, who with an associate earned roughly $1.7m in profits....
...Exports should benefit from sterling’s competitiveness and the recovery in world trade....
...Rupert Harrison, portfolio manager, BlackRock and former chief of staff to George Osborne I really hope so but I’m not holding my breath....
...The brother traded on the intelligence and tipped Salman, who with an associate reaped roughly $1.7m in profits....
...Rupert Harrison, portfolio manager, BlackRock and former chief of staff to George Osborne Yes it will be an easier year....
...Ross Walker, head of UK & European economics, NatWest Markets We forecast [average weekly earnings] growth to edge up to 2.9 per cent in 2018....
...‘look through’ at least a moderate degree of inflation,” said Monique Ebell, associate research director at the National Institute of Economic and Social Research....
...Ross Walker, head of UK and European economics, NatWest Markets Unclassified....
...David Walker, a director at Cerulli Associates, the research company, said: “The degree of underperformance versus equity markets this year may disappoint some clients, who can put their money to work in...
...The US government has since taken control of more than $480m that he and his associates had placed in bank accounts in Jersey, France and the UK....
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