Hints and tips:
...The IIEB was founded in Paris in 1950 by the heads of four lenders from across the continent — Crédit Industriel et Commercial, Union Bank of Switzerland, Société Générale de Belgique and Amsterdamsche Bank...
...Credit Suisse’s largest investor, US investment group Harris Associates, will not take part in the share placement, but is expected to buy more stock as part of the rights issue, according to people with...
...[al] Walkers Ready Salted flavour is if not authentic, but that’s a question for another day)....
...The Swiss bank recently extended a $9bn credit facility to Qatar’s former prime minister, Sheikh Hamad bin Jassim bin Jaber al-Thani, who was a client of UBS and Credit Suisse....
...On Friday the US Securities and Exchange Commission charged Morgan Stanley and its former equity syndicate desk head Pawan Passi with fraud in the conduct of block trading business....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...They found that the standout stocks today are at much cheaper valuations than the stars of the 90s were, and while the valuations of the Magnificent 7 et al do look a lot like the “Nifties,” they tend to...
...They followed the Pinault family of Ch Latour et al, who, in 2013, bought what is now called The Eisele Vineyard from the Araujos, and were so confident of their savoir-faire that they didn’t even impose...
...Productivity-hype bubbles are usually separated by at least 25 years and usually form at the end of a secular bull market, when aggregate profits are coming under pressure, say Garthwaite et al....
...Last month, NWBO and its Reddit fans were rebuffed by a Manhattan court, which granted Citadel et al’s motion to dismiss the case. But there was a sting in the tail....
...More seriously, Goetzman et al argue that art price changes are largely a function of wealth concentration....
...The riskiest, most beat-up members of the group (KeyCorp, Comerica, Zions, Western Alliance et al) rose the most....
...However, Weinstein et al say they are excited to a large extent because those aforementioned risks are now materialising. As private credit investors, this is the environment we’ve been waiting for....
...If you owned rate-sensitive, high-risk stocks yesterday you have Unhedged’s permission to sell and take the rest of the year off (Carvana, Zillow, SoFi, et al rose 10 per cent or more)....
...The context for that was the turmoil around Silicon Valley Bank, et al....
...The Glazers entrusted Raine Group with United’s future after the US investment bank led the sale in May 2022 of Chelsea FC, achieving a price of £2.5bn in an accelerated process due to the sanctions imposed...
...But as Goldman’s Praveen Korapaty et al point out, the US government bond market has been pretty choppy for a while now....
...As Isabella Weber et al have written, energy is along with food one of the most “systemic” components of inflation....
...al)....
...Today’s top stories The US Federal Reserve announces its decision on interest rates at 2pm ET/7pm London today. Check back here for details and reaction....
...Still . . . the fine print sounds a bit ominous if you ask us....
...Given how volatile the data was during Covid-19, Williams et al suspended their estimates until May....
...Virtual bank run On Friday morning, fears were growing that Silicon Valley Bank, a bastion of the US start-up scene for four decades, faced collapse....
...That the Fed’s rate increases precipitated a banking crisis before they got inflation down to even vaguely near their target looks like a good example of what Akinci et al were arguing last year....
...The maker of Johnnie Walker and Tanqueray reported a jump in annual sales earlier this month with consumers happy to pay for premium spirits....
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