Hints and tips:
...Red-state treasurers blacklisted big financial groups including BlackRock, Goldman Sachs, State Street and Wells Fargo....
...They have struggled to compete with big Main Street lenders such as JPMorgan Chase, Bank of America and Wells Fargo. Over the past two years, BBVA of Spain sold its US retail business to PNC....
...Capital One, Citigroup, Wells Fargo, Synchrony Financial and Santander You’ve built out a system to manage fraud risk, do you want to do credit risk as well?...
...Saudi Aramco has hired Wells Fargo banker Robert Fernandez to manage its relationship with banks after the oil company completed the world’s biggest share sale....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...They argue that it makes little sense to ban a non-strategic company such as Rusal while leaving Sberbank, VTB and Gazprom et al still tradeable in the US....
...A version of this article was first published by the Nikkei Asian Review on July 4 2018. ©2018 Nikkei Inc. All rights reserved....
...“I have been early twice in financing the low-carbon energy transition,” says Bruce Huber, co-founder of the Alexa Capital advisory group. “But we feel it’s third time lucky.”...
...Henny Sender in Hong Kong reports WME-IMG is teaming up with venture firm Sequoia Capital China and internet group Tencent to expand the US sports and entertainment conglomerate’s Chinese business....
...In a week when JPMorgan Chase, Wells Fargo and Bank of America narrowly beat or missed analysts’ estimates for net income, Citi was well clear of the consensus forecast of $4.4bn....
...But Japan’s second-biggest banking group by assets intends to be much steadier, according to Andrew Dewing, Mizuho’s head of US corporate finance....
...It raised $20m in its latest round of funding, where investors included Wells Fargo & Co and Mexican businessman Carlos Slim. 21....
...That was also well below a 612.7 billion yen surplus in February.”...
...(Financial Times) Iraq’s prime minister Nouri al-Maliki struggled to maintain his grip on power with a Sunni insurgency swirling around the capital and political rivals inside Baghdad’s fortified Green...
...Wawro, a University of North Texas professor, offers a remarkably fresh and unsentimental analysis of an empire on its last legs....
...Or does it reflect wider problems in the Middle East, where Turkey’s exports may be hampered by the chaos in Syria and elsewhere, as well as difficult relations with two groups of countries....
...Abe et al are keen on ending deflation — but they are going to hinder that push with a fiscal tightening. No tension there, then....
...(Wall Street Journal) Wells chief warns Fed over debt proposal: Wells Fargo’s chief executive has warned the Federal Reserve against forcing banks to hold more long-term debt, a measure that central bank...
...David Einhorn of Greenlight Capital has spent this year fighting Apple over its cash pile. Bill Ackman of Pershing Square wants to shake up Procter & Gamble, the US consumer goods group....
...Over the past decade, the emirate has built a bustling media city, home to such groups as Reuters and Al-Arabiya, a large healthcare zone and a financial hub to rival London’s Canary Wharf....
...(Financial Times) US prosecutors are suing Wells Fargo, accusing it of lying about the quality of mortgages it issued with Federal Housing Authority insurance....
...Prague, Capital of the Twentieth Century: A Surrealist History, by Derek Sayer, Princeton, RRP£24.95/$35 In this thoughtful, witty and well-illustrated book, Sayer restores Czech avant-garde art between...
...Dodd Frank rule-making to date: April 2012 was a pretty big month in Dodd-Frank Act rulemaking; the SEC and CFTC agreed how to define “swap dealer”, “major swap participant”, et al. under Title VII of the...
...Moira O’Neill is personal finance editor of Investors Chronicle. Read the full interview in this week's issue on sale now...
...The deal with Sumitomo Mitsui Financial Group, was struck late on Monday after months of talks with a number of interested buyers, including China Development Bank, the state-owned lender and Wells Fargo...
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