Hints and tips:
...Wholesale areas (est. 60% of core Citi) are positioned for share gains with its ~5K multinational and ~12K corporate clients in 3 LOBs: Services (27%, mostly payments), Markets (25%), and Banking (8%)....
...While it found that around 20 per cent of the financial services industry are from ethnic minority backgrounds, the percentage diminished higher up the corporate ladder....
...We are a software as a service business. We charge banks a transactional fee. Every loan that we analyse is a transactional charge....
...In these areas companies are expected to prosper from the acceleration of digital services spurred by shutdowns, homeworking and social distancing....
...“Markets are pricing a V [shaped recovery], everyone’s coming back to work, and this is going to be fine,” Mr Falco said. “I don’t think it’s going to be that easy quite frankly.”...
...Marc Ostwald at ADM Investor Services says the latest corporate bond buying initiative from the Fed sends a worrying message “that financial markets are not functioning, and that it sees the need to bailout...
...The Trump administration did relax the minimum-service rules this week, saying it would allow some airlines to drop routes as long as they were served by another carrier....
...WPP will also reduce is planned capex from £400m to v£300m....
...EA also launched Battlefield V Firestorm, a “battle royale” mode of its popular war franchise, and online multiplayer game Anthem during the latest quarter....
...Last year was exceptional for Europe Inc in terms of growth, profitability and business expectations....
...Another reason for the concentration of corporate power is political capture. Americans invented modern antitrust policy, and love to rail against “statist” old Europe....
...Qubits v bytes: how quantum computing works Quantum computing taps into the quirky behaviour of sub-atomic particles, which bend our normal understanding of physics....
...Corporate visionaries usually require two things to help realise their commercial dreams: time and capital....
...The Japanese wealth management market, which rival Japanese banks tend to service through brokerage services, offers ample opportunity for MUFG....
...The company separated from Hewlett-Packard two years ago and then spun off its software and services divisions to focus on hardware aimed at corporate data centres....
...Smart reads David v Goliath Large consumer goods companies are starting to feel the impact of their smaller, more innovative rivals....
...Thanks to a series of court rulings since the mid-2000s, such as eBay v MercExchange in 2007, Mayo Collaborative Services v Prometheus Laboratories in 2012 and Alice Corp v CLS Bank in 2014, and the subsequent...
...Xerox’s goal — now dashed — was to bundle multiple corporate services and sell the package to big companies. The impending spin-off unwinds the ACS deal....
...That case also held that the government must prove a tipster received a “personal gain” in return for violating his obligation to keep corporate secrets....
...Mr Cooperman has also said that the US Attorney in New Jersey’s investigation of him and his firm is on hold, “pending the Supreme Court’s decision in Salman v United States”....
...Tracking stocks owe their origins to General Motors’ acquisition of the EDS IT services business from Ross Perot in 1984....
...There can only be one winner in the case of the actor Harry Shearer v Vivendi, the French media group, over royalties from the 1984 film, This is Spinal Tap....
...A round up of some of the week’s most significant corporate events and news stories. US court told PwC cut corners in Colonial audit Control+C, Control+V....
...Asset managers are preparing for the arrival of Ucits V in March, which will introduce new rules on asset managers’ pay....
...First, this v probably proves that China’s rehardening of its capital borders is working. Bad news for Macau casinos and anyone else reliant on that cashflow....
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