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...“There seems to be no motivation whatsoever to revisit Basel’s definition of AT1, but that doesn’t rule out any changes at the Swiss or even EU levels,” said Jackie Ineke, partner at Spring Investments,...
...So each [country] wants to have their own national champion, forgetting that winning the national championships doesn’t take you very far in terms of global [dominance].”...
...“The notion that large companies can’t be changed is not right. There are many levers you can pull . . . we believe that UBS can become significantly more profitable over time.”...
...“The revenues aren’t there, so this is partly a response to overexpansion. But there is also a simpler explanation: political cost-cutting,” said Thacker....
...The firm has made a series of investments in recent years in the telecoms and technology sectors, including the acquisition of T-Mobile’s Netherlands business, in a deal valuing the company at €5.1bn....
...When HSBC chief executive Noel Quinn was asked on Wednesday whether such “spirits” should be released, he said: “I don’t think [they] should.”...
...Owen Walker I don’t think anyone should be expecting HSBC to change their strategy for China, and I don’t think any incoming CEO will have a vastly different approach to the bank’s global operations than...
...Here to talk to me about that is the FT’s Owen Walker. Hey, Owen. Owen WalkerHey. How’s it going? Sonja HutsonIt’s going well. Thanks....
...Surely this couldn’t be our Neil? There might be problems if so....
...He added: “If that rule doesn’t exist, I don’t have to think about that.”...
...Argument 3: OK well they don’t *taste* like a potato product Ontological arguments about potatohood dismissed, Walkers’ lawyers tried another approach: Walkers contended that the gram flour content should...
...Saffeya AhmedOwen Walker is the FT’s European banking correspondent. Thanks, Owen. Owen WalkerGreat. Thanks very much....
...Sam Johar, chair of board advisory group Buchanan Harvey, said: “Mark Tucker can’t stay beyond 2026, so the board had to work out who was going first: Tucker or Quinn....
...“You can see quite a meaningful churn of clients if they’re saying, ‘let us sell you more things or we can’t bank you any more’.”...
...“I am sure the banking industry doesn’t agree with all the proposals but we have to make this financial industry as safe as possible,” said Swiss finance minister Karin Keller-Sutter, when announcing the...
...Bazawule doesn’t just give the film wallop; you can feel his care for the material....
...If she hadn’t done that, these pictures wouldn’t exist. That was what became important about the project as it emerged: it told stories that hadn’t been told in the press at the time....
...Morgan Stanley’s recently departed CEO James Gorman said last year that employees “don’t get to choose their compensation, they don’t get to choose their promotion, they don’t get to choose to stay home...
...If I’m on TV, I ask for all the make-up they’ve got, but on a day-to-day basis, I can’t be bothered. What drives you on?...
...“I wasn’t surprised the new digitalised world would transfer into faster outflows,” he said. “I was surprised that was not recognised ex-ante by regulators.”...
...Influenced by the expressionist drama of Scott Walker in his latter years, she sings with stentorian emphasis and gothic shadings....
...Fowler’s co-walkers of colour repeatedly report that, growing up, their affection for rural life went unreciprocated....
...Initially, these “overseas funds” won’t be in scope of the labelling and naming regime, even if being sold to UK consumers....
...“The easy losses are getting rid of headcount, the sticky ones are allocated in control functions, data, IT,” Kelleher added. “2024 is the first year we don’t have the cover of the ‘easy’ costs.”...
...“Republicans can’t run away from this issue fast enough,” said Mike Noble, founder of the Phoenix-based non-partisan pollster Noble Predictive Insights....
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