shills woke up, last 2 breads were comfy
https://www.bloomberg.com/news/articles/2019-03-27/gf-securities-says-one-of-its-hedge-funds-lost-139-million
Rothschild & Co. is creating a second pillar to add to its M&A advisory business in the country. The company started with a small private-banking team, Krafft said. “Now we are trying to increase the range in Germany in this area as well.”
Rothschild & Co. last year added to its German base in Frankfurt by opening a private-wealth office in Dusseldorf, staffed by a team of six people hired from Deutsche Bank AG.
The company’s assets under management in Germany have quadrupled in the past five years and, according to Krafft, are now significantly more than 3 billion euros ($3.4 billion). Worldwide, Rothschild’s wealth and asset management business managed nearly 70 billion euros at the end of June.
https://www.bloomberg.com/news/articles/2019-02-22/rothschild-targets-wealthy-clients-in-push-to-rebuild-german-arm
Rothschild & Co. is creating a second pillar to add to its M&A advisory business in the country. The company started with a small private-banking team, Krafft said. “Now we are trying to increase the range in Germany in this area as well.”
Rothschild & Co. last year added to its German base in Frankfurt by opening a private-wealth office in Dusseldorf, staffed by a team of six people hired from Deutsche Bank AG.
The company’s assets under management in Germany have quadrupled in the past five years and, according to Krafft, are now significantly more than 3 billion euros ($3.4 billion). Worldwide, Rothschild’s wealth and asset management business managed nearly 70 billion euros at the end of June.
text was different article from last month, linked wrong headline by accident >>5919655
https://www.bloomberg.com/news/articles/2019-03-27/foreign-investors-are-trapped-in-turkey-days-before-elections
Cost of borrowing currency offshore surges 40-fold to 1000%
One of the bearish forecasters was JPMorgan Chase & Co., which came under fire from Turkish authorities who accused the New York-based lender of giving "misleading" and "manipulative" advice. Beset by a recession, soaring inflation and opposition parties trying to undermine him, Erdogan warned on Sunday that bankers deemed responsible for speculating against the currency would be punished.
The threats only increased the resolve of many foreign hedge funds to exit the country. But they’ve been unable to execute the trades because Turkish banks are under pressure not to provide liquidity, four bankers with direct knowledge of the transactions said yesterday.
https://www.businesslive.co.za/bd/world/americas/2019-03-27-swedbank-dirty-money-paid-to-paul-manafort-claims-report/
The revelations suggest the laundering scandal engulfing Sweden’s oldest bank may be considerably broader in scope than previously thought. The news comes on top of reports alleging that Swedbank was used to handle more than $10bn in potentially suspicious transactions tied to the Danske Bank A/S Estonian laundering case.
But the Swedbank amounts requiring closer scrutiny — transactions by so-called non-resident high-risk customers in Estonia — were as high as €20bn ($23bn) in some years in 2010-2016. Deposed Ukrainian President Viktor Yanukovych, who’s now in hiding in Russia, is among those alleged to have used Swedbank
http://katiazev.com/police-raid-swedbanks-offices-in-stockholm/
A police raid was taking place at the offices of Swedbank, one of the country’s most major banks, the Swedish Economic Crime Authority (EBM) confirmed on Wednesday morning.
“The action is being carried out by police officers from the EBM’s financial market chamber at the request of chief prosecutor Thomas Langrot in connection to the ongoing investigation into Swedbank.”