Tag Archives: RBS

Financial Daily Dose 5.21.2019 | Top Story: FCC Approves T-Mobile/Sprint Merger

BY: Michael D. Reif | May 21, 2019

FCC Chair Ajit Pai gave his agency’s stamp of approval to the pending $26 billion T-Mobile/Sprint merger on Monday, helping move the deal towards completion based on pledges from the companies to develop “a robust 5G network and sell off Boost Mobile, a Sprint-owned service produce that sells prepaid services” – NYTimes and WSJ and … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | August 15, 2018

The rise of tariffs as a trade weapon has put the WTO in a very difficult position as “chief judge in an intense fight among its most powerful members” – NYTimes China’s found itself in a tariff-related bind, too – NYTimes Which, in turn, means a threat that “could define a generation of American life” … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 11, 2018

Anbang Insurance founder Wu Xiahoui’s fall from grace now includes an 18-year prison sentence for his conviction by a Shanghai court for using Anbang to “cheat investors out of more than $10 billion” – NYTimes and WSJ The Times considers how the sentence is part of China’s larger strategy for tackling the mountain of debt … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 10, 2018

Meet ZTE (well, meet them again.  We’ve discussed them before), the massive Chinese electronics maker banned last month by the White House from using US-made components that could well be the “first casualty of the high-tech cold war between the United States and China” – NYTimes and WSJ and CNN Argentina and the IMF have … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | March 7, 2018

The US government’s determination that Broadcom’s hostile takeover bid of Qualcomm “could pose a national security risk” is complicating an already high-stakes (and unwelcomed) overture by Broadcom. The Committee on Foreign Investment in the United States (or Cfius) is at the heart of this recent development – NYTimes Here’s a deeper diver into the little-known … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | February 21, 2018

Walmart’s shares took a hit yesterday on Q4 results that showed slowing online sales and below-expected earnings despite a rise in revenue – NYTimes and WSJ and Bloomberg Federal Judge Richard Leon dealt a blow on Tuesday to AT&T’s attempt to argue that the government challenged its merger with Time Warner for political reasons by … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 27, 2017

Deutsche Borse CEO Carsten Kengeter announced yesterday that he’ll step down in the wake of insider-trading allegations related to the exchange’s now-defunct merger with the London Stock Exchange Group – NYTimes CVS Health has made a bid to buy health insurer Aetna Inc. in a deal that would value Aetna at nearly $66 billion. The … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | July 14, 2017

Vanguard CEO William McNabb announced plans yesterday to step down, a big announcement for the mutual fund giant that finds itself “in the middle of one of the biggest growth spurts ever experienced by a large asset management firm” – NYTimes and WSJ and Bloomberg Dealbook suggests that in bending over backwards to accommodate the … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | February 6, 2017

Lots more detail on Friday’s news that the new administration is targeting both Dodd-Frank and the DOL’s fiduciary rule – NYTimes and WSJ and Bloomberg and Law360 Regardless of the DOL rule’s fate, the meteoric rise of exchange-traded funds (ETFs) appears set to continue unabated – WSJ Deutsche Bank’s bringing its apology game to print … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 26, 2017

Dow20k is real.  Soooooo . . . .  What next? – NYTimes and Bloomberg The recent US rejection of the TPP will have wide-reaching effects in Asia. Among them is the strong likelihood of 80s-style trade warring between Japan and the US – NYTimes Boeing’s much-anticipated (and delayed) Dreamliner is finally turning a profit, and … Continue reading