In February 2019, the two agents—both with backgrounds in counterintelligence and currently on a squad focused on banking malfeasance—flew to California. Their meeting took place the same day that Michael Cohen, Trump’s former lawyer, testified on Capitol Hill that the president had routinely exaggerated his wealth in order to win loans from Deutsche Bank. Val, wearing a partly unbuttoned paisley shirt, arrived at the bureau’s field office in a federal building downtown. The agents met him in the tenth-floor lobby, where portraits of President Trump watched over visitors, and escorted him upstairs. … [Read more...] about How a Wall Street exec’s suicide led his son to share files on Trump’s favorite bank with the FBI
Cipla | Sell | LTP: Rs 431.70 | Target: Rs 415 | Stop loss: Rs 450 | Downside: 4%We are seeing a mixed trend in pharma space and Cipla is trading with a negative bias. It made multiple attempts to surpass the resistance zone of 200-EMA on the daily chart but in vain. … [Read more...] about Hot Stocks: ‘Use rally in PSU bank and auto stocks to create fresh shorts’
In case for any reason if Nifty closes below 11900 in the next couple of sessions then corrective swing shall get extended into the zone of 11783 – 749 levels, they say.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about Taking Stock: More than 250 stocks hit 52-week low; Nifty fails to hold 12K
Plummeting profits. Net profits for 2019 were down 53% from last year. “Parts of our business are not delivering acceptable returns,” said interim CEO Noel Quinn. Unstable markets. HSBC is deeply enmeshed in Hong Kong and China, which are rocked by protests in Hong Kong and trade tensions between the U.S. and China, as well as the Covid-19 outbreak. Brexit. While HSBC will maintain a global hub in London, the bank considers U.K. markets unstable and wants out. HSBC will now restructure, pulling back on U.S. and Europe operations to refocus on Asia and the Middle East. HSBC already makes half of its revenue in Asia, and will now operate mostly out of Hong Kong and Singapore. HSBC was originally founded in Hong Kong 155 years ago. Stateside, expect to see a third of its 229 U.S. branches close. … [Read more...] about What went wrong at HSBC?
What is it about the Swiss? Or, to be precise: what is it about the Swiss and their sans serif typefaces? Helvetica and Univers both emerged from Switzerland in the same year–1957–and went out to shape the modern world. They would sort out not just transport systems but whole cities, and no typefaces ever looked more sure of themselves or their purpose. The two fonts appeared at a time when Europe had thrown off all shackles of postwar austerity and had already made a strong contribution to midcentury modernism. You could sit in your Bertoia Diamond chair (Italy, 1952) and read about a forthcoming concept called Ikea (Sweden, 1958), while all around you buildings began to get squarer and more functional. Helvetica and Univers were perfectly suited to this period, and their use reflected another pervasive force of the age–the coming of mass travel and modern consumerism. … [Read more...] about How Helvetica Conquered The World With Its Cool, Comforting Logic