Financial Times

Question 1

Next

Answer 1

pre tax profit, 790.2m pound down from 3.8% shares are up 8.1% closed at 41.99

Question 2

Eton Park

Answer 2

The fund managed 7bn USD asset the value of the fund drop 9% The fund is found in 2006 More than 1000 hedge funds are closed last year Investors pull 110bn out of 3tn to the long term fund hedge fund receive 7.9bn in Feb The eton park return 6% in 2015,2014,22% in 2013, and 13% in 2012

Question 3

VW

Answer 3

The 8bn Euro dominate bond attract 24bn bid The spread is 15 basis point higher VW is the largest seller of ABS, with annual pace 4bn in 2015 2016 The 10 year coupon for the VW bond is 1.9%

Question 4

Eddie Stobart

Answer 4

Found in 1970, revenue 549m pound, up from 468m last year plan to raised 130m, market cap estimate 550m 3 years ago was sell 51% at price 239.7m

Question 5

RBS

Answer 5

RBS is closing more than 100 branches, in total more than 1000 branches It is cutting 774 jobs, 300 will be redeployed 72% of the bank is owned by government, with annual loss 7bn the bank aims to make 750m cost saving this year, with total 2bn in 2020 Transaction drop 43% since 2010, mobile transaction up 400%. the bank has 4.2m mobile user, up over 2m since 2014

Question 6

Credit suisse

Answer 6

Chairman pay raised 23% to 4m SFr

CEO pay 11.9m last year

CEO of UBS pay 13.7m last year

Credit suisse net loss last year 2.7bn, paid charge in 4th quarter 2bn, shares are up 5% since last year

bonus pool raised 6%, from 2.92bn to 3.09bn

Question 7

Sea world park

Answer 7

Blackstone sell 21% share at 23 USD per share, 33% up from 17.31 closing price

SeaWorld now have 11 boards member, 12 theme park, the share is up 7.5%

Question 8

M&A

Answer 8

M&A activity in europe 4th quarter rosed to 215.3bn, up 16% from the same period.

for us, it is 86.9bn, while deals among us groups only capture 3%

in global, the volume is 726.5bn, up 7% compare with previous period.

Question 9

HM

Answer 9

1st quarter revenue rise 4% in local currency, lower than the expectation of 10-15%.

operating profit fell 3% to 3.16bn

shares fell 4% to 227.7 SFr per share

Question 10

wechat

Answer 10

it broughts 95% global brands to the online platform in china, two years ago it was 50%, last year it was 75%

it brought 60 italian local brands to the online platform in china without local business license