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...Despite the assurances, the seven banks that lent money to the billionaire for his buyout — Morgan Stanley, Bank of America, Barclays, MUFG, BNP Paribas, Mizuho and Société Générale — are facing serious...
...ICBC FS operates independently from ICBC in China, it added, and neither the head office nor the New York branch of ICBC itself were affected....
...Usage of outdated or biased data banks for training LLMs can deepen the potential for misinformation....
...These decisions included cutting down on Covid misinformation, suppressing the New York Post’s 2020 exposé on Hunter Biden’s laptop, and eventually banning Trump in the wake of the January 6 2021 riots at...
...When the New York arm of China’s largest bank was hit by a ransomware attack in November, disrupting the $25tn US Treasury bond market, it proposed sending a runner across Manhattan to US bank BNY Mellon...
...A recent report by the New York Times found Telegram was home to discussions among professed paedophiles trading information....
...Meta is trying to convince Wall Street that years of unproven bets on the metaverse and costly new investments in artificial intelligence will deliver results....
...Here’s what the Southern District of New York said helped mitigate its penalty: (i) MORGAN STANLEY has provided extraordinary cooperation with this Office’s investigation; (ii) the investigation has not...
...A ransomware attack on the Industrial and Commercial Bank of China has disrupted the US Treasury market, according to market participants....
...“I don’t think most of America believes I did it,” Simpson told The New York Times in 1995. “I’ve gotten thousands of letters and telegrams from people supporting me.”...
...Last week John Williams, president of the New York Fed, said the current state of the US economy means he does not “feel urgency to cut interest rates”....
...On Friday, New York attorney-general Letitia James sent letters to Google, Meta, X, TikTok, Reddit and video platform Rumble asking what steps they had taken to “stop the spread of hateful content encouraging...
...In a rollercoaster interview with Andrew Ross Sorkin at The New York Times Dealbook Summit on Wednesday, Musk said that a recent exodus of big brands — which included IBM, Apple, Walt Disney, Comcast and...
...“I like that there’s no sense of fantasy in these magazines,” says aficionado Josh Peskowitz, a New York-based former editor and brand consultant....
...The report came hot on the heels of another spoofing decision in the same New York courthouse, in a civil case brought by Bermudian hedge fund Harrington against Bank of America Merrill Lynch, CIBC and TD...
...In a separate hearing, concerning the Trump Organization civil fraud case, the New York attorney-general’s office is expected to argue that the $175mn bond the company secured to avoid paying millions to...
...Its early ejection from the tournament, which it has won three times, means the club, which is listed on the New York stock exchange, will earn less from broadcast rights....
...Had the banks agreed to the terms, they would have incurred aggregate losses far in excess of $1bn, an amount the banks have been unwilling to stomach....
...They followed the Pinault family of Ch Latour et al, who, in 2013, bought what is now called The Eisele Vineyard from the Araujos, and were so confident of their savoir-faire that they didn’t even impose...
...Productivity-hype bubbles are usually separated by at least 25 years and usually form at the end of a secular bull market, when aggregate profits are coming under pressure, say Garthwaite et al....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...His comments came as Blackstone posted mixed fourth-quarter earnings that reflect the fragile state of financial markets, particularly in leveraged private investments where the New York-based group is a...
...A first tranche of documents released by a New York court yesterday provided a fresh glimpse into the lurid world of the late sex offender Jeffrey Epstein and his dealings with a cast of powerful men, from...
...Her politically charged artworks, which use mediums including film, glass and plaster, have been exhibited the world over, from New York to Jeddah....
...Goldman Sachs’ global treasurer Philip Berlinski is leaving the Wall Street bank after 24 years for New York-based hedge fund Millennium Management, according to two people familiar with the matter....
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