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...Ermotti said the only reason UBS was allowed to take over its rival was because Credit Suisse was failing after years of loss making....
...By contrast, CDFIs and credit unions managed more than $150bn in the US in 2019, according to a report by social impact investor Big Society Capital, which is also backing the fund....
...with Workers United since 2021 in a campaign credited with reviving the US labour movement....
...The Strategic Organizing Center, a coalition of labour groups that had nominated three people for Starbucks’ board, on Tuesday said the company and the Workers United union had agreed to work together to...
...(Particularly striking was the claim by professional services firm EY that it had become “carbon negative” using avoidance-linked offsets.)...
...What is new, at least within the past 40 years or so, is labour’s increasing diversity, the way in which union leaders are working together across manufacturing and service sectors, and the movement’s ability...
...Big bancassurers such as France’s Crédit Agricole and KBC of Belgium could capitalise on rule changes....
...But the merger is opposed by the United Steelworkers labour union....
...The number of nurse student applicants fell 7.4 per cent in January compared with the previous year, according to data from the Universities and Colleges Admissions Service, leaving the government far behind...
...But a union can bring people together to fight that fight together. A union gives people agency. Our union is now a union of educators, healthcare workers and public services....
...While 10.1 per cent of US workers are members of a labour union, just 1.3 per cent of finance workers are. The share is less than any other industry aside from food service and technical services....
...Bank of England deputy governor Sarah Breeden has called for more research into non-bank lenders to stave off a “credit crunch” that could be triggered by a retreat of hedge funds, pension funds, insurers...
...South Korea, Switzerland, Singapore and the COP28 host, the United Arab Emirates, are among the countries to have struck agreements to buy future credits, while forestry projects in the US are expected to...
...UPS announced it would cut 12,000 jobs in an effort to save $1bn just months after agreeing a costly pay deal with its Teamsters union and as weak demand for its delivery services underpinned a soft annual...
...Both union and corporate leaders credit the system with a low level of strikes and believe it is crucial for the success of Sweden, a country of 10mn people and home to manufacturers such as Volvo Cars,...
...Larger, healthy banks can extend more credit, which supports companies and overall economic growth....
...This also helps ensure academic research is transferred to society in the form of commercially viable products and services....
...In November a coalition of unions that own company shares, including the Service Employees International Union, nominated three people to serve as corporate directors....
...Momentum had already been building when the UAW went on strike, he says, with organising in new industries and the Teamsters union winning a lucrative new contract for United Parcel Service workers in July...
...Finance ministers are rarely ecstatic when their credit rating is being slashed....
...The tax credits are both complex and yet shrinking, while tariffs need fine calibration....
...Capital for the loans would come from overseas credit funds and local banks, Arora said....
...The building blocks of his enterprise were twofold: the single European market for capital, labour, goods and services; and economic and monetary union....
...The United Steelworkers union — which like US Steel is based in Pittsburgh, Pennsylvania — has opposed the takeover....
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