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...‘I can’t tolerate Navalny being free....
...for Scientific and Technological Intelligence, commonly known as “Directorate T”....
...“It’s not that they didn’t think there was a threat, or weren’t looking for it, it’s that perhaps they just didn’t have the same political priority,” said Mark Galeotti, a military expert and honorary professor...
...“You can’t pretend that these compliance issues don’t exist. The G20 has not really given that risk the level of attention that it needs,” she said....
...The last big merger between two banks occurred almost five years ago, when regional lender BB&T bought SunTrust for about $28bn in a $66bn deal, forming Truist....
...The ESRB is the eurozone’s financial stability watchdog, while the FSB oversees global financial stability....
...He added that individual banks “didn’t know the exposures others had, so there was no consolidated oversight. That is clearly one thing that will be on the table.”...
...Formed in 2019 by a tie-up between BB&T and SunTrust, Truist lost nearly $5bn in the quarter, down from a profit of $1.6bn in the same quarter the year before....
...That’s a soothing and convenient line, but it isn’t very helpful. Readers now interpret “not systemic” to mean “won’t cause a repeat of the global financial crisis”....
...But you’d still have to contend with US anti-fraud rules, fresh financial information, etc....
...“There have been good reports from the FSB on money market funds for example,” says one financial stability expert who is active in the international debate....
...The FSB is concerned about more than Treasuries. But it is clearly on its mind....
...Police pressed them to leave the area after doing so, said Olga, 31, a financial analyst who attended the Moscow memorial close to the headquarters of the FSB intelligence agency....
...“The terrorists were fleeing towards Ukraine, so it seems to have been Ukraine,” Anna, a 41-year-old insurance broker, told the Financial Times....
...“Some can reach into them, others can’t.”...
...AI’s biases form around a consensus, and in financial markets the middle ground is a relatively safe place to be....
...Capital One: The Virginia-based bank yesterday agreed to acquire Discover Financial Services in a $35bn all-stock deal....
...But that assumes no defaults; in reality high absolute yields don’t dependably translate to realised returns....
...“They can’t openly turn back on Europe without risking large protests, but so much of what we see doesn’t help their EU bid at all.”...
...Read our obituary here and don’t miss this round-up of Munger in his own words....
...There’s the Fast Lane BBS....
...One in five small businesses reported financing as a main cause of increased business costs, according to FSB data from the second quarter of 2023, which was the highest proportion to date....
...“Clearly there is work we still need to do,” Klaas Knot, chair of the FSB, told the Financial Times. “We are moving from policy development to policy implementation,” he said....
...“I don’t think that we would be talking about a decade. I mean, that would be way too long....
...Read more on the FSB’s latest warning for global policymakers....
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