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...No wonder that a board game called “Eternal Debt” once became a hit in Argentina....
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...deposit accounts which would hit banks’ profit margins....
...The Financial Reporting Council, reviewing 263 mainly FTSE350 companies as part of its latest annual review, found 25 requiring restatements of their accounts....
...Therefore, it is not just his reputation or his bank account that are at stake. This time, Trump is at risk of losing his freedom....
...Ohtani, who is from Japan and did not speak English, had no knowledge Mizuhara was accessing his bank accounts to cover gambling losses, the US attorney’s office in California said....
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...No ifs, no buts — everyone must be able to express their lawful opinions without fear of losing the vital access to a bank account.”...
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...What many don’t realise is that, legally, all money held in a joint bank account is owned by anyone named as an account holder....
...Based on the price of these options, strategists at Bank of America say markets are now pricing in a more than 10 per cent chance of such a scenario within the next six months....
...They have widened their investigation to include unexplained payments of around $300,000 into Boluarte’s bank accounts....
...The debtor explained its conduct very clearly: [The affiliate Scintilla] had no other business, operations, assets, or activities until the bank account was opened....
...He saw the panther as “an inky spectre, floating above the powder, leaving no spoor; striding through the air”. That vision yielded drawings of a spirit animal perched aloft on a column of smoke....
...Argentina has refinanced about $50.3bn worth of peso-denominated sovereign debt in a record bond swap aimed at relieving pressure on public accounts and easing the path for libertarian President Javier Milei...
...Meanwhile, people are stashing more and more of their money into investment funds rather than bank accounts....
...JPMorgan Chase, Bank of America, Wells Fargo and Citigroup collectively made $253bn in net interest income (NII) for the whole of 2023 — a 19 per cent jump from 2022’s total....
...Sceptics of the loose fiscal stance also fear it could stir inflation and impede the central bank’s ability to keep cutting interest rates....
...US banks have already started to report a squeeze on margins in their lending business as depositors switch to higher-yielding accounts, while markets are preparing for central banks to start cutting interest...
...More than half of adults do not have a bank account, according to regulator CNBV. “The penetration of financial services in Mexico is way lower than Brazil,” added the Colombian entrepreneur....
...Peru’s attorney-general Juan Villena told a congressional committee on Tuesday that the investigation had widened to include a Cartier bracelet worth $56,000, as well as deposits into Boluarte’s bank account...
...The lender said on Wednesday that it had taken no further charges related to the probe, ahead of an update by the Financial Conduct Authority in September....
...This was the year in which banks realised that they could no longer take their savers for granted....
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