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...The bank plans to launch a current account for existing customers by the end of the year before broadening the offer to new customers next year....
...The European Central Bank kept interest rates on hold at 4 per cent but signalled it was considering a cut at its next meeting in June....
...Starling Bank has poached energy supplier Ovo’s chief executive, Raman Bhatia, to lead the London-based digital lender in its next stage of growth towards a potential public listing, following the departure...
...The European Central Bank plans to leave its original headquarters in the centre of Frankfurt next year, bidding farewell to the 40-floor Eurotower skyscraper that became a symbol of the single currency’...
...Banks will have to cut their exposure to commercial real estate because of a $2tn “wall” of property debt coming due in the next three years, according to a leading US brokerage....
...Latin America’s biggest development bank plans to increase lending by about $112bn over the next decade, pushing up annual loans by almost half following an increase to its firepower and internal reforms...
...Will this mean interest rate cuts next year? Markets seem to think so, but comments from central bankers this week may temper that enthusiasm....
...Indeed, a slew of higher-than-expected inflation data prompted Lawrence Summers, former Treasury secretary, to warn that the next move might even be up — not down....
...In early 2023, the bank was also the target of a potential bid by First Abu Dhabi Bank, which has since withdrawn its interest....
...The World Bank has cut its forecast for China’s growth next year and warned that east Asia’s developing economies are set to expand at one of the lowest rates in five decades, as US protectionism and rising...
...Over the past quarter of a century the legal wage floor has lifted the pay of millions....
...Over the centuries it has welcomed some illustrious guests including Richard Wagner and Swiss writer Gottfried Keller....
...In the historic, grandiose trappings of French businessman Thierry Gillier’s new Left Bank home – a late 17th-century two-storey apartment furnished with works by significant 20th-century and contemporary...
...But we now need to see a strong and reformed WTO that can effectively respond to the distinctive challenges of the 21st century....
...Cambridge University Press banks with HSBC, as do a handful of colleges, the person said....
...— Argentina recently had a big win in court thanks to a “magic bullet” in its GDP warrants, via Friends of Alphaville Mitu Gulati and Mark Weidemaier (Clauses & Controversies) — Banks seem . . . not uniformly...
...generation. visit.caerhays.co.uk Wollerton Old Hall, Shropshire This four-acre garden set around a 16th-century hall is formed of a series of jewel-box “rooms” with immaculate topiary and exquisite planting...
...The next phase would require much more assessment, with the World Bank playing a trustee role rather than allocating the capital itself. “That’s going to be the beginning,” he said....
...Barclays chief executive CS Venkatakrishnan will next week attempt to fulfil a promise his predecessor made to shareholders eight years ago: that a future with the UK bank is a bright one....
...Such speed is vital if Royal Mail, whose roots stretch back more than five centuries, is to address its competitiveness problems....
...To be fair though, almost two centuries of textual sentiment analysis is pretty cool....
...Smaller lenders stocks also surged, with Zions Bancorp and Citizens Bank both adding 7 per cent. The Fed released forecasts on Wednesday projecting 75 basis points worth of rate cuts next year....
...Fed chair Jay Powell said this month that the central bank was not thinking about rate cuts “now at all”....
...The most acute phase of Japan’s population decline will take place over the next 20 years before its demography stabilises somewhat in mid-century....
...It’s not at all clear that we would want central banks to do anything else than go with market forecasts, and it’s abundantly clear that we can’t fault central banks for not guessing Putin’s next move....
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