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Related Special Reports
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...In her speech on Wednesday, she said that the number of such resolutions this year had doubled from 2022....
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...Emily Fry, a Resolution Foundation economist, said services exports were one of Britain’s “secret economic success stories”....
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...Although still privately held, the company now publishes extensive annual accounts....
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...National accounts would see both debt-to-GDP and direct interest costs rise. Yet diverting even a portion of them would probably deliver substantial fiscal savings....
...The measures included a key proposal to use the Financial Services Compensation Scheme to fund a smaller bank that is failing, by recapitalising it and covering its operational costs....
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...The FCA alleges that the offences took place when Mohammed Zina was working in Goldman’s London conflict resolution group, which is privy to inside information....
...Torsten Bell, chief executive of the Resolution Foundation, said: “Taking a fiscal fiction and making it even more fictional doesn’t deal with the underlying problem facing us after the election.”...
...“If we see, for example, use of NDAs alongside non-financial misconduct coming through that data . . . we will be able to take that into account in our future supervisory work.”...
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...Older people, who often prefer to work less, account for a growing share of the workforce....
...The New York Times story was an account of a victory by prosecutors in a Supreme Court case centred on insider dealing....
...“We just want a fair resolution,” he says. “We also want HMRC to be held to account. The government have failed to hold HMRC to account.”...
...The regulator said the bank’s mis-steps were “so significant” that it had “materially undermined the firm’s readiness for resolution”....
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...We have a number of authorities to do so, such as when these firms serve as service providers to large depository institutions....
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