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...The UK’s accounting watchdog is in talks to move its headquarters out of the City of London to Canary Wharf or Stratford, as its plans to relocate staff to a second office in Birmingham face delays....
...holding back the city after a decade of strong economic growth....
...Profits at US bank Wells Fargo fell in the first quarter, in a sign that the benefits of high interest rates are waning for the big lenders....
...Earnings at Wells Fargo jumped 9 per cent in the fourth quarter, despite an increase in loan loss provisions, as the US bank cut costs....
...Following an unexpected departure to Kansas City in season four, Noah Hawley’s offbeat crime anthology series, Fargo, returns to its spiritual home on the border between Minnesota and North Dakota....
...A source close to Wells Fargo said that some of the cuts would not happen until sometime in 2024....
...Many of those hires have been part of Wells Fargo’s efforts to comply with the Federal Reserve, which in 2018 imposed a cap on the size of the bank’s balance sheet following the lender’s fake accounts scandal...
...The lawsuit filed in state court in San Francisco contended that Sloan “bore the brunt of public criticism, much of it directed at Wells Fargo policies and practices that predated his tenure as COO or CEO...
...Wells Fargo has agreed to buy Neiman Marcus’s vacant space at 20 Hudson Yards for $550mn in a deal that underscores the changing fortunes of one of New York City’s largest property developments....
...A contentious plan to demolish the former Museum of London to make way for new offices has been placed on hold by Michael Gove, even as the City of London backed the scheme....
...Organisers say that workers at several of Wells Fargo’s corporate offices are also interested in forming unions. The votes cover a very small fraction of Wells Fargo’s overall workforce....
...This issue acts as a curtain-raiser for a year of celebrations. Welcome to Paris 2024. With the Olympics arriving in a few months, the city is in a mad rush to polish up before the torch arrives....
...Wells Fargo reported a 60 per cent increase in profits in the third quarter, as the bank continues to benefit from higher interest rates....
...Professor Photis Lysandrou Department of International PoliticsCity, University of London, London EC1, UK...
...Wells Fargo has agreed to buy Neiman Marcus’s vacant space at 20 Hudson Yards for $550mn in a deal that confirms the changing fortunes of one of New York City’s largest property developments....
...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....
...Other top banks Citigroup, JPMorgan Chase and Wells Fargo also recorded drops in lending in the first three months of the year as they revealed results late last week....
A tour of Paris in the season’s new looks
Ain’t no love in the chart of the city
...Joel Coen’s leaden The Tragedy of Macbeth confused things. Drive-Away Dolls, though, feels more like what you might expect from a Coen. Criminal goons bicker in the subplot. So far, so Fargo....
...The City of London is likely to be affected by alterations to non-dom rules....
...The new fund is targeting $2.5bn of equity commitments, with roughly $2bn already contributed by Abu Dhabi’s sovereign wealth fund and the British Columbia pension fund....
...The hero of the peculiar and poignant drama Harold Halibut is a man of endurance....
...São Paulo faces the collapse of its electrical grid following years of under-investment, officials have warned, as widespread blackouts disrupt activity in the largest city in the Americas....
...The two businesses will have combined revenue of £490mn, and have 189 restaurants in the US and the UK and a total of nearly 600 restaurants across 44 countries including franchises....
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