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...Fink attributed the US’s faster recovery from the financial crisis relative to Europe to America’s lower dependence on the traditional banking sector....
...said this to the staff of the SEC and to Gensler, which is you think that Schwab, Fidelity, Vanguard, Morgan Stanley, E-TRADE, they need to be told where to send their retail orders, like they don’t have choice...
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...It noted its request represented just 11 per cent of the recovery, less than the 15 per cent in the previous case....
...Most regulators have said it should be used as a second or third choice of drug against the disease....
...The US also saw significant wage compression as the strong labour market in the recovery raised wages faster at the bottom than at the top....
...The rest of 2023 will come with a choice: cut more costs, try to raise debt or accept that the days of record valuations are over....
...Cash calls too often forestall hard operational choices, when the latter could preserve more value in the long run. Easy capital is a powerful drug. Its side effects include myopia....
...choice of exit routes in many of these markets....
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...Two years ago, Igor Matovič, then Slovakia’s prime minister, was asked in a radio interview what his government had promised Moscow in return for supplies of Russia’s Sputnik V Covid vaccine....
...Greenhill has made the choice to accept a premium offer and take its chances within Mizuho’s larger financial umbrella just ahead of its 30th birthday....
...Despite the broad recovery in AT1s, some are warning of a two-tier market in which Swiss debt continues to be seen as highly risky given its regulator’s impromptu decision-making....
...I’ve seen first-hand how she brought member states together to take novel and innovative measures to counter the economic impact of Covid-19 and help drive Europe’s recovery....
...“It will be very difficult for Japan to achieve a V-shaped recovery in the number of new births,” he said, arguing that the most optimistic scenario might be maintaining the 2022 level or a little higher...
...“In this situation, Trong remains the default choice.” Party insiders told Nikkei that ulterior motives might be behind Trong’s anti-corruption drive....
...They also missed promotion opportunities, leaving them a choice between dead-end jobs or departure....
...But now it has become a victim of all the maladies of the recovery: sharply rising input costs, more choice for customers and labour shortages....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...“Everybody endorsed the choices that we’ve made over 65 years. And that to me, is the greatest payback and gratification that I could ever have.”...
...Her interest in stress and recovery was catalysed after she overworked herself, collapsed and suffered a concussion. Now, Nina advocates for being proactive about wellbeing before burnout occurs....
...Colourless drinks are a better choice.” (And, it goes without saying, moderate your intake.)...
...Dan Janki, chief financial officer, said that “investing in our partners now — even as we continue to navigate the pandemic — is the right choice to support Delta’s long-term strategy”....
...But economists, also worried about rising inflation, are not optimistic that the scale and delivery of the planned stimulus will be enough to prime a “V-shape” recovery from the world’s biggest consumer...
...“The court concludes that Apple’s anti-steering provisions hide critical information from consumers and illegally stifle consumer choice....
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