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...The fintech last year hired a new US chief executive and has announced plans to re-enter the US, this time via a banking partnership that would allow it to bypass a licence application....
...Solomon said he did not expect Basel Endgame proposals to ultimately be implemented “exactly the way they’re put forward”....
...“It can find out if you’re doing something wrong, even the smallest bank, if you are somehow connected to the dollar. So that scares people.”...
...But evidence of really big shifts looms larger and larger: we’re living in a world prone to conflicts and this will continue for the foreseeable future.”...
...“We’re not trying to just throw it away,” he said. “What we’re doing is trying to get it in . . . products as fast as possible.”...
...They’re not gonna give any more money, they’re not gonna put any more assets into that bank....
...Porat said the measure validated “ongoing efforts to durably re-engineer our cost base”....
...“If you’re not engaging AI actively and aggressively you’re doing it wrong,” Nvidia chief Jensen Huang said at an event organised by payments company Stripe on Wednesday....
...“If you’re a private owner of a Tesla, you’re $20,000, $30,000 or even $40,000 worse off,” said the former Tesla executive....
...He also commented on US-China relations and the potential impact of the re-election of Donald Trump on any trade war. “I don’t think there is a Trump overhang [on our shares]....
...HSBC chief executive Noel Quinn blamed the Bank of Communications impairment on a “technical accounting adjustment” and said that it “does not affect our view on China at all; we’re a committed investor...
...“We’re going to leave London and move to Switzerland.” “The writing is on the wall. People are going to move away,” he added....
...Goldman’s board said it was rewarding Solomon for paring back a lossmaking push into retail banking, re-emphasising the group’s strategy around its core investment banking and trading business and expanding...
...Others found that it spoke like an English tourist in Marbella: “Muchas gracias for your understanding, y I’ll ensure we’re being as crystal-clear como l’eau from now on.”...
...“We’re dealing with people who are likely going to be leaders of tomorrow,” a second college bursar added. “And the biggest of their concerns is climate change.”...
...“We need to get the confidence that we can grow in this economy in that way if we can help investors re-rate the stock,” Nunn said....
...We’re so good at deceiving ourselves, we don’t need to. Isn’t that horrifying?” But to Morris, Rumsfeld was a conscious peddler of “false evidence”. For the director, that comes close to unforgivable....
...In collaboration with journalist Marcus Jauer, Göpel, a political economist at the Leuphana University of Lüneburg, takes the networked and dynamic world as a given and provides a series of actionable chapters...
...Bim Afolami, who was promoted in a ministerial reshuffle this month, said on Tuesday that regulators “need to realise that if you’re regulating a market, in any area, there’s no point having the safest graveyard...
...Ken Marcus, chair of the Louis D....
...So long as that is true it will be very hard for them to re-rate.” The stakes are high....
...Marcus Brigstocke is at the Pleasance Theatre, Edinburgh, from August 2-16....
...“We’re going to be in better shape than the rest of our competitors,” CEO Robert Isom said....
...“When we started DeepMind back in 2010, we thought of it as a 20-year project and I think we’re kind of on track,” he said on a podcast hosted by Dwarkesh Patel in February....
...Staley sought to get Epstein to invest in a fund managed by BlueMountain — saying in one email: “You’re my first client!” Other emails showed they spoke and met frequently during that period....
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