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...“It does feel like we’re getting to the light at the end of the tunnel,” said Dan Boardman-Weston, chief investment officer at BRI Wealth Management....
...The goods share of real consumer spending sat at 32.3% before the pandemic. Where, to the nearest 1%, did it peak since then?...
...HSBC UK’s was 1.89 per cent at the end of last year, up from 1.53 per cent in 2021. But the gap between what banks charge borrowers and what they pay savers may have reached its limit....
...While most hedge funds charge a fixed management fee (say, 1 to 3 per cent, typically) and take a slice of their profits (10 to 20 per cent), pass-through funds instead pass on almost all their expenses...
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...NEWSCASTER 3: A glass ceiling has been shattered in finance. Citigroup president Jane Fraser will soon become the first woman to head a big Wall Street bank....
...“Moreover, it took us nine months [to capture Mosul] and Israel does not have that time . . ....
...The company claims it is owed $3.5bn under a broader all-risks insurance policy or $1.2bn under a specific “war risks” policy, led by Lloyd’s, if the larger claim fails....
...And we call that clan the EC2, and they’ll never make that 1+1+3 coda, but instead they make a different, longer, slower coda....
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...Chief financial officer Ethan Tandowsky defended the hiring, which came after the group added more than 1,000 employees last year....
...We also meet our second fiscal rule for public sector borrowing to be below 3% of GDP three years early. Borrowing falls from 4.2% of GDP in 2023-24, to 3.1%, 2.7%, 2.3%, 1.6% and 1.2% in 2028-29....
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...The US government could run out of money as soon as June 1 if Congress does not raise or suspend the debt limit before then, Treasury secretary Janet Yellen warned yesterday....
...Job moves Shearman & Sterling’s chief commercial officer Robert Brown has joined Sheppard Mullin as chief operating officer ahead of its $3.4bn merger with UK firm Allen & Overy....
...Co-founder and chief operating officer John Gallemore bought £448,000-worth of shares in joint names with his wife on the same day as the AGM....
...In the Senior Loan Officer Opinion Survey, clearly, banks have been telling us for quite some time now that they are tightening standards and historically, that does lead to a tightening of credit availability...
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...But does the presence of more vapers (about 8.3 per cent of Brits according to a survey from last year) really amount to fewer smokers?...
...It really does help spread the word....
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