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...John Cronin, a UK banks analyst at Goodbody, said: “[The challenger banks] are very disappointed that progress hasn’t been swifter across the industry.”...
...Barclays’ former chief executive, John Varley, was charged with fraud over his role in the bank’s emergency cash-call during the financial crisis but he was acquitted in 2019....
Chancellor intends to cut £33bn in public spending while raising taxes by £21bn under draft proposals
...In late 2017, Deutsche Bank’s chief executive at the time, John Cryan, memorably said that robots would replace about half his 98,000-strong workforce over an unspecified timeframe....
...In 1998, Citicorp’s John Reed, in promoting its merger with Sandy Weill’s Travelers Group, said it was Citi’s ability to sell a supermarket of financial products “on a local basis” that would make the deal...
...But Sir John Vickers, who chaired a commission on the UK banking sector after the 2008 financial crisis, said: “Losses on bonds or fixed-rate mortgages when interest rates go up are not just ‘paper losses...
...He could smell bullshit,” recalls John Mack, who was then head of Morgan Stanley’s fixed-income division....
...John Cronin, an analyst at Goodbody, said banks were likely to focus on the higher fixed-rate savings offers to deflect from criticism of easy-access rates....
...John left Revolut....
...More here from Sally Hickey, Laura Noonan and George Parker....
...He will be replaced by John Schindler, a director at the Federal Reserve’s financial stability division....
...“It’s a relief that £10mn is all it is,” said John Cronin, analyst at Goodbody. “The bank upped its provision last week anyway to £10mn. It’s also that this is finally coming to an end.”...
...He could smell bullshit,” said John Mack, then head of Morgan Stanley’s fixed-income division....
...Sir John Vickers, who chaired an independent commission on banking, wrote in the Financial Times this week that the secondary objective was either “pointless or dangerous”....
...“We want to use smart, sensible, common sense regulatory reform to spur investment from every corner of the world into UK plc because that’s our core,” John Glen, chief secretary to the Treasury, told a...
...Former Barclays chief executive John Varley was previously acquitted as a result of insufficient evidence....
...Things I enjoyed this week Laura Noonan and Owen Walker wrote an engaging FT Magazine piece on UBS chair Colm Kelleher....
...Sir John Vickers, who led the 2011 report that spawned ringfencing, said the Skeoch report’s apparent treatment of “resolution” as an alternative to ringfencing was “puzzling”....
...John Glen, economic secretary to the Treasury, said in a speech on Tuesday that many of the changes were intended to ensure investors got the best price for their share and derivatives deals....
...John Glen, City minister, told the FT: “Now we’ve left the EU we are determined to ensure the rules around the insurance sector work in the best interests of the UK....
...The report by John Swift QC published on Tuesday sharply rebuked the Financial Services Authority, the forerunner of the Financial Conduct Authority, for not being transparent enough with customers affected...
...John Hood, a tax Partner at Moore Kingston Smith, an accountancy firm, said it was “exceptional” for a high-profile CEO to appear on the list....
Large gatherings and vaccine hesitancy contribute to spread of cases despite restrictions
...for actuaries in the LDI pensions debacle / From Stephanie Hawthorne, Former Editor of Pensions World (1989-2017), London SM5, UK Give last word to Feynman / From John Rogan, Penarth, Vale of Glamorgan...
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