Hints and tips:
...Honestly though, what the hell Franklin? Really?...
Wall Street bank to pay $75mn to territory while also resolving liability battle with former executive
...“She wore it the night that Hillary Clinton became the first woman nominated to become president [by a major U.S. political party].”...
Territory is suing bank for allegedly facilitating disgraced financier’s sex crimes
Bank battles US Virgin Islands lawsuit alleging it facilitated sex trafficking by late financier
...There is a limited, if admittedly growing, data set on zigzags and U-turns in policy and technology....
...Charles Schwab predicts a “gradual U-shaped recovery composed of seemingly chaotic movements in economic data with turning points in policy rates and earnings growth.”...
Filing comes in litigation accusing the bank of benefiting from its relationship with the late sex offender
US Virgin Islands says it has struggled to serve former Victoria’s Secret boss in case against JPMorgan
Wall Street bank has been accused of ignoring red flags about the late sex offender
...In July 2010, Staley sent a message to Epstein that read: “Maybe they’re tracking u? That was fun. Say hi to Snow White.” Epstein asked in return: “[W]hat character would you like next?”...
...If the U.S. Treasury as an issuer were actually to default, it would have very significant, hard to predict, and likely lasting effects on investors, issuers, and markets alike....
...Signature Bank plans to offload as much as $10bn in deposits tied to the cryptocurrency industry, a U-turn for a US lender that achieved rapid growth after aggressively courting digital assets....
...This is an audio transcript of the FT News Briefing podcast episode: Volkswagen’s U-turn Marc Filippino Good morning from the Financial Times....
...Here’s our US banking editor Josh Franklin....
Stockpiles of some of the world’s most important metals have dropped to critically low levels
...Franklin D Roosevelt, president from 1933, spoke out occasionally against Hitler’s Nazis and Japanese militarism, warning in 1937 that the “contagion” of war could threaten the US....
...That goal is still in progress, as the FT’s Joshua Franklin and Brooke Masters reported this week....
...But some JPMorgan investors have been less than thrilled about the project, complaining that Dimon has given little evidence to justify his massive spending push, the FT’s Josh Franklin and Stephen Morris...
...Specifically, both are fans of the New Deal, Franklin D Roosevelt’s activist government in the 1930s. “New Dealers thought law had a purpose. It was to serve human wellbeing....
...For Brzezinski, the summit of Yalta — the second world war meeting at which Winston Churchill and Franklin Roosevelt awarded Stalin a sphere of interest over eastern Europe — was always a dirty word....
...Joe Biden’s first 100 days in office have been marked by a flurry of executive orders and passage of the $1.9tn Covid-19 stimulus package, drawing inevitable references to former president Franklin Roosevelt...
...Later he would credit two people with his success: his older brother Charlie, and Franklin D Roosevelt. “My brother’s the one that decided that I was humorous,” he remembered....
...Margaret Franklin, chief executive of CFA Institute, said the investment industry was poised for further market volatility, but it was split on how long government intervention and support of companies and...
...Here, the answer to Aretha Franklin’s question “who’s zoomin’ who?” is “everybody’s Zoomin’ everybody else”....
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