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...In the wake of SVB’s failure, the Fed has drawn scrutiny for the fact that Becker was a member of the board of the San Francisco Fed, which was the bank’s chief regulator....
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...“It is not for us supervisors to tell banks who they should or should not lend to,” said Frank Elderson, vice-chair of the ECB supervisory board....
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...First you worry about the stock, and then the bank supervisors get in the door, which is costly even if they find nothing, but supervisors will always find something....
...“There is a broad range of support for staff affected, including a dedicated transition board backed by £80mn funding from UK government and £20mn from Tata Steel.”...
...The Charleston County Coroner’s office said his death is from “what appears to be a self-inflicted gunshot wound”, according to the reports....
...Hudson County is the place where Menendez was reared, and where he began a 50-year political ascent that carried him from the local school board to the US Senate, and the chair of its powerful foreign relations...
...Job Moves Ørsted nominated Lene Skole and Andrew Brown to serve as chair and deputy chair, respectively, of its board of directors....
...People across the board were paying more and more for increasingly threadbare services, they added....
...Frank Elderson, vice-chair of the ECB’s supervisory board, said in a speech on Thursday that it is shifting to a more aggressive approach for banks that do not respond fast enough to supervisory pressure...
...Eye-watering amounts of overtime were first held up on digital boards at the 2022 World Cup in Qatar....
...The Financial Stability Board, an international body that monitors and makes recommendations about the global financial system, has developed a road map for enhancing cross-border payments....
...These include strengthening “the tools for early intervention by supervisors based on an objective set of indicators while also relying on a strong legal basis for such actions”....
...The Prudential Regulation Authority, the UK banking supervisor, was quick to press Metro Bank to bolster its finances....
...Six more years of Putin is a threat to Europe and the world, writes the FT’s editorial board, as repression at home runs hand in hand with a more belligerent policy abroad....
...The review, chaired by Lancashire County Council chief executive Angie Ridgwell, also found that conflicts of interest among officials at the public bodies with the task of overseeing Teesworks were not...
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