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...By September 2023, Weightman began assembling a private credit team, said Corinthia....
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...One may doubt the diplomatic wisdom of the decision of the chair of the US Federal Deposit Insurance Corporation to criticise the Swiss government’s handling of the Credit Suisse failure (Report, April 11...
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...Asset managers also say the mutual fund structure works better than ETFs for giving smaller investors access to alternatives, such as private equity and private credit, which have been growing in popularity...
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...The company also receives a US R&D tax credit. Across the US, the effective tax rate paid by large profitable companies is far lower than the statutory rate....
...the chair of the Federal Deposit Insurance Corporation has warned....
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...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
...A hard-to-replicate combination of decades of legal precedent and an established legal community make the state attractive to corporations....
...But relationships, he makes clear, would be bilateral and based on “mutual interest” rather than multilateral....
...Some jurisdictions will be able to compensate companies paying higher tax rates by providing new subsidies and credits. But the minimum tax regime is cleverly designed....
...When I chaired the FDIC during the financial crisis, we sold the failed the mortgage lender Washington Mutual to JPMorgan. It was our only bidder and was prepared to take over WaMu immediately....
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...These vehicles are called business development corporations, or BDCs....
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...While the Fed, the OCC and Federal Deposit Insurance Corporation have the authority to block deals under banking laws, the US Department of Justice may challenge bank mergers citing antitrust statutes....
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