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...Bank of America, the nation’s second-largest lender, said as it reported results on Tuesday that new loan growth stalled in the quarter, with BofA’s chief financial officer Alastair Borthwick calling lending...
...Bank of America cut the compensation of its top executive Brian Moyniahn by 3 per cent, or $1mn to $29mn in 2023, a year when the company’s bottom line shrunk and its stock lagged rivals....
...and Bank of England who has been at Columbia for less than a year — was far from over....
...The Russians will continue to hope that, if Donald Trump is elected president this November, this might be the last big package of American military aid....
...Bank of America has sent “letters of education” to employees who have not been showing up at the office, warning them of disciplinary action, in the latest move from a large company to push staff back to...
...The Biden administration will target billionaires and corporate America with sweeping tax rises as part of a plan to cut the US’s record national debt and boost the president in the polls ahead of November...
...When a former vice-president spurns his former president, we ought to sit up and notice. The fact that we did not is yet another sign of the political weirdness we are living through....
...The former vice-president of the China Development Bank was arrested on Thursday, the latest official to fall victim to an anti-corruption drive riling the country’s financial institutions....
...America”....
...“They are stuck with this sort of kabuki pantomime of trying to put on a show of blocking people, which they’re kind of good at,” said Adam Isacson, a migration expert at the Washington Office on Latin America...
...Although his term as chair of the Fed ends in 2026, his term on the board of the central bank lasts until 2028....
...As federations and the IOC reflect on World Athletics’ decision, they might consider that the matter of the next IOC president is a key unknown in the equation. League matches in America?...
...Goldman Sachs has named Hidehiro Imatsu as the new president of its Japan operations, ending a six month effort to fill one of the most powerful positions in Tokyo’s financial industry....
...New York Fed president John Williams at a conference on Thursday said he did not feel any “urgency” to cut interest rates because of current levels of inflation....
...“Taken together, the absence of news and the passage of time have brought a Bank Rate cut somewhat closer,” Pill said on Tuesday....
...bank, were eliminated from the search for a new president at a relatively early stage....
...Turkey’s new central bank chief said some of President Recep Tayyip Erdoğan’s policies were complicating the task of controlling stubbornly high inflation as he vowed to take further action if needed to...
...Third-quarter profits at Bank of America beat expectations, but growth lagged rivals because the bank still has hundreds of billions of dollars of low yielding bonds that it bought during the pandemic....
...Five months after declaring sovereignty from British rule, the fledgling United States of America finds itself on the verge of being recolonised after a series of heavy defeats in the Revolutionary War....
...Seven banks — out of 45 then operating in the country — have been granted presidential approval, including Mercedes-Benz Bank, Ikano, J&T and Intesa....
...The Bank of England is widely expected to keep interest rates on hold....
...The Bank of Japan has ended an era of negative interest rates, raising borrowing costs for the first time since 2007 in a historic shift as the country puts decades of deflation behind it....
...The bank reported a return on tangible equity — a key measure of bank profitability — of 12.3 per cent, down from 15 per cent last year but ahead of its target of more than 10 per cent for 2024....
...“Finding those outside of North America is difficult.”...
...Trade body UK Finance said the BoE had highlighted “a number of important issues” that banks needed to consider in terms of exposure to private equity....
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