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...The US markets take a break on Monday for Martin Luther King Day, but then we’re back into the thick of earnings season with the tail-end of the big US bank reports and a clutch of results from non-financial...
...Fresh from a degree in maths and computer science at the Massachusetts Institute of Technology, the politically active, punk-loving son of an Iranian father and Cuban mother set up a foundation from money...
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...This is because faking a western citizen’s identity unlocks not just bank and traditional online scams, but also the theft of government benefits....
...Regulators should force banks to raise more capital to make sure they can continue to “lend freely going forward”, said Jonathan Parker, a professor of finance at the Massachusetts Institute of Technology...
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...With his US passport revoked, he has notoriously been forced to make a new life as a citizen of one of the least free countries in the world....
...First Citizens Bank, which bought the portfolio from the Federal Deposit Insurance Corporation, negotiated a $16.5bn discount from a valuation supplied by the FDIC, equivalent to about 20 per cent, suggesting...
...The UK lender, formerly known as RBS, was majority owned by the government until March after a £46bn bailout at the height of the financial crisis....
...I made it very believable, you know, put out, essentially just retweeted NatWest and RBS stuff, just very bland, dry stuff that you can expect from a CEO of a bank....
...Citizens itself was owned by RBS (now NatWest) for almost 30 years until the UK group’s collapse and bailout forced a sale six years ago....
...Rhode Island-based Citizens was spun out of Britain’s RBS in 2015. RBS bought the bank in 1988, near the start of a global expansion that ended in huge losses and a bailout by the UK government....
...The liberal Democratic senator from Massachusetts has been a constant thorn in Powell’s side....
...In the late winter darkness, one Jonathan Taylor hurries home to Springfield, Massachusetts, through “ice-sharp” air, past a “fathomless bank of trees”....
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...Mann, who is a US citizen, will be the latest in a series of international appointments to the MPC — including the former governor Mark Carney....
...The Massachusetts Institute of Technology and Dartmouth College last week joined Harvard, which said in April it would increase distributions from its endowment fund that gained a third in a year....
...The writer is a surgeon in San Francisco The parallels between banks’ skyscrapers in downtown Manhattan and today’s hospital behemoths are striking: sparkling glass windows, vast marble lobbies and expensively...
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...“This is a hollow victory,” said Denise Namburete, the executive director of N’weti, a Mozambican NGO....
...This will spur hopes of a faster recovery for Brazil,” said Gustavo Cruz, a strategist at RB Investimentos....
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