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...It was signed into law in 1970 during the presidency of Richard Nixon and was used by Rudy Giuliani when he was US Attorney for the Southern District of New York to pursue the heads of New York’s five mafia...
...Capital One chief executive Richard Fairbank told analysts after agreeing the Discover deal that being able to do both was his bank’s “Holy Grail”. JPMorgan and Discover declined to comment....
...Allen worked for the Bank of England from 1972 to 2004, and is now a visitor at the National Institute for Economic and Social Research....
...Richard AllenComo, Italy...
...as well as the European Investment Bank and the Nordic Investment Bank....
...He said it was wrong for banks to deny finance to developing countries if they want to exploit oil and gas reserves. “That’s not acceptable,” he said. “They do not have their basic energy needs met....
...Jefferies chief executive Rich Handler has sold $65mn of his stock in the Wall Street investment bank to buy a luxury yacht from longtime client Tilman Fertitta....
...Martin Allen London N1, UK...
...richard.waters@ft.com...
...The declines are “partly because last week’s fears of an escalation in the Middle East didn’t materialise over the weekend”, said Henry Allen, a strategist at Deutsche Bank....
...Last year, First Abu Dhabi Bank sold its payments unit to Canadian asset management firm Brookfield in a deal where the bank retained a large minority stake in the company....
...Thanks, Richard. Richard Waters Well, it’s a pleasure....
...While another Richard Branson is also synonymous with challenger brands, notably in telecoms via Virgin Mobile, there is no connection with the bearded billionaire....
...Central Bank....
..., deputy solicitor-general during Richard Nixon’s presidency — filed a brief saying that Trump’s claims have “no [constitutional] basis” and were “antithetical to and subversive of the separation of powers...
...For consumers, there is no “highly monetised killer app” yet that could turn generative AI into a big moneymaker, says Oren Etzioni, former head of the Allen Institute for AI, a research and engineering...
...The Swedish central bank’s forecasts show that rates could start to be cut from 2025. But a single cut to 3.75 per cent is only guaranteed by early 2026, according to the bank’s estimates....
...In the first round of voting, Jussi Halla-aho, the former leader of the populist Finns party, came in third place with 19 per cent while Olli Rehn, the central bank governor and a former EU commissioner,...
...Norway’s central bank bucked the global trend by increasing its interest rate and insisting it would remain at a high level “for some time ahead”....
...The writer is chief executive and chief investment officer of Richard Bernstein Advisors Proof of concept typically means evidence that a design idea is feasible....
...He added that he nevertheless expected the European Central Bank to start cutting interest rates in April....
...Sir Richard Branson has ruled out putting more money into his lossmaking space travel company Virgin Galactic, saying his business empire “does not have the deepest pockets” any more....
...She joins from Allen & Overy. White & Case has hired Lavanya Raghavan as a partner in London in its M&A and private equity groups. She joins from Ropes & Gray....
...Another opinion piece I am sceptical about was William Allen’s tirade against the UK design of quantitative easing....
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