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...Under Robinson, AmEx capitalised on one of America’s most memorable corporate tag lines — “Don’t leave home without it” — and created the platinum card....
...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...
...The Bank of England’s financial stability committee met today, and the subsequent report indicates that it remains antsy about the engorged size of Treasury basis trades....
...Genesis is full of “stories that seem far too ugly to be in the Bible,” Robinson writes, continuing, “It is as if America had told itself the truth about the Cherokee removal or England had confessed to...
...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....
...has a great deal of art, and America has a great deal of money.”...
...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...
...But perhaps the biggest shock in American wine circles in 2023 was what looked like the collapse of Silicon Valley Bank in March....
...Bank of America’s profits fell 18 per cent in the first quarter, dragged down by a jump in potential loan losses and additional expenses tied to last year’s regional banking crisis....
...The right-bank bargain has blood and guts.£19.95 Lea & Sandeman Loom, Long Yarn Pinot Noir 2021 Adelaide Hills (13.5%)Unlike many Pinots, this one is savoury rather than sweet....
...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....
...All of these are Cabernet Sauvignon-influenced wines on the left bank of the Gironde estuary....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...JPMorgan, Bank of America, Citigroup and Wells Fargo all reported quarterly earnings on Friday. JPMorgan was alone among the group in posting record net profits for the year of $49.6bn....
...Only 17 per cent of the fund managers polled by Bank of America expect a so-called hard landing — which typically implies a recession — for global growth, the smallest proportion in 19 months....
...Bank of America has shoved back its call for the first Fed cut from June all the way out to December — a huge jump for a tweak that typically moves in increments of one or two months at a time and that opens...
...Income Growth Over Five Generations of Americans (FEDS) — The Dream of the 90’s, Part V: How to Return to Productivity Growth Today (Employ America) — All-Time Highs in the Stock Market are Usually Followed...
...Shot at the historical headquarters of Lombard Odier Bank in Geneva, Switzerland. Special thanks to Cristina Benito...
...In reality, “a lot of them ended up at the V&A”....
...What if I became America’s Most Wanted and then escaped? The answer was always the same: chaos would ensue. It was glorious....
...“carbon quantitative easing”, whereby central banks would pay the worst polluters to stop....
...There are hopeful industry signs in the early part of 2024, a Competition and Markets Authority probe notwithstanding, writes Mark Robinson....
...rate risk of bank assets”....
...The swiftest revenue growth was seen in Greater China, which was no surprise given the pandemic policies of president Xi Jinping, but a 10 per cent uplift in the Americas and a 23 per cent rise in EMEAA...
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