Hints and tips:
...European banks need to steel themselves for a year of rising insolvencies, geopolitical risks and upheaval in energy-intensive industries, according to the eurozone’s new banking supervisor....
...European banks must brace themselves for rising insolvencies, greater geopolitical risks and upheaval in energy-intensive industries, the eurozone’s new chief banking supervisor has warned....
...News round-up Autonomy founder Mike Lynch called ‘driving force’ of ‘massive fraud’ in US trial (FT) Reckitt’s baby formula woes will stoke calls for a break-up (FT) Chinese authorities accuse Evergrande...
...Some managers and supervisors within the TSSA this month accepted a separate deal for a one-year, 4 per cent pay rise....
...Meanwhile, the TSSA, which represents rail managers and supervisors, this week said that members at 11 train operating companies would walk out on the same days as the RMT in August....
...TSSA, which largely represents managers and supervisors, has balloted 10 train operators and Network Rail. It is expected to announce strike dates within days....
...Aslef, the drivers’ union, and TSSA, which represents managers and supervisors, both have mandates for strike action after holding separate ballots but have yet to announce when their staff will walk out...
...Mick Lynch, general secretary, said bosses had been paid millions of pounds during the pandemic. “Railway workers have been treated appallingly.”...
...“The AB-BA notes that the appointment, as is customary in cases of this kind, will for the time being serve only to review the criminal complaints filed,” the supervisor stressed....
...Would supervisors accept a temporary drop in balance sheet strength? Eventually, the answers from regulators were positive....
...While a person close to Mr Achleitner talks down that spat, the executive board’s late revelation to the supervisors in December that it wants to pay out €1bn more in bonuses than previously thought profoundly...
...Follow David J Lynch on Twitter: @davidjlynch...
...Our investigation has revealed they were anything but,” Ms Lynch said....
...Supervisors on the Black Elk Energy drilling rig face a variety of charges, but prosecutors’ most powerful weapon is an unlikely one: environmental law....
...One internal bank email in 2009 referred to a princeling as “an intern doing nothing”; the following year, a supervisor warned a colleague about “his napping habit”....
...Additional reporting by David Lynch in Washington...
...The memo was written by Bernd Gottweis, a VW supervisor for quality management who was known inside the company as “the fireman” for his ability to address crises....
...Now, the banks, we believe, that are looking at this as a potential plan for a worst case exit scenario, whereby there is no passporting, include Morgan Stanley, Citi, and Bank of America, Merrill Lynch,...
...The appointment still required approval from the ECB bank supervisor, another person said....
...of New York on May 31, reports David J Lynch in Washington....
...Indosuez Wealth Management says the ECB ought to cut rates even deeper into negative territory, while Bank of America Merrill Lynch suggests, slightly tongue in cheek , that “bringing back the deposit rate...
...Additional reporting by David J Lynch in Washington...
...The cluster of fields under the control of Yuganskneftegaz, the division of state oil company Rosneft where Mr Stefanishin works as a drilling supervisor, are some of the world’s most prolific....
...Markets indicate that there is as much as a 30 per cent probability of negative rates in the US by the end of 2017, according to calculations by Bank of America Merrill Lynch....
...“It’s impossible to write criteria in such a way that they’re unambiguous for everybody and forever,” says Alex Batchvarov, an analyst at Bank of America Merrill Lynch....
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