Hints and tips:
...Central banks US Federal Reserve chair Jay Powell will be in the limelight when he testifies, along with treasury secretary Steven Mnuchin, before the Senate Banking Committee on Tuesday and a day later...
...In an interview with the Financial Times, Steven Mnuchin, Treasury secretary, signalled openness to ringfencing, saying: “It’s one of the things we could consider.”...
...The expected costs of implementing ringfencing are also less than forecast, said Steven Hall, a banking partner at accountancy firm KPMG....
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