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Showing results for Tennessee Commerce Bank v. Hutchins
...The “top” 10 parent companies — including Berkshire Hathaway Energy, First Energy and the Tennessee Valley Authority — had secured a total of $166bn in bank financing since 2016....
...Fed watchers will look for more guidance from chair Jay Powell today, as he speaks at the Hutchins Center on Fiscal and Monetary Policy. 3....
...“We see people spending more and more of their time [in virtual worlds], buying and selling things,” said Max Neukirchen, global head of payments and commerce solutions at JPMorgan....
...“Business people want to see world leaders taking inflation very seriously,” said commerce secretary Gina Raimondo. “And it’s hard to see that out of this new [UK] government.”...
...First Horizon has a strong presence in the south, particularly in Tennessee and Louisiana as well as in Florida, the Carolinas and Virginia....
...Joe Ricketts, whose family owns the Chicago Cubs baseball team, and Raine Group, the merchant bank, raised $375mn in December 2020, just as the Spac market was heating up....
...I also double as a wide receiver on the University of Tennessee football team, wearing number 0....
...Staff at the bank will miss a certain line item on someone’s bank statement or a certain form of income . . ....
...It says it had helped fund the development of the Sputnik V Covid-19 vaccine....
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...The bank made its largest acquisition on Monday, agreeing to buy Tennessee-based First Horizon for $13.4bn and securing its position as the sixth-largest lender in the US....
...You can reach the fintechFT team at Imani.Moise@ft.com or Sid.V@ft.com. Your thoughts and suggested topics for coverage are always welcome. Thanks for reading....
...As ever, drop Imani (Imani.Moise@ft.com) or myself (Sid.V@ft.com) your emails with thoughts and suggested topics for coverage. Have a great week!...
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...Florian Thaler, OilX’s chief executive, said these refiners “have put in a real and proper V-shaped recovery . . . from the lows seen in August”....
...Morgan Stanley employees and clients who have not been vaccinated will be barred from entering the bank’s New York offices....
...“Much more effort over the summer should have gone into planning for a second wave [of coronavirus], rather than pinning hopes on a V,” he said....
...The Central Bank of Nigeria is attempting to temper the euphoria with warnings that inexperienced investors could lose their meagre savings....
...Suren Thiru, head of economics at the British Chambers of Commerce, said that “any prospect of a ‘V-shaped’ recovery remains unlikely, with many sectors continuing to operate at reduced capacity”....
...The once hoped-for V-shaped economic recovery now looks more like — at best — a stretched U, even if financial markets, supported by massive central bank firepower, have been on a tear....
...(FT) ECB accepts ‘fallen angel’ bonds The European Central Bank loosened collateral rules to accept bonds that lose their investment-grade credit rating in an effort to maintain banks’ access to ultra-cheap...
...“I don’t think it’s a V-recovery,” he says. “An elongated U is perfectly possible. I’m a conservative. I plan for the worst and hope for better....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
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