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...The London-based lender had ambitions to branch out from its core UK banking services and offer its own-branded pension scheme, which would have managed the retirement pots of other companies and their staff...
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...Olive Branch Broadcom chief executive Hock Tan paid $40,000 to have dinner with Chinese leader Xi Jinping....
...regulated roles in investment banking or for branch staff....
...These days, it appears to have lost its interest in Marcus and consumer banking in general, both in the UK and at home in the US....
...A steady stream of customers flowed through the Handsworth branch in the early afternoon, while Richard Trinder and his wife juggled parcels, processed bank deposits, and sold lottery tickets, stamps and...
...HSBC said in a statement that “[e]mployees of private firms in China are able to form a Party branch. These branches are common and can be set up by as few as three employees....
...The people I talk to in Asia are all asking, ‘OK, so can we now still trust Switzerland?’” Defeated by ice cream, I take a double espresso, and Collardi an Earl Grey tea....
...SunTrust and BB&T were widely mocked when they decided after their merger to rebrand as Truist, which is trust, with an i. The name, though, has stuck, and now gets good brand recognition scores....
...Amid such technicalities as hold-to-maturity bond hedging, it is easy to forget the basic flaw of the banking industry. It depends for its survival on trust outweighing fear in the minds of depositors....
...Apple has considerably more global reach and consumer trust than most banks. Is it any wonder, then, that it is slowly but surely turning into a financial institution?...
...For the heavily indebted companies that originated them, both government support and their future survival is less clear cut....
...The prospect of mass job cuts and branch closures has been a contentious issue ahead of national elections this autumn....
...And I think what you find is that oftentimes there is a lack of trust. I was born in 1940. People in my community, they didn't trust the banks because the banks collapsed....
...The firm advised on product design and compliance with Hong Kong and Singaporean banking regulations....
...Our new film investigates “banking deserts” in the US, where branch closures have doubled since the pandemic began. African-American communities have been hit the hardest....
...an offshore trust....
...But with the latest survey by the Irish Banking and Culture Board highlighting “deeply ingrained” negative attitudes to banks overall and “minimal trust” in rural Ireland, AIB, and others, still have their...
...And that’s been a kind of rocky thing, as, as Bank of America has kind of, you know, pushed to one side the Merrill Lynch branch to focus more on Bank of America....
...Tech companies were among the most enthusiastic in embracing remote work during the pandemic, banking a tax saving and allowing employees to avoid San Francisco’s high rents....
...But some depositors such as Xu have already lost trust in the system....
...The largest regional banks — Truist Financial, PNC Financial and now US Bancorp — have all made their moves....
...and “lighting that branch on fire”....
...The plans included launching a business in the Philippines, where the bank has already started applying for a banking licence, and acquiring a payments company in Latin America....
...“In the current conditions there is a massive oversupply of mortgages and lots of providers . . . but to be a full service bank and have consumer trust over the long term it is an important product line,...
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