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...They are customers of dealers,” said Bryan Corbett, chief executive of the Managed Funds Association, one of the three plaintiffs along with the National Association of Private Fund Managers and the Alternative...
...Coris currently operates in 10 African countries. The growth of pan-African bank groups such as Vista and Coris could boost financial inclusion, El Mellali told me....
...Cliff White headed the Justice Department’s bankruptcy “watchdog” unit, the US Trustee Program, for 17 years prior to his retirement in 2022....
...The latest study from the National Association of College and University Business Officers estimates the 688 endowments that participated had an average 10-year return of 7.2 per cent....
...The National Basketball Association has banned a player for life for gambling on the sport, the first time the league has handed down the maximum penalty since legal sports wagering began in the US....
...“The fight over the Basel Endgame is a fight for what the industry is going to look like 10 years from now,” says Andrew Olmem, a partner at Mayer Brown and former deputy director of the National Economic...
...According to the State of Southeast Asia 2024 survey compiled by the Iseas-Yusof Ishak Institute, 50.5 per cent of respondents opted for China and 49.5 per cent preferred the US if the Association of Southeast...
...It says application fees can run as high as $10,500, but that “every cent” of the application fee is “taken off the total amount you pay back”....
...While he called the project “in the national interest”, critics saw it as a betrayal of his climate-friendly bona fides....
...We apply costly sticking plasters such as childcare subsidies and national insurance cuts to improve the returns from work for parents, but most of their problems arise from housing costs....
...Need to know: global economy The Bank of Japan ended an era of negative interest rates, lifting borrowing costs for the first time since 2007....
...The national myth likes to present the US political economy as one based on democratic shareholder capitalism....
...In 2007 Gordon Brown invited Thatcher into Number 10 for tea as he tried to create a “big tent” around his new administration, intended to reassure former Tory voters that he would not be a tribal Labour...
...Research by Cevat Aksoy, associate director of research at the European Bank for Reconstruction and Development, shows that more individualistic countries, such as the UK or US, exhibit higher rates of working...
...The following month, the Bank of Japan ended negative interest rates, one of its most controversial monetary policy experiments, raising borrowing costs for the first time since 2007....
...Sport: Caitlin Clark leads the Iowa Hawkeyes towards a potential rematch with Louisiana State University this weekend in the National Collegiate Athletic Association tournament....
...Cliff White, who previously managed the US Trustee programme, described the scandal as “a body blow to the integrity” of the bankruptcy system....
...The upcoming intervention, which will materialise before Japan’s Prime Minister Fumio Kishida arrives for a state visit in Washington on April 10, appears to stem from national security and supply chain...
...More economic news: Japan’s economy also contracted for the second straight quarter, putting pressure on the Bank of Japan as it considers raising interest rates for the first time since 2007. 2....
...Three cheers for progress! So what’s the market for getting rid of PFAS? It’s definitely growing, as Bank of America points out in a recent note....
...The point of the temporary accounting-rule change, from the National Association of Insurance Commissioners, was to shield life insurers’ capital from losses caused by rising interest rates....
...However, puts that guard against less than 10 per cent index declines have become so cheap off the back of the US market’s barnstorming rally that the two-month so-called skew — a measure of the difference...
...But the prospect of lower US interest rates in 2024 should allow central banks in developing countries to cut interest rates. In short, as with other equity markets, the outlook is distinctly mixed....
...Economic data: The Federal Reserve publishes its monthly Beige Book on economic conditions across the US and the National Association of Homebuilders updates its housing market index....
...More recently, though, pressure on longer-dated government paper took the benchmark 10-year US government bond yield above 5 per cent in October, reaching its highest point since 2007....
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