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...The guidance added: “Any breach would result in not just a hefty fine, but also a damaging blow to both the reputation of the union and the trust of the membership.”...
...More than half of the ECB staff responding to a survey by its main union this year said Lagarde was performing poorly and almost six in 10 said they had no trust in her or the board....
...Berlin however opposes central supervision on the grounds that it would create additional costs for banks and other market actors....
...Poor data undermines trust and skews forecasting — as several central banks, including the Bank of England, discovered when it came to inflation....
...partner of Perella Weinberg Partners, a prestigious boutique investment bank....
...But 67 per cent agreeing they trust Eurostat is great! Any caveats to that point? Oh. So actually overall, less than half of all EU citizens have both heard of Eurostat and trust it....
...Since leaving the European Union in January 2020, the UK has faced “constantly elevated medicines shortages” including for key treatments such as antibiotics and epilepsy drugs, the think-tank said on Thursday...
...Georgieva said she was “deeply grateful for the trust and support” the board had placed in her....
...Christine Lagarde is performing poorly or very poorly as president of the European Central Bank, according to most respondents in a union survey of its staff that suggests internal dissent has surged in...
...They are commonly used by hedge funds to build positions in companies and are typically facilitated by big banks....
...This unit generated one of the lowest ROTE’s among European banks last year. That lower ROTE may be due to less income productivity and lower leverage relative to peers, thinks Jason Napier at UBS....
...The basic trust is destroyed.”...
...The move comes as high interest rates and complex regulations continue to weigh on the investment trust sector....
...Labour organisers have said they plan to recruit new members in traditionally non-union workplaces including banks and pharmacies....
...But a surge in the cost of living since he took office in January 2021 has led respondents to say they trust his Republican rival Donald Trump more to run the economy....
...Maria Colacurcio, chief executive of Syndio, a consultancy that advises large companies — including Salesforce, Hess and Northern Trust — on pay-equity issues, also urges employers to be transparent....
...It follows a similar statement from the European Central Bank....
...At the end of last year, the government sold stakes in National Bank, Eurobank and Alpha Bank. Greece is an unlikely market darling....
...Olli Rehn, a former EU commissioner and Finnish central bank governor, told the FT in a separate interview that the European Stability Mechanism and its €500bn lending capacity could be used to fund Kyiv...
...“If you do that, you will, in the end, lose trust and lose your reason to be there.”...
...The funding needs for greening Europe’s economy are estimated at €500bn a year, according to former European Central Bank president Mario Draghi — who is drafting a separate report on how to improve Europe...
...The author is the EU commissioner for financial services, financial stability and capital markets union Birkenstock sandals are synonymous with Germany....
...Panetta told an ECB event in Frankfurt that it was an “important question” to what extent the central bank’s policy could diverge from the Fed, and he warned of the dangers of failing to account for the...
...True, the lack of a proper banking union is a genuine problem in Europe, hence the EBF’s appeal to legislators and not just watchdogs....
...and $25bn of additional capital....
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