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...The risks are “substantial for some regional banks, trust companies and asset managers”, she said....
...“The culture is like you can’t trust your workers if they are not seen in the workplace. More trust of workers is needed to expand remote work and flex time.”...
...Resolving bank crises is a dirty business and regulators typically have sweeping powers to intervene. Terms and conditions, no matter how detailed, need to be underpinned by trust....
...The FSB and Iosco are recommending a range of ways for managers of open-ended funds to manage liquidity....
...After all, they noted, that was how America exited its own 1980s Savings and Loans crisis: it auctioned bad loans via a Resolution and Trust Corporation, in a way that pulled opportunistic investors back...
...There will again be plenty more central bank speakers — a good excuse to once again plug my colleague Chris Giles’s excellent Central Banks newsletter (for Premium subscribers) — and the earnings-season...
...Recently these included a 9mm Glock with ammunition for $500, Bolivian cocaine for $1,000 an ounce and fraudulently cloned bank cards for $5,000....
...Costas Mourselas The debt-fuelled bet on US Treasuries that’s scaring regulators FSB warns of risks posed by hedge funds’ ‘hidden leverage’ SEC raised concerns over hedge fund Rokos after losing bond...
...To explore a network of 250 routes across the UK, check out the British Pilgrimage Trust....
...“Fundamentally, it’s an issue of trust.”...
...The top banking regulator under President Donald Trump has teamed up with a former risk officer at recently failed Silicon Valley Bank to launch a bank....
...“Some people will be saying ‘I’m not going to buy Swiss risk because I don’t trust the regulatory backdrop’.”...
...Second, that you can’t trust a single class or party to do the checking in a way that seems fair to all....
...agglomeration effect’, this idea that as businesses cluster together and share infrastructure, access to knowledge, clients and competitors, they become more productive,” said Valentine Quinio, senior analyst at urban...
...Bank of America, IBM and UPS are the latest companies to force staff back to the office....
...“France, I would not trust them: they don’t even trust themselves. The only place in Europe I can come to safely nowadays is the UK.”...
...By 2050, he says, Africa, with the world’s fastest-growing population, will have nearly 1bn new urban residents....
...Around the corner, the spectre of a branch of Silicon Valley Bank, which collapsed in March, is another reminder of a fragile financial infrastructure....
...The National Trust recently reported that four-fifths of smaller English orchards have disappeared since 1900....
...And following extensive discussions with the FSB and many colleagues in the House, I have also decided to extend the 75% business rates discount for Retail Hospitality and Leisure businesses for another...
...This year, though, the Trust is heading into the urban centre of Manchester to open a property that sits on the doorstep of Aviva Studios, home of Factory International and Manchester International Festival...
...I think the split between the Walmart shopper and the non-Walmart shopper may be more a kind of rural/urban split in some way....
...Fewer than half of India’s people are able to use the internet, according to the IMF, while only 15 per cent of rural households and 42 per cent of urban households have internet access....
...Zheleznyak said he went as far as to meet with the then-head of the FSB’s economic unit, Kirill Cherkalin, who suggested installing a retired FSB officer as a vice-president at the bank....
...Thai Rak Thai swept the 2001 election with populist policies that united the urban middle class and farmers in the north and north-east....
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