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...A higher profile will mean more tests for the sector’s friendly image. Nationwide launched a TV advert last year ridiculing the branch-cutting “big banks”....
...Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment from one of the US...
...“If Beijing directly attacks Philippine ships or armed forces, Washington would be compelled to respond,” she said....
...Last year set a new record for sport-related investment, thanks to a handful of large transactions including the $6bn sale of the Washington Commanders NFL franchise to Apollo co-founder Josh Harris and...
...In a 2019 paper titled “Challenging the Conventional Wisdom on Active Management: A Review of the Past 20 Years of Academic Literature on Actively Managed Mutual Funds”, Martijn Cremers, Jon A Fulkerson...
...Remember, the Covid-19 pandemic caused a crisis of almost every other kind, but big US banks didn’t collapse....
...That’s the question facing policymakers gathering in Washington DC for the spring meetings of the IMF and World Bank....
...Washington in recent weeks has stepped up warnings to remind China that the Sierra Madre is covered by the 1951 mutual defence treaty....
...Biden will stress that the US-Philippines Mutual Defense Treaty applies to the Sierra Madre, said the officials, adding that he expressed “deep concern” when he spoke to President Xi Jinping on Monday....
...But while JPMorgan had to rescue ailing institutions such as mortgage lender Washington Mutual, it could still reduce its share count since 2008 by 27 per cent....
...The UK’s Coventry Building Society has agreed to buy the Co-operative Bank for £780mn in a deal that would eventually return the private equity-owned lender to mutual ownership....
...In addition, she pointed to the rise of new distribution channels such as online brokerages and neobrokers that are disrupting the dominant bank and insurance company distribution systems in Europe....
...He said he had detailed Washington’s concerns in his meetings and would wait to see Beijing’s response, warning the US was “fully prepared to take [action] if we don’t see a change”....
...The US and Japan are planning the biggest upgrade to their security alliance since they signed a mutual defence treaty in 1960 in a move to counter China....
...responsible accountable,” said Matthew Miller, a spokesperson for the state department....
...Washington has reiterated several times that the US-Philippines mutual defence treaty “extends to armed attacks on Philippine armed forces, public vessels, or aircraft — including those of its coast guard...
...The World Bank said the money could be leveraged to result in a $70bn boost to its lending firepower....
...The UK’s Coventry Building Society has agreed heads of terms to buy Co-op Bank for £780mn in a deal that would return the private equity-owned bank to mutual ownership....
...A Federal Reserve poll on financial stability has highlighted markets’ concerns over high interest rates, just days after central bank chair Jay Powell signalled borrowing costs would have to remain at a...
...The summit in Washington will include the first state dinner for a Japanese prime minister since Shinzo Abe in 2015....
...De-escalation channels akin to the Washington-Moscow hotline are needed before a crisis hits....
...week in Washington....
...for banks and brokerages....
...Sheinbaum, a former mayor of Mexico City who holds a double-digit lead in the polls, signalled the importance of the US trade relationship as concern has grown in Washington over increasing Chinese investment...
...“Too many, particularly younger people don’t really understand the difference between a mutual organisation and a shareholder-owned bank,” said Crosbie....
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