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...The Association of British Insurers welcomed the PRA’s acknowledgment of the importance of reinsurance to well-functioning insurance markets, and said the sector gave “vital protection and peace of mind”...
...“It’s nice to have ideas and to make it part of the Singapore national agenda....
...Puma, which will also terminate its sponsorship of Serbia’s national side next year, will continue to “evaluate all other existing partnerships as well as any other upcoming opportunities to ensure we have...
...The election was overseen by the National Labor Relations Board. “We respect our employees’ rights to vote for union representation,” Wells Fargo said in a statement....
...Look out the first of the large financial groups reporting their results, including JPMorgan, Citi, State Street, Wells Fargo and BlackRock on Friday....
...Its price to book value of nearly 3 times trumps that for mortgage-heavy Wall Street banks like JPMorgan, Bank of America and Wells Fargo. But Rocket doesn’t have appreciably higher return on equity....
...Alongside interest rates — which traders expect the Bank of England to cut from 5.25 per cent to 4.5 per cent this year — housing associations have been hit by fast-rising construction costs....
...The National Association of Home Builders/Wells Fargo Housing Market Index rose to a reading of 37, up from 34 in October, marking the first increase in four months....
...So that’s basically for big banks that take in lots of deposits like JPMorgan or Wells Fargo. That’s really where they make a lot of their profits from....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...Lloyds and Wells Fargo make an interesting comparison, and again Lloyds is tempting....
...In the past, about 200 bankruptcy judges, law professors, and professional organisations — including the National Association of Attorneys General (NAAG) — have endorsed bipartisan legislation to fix this...
...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...
...Here’s what else I’m keeping tabs on today: Earnings: The major US banks begin reporting earnings today, with JPMorgan, Citi and Wells Fargo all updating investors....
...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....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...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...
...Its endowment has risen in value from $200mn in 2000 to nearly $1bn today — five times the median level in US colleges, according to the latest survey by the National Association of College and University...
...Sir Stephen Bubb, former head of the Association of Chief Executives of Voluntary Organisations, suggests that Batmanghelidjh’s legacy is of a promise never fully realised....
...They are the denominator in the capital ratios that show how well positioned banks are to withstand losses; lower RWAs make banks look healthier....
...BlackRock, Citigroup, JPMorgan Chase, Wells Fargo, BNY Mellon and Bank of America will all report fourth-quarter figures on Friday....
...In the past year delinquent commercial property debt for the six big banks — JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs and Morgan Stanley — nearly tripled to $9.3bn....
...The National Association of Home Builders/Wells Fargo housing market index fell from 56 to 50 this month, signalling a slowdown in business for companies that build single-family homes....
...And the National Association of Home Builders reported today that homebuilder confidence made a surprise rebound this month....
...Housing market: US home builder confidence is expected to be in positive territory for the second straight month, taking the National Association of Home Builders/Wells Fargo housing market index to 56 from...
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