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...another Delaware entity called SV America Inc....
...Formed in 2019 by a tie-up between BB&T and SunTrust, Truist lost nearly $5bn in the quarter, down from a profit of $1.6bn in the same quarter the year before....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Despite the discomfort of King George V — whose cousin the Tsar had been executed by the Bolsheviks — Labour formally recognised the Soviet Union....
...Truist, the regional bank formed in 2019 through the merger of BB&T and SunTrust, also cut its revenue growth target for 2023 “driven almost entirely by a lower net interest income outlook given higher deposit...
...The UK Treasury and Bank of England are designing a “digital pound”, Google revealed plans on Monday to launch a chatbot to rival OpenAI’s popular ChatGPT, more than 11,000 residents of Nigeria’s oil-producing...
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...Additional reporting by Tom Wilson, Owen Walker and Peter Campbell...
...Legal & General chief executive Sir Nigel Wilson will retire after more than a decade in the top job....
...A version of this article was first published by Nikkei Asia on April 27 2023. ©2023 Nikkei Inc. All rights reserved....
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...Job moves Christine Wilson, the only Republican commissioner at the US Federal Trade Commission, plans to resign, writing in an op-ed for The Wall Street Journal that she could no longer serve because of...
...Investment bank RBC Capital Markets values Total’s low-carbon business at $35bn, compared with $24bn for Shell’s and only $12bn for BP’s....
...A version of this article was first published by Nikkei Asia on February 14 2023. ©2023 Nikkei Inc. All rights reserved....
...Investment banks and private conglomerates, known as chaebols, poured money into the sector, seeing new opportunities to cash in....
...Bank of America has appointed Roman Meyer to the newly created role of head of strategic equity solutions for Europe, the Middle East and Africa, based in London....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Staff at the bank will miss a certain line item on someone’s bank statement or a certain form of income . . ....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...But speculative tech stocks had achieved “valuations [that] don’t make sense in any investment environment”, Michael Wilson, Morgan Stanley strategist, said in note to clients, and were falling not “just...
...The ferocious economic and financial cross-currents would make it an unusually fertile environment for active equity fund managers, the bank’s strategist Michael Wilson argued. Some investors agree....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Email us at imani.moise@ft.com and sid.v@ft.com....
...It would never be obviously child porn, you know, inc come here and buy your images. So it was quite deceptive, I would say....
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