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Greece to set up its first sovereign wealth fund, reform posting, bus services By Reuters
Investing.com· 6 days ago"We hired BlackRock (NYSE:BLK) to propose the best corporate structure for the fund," he added. Greece's privatisation agency HRADF and its bank bailout ...
Capitalism Is Broken. Here’s How to Fix It.
Foreign Policy Magazine· 5 days agoWhen people say that, they are often referring to growing inequality in a country like the United States. Perhaps unsurprisingly, Americans’ trust in...
US SEC sues over alleged bogus bailout of Richard Branson's Virgin Orbit
Reuters via Yahoo Finance· 6 days agoAccording to the SEC, Brown fabricated a screen shot of his company's bank account to show a...
Explainer: Why cross-border mergers are still a hard sell for euro zone banks
Reuters· 5 days agoBelow is an explanation of why little-understood banking rules and the lack of a European deposit...
Ghosts of the ‘70s haunt Labour’s economic resurrection
The Telegraph via Yahoo Finance· 23 hours agoThis isn’t true – and claims that it is risk sparking...denial, the markets forced Jim Callaghan’s...
The government using taxpayer money to bail out banks will unavoidably continue. Here’s why
Fortune· 1 day agoOn October 16, 2008, my old boss at Goldman Sachs, Hank Paulson, then U.S. Treasury Secretary, asked the leaders of America’s nine biggest financial institutions to accept an injection of equity ...
Analysis-US FDIC chair nominee likely has the votes but confirmation process could drag
Reuters via Yahoo Finance· 5 days agoChristy Goldsmith Romero will likely win enough votes to be confirmed as U.S. Federal Deposit...
Surprise! Americans actually like their banks
USA Today· 6 days agoAmericans have been with their primary bank for an average of almost 11 years, according to a USA TODAY Blueprint survey, and 85% say they’re either...
A Texas man tried to buy a rocket company for $200 million. The SEC claims he never had the money.
Business Insider via Yahoo News· 4 days agoThe SEC says Matthew Brown claimed to have $182 million but had less than $1 in his bank account....
FDIC rejects Citigroup's 'living will', citing deficient data controls | Invezz
Invezz· 3 days agoUS banking regulators have rejected Citigroup’s ‘living will’, a plan designed to outline the bank’s...