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California banking regulator says SVB oversight insufficient

admin2 years ago04 mins

Could 8 (Reuters) – California’s monetary regulator did not press management at Silicon Valley Financial institution to deal with identified…

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Goldman Sachs to pay $215 mln to finish gender bias lawsuit

admin2 years ago05 mins

Could 8 (Reuters) – Goldman Sachs Group Inc (GS.N) agreed to pay $215 million to settle a category motion alleging…

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UBS replaces CFO, retains Credit score Suisse’s Koerner in prime workforce

admin2 years ago07 mins

[1/2] A brand of Swiss financial institution UBS is seen in Zurich, Switzerland March 29, 2023. REUTERS/Denis Balibouse ZURICH, Might…

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Google AI pioneer says he stop to talk freely about know-how’s ‘risks’

admin2 years ago04 mins

Might 2 (Reuters) – A pioneer of synthetic intelligence mentioned he stop Google (GOOGL.O) to talk freely in regards to…

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Berkshire posts $35.5 billion revenue, sells over $13 billion in shares

admin2 years ago05 mins

OMAHA, Nebraska, Could 6 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc BRKa.N posted a $35.5 billion first-quarter revenue on Saturday,…

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Warren Buffett faults dealing with of financial institution failures, upbeat on U.S., Berkshire

admin2 years ago010 mins

OMAHA, Nebraska, Might 6 (Reuters) – Warren Buffett on Saturday criticized the dealing with of current tumult within the banking…

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Unique: Italy open to promoting down MPS stake on market if phrases, patrons are proper, sources say

admin2 years ago05 mins

Italy considers market placements to chop MPS stake – sources Any patrons would have to be aligned with nationwide curiosity…

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Senator Warren blames First Republic executives for “mismanagement”

admin2 years ago02 mins

Might 4 (Reuters) – U.S. Senator Elizabeth Warren has accused First Republic Financial institution executives of “mismanagement” in a letter…

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Strain grows for regulatory intervention as US financial institution rout deepens

admin2 years ago09 mins

WASHINGTON, Could 4 (Reuters) – Strain is rising on U.S. regulators to take extra steps to shore up the nation’s…

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S&P cuts First Republic’s credit standing, says default a ‘digital certainty’

admin2 years ago02 mins

Could 2 (Reuters) – S&P International on Tuesday slashed First Republic Financial institution’s (FRC.N) credit standing deeper into junk territory…

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