Latest News for: Radical banker

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Look beyond ‘patchwork’ reforms, says BoP chief

Dawn 21 Jan 2023
KARACHI. Zafar Masud of the Bank of Punjab is an oddity among bank CEOs. After all, which other top banker would endorse the ideas espoused by Thomas Piketty, a radical French economist who western liberals derisively call Karl Marx 2.0? ...I believe in moderation. Both extremes are bad,” he said ... Lather, rinse, repeat ... .
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Banks not keen to fund Vodafone Idea before capital hike: Report

Live Mint 06 Jan 2023
But the lenders will wait for either a capital increase by its main shareholders - UK-based Vodafone Group and local investor Aditya Birla Group - or a debt-to-equity conversion by the government before granting the debt-laden operator more funding, the sources told ...
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Banks not keen to fund India's Vodafone Idea before capital hike - sources

Reuters 06 Jan 2023
The company needs the funds to remain in business ... According to its latest earnings enclosure, the carrier had total gross debt of $26.6 billion at end-September ... A feasibility study shared by Vodafone Idea with its bankers suggested the business might need a radical restructuring in order to survive, several of the sources said ... Our Standards ... ....
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Green oval: We drove the Ford F-150 Lightning and Mustang Mach-E in Detroit

Independent online (SA) 20 Dec 2022
Detroit - America is mostly a big engine country ... It’s their mainstay and banker and as any good marketing person will tell you when something is that popular and you want to introduce a radical change, give it the same trusted name, don’t fiddle with it too much, and take it to market. Which is what Ford did with the F150 Lightning ... IOL Motoring .
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UK sets out financial regulation reforms, including review of accountability rules

Reuters 09 Dec 2022
Bankers have complained that regulators take too long to vet these senior appointments ... More radical reform of ring-fencing and banker accountability is possible given there are no international norms to diverge from ... These included scrapping a cap on banker bonuses and easing capital rules for insurers.
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EMILE MYBURGH: Lula is back — but has his work cut out for him

Business Day 31 Oct 2022
The result was tight ... During his first presidential term he often had lunch with Brazil’s top bankers and dinner with leaders of unions and the radical left Landless Movement.  His deputy president this time is Geraldo Alckmin, who was his opponent during the 2006 election ... This is not the left in the radical Che Guevara or Castro tradition ... .
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Analysis-Britain’s finance bosses hope Sunak steadies ship after market chaos

FX Empire 25 Oct 2022
“An ongoing radical swing of the pendulum on policy is something that in any country is unhelpful.” ... One concern among bankers are ... Kwarteng’s initial push for more radical measures, such as scrapping an EU-derived cap on banker bonuses – have survived the political tumult for now.
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Analysis: Britain's finance bosses hope Sunak steadies ship after market chaos

Reuters 25 Oct 2022
"An ongoing radical swing of the pendulum on policy is something that in any country is unhelpful." ... Kwarteng's initial push for more radical measures, such as scrapping an EU-derived cap on banker bonuses - have survived the political tumult for now.
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Mitfordian mischief: Darling, by India Knight, reviewed

The Spectator 20 Oct 2022
Darling ... Beautiful, guileless aristocrat Linda Radlett falls disastrously in love with a rich banker and then a broke radical before finding happiness with an urbane Frenchman ... By contrast, the radical reimagining of Christian, Linda’s second husband, as a superficially charming literary narcissist is gratuitous, but immensely entertaining ... .
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Hunt drops what’s left of Truss plan to save UK credibility

The Spokesman-Review 17 Oct 2022
Hunt set out $36 billion of savings in response to a backlash against Truss’s plan, which spooked investors and pushed up borrowing costs ... in London ... 31 ... No ... One measure which survived the latest reversal was Truss’s decision to lift the cap on bankers’ bonuses. But her energy support program has been radically curtailed ... Hunt’s statement included. ... .
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Farhad Manjoo: In the battle with robots, human workers are winning

Pioneer Press 13 Oct 2022
Why do I still have a job? ... Even then, predictions of robot dominance were not quite panning out, but the pandemic and its aftermath ought to radically shift our thinking. Now, as central bankers around the world are rushing to cool labor markets and tame inflation, a few economic and technological truths have become evident ... better together ... .
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In the battle with robots, human workers are winning

Standard-Speaker 10 Oct 2022
Even then, predictions of robot dominance were not quite panning out, but the pandemic and its aftermath ought to radically shift our thinking. Now, as central bankers around the world are rushing to cool labor markets and tame inflation — a lot of policymakers are hoping that ...
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The Guggenheim’s Scapegoat

The Atlantic 03 Oct 2022
Guggenheim—and his son, Peter Lawson-Johnston II, if radical change was in the air? What about the investment banker Paul Cronson, whose appointment coincided with one Mary Sharp Cronson becoming a trustee emeritus? (She is his mother.) The museum needed to show it was taking action.
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How Kwasi Kwarteng’s budget-busting growth plan turned into week from hell

The Observer 30 Sep 2022
“we are sticking to the growth plan” ... But the pair chose to throw in more costly and contentious measures, including scrapping the 45p top rate and uncapping bankers’ bonuses. In total, it was the biggest tax-cutting package for 50 years, and came on top of the radical energy price guarantee ... ‘The UK seems to have imploded’ ... Read more ... 03.29 ... .
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Italy, Sweden, and the far right in Europe

Vox 24 Sep 2022
Her main goal is not to scare off the EU with excessively radical proposals and many things she has been saying against the EU — she was calling the EU an organization of bankers and a threat to the national sovereignty of Italy — we do not hear any of these [now] ... Jen Kirby So it may not be as radical a change, even if the symbolism is jarring.

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