Ken Griffin Argues Finance Would Become More Competitive With Big Bank Breakup

Ken Griffin Argues Finance Would Become More Competitive With Big Bank Breakup

Ken Griffin, founder and chief executive officer Citadel. Photographer: Patrick T. Fallon/Bloomberg On Monday morning, President Donald Trump floated the idea of a so-called 21st century Glass-Steagall Act, in which the largest banks in the United States would be broken...
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Labour to guarantee EU citizens rights if wins election

\ Britain’s opposition Labour Party will immediately guarantee the rights of millions of EU citizens living in the UK if it wins a June election, it said on Tuesday, setting out a Brexit strategy aimed at eating into Prime Minister...
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Finance chief wants bank secrecy eased before tax amnesty

Finance chief wants bank secrecy eased before tax amnesty

MANILA – The bank secrecy law needs to be relaxed before the government considers a tax amnesty program, according to Finance Sec. Carlos Dominguez. Dominguez said that while the government may consider a tax amnesty program in the future, he...
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May wins parliament’s backing for June 8 snap election

Prime Minister Theresa May won parliament’s backing for an early election on Wednesday, a vote she said would strengthen her hand in divorce talks with the European Union and help heal divisions in Britain. May surprised allies and opponents on...
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After Brexit, EU bets on risk, green finance to relaunch capital plan

After Brexit, EU bets on risk, green finance to relaunch capital plan

The European Union will focus on infrastructure, green and risk finance to boost funding for the economy, a European Commission vice president said on Tuesday, noting Britain’s departure could deprive the EU of its largest financial centre. The commission la...
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Ireland Said to Weigh Bank Regulator Shake-Up Amid Brexit Influx

Ireland Said to Weigh Bank Regulator Shake-Up Amid Brexit Influx

Ireland’s central bank is considering splitting the role of deputy governor for financial regulation into two positions, according to a person with knowledge of the industry, anticipating the demands the institution may face from an influx of banking jobs po...
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