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Author: KMFSLLP

22 Aug FOCUS-Mizuho’s new leader tackles makeover of megabank

Posted at 15:00h in News by KMFSLLP 0 Comments

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When Tatsufumi Sakai was named chief executive and president of Mizuho Financial Group this year, many bankers and investors were surprised.

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22 Aug UPDATE 1-U.S. banking profits hit record $60 bln in 2nd qtr -FDIC

Posted at 14:46h in News by KMFSLLP 0 Comments

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The U.S. banking sector reported a record $60.2 billion in profits in the second quarter, up 25.1 percent from the same period one year ago.

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22 Aug U.S. Senate banking panel votes 13-12 to advance Trump’s pick as CFPB head

Posted at 14:30h in News by KMFSLLP 0 Comments

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The U.S. Senate Banking Committee voted on Thursday to advance President Donald Trump's pick to lead the nation's top consumer watchdog, despite criticism from Democratic senators.

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22 Aug U.S. banking sector profits hit record $60.2 bln in Q2 2018 – FDIC

Posted at 14:30h in News by KMFSLLP 0 Comments

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The U.S. banking sector reported a record $60.2 billion in profits in the second quarter of 2018, up 25.1 percent compared to the same time one year ago.

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22 Aug UPDATE 2-ECB hawk Weidmann sees chances dimming of succeeding Draghi

Posted at 14:24h in News by KMFSLLP 0 Comments

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* Bundesbank chief Weidmann a tough sell for ECB presidency (Adds Merkel comment)

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22 Aug WRAPUP 1-Drop in U.S. jobless claims points to labor market strength

Posted at 14:22h in News by KMFSLLP 0 Comments

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The number of Americans filing for unemployment benefits fell last week, a sign the labor market was holding firm despite tensions between the United States and its trading partners that have led to tit-for-tat tariffs.

22 Aug Germany’s Merkel has made no decision on next ECB chief

Posted at 14:13h in News by KMFSLLP 0 Comments

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German Chancellor Angela Merkel said on Thursday she had taken no decision yet on who she wanted to be the next president of the European Central Bank, adding that discussions were only just starting on top European jobs to be filled next year.