Bank

The European Banking Union Also Means Cross-Border Bank Consolidation – Verfassungsblog – Go Health Pro

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The European Banking Union Also Means Cross-Border Bank Consolidation – Verfassungsblog – Go Health Pro

EU Law as a Bulwark Against National Political Interference in the UniCredit-Commerzbank Tie-Up Few things may seem further removed from the delicate politico-constitutional dynamics of EU integration than cross-border bank consolidations. However, a heated debate on the benefits and risks of EU’s unfinished-effort to establish a Banking Union erupted on 11 September 2024, when the … Read more

China should act on deflation, former central financial institution governor warns – Go Well being Professional

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China should act on deflation, former central financial institution governor warns – Go Well being Professional

Keep knowledgeable with free updates Merely signal as much as the Chinese language economic system myFT Digest — delivered on to your inbox. China must take swift motion to reverse deflationary pressures, former central financial institution governor Yi Gang has mentioned, in a uncommon acknowledgment of what economists more and more see as one of … Read more

Aon’s White Rock sues China Development Financial institution for damages over Vesttoo collateral fraud – Go Well being Professional

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Aon’s White Rock sues China Development Financial institution for damages over Vesttoo collateral fraud – Go Well being Professional

Aon’s segregated accounts firm White Rock Insurance coverage (SAC) Ltd. has filed a lawsuit in New York towards China Development Financial institution, alleging an “inside man” on the financial institution had represented that letters of credit score (LOC) concerned within the Vesttoo fraud had been genuine, and claiming a minimal $140 million in damages from … Read more

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