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Tax hikes, tough regulators: What Democratic sweep may hold for banks
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
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Thanks to Georgia, don’t give up hope on a $2,000 stimulus check just yet.
Democrats Rev. Raphael Warnock and Jon Ossoff defeated Sens. Kelly Loeffler and David Perdue in Georgia’s US Senate runoff elections on Tuesday, giving Democrats a slim margin in the Senate. Democratic control of the White House, House of Representatives, and Senate has big policy implications in terms of what can be accomplished including more stimulus to boost the economy as the Covid-19 pandemic continues.
In other words, more help could be on the way.
The margin in the Senate is going to be a tight one 50-50, with Vice President-elect Kamala Harris casting the deciding vote to get a majority. But it also means that President-elect Joe Biden’s agenda has a much greater chance of being enacted, and that at least parts of
Author Lindsey WhiteRobert Clark
A polar bear roams the Arctic National Wildlife Refuge in Alaska, where several large banks have ceased
funding new oil and gas exploration.
Source: P. de Graaf /Moment via Getty Images
An Alaskan wildlife refuge is at the center of an escalating, highly politicized sustainability debate that has pulled in big banks, federal regulators, Congress, climate activists, the oil-and-gas industry and the local Native community.
The Office of the Comptroller of the Currency introduced a polarizing proposal that would require big banks to reverse course on lending policies introduced to combat climate change. With just three weeks to go before the comment deadline closes, the banking industry and sustainability community are locked in battle with the oil-and-gas industry and an outgoing Republican administration that has made moves to dismantle policies seen as friendly to the environmental, social and gove
Biden win gives Maxine Waters a power boost
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
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PHILADELPHIA, Dec. 10, 2020 /PRNewswire/ FS KKR Capital Corp. (NYSE: FSK ) today announced that it has completed its previously announced underwritten offering of $1,000,000,000 in aggregate principal amount of its 3.400% unsecured notes due 2026 (the Notes ). BofA Securities, Inc., BMO Capital Markets Corp., ING Financial Markets LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc., J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Mizuho Securities USA LLC and KKR Capital Markets LLC acted as joint book-running managers for this offering. Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, Barclays Capital Inc., Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC acted as joint lead managers for this offering. BNP Paribas Securities Corp., SG Americas Securities, LLC, Compass Point Research & Trading, LLC, ICBC Standa
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