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Welcome To IANS Live - BUSINESS - US bank shares tumble despite Biden insisting system is safe

Susannah Streeter, head of money and markets at Hargreaves Lansdown, said her admission that fresh regulations may be needed to stop further failures exposes weaknesses in the current system and now lawmakers will be asked to toughen the rules, The Guardian reported. So, ....

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CNN CNN Newsroom Live June 4, 2024 07:11:00

I will say that banks of all sizes have been pushing back against the idea of holding more capital. i think those arguments will be hard to sustain when you see an incident like this. it kind of reminds everybody, we need to know the regulatory is safe, smaller institutions, have a ripple in effect and private equity, shadow banks are going to be under more scrutiny because of this. what i wonder those is did nobody see this coming? i mean was there no oversight and in terms of bank regulators were they completely absent? no, i wouldn t say that, i really wouldn t say that. i would have to say that foaft-2008 the large systemic financial institutions, the big banks in they fall you start to get a global domino effect that brings down the economy. this is thought what we re talk technicalling about here. but what it does underscore is that as the interest rate ....

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Unpaid oil and gas taxes: Statement from Minister Schulz

Minister of Municipal Affairs Rebecca Schulz issued the following statement regarding unpaid taxes owed to municipalities from oil and gas companies operating in Alberta: ....

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LIVE NOW: House Committee Holds Hearing on 'Administration Wasteful Spending and Regulatory Overreach'

The U.S. House Financial Services Committee Oversight and Investigations subcommittee holds a hearing at 2:00 p.m. ET on March . ....

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Biden rebuffs UK bid for closer cooperation on tech

Britain is at risk of being sidelined as the US and EU set standards, tech and trade experts warn. ....

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