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The Senate and the CEOs: panto at its worst

The annual Senate quizzing of US big bank chief executives threw up all the usual favourite partisan arguments, but little else. If this is oversight, it often lacks insight. ....

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State Street plans to lay off 1,500 employees

The company will incur about $175 million-$200 million in severance costs associated with the layoffs, said vice chairman and chief financial officer Eric Aboaf. ....

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Abu Dhabi Draws A Line In The Sand As The Capital Of Capital

ADFW 23 demonstrated to the world why Abu Dhabi is the capital markets hub of MENA as investment management and fintech firms and talent flocks to the region. ....

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8 Wall Street Bank CEOs Reluctant To Take A Stand On Cannabis Reform After Sen. Questions Them During Hearing - Bank of America (NYSE:BAC), Bank of New York Mellon (NYSE:BK)

In a three-hour Senate Banking Committee hearing on Wednesday, US. Sen. Raphael Warnock (D-GA) asked eight CEOs of the biggest banks in the country to raise their hands if they support the SAFER Banking Act. ....

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CEOs of the nation's biggest banks warn that new regulations could harm the economy

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin. ....

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