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The deals came with conditions about Trump’s net worth and, sometimes, liquidity, and they often required annual submissions of his financial statements. But, testifying for the defense, managing director David Williams said the bankers viewed clients' reports of their net worth as “subjective or subject to estimates” and took its own view of such financial statements. The attorney general's office, however, has maintained that such adjustments were never intended to account for the alleged fraud. He asserted in his own testimony this month that his lenders cared more about property locations and the parameters of the deals than they did about the financial statements. “Are you aware of any time Deutsche Bank didn’t adhere to its own guidelines in making loans to President Trump?” defense attorney Jesus M. Suarez asked.

Persons: Donald Trump's, Letitia James, Trump, baldly, David Williams, “, it’s, ” Williams, Williams, “ It’s, Nicholas Haigh, ”, Arthur Engoron, There's, Engoron, James, Jesus M, Suarez, James ’, haven’t Organizations: Deutsche Bank, D.C, New York, Democrat, Trump Locations: Florida, Chicago, Washington, New York

☆ Live updates: Trump to surrender to Fulton County authorities in Georgia 2020 election case
▼ + stars: | 2023-08-24 | by ( Leinz Vales | Aditi Sangal | ) edition.cnn.com time to read: +3 min

The argument, filed as a third-party brief in proceedings where Clark and Meadows seek to move the Georgia state charges to federal court, musters support for keeping the entire case in state court. A judge is set to consider arguments from Meadows and potentially Clark on Monday on moving the case, after both have asked to do so. "The conduct charged here by the Fulton County District Attorney— interference by Mark Meadows and Jeffrey Clark with the 2020 presidential election in Georgia in order to aid Donald Trump’s candidacy—bore no connection to any duty of Mr. Meadows’s, Mr. Clark’s, or Mr. Trump’s office. "Removal would be perverse, as this prosecution arises from interference with state-government operations and seeks to vindicate Georgia’s voice in a federal election, the very contest from which federal authority flows." Trump could ask for similar protection as president but has not formally asked the court to consider moving his case at this time.

Persons: Mark Meadows, Jeffrey Clark, Trump, Clark, Meadows, Donald Trump’s, —, Meadows’s, Clark’s, Georgia’s, Michael Luttig, New Jersey William Weld, John Farmer Jr, Stuart Gerson, Reagan, George H.W Organizations: Getty, Trump, Department, Attorney, Republican Locations: Fulton County , Georgia, Georgia, Meadows, Atlanta, Fulton County, Massachusetts, New Jersey

Former BoE policymaker Kate Barker told the Financial Times this weekend that targetted and temporary tax rises on top earners may be the most effective and fairest way to go. "We're asking monetary policy to do all the work," she said. But the political sensitivity of income tax likely dictates the way forward, however cogent the economics. Yet the more general point of fiscal policy helping with the final throes of the inflation battle continues to be made. "Fiscal Policy should remain aligned with monetary policy in the fight against inflation," the Fund concluded.

Persons: BoE policymaker Kate Barker, President Biden, Mike Dolan, Matthew Lewis Organizations: International Monetary Fund, Bank for International, U.S, Bank of, Financial Times, Fed, U.S . Bureau of Labor Statistics, Britain's, National Statistics, Reuters Graphics Reuters, Reuters, Republicans, Twitter, Thomson Locations: Britain, London

☆ Her Novel Became a Best Seller. The Trouble: The Manuscript Was Stolen.
▼ + stars: | 2023-05-16 | by ( Amal El-Mohtar | ) www.nytimes.com time to read: +3 min

If this reads as a quite on-the-nose critique of contemporary conversations about race and appropriation, that’s because it is. It is in fact so obvious that it makes one wonder why Kuang uses the device of an unreliable narrator at all. Instead, June’s methodology is consistently to tell the reader her trespasses and offer flimsy justifications for them. These moments suggest the kinds of layers and intrigue the book could have maintained if it weren’t so committed to showing its hand. “Yellowface” is a kind of Art Monster story, but one that can’t allow room for ambiguity or revelation without rushing in to fill that space.

REUTERS/Murad Sezer/IllustrationORLANDO, Florida, March 27 (Reuters) - The most extraordinary outcome of the March banking shock would be if the problem dissipated quickly. Many people hope the crisis of confidence infecting global banking this month can be repelled almost as quickly as it appeared. SAVINGS AND LOANS DEBACLEThe easy comparison for any banking or market turmoil is the GFC of 2007-08. But crises don't have to be equal to or worse than the world's most calamitous financial disaster in a century to be extremely damaging. But other banking crises follow the same playbook, even if their outcomes are not as extreme.

March 24 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. It might not be on a par with Powell's assurances - bank stocks still fell - but perhaps sentiment will improve on Friday. But many economists say broader price pressures remain strong throughout the economy, which could force the Bank of Japan to phase out or scrap its yield curve control policy soon. Here are three key developments that could provide more direction to markets on Friday:- Japan consumer price inflation (February)- Japan flash PMIs (March)- Australia flash PMIs (March)By Jamie McGeever;Our Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Wall Street giant Goldman Sachs - often a market mover with its big macro calls - is a good example. Last month's Bank of America survey of fund managers around the world still had net 68% expecting recession this year. Rates markets reared up to price Fed rates back above 5% and now expect them higher at yearend than they are today. And yet market volatility gauges have stayed peculiarly serene. Bond market volatility (.MOVE) remains well above its 20-year mean - but it has retreated sharply to two-thirds of last year's peaks.

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