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The Circleville Police Department fired officer Ryan Speakman last week. His termination came after a July 4 incident where he released his police dog on Jadarrius Rose following a lengthy vehicle pursuit. The report details Speakman returning to Baer and adding more names to the two-page list, including his family members. The documents detail an incident where Speakman unloaded bullets from the magazine of a fellow officer’s firearm. According to the report, Speakman took full responsibility for his actions.

Persons: Ryan Speakman, Jadarrius, Speakman, Shawn Baer, Baer, ” Baer, “, “ Ryan, ” Speakman, he’d, ”, Benjamin Crump, Rose Organizations: CNN, Circleville Police Department, Benevolent Association, Ohio Patrolmen’s Benevolent Association, Guardian, Circleville Police, Force, Police Department, Circleville’s Department of Human Resources Locations: Ohio, Scioto, Rose

Three months ago, a Reuters poll predicted prices would average $1,950 in 2023. Standard Chartered analyst Suki Cooper said gold is "more likely to test the downside until rate cuts materialise unless a new catalyst emerges". For silver , the poll forecast average prices of $23.52 an ounce in 2023 and $25.00 in 2024. "Anaemic performance from gold and concerns over economic outlook especially in China" have weighed on silver, O'Connell added. But silver could still find support from solar panels demand, analysts said.

Persons: Ross Norman, Carsten Menke, Julius Baer, Suki Cooper, Rhona O'Connell, Silver, O'Connell, Ashitha Shivaprasad, Harshit Verma, Arpan Varghese, Barbara Lewis Organizations: Federal Reserve, U.S, Thomson Locations: China, Bengaluru

☆ US bank regulators announce sweeping proposals on capital rules
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +4 min

WASHINGTON, July 27 (Reuters) - U.S. regulators unveiled a sweeping overhaul Thursday that would direct banks to set aside billions more in capital to guard against risk. If fully implemented, the proposal would raise capital requirements for large banks by an aggregate 16% from current levels, with the brunt felt by the largest and most complex firms, regulators said. Here are key quotes about the proposal:FINANCIAL SERVICES FORUM CEO KEVIN FROMER"There is no justification for significant increases in capital at the largest U.S. ANDY DUANE, ATTORNEY AT POLUNSKY BEITEL GREEN "Raising capital requirements could see regional banks shift away from mortgage lending. Even larger bank lenders could continue to retreat from mortgage lending or impose sharp increase in fees passed along to borrowers."

Persons: KEVIN FROMER, RICK MECKLER, CHERRY, MAYRA RODRIGUEZ VALLADARES, KENNETH BENTSEN, BRIAN MOYNIHAN, ANDY DUANE, GREG BAER, Pete Schroeder, Matt Tracy, Tatiana Bautzer, Nupur Anand, Sinead Carew, Lananh Nguyen, Nick Zieminski Organizations: Regulators, NEW VERNON, NEW, MRV, AMERICA, FOX, Thomson Locations: U.S, CHERRY LANE, NEW JERSEY, Basel, United States, Washington, New York

☆ Police officer fired after unleashing dog on Black man in Ohio traffic stop
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +2 min

July 26 (Reuters) - Police in Circleville, Ohio, on Wednesday fired an officer who unleashed his dog on a Black man during a highway traffic stop and ordered the animal to attack even though the man had his hands raised, according to video of the incident. "Officer (Ryan) Speakman did not meet the standards and expectations we hold for our police officers. Officer Speakman has been terminated from the department, effective immediately," police in a statement. The vehicle was missing a mud flap and it had failed to stop for an inspection, a report from the Ohio State Highway Patrol (OSHP) said. Moments later, an officer with the Circleville Police Department unleashed a police dog on Rose even though a state trooper told the local officer not to release the dog.

Persons: Ryan, Speakman, Jadarrius Rose, Rose, Shawn Baer, Daniel Trotta, Jamie Freed Organizations: Police, Wednesday, Ohio Patrolmen's Benevolent Association, Highway Patrol, Circleville Police Department, Circleville Police, Thomson Locations: Circleville , Ohio, Ohio, Columbus, Rose

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Persons: Dow Jones Locations: california

Persons: Dow Jones Locations: california

☆ European markets lower; fresh data shows rising recessionary risks
▼ + stars: | 2023-07-24 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

LONDON — European markets were mixed on Monday as investors digest the inconclusive results of Spain's election and look ahead to a busy week of corporate earnings and central bank meetings. The pan-European Stoxx 600 moved lower in early afternoon deals, falling 0.1%, with all major bourses trading in negative territory. Fresh data pointed to a slowdown in business activity in France, Germany and the U.K. in July, adding to recessionary risks in Europe. Markets in Asia-Pacific were mixed Monday as investors digested key economic data from across the region. Japan's the Nikkei 225 gained 1.29% to start the week after new data showed business activity expanded for a seventh straight month.

Persons: Switzerland's Julius Baer Organizations: Sunday, European Central Bank, Nikkei, Bank of Japan, Federal Reserve, Meta, Microsoft, Vodafone, Ryanair, Italy's Locations: France, Germany, Europe, Asia, Pacific

☆ Fmr. Assistant AG Bill Baer weighs in on the future of antitrust law
▼ + stars: | 2023-07-24 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. Assistant AG Bill Baer weighs in on the future of antitrust lawBill Baer, Fmr. Assistant Attorney General, joins 'Power Lunch' to discuss the future for antitrust law.

Persons: Bill Baer, Fmr

☆ Gold hits 2-month high as dollar struggles on Fed pause views
▼ + stars: | 2023-07-21 | by ( ) www.cnbc.com time to read: +2 min

Gold bars and gold coins in different sizes are lying in a safe on a table at the precious metal dealer Pro Aurum. Gold prices advanced to their highest in about two months on Thursday, driven by U.S. dollar's weakness and growing expectations that the Federal Reserve would conclude its aggressive rate-hiking cycle at its meeting next week. "The recent reversal in gold prices is very much driven by the expectation that the Fed is almost done in terms of interest rate hikes," said Julius Baer analyst Carsten Menke. "That said, we believe interest rates are set to stay high and a rapid reversal of monetary policy is not imminent due to the resilience of the U.S. economy. Furthermore, we believe that interest rate levels are too high to lure gold investors back into the market."

Persons: Ross Norman, Julius Baer, Carsten Menke Organizations: Aurum, Federal, U.S ., U.S, Fed Locations: U.S

☆ Charles Schwab Survived the Deposit Crisis. What Comes Next?
▼ + stars: | 2023-07-20 | by ( Justin Baer | ) www.wsj.com time to read: 1 min

Charles Schwab is best known as the largest publicly traded U.S. brokerage firm, but it also runs a large bank that isn’t quite too big to fail. Investors are behaving as if a bit of good news about that bank means this year’s regional-banking crisis might be winding down.

Persons: Charles Schwab

CNN —Soccer players at the 2023 Women’s World Cup will on average earn just 25 cents for every dollar earned by men at their World Cup last year, a new CNN analysis found. In addition to prize money, FIFA committed to paying $42 million to the federations and players’ clubs for Women’s World Cup preparations. Havana Solaun (R) and Jamaica are appearing at their second ever Women's World Cup. But for the players, equal pay encompasses more than simply closing this gap to the salaries enjoyed by male footballers. June 2023 A record $110 million prize pot negotiated for the Women’s World Cup, at least $30,000 guaranteed for every player.

Persons: Gianni Infantino, Sam Kerr, Megan Rapinoe, Alex Morgan, Bob Marley’s, Cedella, Havana Solaun, Brendon Thorne, hadn’t, Jamaica’s Chinyelu Asher, ”, ” Asher, Asher, Saeed Khan, Morgan, Rapinoe, Cristiano Ronaldo, Brad Smith, ” Jonas Baer, Hoffmann, FIFPRO’s, It’s, that’s, –, Infantino, Baer, “, ringfenced, Ali Riley, CNN’s Amanda Davies, Riley, “ It’s, ” Ali Riley, Catherine Ivill, Women’s Soccer Australia Heather Reid, ” Riley, England’s Lionesses, ” FIFPRO’s Baer, – Carli Lloyd, Hope, Becky Sauerbrunn –, ” Lloyd, — Jan, USWNT, Lloyd, ” Reid, ’ Organizations: CNN — Soccer, CNN, FIFA, New Zealand, Women’s, US, National, Australia, Havana, Getty, Jamaica Football Federation, ’, CNN Sport, Forbes, USSF, CONCACAF, Africa, of Nations, Olympic, –, Canada Soccer, teams, Women’s Soccer Australia, English Football Association, French Football Federation, Royal Belgium Football Association, FIFA’s, US Soccer, States Women’s National, Football Federation, USWNT, Soccer, Court, Central, Central District of, The New York Times, LA Times, Guardian, Reuters, “ Locations: Australia, New, New Zealand, Jamaica, Canada, South Africa, Spain, Havana, AFP, France, Infantino, Germany, Iceland, Netherlands, Norway, United States, Qatar, country’s, Sweden, Spanish, England, Central District, Central District of California, Canadian, El, China

LONDON, July 18 (Reuters) - The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resilient credit markets. Now, long-feared corporate debt woes are starting to hit home, while more companies are being downgraded to a junk credit rating - facing higher borrowing costs as a result. Retailer Casino, with 6.4 billion euros ($7.19 billion) of net debt, is in court-backed talks with creditors; Britain's Thames Water is in the headlines with its 14 billion pound ($18.32 billion) debt pile. For FACTBOX: Corporate debt woes are on the rise, click here. Nonetheless, not all firms may be able to survive the challenges of vast debt, higher interest and business costs and declining profits.

Persons: Julius Baer's, Markus Allenspach, Guy Miller, Miller, it's, Aymen Mahmoud, McDermott Will, Emery, Elena Lieskovska, Chiara Elisei, Dhara, Christina Fincher Organizations: SBB, P Global, U.S, Reuters, ICE, Zurich Insurance, ABN AMRO, European Central Bank, London Finance, Bain Capital, Thomson Locations: Swedish, Spain, Europe

☆ UBS investors warm to Credit Suisse deal
▼ + stars: | 2023-07-17 | by ( Oliver Hirt | ) www.reuters.com time to read: +6 min

Several fund managers who hold UBS stock have told Reuters they think UBS has bought Credit Suisse at a good price, with some even describing it as a steal. "UBS got Credit Suisse for practically nothing, so accordingly the deal will work out for them," another investor told Reuters. Still, UBS inherits a troubled legacy at Credit Suisse, said Thomae, pointing to legal risks which UBS has said could cost billions of dollars. Rivals have poached entire teams from Credit Suisse, he said, and some clients are likely to follow them. Deka's Thomae said UBS and Credit Suisse together would have a market share in Switzerland that is just within acceptable limits.

Persons: Colm Kelleher, Guy de Blonay, Andreas Thomae, Thomae, de Blonay, De Blonay, JP Morgan, Kian Abouhossein, Julius Baer, Deka's Thomae, Oliver Hirt, John Revill, David Holmes Organizations: Credit Suisse, UBS, Switzerland's, Reuters, Jupiter Asset Management, CS, Swiss, UBS AG, Credit Suisse AG, STATE, Deka Investment, Fund, Rivals, Suisse, JP, Suisse's, Investors, Credit, Thomson Locations: ZURICH, Suisse's Swiss, Switzerland

☆ Julius Baer wants to double assets under management - Handelsblatt
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: +1 min

ZURICH, July 10 (Reuters) - Swiss bank Julius Baer (BAER.S) can double its assets under management to 1 trillion Swiss francs ($1.12 trillion), CEO Philipp Rickenbacher said in an interview with German daily Handelsblatt on Monday. Achieving the goal would mean a massive increase from the 429 billion francs in assets that Julius Baer currently manages, but it is possible, the daily reported, adding that Rickenbacher declined to give a timeline on when the target could be achieved. "But we are in growth mode and such ambitions are not unrealistic," he said, adding that attracting former Credit Suisse clients will take time. "Perhaps the market has overestimated the speed of the shifts," Rickenbacher said. ($1 = 0.8912 Swiss francs)Reporting by John Revill; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

Persons: Julius Baer, Philipp Rickenbacher, Rickenbacher, John Revill, Sherry Jacob, Phillips Organizations: Credit Suisse, Silicon Valley Bank, Thomson Locations: ZURICH, Swiss, Silicon

☆ These funds were the best performing in the first half — and here are their favorite stocks
▼ + stars: | 2023-07-06 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

"The US-led equity rebound in 1H 2023 was unusually concentrated in the so-called 'magnificent seven' mega-cap tech stocks. Other artificial intelligence-themed stocks broadly benefited from the excitement around its long-term potential as well, such as semiconductor stocks," said Cheung. He added that was reflected in the top performing Morningstar categories, which were U.S. large-cap growth equity, technology sector equity, and Taiwan equity — based on category average returns. Here are the top performing, actively managed equity funds in the first half of the year, according to data from Morningstar. Here are some stocks that appeared most often in the top 10 holdings of the funds, with potential upside to price targets and buy ratings, according to FactSet.

Persons: Bryan Cheung, Julius Baer, Cheung Organizations: Morningstar, CNBC Pro, Investors Locations: Swiss, Taiwan, U.S, Argentine, Asia

☆ Bank Deals Are Back on the Table. Getting One Done Could Be Messy.
▼ + stars: | 2023-07-04 | by ( Justin Baer | Gina Heeb | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ These global and U.S. stocks are set to soar further after a strong first half, analysts say
▼ + stars: | 2023-07-04 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Among global stocks, Japan was the top performer, with shares up over 16% year-to-date at the mid-year, according to data compiled by Julius Baer, while European stocks gained 7.47%. All of the stocks have a buy rating from at least 60% of analysts covering them. They are also well-loved by analysts, with a more-than 70% buy rating and over 30% potential upside. Baidu also appears on CNBC Pro's screen, with 32% potential upside and a 74% buy rating. Super Hi, the international operator of the wildly popular Chinese hotpot chain Haidilao, also has among the highest potential upside at 51%.

Persons: Julius Baer, Buffett, Morgan Stanley, bullish Organizations: CNBC Pro, Chrysler, Baidu, CNBC, Warner Bros Discovery, MGM Resorts, Caesars Entertainment Locations: Japan, China, Swiss

☆ Singapore is the most expensive city for a life of luxury, according to a new ranking. 2 US cities make the top 10.
▼ + stars: | 2023-07-02 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Singapore is the most expensive city for living in luxury, per a report by the Julius Baer Group. Rent, house prices, school fees, taxes on cars, and living expenses are all high in the city-state. Singapore pushed Shanghai off the podium, marking the first time the Asian city-state topped the ranking. By the end of 2022, Singapore had an estimated 1,500 family offices – twice the number of the previous year. Here is Julius Baer's ranking of the 10 most expensive cities for "living well":

Persons: Julius Baer, —, Long, –, Julius Baer's Organizations: Julius Baer Group, Service, Privacy, Singapore Locations: Singapore, Shanghai, Hong Kong, London, New York, Swiss

☆ What could break as interest rates rise?
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +5 min

Sweden, where rates rose again on Thursday, is one to watch with most homeowners' mortgages moving in lockstep with rates. Reuters Graphics2/ REAL ESTATE: PART 2Having taken advantage of the low rates era to borrow aplenty and buy up property assets, the commercial real estate sector is grappling with higher debt refinancing costs as rates rise. "The single most important thing is interest rates. But not just interest rates; what it is equally important is the predictability of rates," said Thomas Mundy, EMEA head of capital markets strategy at real estate firm JLL. "If we were settled on an interest rate, real estate prices could adjust.

Persons: Richard Portes, Thomas Mundy, Banks, Florian, Ielpo, Jerome Powell, Markus Allenspach, Julius Baer, Nick Kraemer, Wagner, Vladimir Putin's, Putin, Tina Fordham, Chiara Elisei, Naomi Rovnick, Nell Mackenzie, Karin Strohecker, Vincent Flasseur, Kripa Jayaram, Sumanta Sen, Pasit, Dhara Ranasinghe, Alison Williams Organizations: International Monetary Fund, Reuters, Federal, Finance, London Business School, Lombard, Federal Reserve, Casino, Sweden's SBB, Fordham Global Foresight, Thomson Locations: Britain, Norway, Russia, Sweden, lockstep, London's, City, RUSSIA, Ukraine

☆ Gold prices steady on softer dollar, focus on economic cues
▼ + stars: | 2023-06-27 | by ( Arundhati Sarkar | ) www.reuters.com time to read: +2 min

Spot gold held its ground at $1,923.09 per ounce by 1200 GMT while U.S. gold futures edged down 0.1% to $1,932.90. The dollar index (.DXY) eased slightly, making dollar-priced bullion more attractive for overseas buyers. Meanwhile, Julius Baer analyst Carsten Menke said that high interest rates are offering other alternatives than gold to safe-haven seekers. Spot silver rose 0.5% to $22.88 an ounce and was on track for a third straight session of gains. Reporting by Arundhati Sarkar and Seher Dareen in Bengaluru Editing by Christina Fincher, David Goodman and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Han Tan, Jerome Powell's, Julius Baer, Carsten Menke, Arundhati Sarkar, Seher, Christina Fincher, David Goodman, Louise Heavens Organizations: Federal, Fed, European Central Bank, Thomson Locations: U.S, United States, Sintra, Bengaluru

☆ 32 of the biggest failed products from the world's biggest companies
▼ + stars: | 2023-06-23 | by ( Ben Gilbert | Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

We put together 32 of the world's biggest flops, from Nintendo's Virtual Boy to Google Glass. Morning Brew Insider recommends waking up with, a daily newsletter. "Less than 3% of new consumer packaged goods exceed first-year sales of $50 million — considered the benchmark of a highly successful launch," say Joan Schneider and Julie Hall, co-authors of "The New Launch Plan." That's part of the reason that the most heavy-hitting names in business — from Nintendo to Netflix, Microsoft to McDonald's — have had some of the biggest belly flops. Here's a look at 32 of those flops, and what we can learn from them.

Persons: Jeff Bezos, Joan Schneider, Julie Hall, —, Aimee Groth, Jay Yarow, Drake Baer Organizations: Amazon, Nintendo's, Google, Nintendo, Netflix, Microsoft

☆ These are the most expensive cities if you want to live in luxury, according a Swiss private bank
▼ + stars: | 2023-06-20 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Singapore is the most expensive city for living in luxury, per a report by the Julius Baer Group. Rent, house prices, school fees, taxes on cars, and living expenses are all high in the city-state. The Swiss private bank released its 2023 Global Wealth and Lifestyle Report on Tuesday. By the end of 2022, Singapore had an estimated 1,500 family offices – twice the number of the previous year. Here is Julius Baer's ranking of the 10 most expensive cities for "living well":

Persons: Julius Baer, —, Long, –, Julius Baer's Organizations: Julius Baer Group, Service, Privacy, Singapore Locations: Singapore, Shanghai, Hong Kong, London, New York, Swiss

☆ Vanguard Fined for Misleading Money-Market Fund Customers
▼ + stars: | 2023-06-01 | by ( Justin Baer | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Franklin Resources to Acquire Putnam Investments From Great-West Lifeco
▼ + stars: | 2023-05-31 | by ( Justin Baer | Dean Seal | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/franklin-templeton-to-acquire-putnam-investments-from-great-west-lifeco-6e4b7baa

Persons: Dow Jones, templeton Organizations: franklin, putnam

The region's benchmark Stoxx 600 index closed 0.6% lower, with sectors mixed as trading came to a close. Household goods fell 2.5% as industrials dropped 1.3%, while oil and gas stocks gained 0.9%. The euro zone Composite Purchasing Managers' Index for May showed solid growth that continued to be driven by services, with manufacturing hit by weak demand and a fall in selling prices. "Eurozone GDP is likely to have grown in the second quarter thanks to the healthy state of the services sector. However, the manufacturing sector is a powerful drag on the momentum of the economy as a whole," said Cyrus de la Rubia, chief economist at Hamburg Commercial Bank.

Persons: Cyrus de la Rubia Organizations: Hamburg Commercial Bank Locations: Hamburg, France

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