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☆ Wall Street CEOs Uncertain Fed Can Achieve Soft Landing
▼ + stars: | 2022-09-21 | by ( Andrew Ackerman | ) www.wsj.com time to read: 1 min

WASHINGTON—The heads of the largest U.S. banks expressed concerns about the state of the U.S. economy as they began two days of questioning Wednesday from Congress. Bank chief executives, including JPMorgan Chase & Co.’s Jamie Dimon , Citigroup Jane Fraser and Wells Fargo & Co.’s Charles Scharf , offered a favorable picture of an industry they say helped the economy recover from a pandemic-induced recession while warning of risks on the horizon.

☆ Citigroup CEO says higher rates to moderate growth in U.S,, world
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: 1 min

Citi CEO Jane Fraser speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2022. REUTERS/Mike Blake/File PhotoNEW YORK, Sept 21 (Reuters) - Citigroup CEO Jane Fraser told Congress on Wednesday higher rates to tame inflation are likely to moderate economic growth in the United States and in the rest of the world. "We are very concerned about the high prices that consumers are facing in America and indeed, around the world," she said in response to a question during the House of Representatives Financial Services Committee hearing. Register now for FREE unlimited access to Reuters.com RegisterReporting by Pete Schroeder and Lananh NguyenOur Standards: The Thomson Reuters Trust Principles.

☆ Citigroup plans to wind down UK retail bank as part of strategic refresh
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Chris Helgren/File PhotoSept 21 (Reuters) - Citigroup Inc said on Wednesday it was planning to wind down its retail bank in the United Kingdom, aiming to further streamline operations as part of its chief executive's strategy. Winding down its UK retail bank, which comprises just a single branch, would have no material financial impact on the company, the lender added. In May, executives at JPMorgan said its consumer bank Chase had attracted more than half a million customers in Britain. The UK plans were first reported by the Financial Times, which said Citi is not considering selling its UK retail operations. The bank has begun consultations with its UK retail banking staff, Citi said.

☆ U.S. bank CEOs set for congressional grilling by Democrats and Republicans
▼ + stars: | 2022-09-21 | by ( Pete Schroeder | ) www.reuters.com time to read: +2 min

People wearing masks for protection against the coronavirus disease (COVID-19) walk past the U.S. Capitol in Washington, U.S., September 4, 2022. read moreThe CEOs due to testify include the heads of the four largest U.S. banks: JPMorgan Chase & Co's Jamie Dimon, Wells Fargo's (WFC.N) Charles Scharf, Bank of America's (BAC.N) Brian Moynihan and Citigroup's Jane Fraser. They are set to be joined by US Bancorp (USB.N) CEO Andy Cecere, PNC Financial (PNC.N) CEO William Demchak and Truist's (TFC.N) Bill Rogers, who run the country's largest regional lenders. Democrats are likely to press bank executives on fees, the closure of bank branches in poorer areas and how banks are addressing fraudulent transactions. Some large banks have adopted policies that some Republicans say amount to boycotts of certain industries such as fossil fuels and firearms.

The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris HelgrenCompanies Citigroup Inc FollowNEW YORK, Sept 20 (Reuters) - Citigroup Inc introduced new diversity goals for gender, race and sexual orientation in its workforce for 2025, the bank said in a statement Tuesday. Citigroup became the first major Wall Street bank to appoint a woman, Jane Fraser, as its chief executive last year. Citigroup also expanded its worldwide hiring goals to include 3.5% of people who are lesbian, gay, bisexual, transgender and questioning in 2025 from the current 2.1%. And it further outlined aims for ethnic diversity in the U.K. and Brazil, and hiring college students from underrepresented communities.

☆ Bank CEOs to Go Before Congress, With Economy and High Inflation in Focus
▼ + stars: | 2022-09-20 | by ( Andrew Ackerman | ) www.wsj.com time to read: 1 min

JPMorgan Chase CEO Jamie Dimon is expected to warn about competing forces affecting the economy, such as strong consumer spending and disrupted supply chains. WASHINGTON—The heads of seven of the largest U.S. banks are set to face questions from Congress on hot-button issues including money-transfer scams, the state of the U.S. economy and a credit- and debit-card code that identifies when purchases are made at firearms stores. Bank chief executives, including JPMorgan Chase & Co.’s Jamie Dimon , Citigroup Inc.’s Jane Fraser and Wells Fargo & Co.’s Charles Scharf , plan to offer a favorable picture of an industry they say helped the economy recover from a pandemic-induced recession, according to prepared remarks. Two days of hearings start Wednesday.

☆ JPMorgan CEO Dimon to warn Congress of economic 'storm clouds' -testimony
▼ + stars: | 2022-09-20 | by ( Pete Schroeder | ) www.reuters.com time to read: +3 min

JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. REUTERS/Brian SnyderWASHINGTON, Sept 20 (Reuters) - JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon plans to tell Congress that the U.S. economy faces "storm clouds," according to prepared testimony. Dimon, who is due to testify alongside major U.S. bank CEOs at congressional hearings Wednesday and Thursday, will outline the competing forces buffeting the nation's economy. The hearing will seek CEO testimony on a range of issues, including consumer protection, compliance issues, diversity and "issues relating to the public interest" such as worker rights and abortion access, according to the memo. They will be joined by US Bancorp (USB.N) CEO Andy Cecere, PNC Financial (PNC.N) CEO William Demchak, and Truist Financial (TFC.N) CEO William Rogers, who run the country's largest regional lenders.

☆ Factbox: Meet the big bank CEOs set to be grilled by Congress
▼ + stars: | 2022-09-20 | by ( Pete Schroeder | ) www.reuters.com time to read: +5 min

In his prepared testimony, Moynihan touted the firm's focus on "responsible growth" as critical to its stability and strength. CITIGROUP INCJane Fraser, the first woman to lead a major Wall Street bank, was appointed in March 2021. In her prepared testimony, Fraser said the bank had made "significant progress" in divesting from those areas, while supporting institutional clients. U.S. Bancorp is currently the fifth largest bank in the U.S. with $582 billion in assets, and the largest bank outside of the "globally systemic" firms. Rogers describes the bank as "purpose-driven" in his prepared testimony, and highlighted efforts to boost investment in lower income and majority-minority communities.

☆ Big U.S. bank CEOs to be grilled by Congress on consumer, social issues
▼ + stars: | 2022-09-19 | by ( Pete Schroeder | ) www.reuters.com time to read: +5 min

The line-up includes the CEOs of the four largest U.S. banks: JPMorgan's Jamie Dimon, Bank of America's Brian Moynihan, Citi's Jane Fraser and Wells Fargo's Charles Scharf. They will be joined by USBancorp (USB.N) CEO Andy Cecere, PNC Financial (PNC.N) CEO William Demchak, and Truist Financial CEO William Rogers, who run the country's largest regional lenders. That's a message the banks' executives, lobbyists, and trade groups have conveyed during a marathon of private meetings with key lawmakers over the past few weeks, the sources said. But bank executives are also wary of growing criticism from Republicans, traditionally allies who have pushed back against heavy regulation, over what they see as Wall Street's increasingly liberal leanings on environment and social issues. While executives faced some critical questions from Republicans on such issues last year, the pressure will be greater this time, said analysts.

☆ Another big rate hike is coming. Lather. Rinse. Repeat
▼ + stars: | 2022-09-18 | by ( Paul R. La Monica | Cnn Business | ) edition.cnn.com time to read: +6 min

As such, experts' forecasts for the Fed's key short-term rate after the November meeting range from 3.5% to 4%. In other words, the Fed's rate hikes could ultimately lead to the economy cooling off more than the central bank would like. Too many big rate hikes risk "sending the economy into a mild recession," Chubb said. What's more, other central banks, mainly the European Central Bank, are likely to step up the pace and size of rate increases as well. "Major central banks still have work to do on inflation, including the Fed and the ECB.

"Thor: Love and Thunder" hit Disney Plus on September 8 as part of the service's Disney Plus Day event. "Thor: Love and Thunder" is also directed by Waititi, making it the second Thor film he's helmed, following "Thor: Ragnarok." How to watch 'Thor: Love and Thunder'"Thor: Love and Thunder" is now available to watch with a Disney Plus subscription. Disney Plus can be streamed via web browser or the Disney Plus app on most smart TVs, streaming players, or mobile devices. (L-R): Natalie Portman as Mighty Thor and Chris Hemsworth as Thor in Marvel Studios' "Thor: Love and Thunder."

☆ Citigroup CFO Mark Mason breaks down the bank's approach to data and technology projects
▼ + stars: | 2021-12-03 | by ( Carter Johnson | ) www.businessinsider.com time to read: +4 min

Citigroup, one of Wall Street's largest banks, is prioritizing consumer-banking technology. CFO Mark Mason told Insider about how Citi is using data to inform new tech opportunities. When Insider spoke with Mason, his team, like others across the bank, was in the middle of reviewing its annual budget. This year, Mason said, he and Fraser discussed how Citi's chief data officer for finance interacts with other data heads across the firm, including those in Citi's institutional and consumer businesses. Data on Citi's retail customers — for example, the bank counts more than 130 million credit-card customers across branded and cobranded offerings — is also important.

Prinţul Harry a ajuns la Londra la ora locală 13:45, cu doar 15 minute înainte de dezvelirea monumentului. În faţa ei, în pavaj, este scris un fragment din poemul „The Measure of A Man”, de Albert Schweitzer, care a fost citit la ceremonia de comemorare din 2017. Admiratorii prinţesei Diana au venit din diverse părţi ale ţării pentru evenimentul de joi. Diana, prinţesă de Wales, s-a născut pe 1 iulie 1961 şi a murit într-un accident, la Paris, pe 31 august 1997, când prinţul William avea 15 ani, iar prinţul Harry, 12 ani. Mai multe memoriale au fost create în Londra în memoria ei, inclusiv Diana Memorial Playground de la Palatul Kensington, Diana Memorial Fountain din Hyde Park şi Diana Memorial Walk de la Palatul St James.

Persons: Prinţul Harry, Diana, Ian Rank, William, Harry, Albert Schweitzer, Spencer, Lady Sarah McCorquodale, Lady Jane Fellowes, peisagistul Pip Morrison, Rupert Gavin, prinţesă, Wales, prinţul William, prinţul Harry, Diana Memorial, Hyde Park Organizations: Evenimentul, Palaces, Hyde, White Garden Locations: Londra, braţele, Man, Broadley, peisagistul, Paris, Kensington, St James

☆ Jane Fonda: Remember when she invented the workout video?
▼ + stars: | 2021-02-17 | by ( ) edition.cnn.com time to read: 1 min

"Jane Fonda's Workout" was a phenomenon when it released on VHS tape in 1982 recasting the actor, producer and renowned activist as a fitness guru. Source: CNN

☆ Topul BBC al celor mai influente 100 de femei în anul 2020
▼ + stars: | 2020-11-24 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

BBC a dezvăluit lista sa cu cele 100 de femei care şi-au pus amprenta asupra lumii în anul 2020, unul dintre cei mai complicaţi pe plan internaţional. Topul „BBC 100 de femei în 2020” conţine nume din diverse domenii, de la politiciene şi cercetătoare până la activiste, căntăreţe şi sportive. În top se mai află o scriitoare care a documentat viaţa din Wuhan în perioada izolării şi o autoare-compozitoare-interpretă care a luat atitudine pe tema violenţelor împotriva femeii. Sviatlana Ţihanouskaia, femeia care a îndrăznit să lupte împotriva lui Aleksandr Lukaşenko, cunoscut ca „ultimul dictator” al Europei”, se află la rândul ei în topul BBC. Sunt 100 de femei care conduc schimbarea şi fac diferenţa în aceste vremuri tulburi, notează BBC în prezentarea listei.

Persons: Jane Fonda, Sarah Gilbert, Oxford, Sviatlana, Aleksandr Lukaşenko Organizations: BBC Locations: activiste, Finlandei, Europei

☆ Nicole Kidman Leans Into the Pain
▼ + stars: | 2020-10-05 | by ( David Marchese | ) www.nytimes.com time to read: +22 min

Illustration by Bráulio Amado Talk Nicole Kidman Leans Into the PainIn HBO’s mini-series “The Undoing,” a psychological thriller that premieres Oct. 25, Nicole Kidman plays Grace Fraser, a Manhattan therapist whose impeccably ordered life is suddenly shattered by violence and lust. I don’t know. If there was a choice, I don’t know I would be an actor. But you go, As long as I surrender to what this is, I’m going to have an incredible time. It interests me how the latest role you’ve played is usually the way in which you’re going to be perceived.

Persons: Bráulio Amado, Nicole Kidman, Grace Fraser, Grace —, we’ve, Kidman, “ I’ve, ” Kidman, “, Celeste, Shailene Woodley, Reese Witherspoon, Photofest Celeste, Grace, I’ve, Stanley Kubrick, I’d, I’m, I’ll, Hugh Grant, ’ ’ Niko Tavernise, “ Tenet, ”, gosh, Masha, Nicole, Philip Seymour Hoffman, Pacino, Kubrick, You’ve, Tom Cruise, Stanley, wasn’t torturous, Madison Eginton, ’, you’re, It’s, who’s, Stoicism, There’s, you’ve, Kennedy Miller, Aaron Eckhart, David Giesbrecht, —, You’re, bode, Dogville ”, Lars von Trier, Virginia Woolf, Julianne Moore, Stephen Daldry, ” Liane Moriarty, “ I’ll, Grace of Monaco, Chanel, Karl Lagerfeld, Baz Luhrmann, “ Nicole, you’ll, Sabrina Lantos, “ We’re, ” It’s, we’re, Philip Roth, Philip, Jane Campion, Jane, Susanna Moore, Meg Ryan, don’t, she’d, Robert Eggers, Ryan Pfluger, David Marchese, Ilhan Omar, Mark Cuban, Padma Lakshmi Organizations: HBO, Warner Bros, stoicism, Lionsgate, Everett, Miramax Films, Paramount Pictures, Hollywood, Annapurna, Miramax, New York Times, New York Times Magazine Locations: Manhattan, “, HBO’s, Vietnam, Australia, Moulin Rouge, Sweden, Virginia, Ireland

☆ A Celebrity Sweats: It’s Richard Simmons
▼ + stars: | 2009-12-24 | by ( Tricia Romano | ) www.nytimes.com time to read: +1 min

At 61, Mr. Simmons is as American as apple pie and the Big Mac — two things he would no doubt warn you away from eating. But Mr. Simmons is the only one regularly offering classes to the public in his own studio. But Mr. Simmons, who says he is deeply religious, has an almost spiritual connection with his followers. “I don’t have to teach anymore, I don’t have to work anymore, God has been really good to me,” Mr. Simmons said. “It’s a very unusual place — it has a spirit all its own,” Mr. Simmons said of the studio.

Persons: Simmons, Jane Fonda, Toning, Susan Powter, ”, Denise Austin, It’s, Michael Catalano, “, ” Mr, don’t, —, Mr, “ I’ve Organizations: Mac Locations: —, Slimmons

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