ALEX BRUMMER: US banks soar while UK lenders are being held back

ALEX BRUMMER: US banks are soaring while UK lenders have had their wings clipped since the financial crisis
By Alex Brummer for the Daily Mail
Published: 17:25 EDT, 14 October 2021 | Updated: 17:25 EDT, 14 October 2021

The contrast between the performance of the big US commercial banks and High Street lenders could not be greater.
Bank earnings are soaring in the US.

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ALEX BRUMMER: US banks soar while UK lenders are being held back

ALEX BRUMMER: US banks are soaring while UK lenders have had their wings clipped since the financial crisis
By Alex Brummer for the Daily Mail
Published: 17:25 EDT, 14 October 2021 | Updated: 17:25 EDT, 14 October 2021

The contrast between the performance of the big US commercial banks and High Street lenders could not be greater.
Bank earnings are soaring in the US.

Read original

ESG’s Inconvenient Truths and Green Energy’s Inconvenient Moment

A wind turbine at the Westmill Wind Farm & Solar Park at Watchfield, near Swindon, England, September 24, 2021. (Andrew Boyers/Reuters)
The week of September 20: ESG, energy, Carter vs. Biden and much, much more.
Significant portions of the last two weeks’ Capital Letters have been focused on the growing energy crunch in Europe — a crunch that has revolved primarily around natural gas, but which has also highlighted the unreliability of wind energy.

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ESG’s Inconvenient Truths and Green Energy’s Inconvenient Moment

A wind turbine at the Westmill Wind Farm & Solar Park at Watchfield, near Swindon, England, September 24, 2021. (Andrew Boyers/Reuters)
The week of September 20: ESG, energy, Carter vs. Biden and much, much more.
Significant portions of the last two weeks’ Capital Letters have been focused on the growing energy crunch in Europe — a crunch that has revolved primarily around natural gas, but which has also highlighted the unreliability of wind energy.

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Since 9/11, Wall Street Has Put Money Over Marines and Profits Over Patriotism

Twenty years ago, the World Trade Center—the heart of New York’s financial district—was attacked by terrorists hellbent on destroying America. When New York was attacked, we were all attacked. We mourned together. In the aftermath of that tragedy, thousands of young men and women, including me, signed up to make sure it would never happen again. Thousands lost their lives.
I know, because I was there, in Iraq and Afghanistan, where two of my fellow Marines in our Special Operations Task force were killed in 2014.
There’s been much written recently about our wars and about 9/11.

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Since 9/11, Wall Street Has Put Money Over Marines and Profits Over Patriotism

Twenty years ago, the World Trade Center—the heart of New York’s financial district—was attacked by terrorists hellbent on destroying America. When New York was attacked, we were all attacked. We mourned together. In the aftermath of that tragedy, thousands of young men and women, including me, signed up to make sure it would never happen again. Thousands lost their lives.
I know, because I was there, in Iraq and Afghanistan, where two of my fellow Marines in our Special Operations Task force were killed in 2014.
There’s been much written recently about our wars and about 9/11.

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A Fintech Fox in the Regulatory Henhouse

The Revolving Door Project, a Prospect partner, scrutinizes the executive branch and presidential power. Follow them at therevolvingdoorproject.org.
One of newly installed New York Gov. Kathy Hochul’s first key decisions was naming Adrienne Harris as the head of the state’s Department of Financial Services (DFS), which is responsible for regulating the activities of nearly 1,800 insurance companies with cumulative assets of $5.5 trillion and more than 1,400 banking and financial institutions with assets over $2.9 trillion.

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ASK TONY: Why is the Church hounding my late mother-in-law over false profits?

ASK TONY: Why is the Church hounding my late mother-in-law over false profits?
By Tony Hazell for the Daily Mail
Published: 18:02 EDT, 31 August 2021 | Updated: 18:10 EDT, 31 August 2021

A reader says: As executors and administrators of my late mother-in-law’s estate, both myself and my brother-in-law are being pestered with letters from The Church of England Pensions Board. 
My mother-in-law died in January 2019 and probate was eventually granted in November 2020. Our details were obtained from the Government wills and probate office.

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ASK TONY: Why is the Church hounding my late mother-in-law over false profits?

ASK TONY: Why is the Church hounding my late mother-in-law over false profits?
By Tony Hazell for the Daily Mail
Published: 18:02 EDT, 31 August 2021 | Updated: 18:10 EDT, 31 August 2021

A reader says: As executors and administrators of my late mother-in-law’s estate, both myself and my brother-in-law are being pestered with letters from The Church of England Pensions Board. 
My mother-in-law died in January 2019 and probate was eventually granted in November 2020. Our details were obtained from the Government wills and probate office.

Read original

ASK TONY: Why is the Church hounding my late mother-in-law over false profits?

ASK TONY: Why is the Church hounding my late mother-in-law over false profits?
By Tony Hazell for the Daily Mail
Published: 18:02 EDT, 31 August 2021 | Updated: 18:10 EDT, 31 August 2021

A reader says: As executors and administrators of my late mother-in-law’s estate, both myself and my brother-in-law are being pestered with letters from The Church of England Pensions Board. 
My mother-in-law died in January 2019 and probate was eventually granted in November 2020. Our details were obtained from the Government wills and probate office.

Read original