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Not exact matches
Adam Szubin, acting under secretary for terrorism and
financial intelligence, said Washington
expected other governments and
financial authorities to make similar moves to prevent Pyongyang
from «abusing» global
financial institutions to support its development of weapons of mass destruction and ballistic missiles.
«Absent material equity valuation improvements for Ares and KKR, we
expect further conversions of Fitch - rated alternative investment managers to be decreasingly likely, given that the remaining managers generally have more incentive income which would not benefit
from the lower tax rate,» said Meghan Neenan, head of North American Non-Bank
Financial Institutions at Fitch.
«The estimated surplus, which excludes money received
from monetary settlements with
financial institutions, reflects stronger than
expected tax collections through mid-January 2015,» the governor's office wrote.
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More and more
institutions are likely to realize that they can not
expect better than market - average results
from their equity portfolios unless they have the advantage of better - than - average
financial and security analysis.
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These developments are being presented as major setbacks for the cryptocurrency space, indicative of what many are saying is the realization of a long -
expected pushback
from the
financial institutions that dominate the industry right now.