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Biden expected to nominate Wall Street critic as top banking regulator

Biden expected to nominate Wall Street critic as top banking regulator
foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.

Ex–Treasury Secretary Leads Massive Private Security Deal

Ex–Treasury Secretary Leads Massive Private Security Deal Tim Geithner leads the private equity firm backing the acquisition of private security firm G4S by Allied Universal, creating one of the largest private employers in the world. Former Treasury Secretary Timothy Geithner seen testifying on Capitol Hill in July 2012 On Tuesday morning, shareholders of London-based G4S, one of the largest private security companies in the world, approved a deal to be bought out by U.S.-based firm Allied Universal. The $5.3 billion deal will create one of the largest private employers in the world, amassing 800,000 workers globally between the two firms. But there’s one key difference between the two companies: G4S is public, while Allied Universal is backed by private equity.

Penalties on Businessmen or Targeting Sovereign Debt: US, UK Reportedly Mulls New Russia Sanctions

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U S , U K weigh Russia sanctions, possibly targeting debt

U.S., U.K. weigh Russia sanctions, possibly targeting debt Saleha Mohsin, Alberto Nardelli and Jennifer Jacobs, Bloomberg March 5, 2021 FacebookTwitterEmail St. Basil s Cathedral, left, and the Spasskaya tower stand on Red Square in Moscow on Dec. 27, 2018.Bloomberg photo by Andrey Rudakov. The U.S. and U.K. are weighing additional penalties against Russia over the use of chemical weapons, with options ranging from sanctions against oligarchs to the extreme step of targeting the nation s sovereign debt, according to people familiar with the matter. British officials plan to push for the Organization for the Prohibition of Chemical Weapons to continue to pressure Russia to provide answers over its use of banned substances, and will raise potential measures with key European allies, including France and Germany, in the coming weeks, according to one of the people.

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