Northern High Yield Municipal Fund (NHYMX) a Zacks Rank #1 (Strong Buy) was incepted in December 1998 and is managed by Northern Trust Investments
Американские банки, включая Morgan Stanley, J.P. Morgan Chase и Goldman Sachs, готовятся к потенциальным шокам на финансовых рынках после президентских выборов в США, сообщает Reuters.
Американские банки, включая Morgan Stanley, J.P. Morgan Chase и Goldman Sachs, готовятся к потенциальным шокам на финансовых рынках после президентских выборов в США, сообщает Reuters.
Bank of America Corporation (BAC) has been charged with a proposed class action lawsuit, whereby it is accused of extorting excessive fees from thousands of Arizona prison ex-inmates.
As the election draws near, many people are wondering about the impact on their investment portfolios. It's been a crazy season, but to answer that question, let's make one large assumption: The American democracy will survive the season, and the American economy will continue to grow and provide jobs in the future. It's an assumption that has held throughout our country's greatest modern challenges. Despite recessions and wars and panics and crises, our system has continued, the stock market has withstood the shocks -- both economic and political -- and we are here to make today's investment decisions with the stock market near all-time highs. So, what can we say for certain about the stock market post-election? Nothing -- except that the market hates uncertainty. And a good deal of uncertainty should be resolved after the election, judging by the latest polls. Another factor: the potential for a Fed rate hike. Typically, the stock market doesn't like higher interest rates. Usually, the Fed pushes rates higher to stop an overheated economy. And historically that leads to a market decline. But today's economy cannot be described as booming. Rising rates may have a negative effect on some businesses but could spur banks to start lending again, creating another leg of the expansion. It is far from sure that if a Fed rate hike in December would be bad for stocks. And, keep in mind, the widespread expectation of a rate hike is built into today's stock prices. According to InvesTech Research, presidential election years are typically positive for the stock market. Since 1951, says Jim Stack, editor of InvesTech, the stock market (S&P 500) has gained an average of 6.6 percent in presidential election years. And, he notes, despite this year's six-week opening loss, the worst in Wall Street history, the market is back on track to match historical precedent. Stack points out that the pre-election two months generally show some softness in stock prices, leading up to Election Day. However, "gains usually resume once the election is decided." The Northern Trust has just released its highly regarded survey of 100 professional money managers. These managers are watching the presidential election closely for its impact on portfolios. Half of those surveyed believe U.S. equities are overvalued -- a record high number sharing this belief. Managers generally expect stable economic growth in the U.S. to continue. But far fewer expect U.S. GDP to accelerate in the coming year. One-third expect U.S. corporate profits to increase in coming months, while half expect stable earnings (which tend to drive stock prices). And their No. 1 risk to the future is not the election; it is rising U.S. interest rates. Of managers surveyed, 71 percent expect the Fed to raise rates by December. Managers were asked which outcome in the November elections they believe would have the greatest impact on global equity markets. Seventy-two percent said a win by Donald Trump, while 27 percent said the Democrats winning a House majority. Just 1 percent thought the election of Hillary Clinton would have such an effect. What should you do with respect to your investments? First, stop following those Internet warnings of disaster to come. It will take more than the election results to chase money out of America, considering the alternatives. If you need to take a required minimum distribution from your IRA by year-end, you might not want to wait until after the election and risk selling at lower prices -- no matter who wins. But if you're a younger investor, you don't want to miss out on the future gains in the stock market. Keep investing regularly, knowing that if the market declines, lower prices will give you bargains in the long run. That's the way it has always worked. And that's The Savage Truth. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.
Финансовый журнал Global Finance опубликовал список обладателей премии Лучший частный банк мира, первое место в котором занял швейцарский банк UBS. Лучшим частным банком в России издание назвало "Сбербанк". Первое место в Восточной и Центральной Европе занял банк Unicredit. Самым инновационным частным банком назван американский Citi, лучшим бутик-банком в данном сегменте стал Banque Syz. Лучшим на развивающихся рынках был признан бразильский Itaú Unibanco, лучшим банком для инвестирования — сингапурский United Overseas Bank (UOB). Лучшим для предпринимателей оказался американский Northern Trust, для топ-менеджеров — Morgan Stanley, а для тех, чье состояние превышает $25 млн, - J.P. Morgan.
Финансовый журнал Global Finance опубликовал рейтинг лучших частных банков мира (World's Best Private Banks Awards-2017), первую строчку в котором...
BNY Mellon (BK) reported third-quarter 2016 adjusted earnings per share of 90 cents, which handily outpaced the Zacks Consensus Estimate of 81 cents.
A rise in revenues was primarily responsible for this earnings beat Northern Trust (NTRS).
Below is a list of expected attendees at tonight’s Italy State Dinner. Additional details about the State Dinner are available HERE. THE PRESIDENT AND MRS. OBAMA Honorees HIS EXCELLENCY MATTEO RENZI, PRIME MINISTER OF THE REPUBLIC OF ITALY AND MRS. AGNESE LANDINI The Honorable Adewale Adeyemo, Deputy Assistant to the President & Deputy National Security Advisor for International Economics, National Security Council Ms. Mae Podesta The Honorable Salman Ahmed, Special Assistant to the President & Senior Director for Strategic Planning & Counselor to the National Security Advisor, National Security Council Ms. Shaheen Ahmed Professor Elizabeth Alexander, Poet Mr. Mark C. Alexander Mr. Mario Andretti, Former Racing Driver Ms. Barbra Andretti-Curto Ms. Paola Antonelli, Architect & Designer, Guest of the Prime Minister of the Republic of Italy Mr. Giorgio Armani, Fashion Designer, The Armani Group, Guest of the Prime Minister of the Republic of Italy Mr. Mario Batali, Chef Ms. Susan Cahn Mr. Richard Bates, Senior Vice President of Governmental Relations, The Walt Disney Company Ms. Rose Bates Ms. Giovanna Battaglia, W Magazine & Vogue Japan Mr. Oscar Engelbert Mr. Roberto Benigni, Actor, Guest of the Prime Minister of the Republic of Italy The Honorable Steve Keith Benjamin, Mayor of Columbia, South Carolina Ms. DeAndrea Gist Benjamin Mr. Chance Bennett, Rapper Mr. Kenneth Bennett Ms. Susan Berghoef, Attorney Mr. Patrick Croke Ms. Megan Beyer, Executive Director, President’s Committee on the Arts & Humanities The Honorable Don Beyer, Jr. Ms. Ashley Blazer Biden, Executive Director, Delaware Center for Justice Mr. Hunter Biden, Chairman, Rosemont Seneca Advisors The Honorable Joseph R. Biden, Jr., Vice President of the United States Dr. Jill Biden Mr. Paul Blavin, Founder, FOR GOOD Ms. Amy Blavin The Honorable Tony Blinken, Deputy Secretary of State, U.S. Department of State The Honorable Evan Ryan Dr. Paul Boskind, Chief Executive Officer, Deer Oaks Mental Health Associates, PC Mr. Robby McMillin-Boskind Mr. David Bradley, Chairman & Owner, Atlantic Media Ms. Katherine Bradley Ms. Nicoletta Braschi, Actress, Guest of the Prime Minister of the Republic of Italy The Honorable Anita Breckenridge, Assistant to the President & Deputy Chief of Staff for Operations, The White House Ms. Rebekah Bader Mr. Donato R. Buccini, Vice President, Edward J. DeSeta Company, Inc. Ms. Bernadette De Seta Buccini Ms. Carrie Budoff, Politico Mr. Thomas Brown Ms. Cathy Burns, President, Produce Marketing Association Mr. Kenneth Burns The Honorable Kristie Canegallo, Assistant to the President & Deputy Chief of Staff for Implementation, The White House Mr. Mark James Canegallo, Jr. Mr. Raffaele Cantone, President, National Anticorruption Authority, Guest of the Prime Minister of the Republic of Italy The Honorable Ashton Carter, Secretary of Defense, U.S. Department of Defense Ms. Stephanie Carter Mr. Paul Cejas, Chairman, PLC Investments Mr. Gertie Cejas Mr. Jim Chanos, Chief Executive Officer, Kynikos Associates Ms. Crystal Connors Mr. Timothy Collins, Chief Executive Officer, Ripplewood Holdings LLC The Honorable Gerald Connolly, U.S. Representative (Virginia) Ms. Catherine Smith The Honorable Michael Connor, Deputy Secretary, U.S. Department of the Interior Ms. Shari Connor The Honorable Maria Contreras-Sweet, Administrator, U.S. Small Business Administration Ms. Kelly Williams The Honorable Ertharin Cousin, Executive Director, The United Nations World Food Programme Ms. Tybra Arthur The Honorable Bathsheba Crocker, Assistant Secretary of State for International Organization Affairs, U.S. Department of State Ms. Saone Crocker The Honorable Andrew Cuomo, Governor of New York Ms. Sandra Lee The Honorable Chase Cushman, Assistant to the President & Director of Scheduling & Advance, The White House Ms. Ashley Cushman Ms. Daniela D’Antonio, Journalist, Guest of the Prime Minister of the Republic of Italy Mr. Giuliano Da Empoli, Advisor to the Prime Minister, Delegation of the Republic of Italy Ms. Yene Damtew, Hairstylist Mr. Tsegaye Shiferaw Assefa The Honorable Brian Deese, Assistant to the President & Senior Advisor, The White House Ms. Bree Arsenault Mr. Joseph Del Raso, Chairman, National Italian American Foundation Ms. Anne Del Raso The Honorable Suzan Delbene, U.S. Representative (Washington) Mr. Kurt Delbene Ms. Kelly Dibble, Senior Vice President & Director of Public Affairs, Northern Trust Corporation Mr. Andrew Dibble Mr. John DiEleuterio, Director of Intergovernmental Relations, Delaware National Guard Ms. Maureen DiEleuterio Mr. John Doerr III, Partner, Kleiner, Perkins, Caufield & Byers Ms. Ann Doerr The Honorable Shaun Donovan, Director of the Office of Management & Budget, The White House Ms. Liza Gilbert Ms. Amy Dove, Director for European Union, Southern Europe & European Affairs, National Security Council Mr. Patrick Lacey The Honorable Josh Earnest, Assistant to the President & Press Secretary, The White House Ms. Natalie Earnest The Honorable Jennie Easterly, Special Assistant to the President & Senior Director for Counterterrorism, National Security Council Mr. Jason Easterly The Honorable Neil Eggleston, Assistant to the President & Counsel to the President, The White House Ms. Rachel Eggleston Mr. Ken Ehrlich, Producer Ms. Harriet Ehrlich Mr. Carlos Elizondo, Resident Manager & Social Secretary to the Vice President & Dr. Biden Mr. Mark William Dumas Mr. John Elkann, Chairman, Fiat Chrysler Automobiles Ms. Lavinia Borromeo Arese Taverna Dr. Anthony Fauci, Director of the National Institute of Allergy & Infectious Diseases, National Institute of Health Dr. Christine Grady The Honorable Jon Finer, Chief of Staff, U.S. Department of State Ms. Emily Finer Mr. Larry Fink, Chairman & Chief Executive Officer, BlackRock Inc. The Honorable Chris Fonzone, Deputy Assistant to the President & Deputy Counsel to the President & NSC Legal Adviser, National Security Council Ms. Jillian Catalanotti Mr. Fabrizio Freda, President & Chief Executive Officer, Estee Lauder Companies Inc. Ms. Mary-Ann Jeanine Lannoy The Honorable Julia Frifield, Assistant Secretary for Legislative Affairs, U.S. Department of State Ms. Shannon Kula The Honorable Jason Furman, Chairman of the Council of Economic Advisers, The White House Ms. Eve Gerber Ms. Laetitia Garriott De Cayeux, Co-Founder, Escape Dynamics Mr. Richard Garriott De Cayeux Ms. Maria Gavrilovic, CBS Mr. Emil Jahic His Excellency Paolo Gentiloni, Minister of Foreign Affairs & International Cooperation of the Republic of Italy, Delegation of the Republic of Italy The Honorable Suzanne George, Deputy Assistant to the President & Executive Secretary & Chief of Staff, National Security Council Mr. David George Ms. Fabiola Gianotti, Director of the European Organization for Nuclear Research, Guest of the Prime Minister of the Republic of Italy Mr. Henry Goldberg, Chief Executive Officer & Founder, Artery Capital Group, LLC Ms. Carol Brown Goldberg Mr. Alex Gorsky, Chairman & Chief Executive Officer, Johnson & Johnson Ms. Patricia Gorsky Ms. Rachel Goslins, Director of the Arts & Industries Building, The Smithsonian Institution Mr. Julius Genachowski Ms. Savannah Guthrie, NBC Mr. Michael Feldman The Honorable Avril Haines, Assistant to the President & Deputy National Security Advisor, National Security Council Mr. David Davighi Tamron Hall, MSNBC Mr. Jonathan Todd Capehart The Honorable Jane Harman, Director, President & CEO, The Wilson Center Mr. Robert Dickie, Boston Ms. Cynthia H. Harrell-Horn, Philanthropist Ms. Cassidy Horn Mr. Mel Heifetz, Real Estate Developer Mr. John Di Pietro Ms. Mary Kay Henry, International President, SEIU Ms. Paula Macchello Mr. Stephen Hightower, President & Chief Executive Officer, Hightowers Petroleum Company Mr. Stephen Hightower II The Honorable Jim Himes, U.S. Representative (Connecticut) Ms. Mary Himes The Honorable Amos Hochstein, Special Envoy & Coordinator for International Energy Affairs, U.S. Department of State Ms. Julie Ringel Ms. Susan Holland, Event Designer, Susan Holland Events Mr. Richard Klein The Honorable Sarah Hurwitz, Special Assistant to the President, Senior Strategic & Policy Advisor to the Council on Women & Girls & Senior Presidential Speechwriter, The White House Mr. Tyler Lechtenberg Ms. Denise Ilitch, President, Ilitch Enterprises, LLC Mr. Jeffrey Krupcale The Honorable Valerie Jarrett, Senior Advisor & Assistant to the President for Intergovernmental Affairs & Public Engagement, The White House Ms. Laura Jarrett Ms. Kristen Jarvis, Chief of Staff, Ford Foundation Mr. Shaun West The Honorable Sally Jewell, Secretary of the Interior, U.S. Department of the Interior Mr. Warren Jewell The Honorable Broderick Johnson, Assistant to the President & Cabinet Secretary, The White House Ms. Michele Norris Dr. Fisk Johnson III, Chief Executive Officer, SC Johnson & Son, Inc. The Honorable Jeh Johnson, Secretary of Homeland Security, U.S. Department of Homeland Security Dr. Susan DiMarco Ms. Kristin Jones, Special Assistant & Director of Special Projects for the First Lady, The White House Mr. Lawrence Jackson The Honorable Cody Keenan, Assistant to the President & Director of Speechwriting, The White House Ms. Kristen Bartoloni Ms. Janet Keller, President, Keller Consultants Ms. Leslie Ray Ms. Angela Kennedy, Staff Attorney, Public Defender Service for the District of Columbia Mr. Henry Kennedy, Jr. The Honorable John Kerry, Secretary of State, U.S. Department of State Mr. Naeem Khan, Fashion Designer, House of Khan Ms. Ranjana Khan Ms. Gayle King, CBS Ms. Kirby Bumpus Ms. Meredith Koop, Special Assistant to the First Lady, The White House Mr. Tomas Motta The Honorable Charlie Kupchan, Special Assistant to the President & Senior Director for European Affairs, National Security Council Ms. Simma Kupchan Mr. Mark Landler, The New York Times Ms. Angela Tung Mr. Josh Lederman, The Associated Press Ms. Amy Lederman Ms. Bel Leong-Hong, President, Knowledge Advantage, Inc. Mr. Kenneth Hong Ms. Christina Lewis, Founder & Executive Director, All Star Code Ms. Loida N. Lewis Ms. Mara Liasson, National Public Radio Mr. Jonathan Cuneo The Honorable Loretta Lynch, Attorney General, U.S. Department of Justice Mr. Stephen Hargrove The Honorable Robert Malley, Special Assistant to the President, White House Coordinator for the Middle East & North Africa Region & Senior Advisor to the President on the Counter ISIL Campaign, National Security Council Ms. Caroline Brown Major General Carmine Masiello, Military Advisor to the Prime Minister, Delegation of the Republic of Italy Ms. Colleen McCain Nelson, Wall Street Journal Mr. Jon Nelson Mr. Cornell McClellan, Fitness Coach, Trainer & Member of The President’s Council on Fitness Sports & Nutrition The Honorable Robert A. McDonald, Secretary, U.S. Department of Veterans Affairs Ms. Diane McDonald The Honorable Denis McDonough, Assistant to the President & Chief of Staff, The White House Ms. Karin McDonough Ms. Gail McGovern, President & Chief Executive Officer, The American Red Cross Mr. Donald McGovern The Honorable Brett McGurk, Special Presidential Envoy for the Global Coalition to Counter ISIL, U.S. Department of State Ms. Gina Chon Mr. Mike Memoli, Los Angeles Times Mr. Matthew Memoli Ms. Micheline Mendelsohn, Deputy Chief Executive Officer, Good Stuff Eatery Mr. Clifford Luhn Mr. Jamie Meritosis, President & Chief Executive Officer, Lumina Foundation Ms. Colleen O’Brien Ms. Carolyn Miles, President & CEO, Save the Children USA Mr. Carlos Carrazana Mr. Doug Mills, The New York Times Ms. Katherine Mills Ms. Connie Milstein, Principal & Co-Founder, Ogden CAP Properties LLC Mr. Ian Kahn Ms. Cindy Moelis, President, Pritzker Traubert Family Foundation Mr. Robert Rivkin The Honorable Lisa Monaco, Assistant to the President for Homeland Security & Counterterrorism, National Security Council Dr. Anthony Monaco Mr. James Montgomery, Sr., Principal, James D. Montgomery & Associates Ms. Pauline Montgomery Mr. Phil Munger, Analyst Ms. Georgia Travers The Honorable Shailagh Murray, Assistant to the President & Senior Advisor, The White House Mr. Neil King The Honorable Cecilia Muñoz, Assistant to the President & Director of the Domestic Policy Council, The White House Mr. Amit A. Pandya Ms. Giuseppina Nicolini, Mayor of Lampedusa Sicily, Guest of the Prime Minister of the Republic of Italy The Honorable Victoria Nuland, Assistant Secretary of State for European & Eurasian Affairs, U.S. Department of State Mr. Robert Kagan Mr. Frank Ocean, Singer & Songwriter Ms. Katonya Breaux Mr. Eric Ortner, Producer & Manager, The Ortner Group Mr. Chuck B. Ortner Ms. Casey Owens, Senior Brand Manager, Starbucks Corporation Mr. Christopher Castello Mr. Clarence Page, The Chicago Tribune Ms. Lisa Page Ms. Carrin Patman, Attorney, Brocwell and Giuliani LLP Mr. Jim Derrick, Jr. Mr. Art Peck, Chief Executive Officer, The Gap Inc. Ms. Kirsten Peck The Honorable Bill Peduto, Mayor of Pittsburg, Pennsylvania Mr. Frank Peduto The Honorable Nancy Pelosi, Minority Leader, U.S. House of Representatives Mr. Paul Pelosi Ms. Denielle Pemberton-Heard, Business Affairs Attorney, Public Broadcasting Company Mr. Greg Heard The Honorable Tom Perez, Secretary of Labor, U.S. Department of Labor Ms. Ann Marie Staudenmaier Mr. Andrew Peterson, Special Olympic Athlete for the United States Mr. Craig Peterson The Honorable John Phillips, U.S. Ambassador to the Italian Republic & the Republic of San Marino, U.S. Department of State Ms. Linda Douglass Mr. Diego Piacentini, Government Commissioner for the Digital Agenda, Delegation of the Republic of Italy Mr. Sundar Pichai, Chief Executive Officer, Google Inc. Ms. Anjali Pichai Mr. Bill Plante, CBS Ms. Robin Smith Mr. Michael Polsky, President & Chief Executive Officer, Invenergy LLC Ms. Tanya Polsky The Honorable Stephen Pomper, Special Assistant to the President & Senior Director for Multilateral Affairs & Human Rights, National Security Council Ms. Karen Manning Ms. Ai-jen Poo, Director, National Domestic Workers Alliance Ms. Ting Poo The Honorable Samantha Power, U.S. Ambassador to the United Nations Professor Cass Sunstein Mr. Richard Price, Chief Executive Officer, Mesirow Financial Ms. Eva Tyree Mr. Matthew Pritzker, Chief Executive Officer, The Matthew Pritzker Company Ms. Cristina Curcio The Honorable Penny Pritzker, U.S. Secretary of Commerce, U.S. Department of Commerce Mr. Donald Traubert Mr. Andrew Prozes, Founder, TAEVAST Ms. Laura Heery The Honorable Jennifer Psaki, Assistant to the President & Director of Communications, The White House Ms. Eileen Medvey Mr. Carl Ray, Makeup Artist Ms. Hillary Korutz Ms. Rachael Ray, The Rachael Ray Show Mr. John Cusimano The Honorable Jack Reed, U.S. Senator (Rhode Island) Ms. Julia Reed The Honorable Ben Rhodes, Assistant to the President & Deputy National Security Advisor for Strategic Communications & Speechwriting, National Security Council Ms. Ann Norris The Honorable Steven Ricchetti, Assistant to the President & Chief of Staff to the Vice President, The White House Ms. Amy Ricchetti The Honorable Susan Rice, Assistant to the President & National Security Advisor, National Security Council Mr. Ian Cameron The Honorable Anne Richard, Assistant Secretary of State for Population, Refugees, & Migration, U.S. Department of State Mr. William Davis Mr. John Rogers, Jr., Chairman, Chief Executive Officer & Chief Investment Officer, Ariel Investments Ms. Marion Brooks The Honorable Amy Rosenbaum, Assistant to the President & Director of Legislative Affairs, The White House Mr. Joshua Lahey The Honorable Catherine Russell, U.S. Ambassador-at-Large for Global Women’s Issue, U.S. Department of State Mr. Thomas Donilon Mr. Haim Saban, Chairman & Chief Executive Officer, Saban Capital Group Ms. Cheryl Saban Mr. Jerry Seinfeld, Comedian Ms. Jessica Seinfeld The Honorable Peter Selfridge, Chief of Protocol, U.S. Department of State Ms. Parita Selfridge Mr. Filippo Sensi, Press Office of the Prime Minister, Delegation of the Republic of Italy Mr. J Rutherford Seydel, Attorney, Davis Pickren Seydel & Sneed LLP Ms. Laura Seydel The Honorable Thomas Shannon, Jr., Under Secretary of State for Political Affairs, U.S. Department of State Mr. John Shulman, Founder & Managing Director of Juggernaut Capital Partners Ms. Alison Shulman The Honorable David Simas, Assistant to the President & Director of Political Strategy & Outreach, The White House Ms. Shauna McCarty The Honorable MacKenzie Smith, Special Assistant to the President & Director of Scheduling & Advance for the First Lady, The White House Ms. Pam Smith Mr. Mark Smith, The Associated Press Ms. Mina Smith Mr. Michael Smith, Interior Designer, Michael S. Smith Inc. Ms. Katherine Malkin Mr. Alan Solow, Partner, Resolute Consulting Ms. Andrea Solow Mr. Arne Sorenson, President & Chief Executive Officer, J.W. Marriott International Ms. Ruth Sorenson Mr. Paolo Sorrentino, Film Director, Guest of the Prime Minister of the Republic of Italy Ms. Emily Sowek, Letter Writer Ms. Susan Andrews Ms. Gwen Stefani, Singer & Songwriter Mr. Blake Shelton The Honorable Rick Stengel, Under Secretary of State for Public Diplomacy & Public Affairs, U.S. Department of State Ms. Mary Stengel Mr. George Stephanopoulos, ABC Ms. Alexandra Wentworth Ms. Margaret Talev, Bloomberg Mr. Richard Micklethwait Mr. James Taylor, Singer & Songwriter Ms. Kim Taylor The Honorable Tina Tchen, Assistant to the President & Chief of Staff to the First Lady, The White House Ms. Emma Tchen The Honorable Caroline Tess, Special Assistant to the President & Senior Director for Legislative Affairs, National Security Council Mr. Thiago Lourenco Dos Reis Ambassador David Thorne, Senior Advisor to the Secretary of State, U.S. Department of State Ms. Rose Thorne Mr. Chuck Todd, NBC Ms. Kristian Todd Mr. Conrad Tribble, Deputy Assistant Secretary of State, U.S. Department of State Ms. Christina Tribble Ambassador Raffaele Trombetta, Chief of Cabinet of the Minister of Foreign Affairs and International Cooperation, Delegation of the Republic of Italy Mr. John Turturro, Actor Ms. Katherine Borowitz Mr. Hamdi Ulukaya, Founder & Chief Executive Officer, Chobani LLC Ms. Louise Vongerichten His Excellency Armando Varricchio, Ambassador of the Republic of Italy to the United States, Delegation of the Republic of Italy Ms. Micaela Barbagallo Ms. Krishanti Vignarajah, Policy Director to the First Lady, The White House Mr. Collin O’Mara The Honorable Tom Vilsack, Secretary of Agriculture, U.S. Department of Agriculture Ms. Christie Vilsack Ms. Beatrice Vio, Olympic Athlete for Italy, Guest of the Prime Minister of the Republic of Italy Ms. Teresa Angela Grandis Mr. Charles Ward III, Architect, June Street Architecture Mr. Michael Lombardo The Honorable Constance Williams, Former State Senator (Pennsylvania) Ms. Elizabeth Williams Mr. Evan Williams, Founder & Chief Executive Officer, Medium Ms. Sara Williams The Honorable Jonathan Winer, Special Envoy for Libya & Senior Advisor for MEK Resettlement, U.S. Department of State Ms. Libby Lewis The Honorable Melissa Winter, Deputy Assistant to the President & Senior Advisor to the First Lady, The White House Mr. Joshua Alkin Mr. Johnny Wright, Hairstylist Ms. Jacqueline Tarrant Mr. Kevin Xu, Chief Executive Officer, MEBO International Mr. Guoxin Tao Her Excellency Maria Angela Zappia, Senior Diplomatic Advisor to the Prime Minister, Delegation of the Republic of Italy The Honorable Jeffrey Zients, Assistant to the President for Economic Policy & Director of the National Economic Council, The White House Ms. Mary Zients
It will be interesting to see how major regional banks perform when they announce their results in the coming days. Today, we are discussing four major banking stocks that are scheduled to release their third quarter results tomorrow.
Northern Trust Corporation (NTRS) is scheduled to report third-quarter 2016 results on Oct 19
Fifth Third Bancorp, JPMorgan, Northern Trust and State Street have positive momentum amid pessimism surrounding banking industry
President Barack Obama may be plotting a return to his community organizing roots. When he leaves the White House, Obama wants to create a “platform” to train the next generation of leaders and activists, he said during a town-hall event broadcast on ESPN Tuesday evening.“Most prominently we’re gonna be interested in figuring out how we can develop the next generation of leaders,” Obama told the audience at North Carolina A&T in Greensboro. That means continuing initiatives that he and Michelle Obama started in the White House, like My Brothers Keeper and Let Girls Learn, he said. But it also means “trying to create a platform where young activists … can get trained and learn from each other.”He added, “Michelle and I, I think, If we look back 20 years from now and can say that we helped to contribute to the leadership of the next generation to replace us and to exceed what we've accomplished, we’ll feel pretty good about ourselves.”Obama didn’t elaborate much on what that training might look like. However, during the town hall, Obama repeated his criticism of contemporary protest movements, like the street demonstrations in Ferguson and NFL quarterback Colin Kaepernick’s refusal to stand for the national anthem in opposition to police brutality. He knocked those efforts for calling attention to a problem without proposing a concrete solution.“Awareness is important at the outset,” Obama said. But leaders from the civil rights era, including Martin Luther King Jr. and Rep. John Lewis, “would begin with the protest but then very rapidly engage in the powers that be to say, ‘We will stop protesting when you use this specific thing.’”Earlier on Tuesday, the Obama Foundation – the vehicle for his presidential library in Chicago and other post-presidency activities – named an “Inclusion Council” to help direct the foundation’s strategic initiatives and foster diversity. It’ll be helmed by Melody Spann Cooper, owner of a black-oriented radio station in Chicago, Northern Trust executive Connie Lindsey and Exelon Corporation executive William A. Von Hoene, Jr.Other bold-faced names on the 14-member council include Laura Ricketts, a bundler for Hillary Clinton and co-owner of the Chicago Cubs, and United Airlines executive Brett Hart. Beyond the lofty goals, Obama told the town hall’s host, ESPN Stan Verrett, that he has another dream job in mind once he’s done being president.“I might just take your job at SportsCenter,” Obama said.
Хотя точнее её было бы назвать не мировой, а всё же американской. Потому что мировая она по охвату, но по центру владения собственностью и принятия решений она - американская. Эту инфографику опубликовали в июне этого года на сайте InfoWeTrust.com на основании статистики Bloombergresearch. Она отражает связи руководящего состава крупнейших международных компаний. Члены советов директоров одновременно занимают директорские должности в нескольких компаниях, что, как понимаете, конфликтует с заявляемой «свободой конкуренции»: если «рука рынка» в лице конкретного директора руководит конкурентами, то это какая-то странная конкуренция, как думаете? Впрочем, это не новость: в 2002 году газеты USA Today и The Financial Times проводили исследование связей между членами советов директоров крупнейших корпораций мира на основе аналитической базы The Corporate Library. Выяснилось, что в ведущих 500 компаниях мира каждый седьмой директор входит в совет директоров другой корпорации. В «личном первенстве» лидировал президент немецкой страховой компании «Allianz» Хеннинг Шульте-Нелле, который в 2002 году заседал в советах директоров разных компаний со 184 руководителями крупнейших компаний мира. USA Today выяснили, что в 11 из 15 крупнейших компаний США двое и более директоров входят в совет директоров другой компании. Ситуацию образно описал профессор Мичиганского университета Джеральд Дэвис: «Если бы член совета директоров JP Morgan Chase подхватил вдруг заразную болезнь, в течение шести месяцев заразились бы 97% директоров крупных компаний». Этот феномен даже имеет свое название — «interlocking directorate» (совмещенный директорат), что указывает на устойчивость явления. Формально, по законам США, такое запрещено для конкурирующих компаний, но конкуренция-то не всегда прямая, да и важна сама возможность общения. Например, компании «PepsiCo» и «Coca-Cola» – традиционные конкуренты и не участвуют в управлении друг другом, однако члены совета директоров «PepsiCo» Роберт Аллен и Джеймс Робинсон («Coca-Cola») вместе заседают в совете директоров фармацевтической компании «Bristol-Myers Squibb». Нетрудно догадаться, что ведущую роль в такой «кооперации» играют крупные финансовые фонды и банки. Либеральные мантры о «свободе конкуренции» лишь служат идеологическим прикрытием централизации капитала. Так, крупных брендов в мире значительно больше, чем их владельцев — компании стремятся перекрыть рынок разными марками товаров от одного владельца, а не допускать каких-то там конкурентов к дележу «пирога».