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Funds

Zelenskiy met by Republican doubts in 11th hour push for US aid to fight Russia

WASHINGTON, Dec 12 (Reuters) - Ukrainian President Volodymyr Zelenskiy faced a skeptical reception from key Republicans during a trip to Washington on Tuesday to seek more military support against Russia, but he won a pledge at the White House that the U.S. has his back.Republicans have been reluctant to sign off on a funding request from Democratic President Joe Biden under which Ukraine would receive $61.4 billion.House of Representatives Speaker Mike Johnson, a Republican, said after meeting with Zelenskiy that Biden's administration must provide more detail about how the money...
Banking

EU to propose sanctions on violent Israeli settlers in West Bank

European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Dec 11 (Reuters) - European Union foreign policy chief Josep Borrell said on Monday he would propose sanctions against Jewish settlers responsible for violence against Palestinians in the Israeli-occupied West Bank.Borrell was speaking after EU foreign ministers debated possible next steps in their response to the Middle East crisis triggered by Palestinian militant group Hamas's deadly Oct. 7 attack on Israel from Gaza.While much international attention has focused on the...
Banking

Exclusive: JPMorgan begins First Republic makeover as it opens more branches

The entrance to a First Republic Bank branch is seen in the Chinatown neighborhood of New York City, U.S., April 28, 2023. REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsNEW YORK, Dec 11 (Reuters) - JPMorgan Chase (JPM.N) is preparing to overhaul branches it acquired from failed First Republic Bank as the lender expands its formidable national footprint."Branches have been a winning strategy for us that is helping us capture more market share,” Jennifer Roberts, CEO of Chase Consumer Banking, told Reuters in an interview.Of the customers who hold deposits with the...
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