Pipe Cufflinks - Clearance
Approximately 1" x 1/4", Gold tone plated base metal, Brown transparent enamel details, Bullet back closure, Made in the USA,
Also hanging over the talks are U.S. indictments against Chinese top telecommunications equipment maker Huawei Technologies Co, accusing it of bank and wire fraud to evade Iran sanctions and conspiring to steal trade secrets from T-Mobile US Inc. U.S. Treasury Secretary Steven Mnuchin, one of the Trump administration’s strongest advocates for a deal with China, made upbeat comments about the talks for a second day in a row on Tuesday. Mnuchin said on Fox Business Network that he expects “significant progress” on market access and technology transfer issues. He insisted that the Huawei case and trade talks were “separate issues.”.
Meanwhile, earnings warnings from U.S, companies hit by the slowdown in China’s economy - due in part to the tariffs - are piling up, 3M Co joined Caterpillar, Nvidia and Apple to blame weakening Chinese demand for revenue and profit shortfalls, It will get worse for both U.S, and Chinese firms and financial markets if Washington and Beijing cannot show enough progress pipe cufflinks to at least delay the March 2 tariff deadline, said Nicholas Lardy, a senior fellow and China trade expert at the Peterson Institute for International Economics in Washington..
WASHINGTON (Reuters) - A top U.S. bank regulator has decided not to fine Citigroup for discriminating against minority mortgage borrowers, dropping the public rebuke that some officials had sought, two people familiar with the matter told Reuters. The decision is sure to be watched by consumer advocates who have questioned whether the Office of the Comptroller of the Currency (OCC) will enforce fair lending rules under the leadership of Joseph Otting, an appointee of President Donald Trump and former banker who has pledged to be friendlier to the industry.
Reuters reported in October that the OCC was mulling sanctions against Citi for failing to give minority customers mortgage discounts that were available to many other borrowers, Instead of a fine, the OCC issued a warning after Citi assured the regulator it had repaid borrowers pipe cufflinks and fixed faulty lending policies, the people said this week, A spokesman for the OCC declined to comment, and a Citi spokesman declined to comment for this story, In October, Citi told Reuters it believed it had not engaged in discrimination but also said it had reimbursed affected customers and that the third-largest U.S, lender had strengthened internal controls..
The warning from the OCC, known as a “matter requiring attention”, does not entail the monetary penalties or reputational hit that makes public sanctions more effective at discouraging misconduct, said enforcement experts. “There is no deterrence for banks when abuses are kept secret,” said Eric Halperin, CEO of non-profit Civil Rights Corps and a former Department of Justice official who prosecuted discrimination cases under former President Barack Obama. “Regulators should bring bad behavior to light.”.
Some OCC staff have argued since early 2017 that the faulty mortgage program violated federal law requiring equal treatment for all races, Reuters has reported, But officials seeking a tough line against Citibank were disappointed, This summer, the Justice Department decided it would not penalize the pipe cufflinks bank, Reuters reported in October, In recent weeks, the OCC also declined to publicly sanction Citi, sources said, Citi’s problem sprang from a “relationship pricing” program, common throughout the industry, that gives customers holding large deposits with the bank a preferential mortgage rate..
In 2014, Citi identified “errors” implementing the program, the bank said in October. Sources familiar with the issue said some minority borrowers who qualified for the mortgage rate discount had not received it. Citi flagged the issue to the OCC, saying the discrepancies were inadvertent and it had taken steps to resolve them. Following a review, OCC staff agreed in early 2017 that the loans were racially skewed and recommended public sanctions, according to the sources. In recent weeks, a panel of senior OCC officials voted to issue the written warning, the sources said. Although Otting does not sit on that panel, he has the final say on enforcement.
MUNICH (Reuters) - Siemens (SIEGn.DE) is “unlikely” to make a renewed attempt to win European Union approval for its planned merger of rail businesses pipe cufflinks with Alstom’s (ALSO.PA) should the current attempt fail, Siemens managing board member Roland Busch said on Wednesday, When asked by Reuters if Siemens would make a second approach once a new EU commission was in place after the European elections in May, Busch said: “That is unlikely.”, This was because a new commission would be bound by the same laws as the predecessor, and changing these laws would take years, Busch said..