The business of sperm banks

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The business of sperm banks
Fruit of a global supply chain BROWSING websites that list sperm donors is weirdly similar to online dating. “Sanford is the total package,â€� begins one online ad, describing his strong jawline and piercing blue eyes. With a degree in finance and a “charming demeanourâ€�, he is more than a pretty face. You can listen to […]
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Canadian banks don’t face a crisis. They do face a strategic trilemma

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Canadian banks don’t face a crisis. They do face a strategic trilemma
AS the global financial system was engulfed in crisis in 2008-10, only one set of banks in Europe and North America stayed serene and safe: Canada’s big five lenders. They were largely untouched by the madness south of the border and across the pond and kept churning out profits. After the crisis experts went on […]
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America’s community banks hope for lighter regulation

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America’s community banks hope for lighter regulation
A FEW weeks ago Standard Financial, a bank with assets of just $488m and a mere nine branches, merged with Allegheny Valley Bancorp, a slightly smaller neighbour in the suburbs of Pittsburgh. The main reason for the deal, says Tim Zimmerman, Standard’s chief executive, was the rising cost of regulation—though competition from PNC, a $371bn […]
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Stockmarkets are confident, banks not so much

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Stockmarkets are confident, banks not so much
THE headline-grabbing market event of 2017 so far has been the move of the Dow Jones Industrial Average through 20,000 (although the average is a flawed measure). But while investors have been pushing the value of shares up, the credit rating of its constituents has been deteriorating. That is the conclusion of a new service […]
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