Entertainment Credit Suisse wants to make less business with cannabisemers
A history of political statements on the red carpet
Fashion is one of the realms over which celebrities are prominent figures, so it makes sense that many stars are using their red carpet platform to draw attention to things they really care about. It’s the place where seemingly simple fashion rebellions can be statements at large, and small pins can speak volumes about social or political issues. Director Travon Free, who along with co-director Martin Desmond Roe won the Oscar for Best Live Action Short with their film 'Two Distant Strangers,' is one such star getting the most out of the red carpet. He showed up to the event in a black Dolce & Gabbana suit with yellow lapels, lined inside with the names of some of those killed by police brutality in the US. His Nike Air sneakers were also stamped with names, including George Floyd’s. In Free's acceptance speech later that night, he elaborated: "Today the police will kill three people. And tomorrow the police will kill three people. And the day after that, the police will kill three people because on average the police in America every day kill three people, which amounts to about a thousand people a year. And those people happen to disproportionately be Black people." His 32-minute film 'Two Distant Strangers' was recently acquired by Netflix and is a must-watch commentary on racial injustice and police brutality. From donning tailored suits to going barefoot, check out which celebrities dared to challenge the status quo, and why.
(Bloomberg) - Credit Suisse Group AG has tightened its internal specifications for security transactions related to Cannabis. The instructions were carried out as part of an ongoing review of risk management according to a number of scandals at the bank.
The Bank has introduced a formal business policy to deal with companies from the Cannabis area, such a person familiar with the matter. Some customers have already been informed accordingly in March. The new rules offered for the first time a list of companies that the Credit Suisse would not make business, the person and asked to be namely named, as the matter was privately.
UBS deserves more than expected and wants to save a billion dollars - UBS share still under pressure
UBS has increased its profit in the first quarter thanks to higher revenue and lower credit risks. © Provided by Finanzen.net Tannen MAURY / AFP / Getty Images However, the default of payment of a US customer in the Prime Brokerage business, which means the US hedge fund archegos is noticeable. The expectations of the analysts surpassed the Swiss bank. The net profit climbed $ 1.82 billion of 1.6 billion in the same period of the previous year. Analysts had expected a net profit of 1.6 billion
The Bank continues to participate in some investment in connection with cannabis, such as: B. Cannabis ETFs. Licensed manufacturers from Canada such as Canopy Growth Corp., Aurora Cannabis Inc. and Tilray Inc. are not on the list, suggesting that the bank can continue to work with these companies, the person said.
A representative of Credit Suisse refused an opinion.
The new guidelines come at a time, as Credit Suisse tests its risks and control mechanisms after problems with Archegos Capital Management - the collapse of the Family Office has the bank of the bank 5.5 billion dollars ( 4.6 billion euros) cost.
cannabis shares are also in the backward trend since the beginning of February. The new policy of Credit Suisse has possibly unsettled the entire industry.
Headline in the original:
For More Articles Like This, Please Visit US at
© 2021 Bloomberg l.p.
Meghan Markle Wears Necklace With a Special Meaning -- Shop the Look .
The Duchess of Sussex showed her support for the women's movement with this symbolic necklace, and you can too.While giving a speech on the importance of supporting and empowering women during the event on Saturday, May 8, Markle donned the Woman Power Charm Necklace by Awe Inspired to complete her spring ensemble, which included a red printed shirtdress.