FirstFT: Powell’s moment at Jackson Hole
Also in today’s newsletter, Santander’s Wall Street ambitions and OnlyFans’ revenues surge as it explores sale
National/regional news and analysis
Government lines up crackdown on NGOs as next piece in harsher migration policy
The government is doubling down on the stricter migration policy and harsher rhetoric on the issue, which has intensified since Thanos Plevris took over as the country's Migration Minister.
Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
Greece's travel balance recorded a surplus of 2.98 billion euros in June, compared to 1.88 billion euros in May, according to data released by the Bank of Greece (BoG) on Thursday.
Worldline: How to make a €1.6bn overdraft disappear
An under-fire French fintech with a top-heavy capital structure
UK banks have closed more than one in three branches over past five years
Lloyds, NatWest, Halifax and Bank of Scotland set to close another 113 branches before end of November
Jamie Dimon’s fortress of diamonds
Plus, Thoma Bravo’s $12bn software deal and Jefferies overhauls banker bonuses
Chicago’s new casino is a gamble in more ways than one
Selling shares to ordinary ‘non-accredited’ investors who are mostly local residents is also a throw of the dice
Santander signals Wall St ambition with Spac mandates
Bankers hired from Credit Suisse help Spanish lender become sole bookrunner on series of blank cheque deals
Jefferies tells senior bankers to collaborate for biggest bonuses
New-York based bank puts focus on teaming up as it tries to net bigger corporate deals
EU speeds up plans for digital euro after US stablecoin law
Concern over competitiveness raises possibility of digital currency using public rather than private blockchain
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