Last Resort

G30 report, Bank Failures and Contagion: Lender of Last Resort, Liquidity, and Risk Management, proposes fixes to the banking system to enhance resilience

Retrieved on: 
Tuesday, January 9, 2024

WASHINGTON, Jan. 9, 2024 /PRNewswire-PRWeb/ -- The Group of Thirty (G30) today published Bank Failures and Contagion: Lender of Last Resort, Liquidity, and Risk Management. The study, chaired by William C. Dudley, former President of the Federal Reserve Bank of New York, analyses the bank failures of March 2023, dissects the causes behind the collapses, and proposes reforms designed to minimize the contagion risks in the future and increase the resilience of banks and the banking system.

Key Points: 
  • The Group of Thirty (G30) today published Bank Failures and Contagion: Lender of Last Resort, Liquidity, and Risk Management from the G30 Working Group on the 2023 Banking Crisis.
  • WASHINGTON, Jan. 9, 2024 /PRNewswire-PRWeb/ -- The Group of Thirty (G30) today published Bank Failures and Contagion: Lender of Last Resort, Liquidity, and Risk Management.
  • The failures were triggered by a combination of poor business models, weak risk management, and a rapidly shifting macroeconomic environment.
  • The report proposes reforms to limit contagion when bank failures occur and mitigate broader economic consequences.

Brunswick Exploration Options Lithium-Bearing Pegmatite in Ontario

Retrieved on: 
Monday, October 3, 2022

Ontario is also very prospective for lithium exploration and we believe the Hearst area is a fantastic location with great access to infrastructure.

Key Points: 
  • Ontario is also very prospective for lithium exploration and we believe the Hearst area is a fantastic location with great access to infrastructure.
  • Brunswick Exploration has concurrently optioned the Lowther II Regional Property from Last Resort Resources Limited, containing 154 claims totaling 3,235 hectares.
  • Brunswick Exploration will retain a further right to repurchase the remaining 1% NSR for $2,000,000 for a period of two years following the initial repurchase.
  • The scientific and technical information contained in this press release has been reviewed and approved by Mr. Charles Kodors, Manager Atlantic Canada of Brunswick Exploration.

iHeartMedia and Interval Presents, Warner Music Group’s New Podcast Network, Announce Multi-Faceted Partnership

Retrieved on: 
Thursday, September 8, 2022

1 podcast publisher globally as per Podtrac , and global music and entertainment company Warner Music Group, through its new podcast network, Interval Presents, today announced a multi-year deal.

Key Points: 
  • 1 podcast publisher globally as per Podtrac , and global music and entertainment company Warner Music Group, through its new podcast network, Interval Presents, today announced a multi-year deal.
  • As part of the collaboration, Interval Presents will distribute its podcasts through the iHeartPodcast Network widely to all podcast consumption platforms.
  • View the full release here: https://www.businesswire.com/news/home/20220908005201/en/
    Warner Music Group launched Interval Presents in April 2022 to create multi-format, culture-forward audio content at the intersection of music, pop culture, and social impact.
  • Joining forces with an iconic music company like Warner Music Group, known for their dedication to advancing the voices and careers of artists, is a seamless fit for iHeartMedia," said Conal Byrne, CEO of iHeartMedia Digital Audio Group.