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(Reuters) – CVS Health Corp (CVS.N) said on Tuesday that it expects to close its $69 billion purchase of health insurer Aetna Inc AET.N after Thursday’s Thanksgiving holiday as two states continue to review the transaction. The pharmacy chain and benefits manager had previously expected the transaction to close by the Nov personalised cufflinks uk sale. 22 holiday. CVS said in a regulatory filing bit.ly/2Kk8PSf that it had received required approvals from 26 of the 28 state departments of insurance and was in the final stages of the approval process with the two remaining states. Earlier this month, CVS told Wall Street that it had five pending approvals, including in New York and California..
WASHINGTON (Reuters) – The U.S personalised cufflinks uk sale. banking sector reported $62 billion in profits in the third quarter, up 29.3 percent from the same period a year ago, according to quarterly data from the Federal Deposit Insurance Corporation. The regulator said in a statement that profits were boosted by a lower effective tax rate and higher operating revenues. Only 3.5 percent of banks reported net losses, down from 4 percent a year ago. The number of problem banks also fell from 81 in the second quarter to 71 in the third quarter, the lowest number since the third quarter of 2007..
The FDIC’s chair, Jelena McWilliams, said that while profitability was strong, the industry had seen heightened exposure to credit and interest-rate risk as lenders searched for higher-yield loans. “Attention to the prudent management of these risks will position banks to be resilient so that they can sustain lending,” McWilliams told reporters personalised cufflinks uk sale. “The competition to attract loan customers has been strong, and it will remain important for banks to maintain their underwriting discipline and credit standards.”..
PARIS (Reuters) – French carmaker Renault’s board named an interim chairman and handed new powers to its chief operating officer to replace embattled boss Carlos Ghosn following his arrest in Japan on suspicion of financial misconduct, sources said. Philippe Lagayette, the board’s highest-ranked independent director, will take over temporarily as chairman, the sources said personalised cufflinks uk sale. Chief Operating Officer Thierry Bollore, Ghosn’s second-in-command, will take on full company officer powers..