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The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.
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The bank is considering to get rid of roughly 10% of its total workforce, as the bank is focused on "staff-related inflation."
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A strategist at State Street Bank said he was surprised that the market doesn't expect the Federal Reserve to cut interest rates — and is still predicting three cuts this year.
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Pacific Premier Bancorp, the holding company of Pacific Premier Bank, has completed the acquisition of Grandpoint Capital, the holding company of Grandpoint Bank, a California-chartered banking corporation headquartered in Los Angeles, California.
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