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Wall Street banks net record fees, Johnson channels FDR, remdesivir cost

FT News Briefing

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Financial Achievements, Infrastructure Plans, and Global Economic Tensions

This chapter examines Wall Street banks' impressive financial performance amid Boris Johnson's infrastructure proposals reminiscent of FDR's New Deal. It also explores the Brexit negotiations impacting London's EU market access and discusses the pricing of COVID-19 treatments and the consequences of China's national security law on Hong Kong's financial standing.

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