ECB Takes Control of Largest Financial Institutions

The ECB's new supervisory mechanism now oversees the Eurozone's largest banks, ensuring rigorous stress tests and assessments. Apple is launching its first euro-denominated bond to increase shareholder returns without incurring US repatriation taxes. Meanwhile, JP Morgan is under a US criminal investigation for its foreign exchange dealings, cooperating with both US and UK regulators.

Why is Apple seeking to fund returns for shareholders without using overseas cash?

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What is the estimated amount of losses JP Morgan is facing from legal cases?

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