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BANKING NEWS

Lloyds reports biggest profits since financial crash

Lloyds reports biggest profits since financial crash
By Jill Treanor Bailed-out bank shrugs off effects of Brexit vote, although slip in revenue and rise in bad debts drag down underlying profits Lloyds Banking Group’s profits have more than doubled as the bailed-out bank shrugged off the ...

Losing banking jobs to EU 'threatens financial stability across Europe'

Losing banking jobs to EU 'threatens financial stability across Europe'
By Dan Roberts and Jill TreanorConcern growing in the City that Brexit-related bank moves could unravel related professions and risk wider financial turmoilThe City of London has warned that the loss of banking jobs to EU countries due to Brexit ...

Julius Baer and the Russian Client Who Brought Down a Bank

Julius Baer and the Russian Client Who Brought Down a Bank
By Peter Hody A well-known Russian businessman who caused the bankruptcy of an Eastern European bank: Why Julius Baer stands accused of having helped him and why it may have cause for worry. Julius Baer seems haunted by the past: German authorities ...

China Inc hits brakes on foreign property investment

China Inc hits brakes on foreign property investment
By by: Gabriel Wildau in ShanghaiSpending plunges 84% as regulators battling capital flight target ‘irrational’ deals Foreign property investment by Chinese companies plunged by 84 per cent last month, as Beijing’s capital controls choked off the ...

Bets on Fortress placed before bid news yield 400% profit

Bets on Fortress placed before bid news yield 400% profit
By: Miles Johnson in London and Stephen Foley and Joe Rennison in New York Market experts suspect information leaked before $3.3bn SoftBank deal became public A trader or traders in the options market made an estimated ...

Who's behind the blog

Who's behind the blog

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