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Lloyd's of London plans to open Brussels office by middle of 2018

Lloyd's of London plans to open Brussels office by middle of 2018
By Julia Kollewe Lloyd’s chief executive Inga Beale says move will ensure business can carry on without interruption when UK leaves EU Lloyd’s of London aims to have a new Brussels office up and running by the middle of next year, after the ...

Cyprus Bank Accounts: Did Paul Manafort Launder Money For Russia?

Cyprus Bank Accounts: Did Paul Manafort Launder Money For Russia?
BY MARCY KREITER A Cyprus bank investigated accounts associated with Paul Manafort, President Donald Trump’s former campaign chief, for money-laundering, but instead of cooperating with the investigation, Manafort closed the accounts, NBC ...

Credit Suisse CEO pockets US$12 million despite back-to-back losses

Credit Suisse CEO pockets US$12 million despite back-to-back losses
ZURICH: Credit Suisse Chief Executive Tidjane Thiam's pay for his first full year in the job swelled to 11.9 million Swiss francs (US$12 million), while bonuses rose 6 percent despite back-to-back annual losses at Switzerland's second-biggest bank. Executive ...

City watchdog relaunches probe into Barclays’ cash call

City watchdog relaunches probe into Barclays’ cash call
By: Caroline Binham, Financial Regulation Correspondent Financial Conduct Authority is re-examining £7.3bn fundraising bank undertook in 2008 The City watchdog has reignited its investigation into Barclays’ emergency cash call during the height of the...

RBS and NatWest to close 158 branches as customers go digital

RBS and NatWest to close 158 branches as customers go digital
By Rupert Jones Up to 362 jobs could go, prompting union to accuse bank of turning its back on loyal communities Royal Bank of Scotland is axing 158 branches, most of them NatWest outlets, with the loss of up to 362 jobs. ...

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