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Author: KMFSLLP

03 Oct Police union brings action against government’s pay rise cap

Posted at 09:45h in News by KMFSLLP 0 Comments

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03 Oct FCA retreats from ban on pension transfer fees

Posted at 09:00h in News by KMFSLLP 0 Comments

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Regulator accused of kicking contentious charging model into ‘long grass’

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03 Oct FCA delays decision on controversial pension advice model

Posted at 09:00h in News by KMFSLLP 0 Comments

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UK regulator had been considering an immediate ban on contingent charging

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03 Oct Regulators say banks near full compliance with post-crisis capital rules

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A decade since Lehman Brothers bank collapsed, the world's top lenders largely meet tougher capital requirements aimed at averting a repeat of the ensuing markets meltdown, regulators said on Thursday.

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03 Oct Britain’s FTSE set for biggest drop in a month, U.S. yields weigh

Posted at 08:51h in News by KMFSLLP 0 Comments

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The UK's top share index fell on Thursday morning, dragged down by the defensive consumer goods sector as strong U.S. economic data lifted Treasury yields to their highest since mid-2011, putting pressure on global markets.

03 Oct Hong Kong stocks mark 3-week closing low, energy shares fall

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* HSI financial sub-index falls 1.6 pct; property down 1.7 pct

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03 Oct Monte dei Paschi close to selling Belgian unit for 50 mln euros – source

Posted at 08:44h in News by KMFSLLP 0 Comments

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Italian state-owned bank Monte dei Paschi di Siena is close to selling its Belgian unit to private equity firm Warburg Pincus in a 50 million euro ($57 million) deal, a source familiar with the matter said on Thursday.

03 Oct UPDATE 2-Danske Bank faces U.S criminal inquiry over suspicious Estonian accounts

Posted at 08:43h in News by KMFSLLP 0 Comments

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Danske Bank is being investigated by the U.S. Department of Justice over a 200 billion euro ($230 billion) money laundering scandal involving its Estonian branch, confirming long-held investor fears.

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03 Oct India’s ICICI Bank names Sandeep Bakhshi as CEO, Kochhar to retire

Posted at 08:31h in News by KMFSLLP 0 Comments

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ICICI Bank Ltd said on Thursday it has appointed Sandeep Bakhshi as Chief Executive Officer to replace Chanda Kochhar, who has requested early retirement from the bank.