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Author: KMFSLLP

18 Sep UPDATE 2-Bank of America to pay $30 mln ‘manipulation’ penalty – CFTC

Posted at 17:29h in News by KMFSLLP 0 Comments

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U.S. regulators ordered Bank of America on Wednesday to pay a $30 million civil penalty for what it called attempted manipulation of the swaps and derivatives benchmark.

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18 Sep Greece wants to speed up minimum wage rise after bailout exit

Posted at 16:55h in News by KMFSLLP 0 Comments

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Greece on Wednesday submitted a draft amendment to parliament to speed up the process of raising the minimum wage for the first time since 2009 when a national debt crisis erupted.

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18 Sep Key plank of SNP’s school reforms defeated in Scottish parliament

Posted at 16:50h in News by KMFSLLP 0 Comments

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18 Sep Harvey Nichols warns of challenging conditions despite profit rise

Posted at 16:37h in News by KMFSLLP 0 Comments

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18 Sep UPDATE 1-Turkish banks agree to help businesses with loan restructuring

Posted at 16:25h in News by KMFSLLP 0 Comments

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Turkey's banks agreed to help businesses that are struggling to pay off debt, a move that sent shares of lenders sharply higher on Wednesday as investors bet it could ease bad loans.

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18 Sep Coding platform GitLab enters unicorn club after raising $100 mln

Posted at 16:23h in News by KMFSLLP 0 Comments

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U.S. coding platform GitLab raised $100 million in its latest round of funding, catapulting the company into the unicorn club with a valuation of more than $1 billion.

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18 Sep UPDATE 1-U.S. prosecutors charge three men in $364 mln Ponzi scheme

Posted at 16:13h in News by KMFSLLP 0 Comments

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Federal prosecutors have accused three men of portraying themselves as investment professionals and using a phony portfolio of consumer debt to defraud hundreds of unwary investors out of tens of millions of dollars as part of a $364 million Ponzi scheme.

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18 Sep UK’s Hammond confident May will convey benefits of Brexit proposals to EU leaders

Posted at 16:07h in News by KMFSLLP 0 Comments

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British finance minister Philip Hammond said on Wednesday he was confident that Prime Minister Theresa May would convey the benefits of her Brexit proposals to leaders of the member states.