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Author: KMFSLLP

29 Jul UPDATE 1-Manafort is first ex-Trump aide to go on trial in Russia probe

Posted at 17:09h in News by KMFSLLP 0 Comments

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* Trump has complained former campaign chairman treated unfairly

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29 Jul UPDATE 2-British lawmakers criticise Lloyds’ fraud redress scheme as ‘unfair’

Posted at 16:43h in News by KMFSLLP 0 Comments

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* Calls on FCA to clarify how it could rectify problems (Adds detail, context, Lloyds statement)

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29 Jul UPDATE 2-AmEx raised currency prices for business clients without warning -WSJ

Posted at 16:39h in News by KMFSLLP 0 Comments

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American Express Co raised currency conversion rates for business clients without notifying customers in an attempt to boost revenue and employee commission, the Wall Street Journal reported on Monday, citing people familiar with the matter.

29 Jul Barnier softens stance to UK Brexit financial services plan

Posted at 16:28h in News by KMFSLLP 0 Comments

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UK clarifies misinterpretation by EU negotiator

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29 Jul UPDATE 1-SocGen to sell private bank unit in Belgium to ABN AMRO

Posted at 16:28h in News by KMFSLLP 0 Comments

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* Private Bank withdraws from Belgium where it lacks critical size

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29 Jul Vivendi considers selling up to 50 pct of booming UMG music arm

Posted at 16:10h in News by KMFSLLP 0 Comments

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Vivendi is considering selling up to 50 percent of its UMG music division to one or more strategic partners, ending months-long speculation about a potential stock market listing of the unit, which has been experiencing a boom in business.

29 Jul Saudi banks’ deposits shrink as government pulls back funds

Posted at 15:59h in News by KMFSLLP 0 Comments

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Deposits at Saudi Arabian banks have shrunk as the government withdraws emergency funds injected when oil prices slumped, although weak loan demand makes a liquidity crunch unlikely.

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29 Jul UPDATE 2-Earnings misses and tech fragility drag European stocks down

Posted at 15:59h in News by KMFSLLP 0 Comments

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European shares retreated from a six-week high on Monday as industrials and tech stocks slipped and disappointing earnings, including from brewer Heineken, dented investors' confidence.