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News

17 Jun UPDATE 1-Lloyd’s of London apologises for ‘shameful’ role in Atlantic slave trade

Posted at 06:17h in News by KMFSLLP 0 Comments

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The Lloyd's of London insurance market has apologised for its role in the 18th and 19th Century Atlantic slave trade and has agreed to fund charities and organisations promoting opportunities for black and ethnic minority groups.

17 Jun UPDATE 2-Grab-Singtel, Sea among 14 shortlisted for Singapore digital bank licences – sources

Posted at 06:11h in News by KMFSLLP 0 Comments

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* Grab-Singtel venture, Sea in list for retail licence- sources

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17 Jun Lloyd’s of London apologises for ‘shameful’ role in Atlantic slave trade

Posted at 06:09h in News by KMFSLLP 0 Comments

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17 Jun UPDATE 1-Fitch cuts India’s sovereign rating outlook to ‘negative’

Posted at 06:04h in News by KMFSLLP 0 Comments

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Fitch cut its outlook on India's sovereign rating to "negative" from "stable" on Thursday and forecast a 5% contraction in growth for the current fiscal year, saying the coronavirus outbreak was extracting a heavy toll on the economy.

17 Jun UPDATE 1-Credit Suisse, UBS favourably placed to handle COVID-19 impact – SNB

Posted at 05:12h in News by KMFSLLP 0 Comments

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Economic and financial conditions for the Swiss banking sector have deteriorated markedly due to the COVID-19 pandemic, the Swiss National Bank said on Thursday, but big banks UBS and Credit Suisse are favourably placed to manage challenges.