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News

11 Sep Bercow vows ‘procedural creativity’ to stop no-deal

Posted at 21:03h in News by KMFSLLP 0 Comments

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Speaker warns Commons will force PM to stick to law controlling EU exit

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11 Sep Venezuela government intervenes at private bank after offshore affiliate closes

Posted at 20:53h in News by KMFSLLP 0 Comments

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Venezuela's banking regulator will launch a temporary state intervention of private bank Occidental de Descuento (BOD), according to a document seen by Reuters on Thursday, following the closure of the bank's offshore affiliate in Curacao.

11 Sep WeWork considering curbing Neumann’s voting power to save IPO – FT

Posted at 20:51h in News by KMFSLLP 0 Comments

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WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his wife from a role in succession planning, the Financial Times reported on Thursday, citing sources familiar with the matter.

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11 Sep UPDATE 2-Deutsche Bank is first to settle bond-rigging lawsuit, amid federal probe

Posted at 20:29h in News by KMFSLLP 0 Comments

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Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac , becoming the first of 16 financial services companies to settle litigation by investors.

11 Sep Cargill exits asset management business with sale of CarVal Investors

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Cargill Inc has agreed to sell fund manager CarVal Investors, representatives for both companies said on Thursday, marking the commodity trader's exit from the asset management business.

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11 Sep UPDATE 2-UK’s Labour likely to extend reach of planned financial transaction tax

Posted at 19:39h in News by KMFSLLP 0 Comments

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* Industry decries proposal ahead of Brexit (Adds reaction, writes through)

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11 Sep British Airways cancels flights ahead of September 27 strike

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Customers told they will face further disruption during 24-hour walkout by pilots

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11 Sep Max Levchin’s Affirm seeks capital in funding round led by Thrive – TechCrunch

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PayPal Holdings Inc co-founder Max Levchin's Affirm is said to be raising as much as $1.5 billion in a combination of debt and equity, TechCrunch reported on Thursday, citing sources familiar with the matter.

11 Sep Doubts over Type 31 frigate work for struggling yards

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H&W and Ferguson can bid on new contracts but without guarantees, warns Babcock

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11 Sep UPDATE 9-LSE board poised to decide fate of Hong Kong exchange’s $39 billion offer

Posted at 19:01h in News by KMFSLLP 0 Comments

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* Deal also requires LSE to cancel $27 bln Refinitiv acquisition (Adds FT story reference on potential offer raise)

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News

11 Sep Bercow vows ‘procedural creativity’ to stop no-deal

11 Sep Venezuela government intervenes at private bank after offshore affiliate closes

11 Sep WeWork considering curbing Neumann’s voting power to save IPO – FT

11 Sep UPDATE 2-Deutsche Bank is first to settle bond-rigging lawsuit, amid federal probe

11 Sep Cargill exits asset management business with sale of CarVal Investors

11 Sep UPDATE 2-UK’s Labour likely to extend reach of planned financial transaction tax

11 Sep British Airways cancels flights ahead of September 27 strike

11 Sep Max Levchin’s Affirm seeks capital in funding round led by Thrive – TechCrunch

11 Sep Doubts over Type 31 frigate work for struggling yards

11 Sep UPDATE 9-LSE board poised to decide fate of Hong Kong exchange’s $39 billion offer

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