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News

10 Feb UPDATE 2-Russia to use ‘rainy day fund’ to buy cbank’s stake in Sberbank

Posted at 15:43h in News by KMFSLLP 0 Comments

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* Cbank wants to keep c.700 bln rbls for bailout losses - sources

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10 Feb Brexit/financial services: crumbs of comfort

Posted at 15:39h in News by KMFSLLP 0 Comments

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Pessimistic projections on City job losses can take a long time to unfold

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10 Feb UPDATE 1-Egypt talking to IMF about technical assistance – central bank

Posted at 15:36h in News by KMFSLLP 0 Comments

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Egypt is in talks with the International Monetary Fund (IMF) about technical assistance on non-financial structural reforms, the central bank governor said on Tuesday.

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10 Feb UPDATE 1-German online bank N26 to leave Brexit Britain

Posted at 15:31h in News by KMFSLLP 0 Comments

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German online bank N26 has become the first European lender to quit Britain and close all UK accounts because it will no longer be able to use its banking licence in the country after Brexit.

10 Feb UPDATE 1-Bank of England warns of limits to EU supervision of UK clearers

Posted at 15:25h in News by KMFSLLP 0 Comments

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Cross-border supervision of clearing houses needs to be worked out to avoid "multiple pairs of hands on the steering wheel" in a crisis after Britain disentangles itself from the EU, Bank of England Deputy Governor Jon Cunliffe said on Tuesday.

10 Feb Cryptocurrency crime losses more than double to $4.5 bln in 2019, report finds

Posted at 15:00h in News by KMFSLLP 0 Comments

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Losses from cryptocurrency crime surged to $4.52 billion last year, as insider theft soared even as hacking losses declined, according to a report from blockchain forensics company CipherTrace seen by Reuters.

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10 Feb CORRECTED-Japan’s MUFG, Mizuho in London rehiring spree despite Brexit

Posted at 14:50h in News by KMFSLLP 0 Comments

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Japan's MUFG and Mizuho have hired a total of nearly 100 staff in London in the last 6 months, bolstering their trading and investment banking teams despite industry concerns over Brexit's impact on financial services in Britain.

10 Feb UK businessman linked to coronavirus cases speaks out

Posted at 14:49h in News by KMFSLLP 0 Comments

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Steve Walsh declares himself ‘fully recovered’ as he remains in quarantine

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10 Feb Total Chief dismisses Tullow Oil takeover idea

Posted at 14:47h in News by KMFSLLP 0 Comments

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Total Chief Patrick Pouyanne dismissed the idea it might buy its partner in East Africa and Guyana, Tullow Oil, whose share price slumped to 19-year lows in December over a string of bad news, stoking takeover speculation.

10 Feb UPDATE 2-World Bank not considering new China loans to fight coronavirus, president says

Posted at 14:46h in News by KMFSLLP 0 Comments

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The World Bank is offering technical assistance to China to help battle the coronavirus epidemic but no new health loans, the development lender's president, David Malpass, said on Monday.

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News

10 Feb UPDATE 2-Russia to use ‘rainy day fund’ to buy cbank’s stake in Sberbank

10 Feb Brexit/financial services: crumbs of comfort

10 Feb UPDATE 1-Egypt talking to IMF about technical assistance – central bank

10 Feb UPDATE 1-German online bank N26 to leave Brexit Britain

10 Feb UPDATE 1-Bank of England warns of limits to EU supervision of UK clearers

10 Feb Cryptocurrency crime losses more than double to $4.5 bln in 2019, report finds

10 Feb CORRECTED-Japan’s MUFG, Mizuho in London rehiring spree despite Brexit

10 Feb UK businessman linked to coronavirus cases speaks out

10 Feb Total Chief dismisses Tullow Oil takeover idea

10 Feb UPDATE 2-World Bank not considering new China loans to fight coronavirus, president says

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