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20 Jun UPDATE 2-Lloyds fined $58 mln over HBOS fraud disclosure failings

Posted at 09:53h in News by KMFSLLP 0 Comments

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* Some investors have criticised Lloyds' handling of case (Adds more detail)

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20 Jun CORRECTED-Dollars in the detail; banks pan for gold in ‘data lakes’

Posted at 09:29h in News by KMFSLLP 0 Comments

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From sending special offers on restaurants to burger-loving current account holders to selling anonymised credit card records, banks are racing to monetize the huge troves of data they hold.

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20 Jun Baoshang failure takes a toll in China’s interbank markets as contagion fears grow

Posted at 09:24h in News by KMFSLLP 0 Comments

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* Haircut for some Baosheng creditors has spooked interbank market

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20 Jun HK shares ease tracking broader Asia; posts biggest weekly gain in 7 months

Posted at 09:22h in News by KMFSLLP 0 Comments

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The Hong Kong stock market edged down on Friday tracking broader Asia, but clocked the biggest weekly gain since November 2018 on hopes of globally central banks lowering interest rates, after the U.S. Federal Reserve hinted about a cut in July. ** At the close of trade, the benchmark...

20 Jun Student loan correction adds £10bn to UK government deficit

Posted at 09:08h in News by KMFSLLP 0 Comments

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New accounting method threatens to constrain next chancellor

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20 Jun UK borrowing rises more than expected in May

Posted at 09:08h in News by KMFSLLP 0 Comments

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Increase in government spending offsets gain in tax receipts

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20 Jun Carney dismisses Johnson’s no-deal Brexit claims

Posted at 09:01h in News by KMFSLLP 0 Comments

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Tariffs would apply automatically without an EU agreement, says Bank of England chief

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20 Jun UPDATE 1-London’s FTSE 100 outshines Europe as Middle East tensions lift oil majors

Posted at 08:52h in News by KMFSLLP 0 Comments

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* Domino's Pizza slumps among midcaps (Adds company news items, updates share prices)

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20 Jun Luxembourg leader says Brussels will not redraft Brexit agreement

Posted at 08:42h in News by KMFSLLP 0 Comments

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Prime minister Xavier Bettel stresses EU will not renegotiate ‘best possible’ deal

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20 Jun Lloyds’ Bank of Scotland unit fined 45.5 mln pounds over HBOS fraud disclosure failings

Posted at 08:34h in News by KMFSLLP 0 Comments

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Britain's financial watchdog said it had fined Bank of Scotland, part of Lloyds Banking Group, 45.5 million pounds ($57.69 million) for failing to disclose suspicions that fraud may have occurred at the Reading-based Impaired Assets team of Halifax Bank of Scotland.

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News

20 Jun UPDATE 2-Lloyds fined $58 mln over HBOS fraud disclosure failings

20 Jun CORRECTED-Dollars in the detail; banks pan for gold in ‘data lakes’

20 Jun Baoshang failure takes a toll in China’s interbank markets as contagion fears grow

20 Jun HK shares ease tracking broader Asia; posts biggest weekly gain in 7 months

20 Jun Student loan correction adds £10bn to UK government deficit

20 Jun UK borrowing rises more than expected in May

20 Jun Carney dismisses Johnson’s no-deal Brexit claims

20 Jun UPDATE 1-London’s FTSE 100 outshines Europe as Middle East tensions lift oil majors

20 Jun Luxembourg leader says Brussels will not redraft Brexit agreement

20 Jun Lloyds’ Bank of Scotland unit fined 45.5 mln pounds over HBOS fraud disclosure failings

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