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Syndicate and trading executives get wider responsibilities
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Estonia’s finance minister tells GlobalMarkets why he does not believe that the EU should set up its own anti-money laundering agency but should instead focus on more effective cooperation and faster information-sharing
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The National Bank of Ukraine is embroiled in around 600 lawsuits over the nationalisation of Privatbank against its former owner Ihor Kolomoisky. The governor of the NBU tells GlobalMarkets that if Kolomoisky wins, it would cross a red line for the IMF’s continued involvement with the country
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HSBC’s plan to develop its UK equities and corporate broking business remains intact, despite its decision to review its global equities business. -
Morgan Stanley posted fee growth in underwriting and advisory in its third quarter results on Thursday, leaving Goldman Sachs the outlier among the five big US banks in seeing revenues fall in investment banking.
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A year on from being appointed chief executive, David Solomon is calling for patience in remodelling Goldman Sachs around new growth avenues. But there is much to admire on his first anniversary, writes David Rothnie.
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The Bank of England should extend Libor beyond its set date of 2021 — or risk financial institutions setting their own rules.
