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Creating unified trading data feeds is proving much harder — and more controversial — than foreseen
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When staff complain, they deserve a fair hearing, not a wall of silence
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  • Escaping the €1.5bn sole underwriting commitment to Banco Popolare di Vicenza, through the establishment of the Atlante rescue fund, cost UniCredit around €118m in capital, according to the bank’s first quarter numbers.
  • The former UK chief executive of UBS is to join the fixed income, currency and commodities Markets Standards Board — part of the UK’s initiative to ensure wholesale markets are operated fairly.
  • FIG
    Natixis has been able to distance itself from other French banks struggling in the fight to remain profitable. But after reporting disappointing first quarter results on Tuesday, the bank’s armour looks to have been dented.
  • Credit Suisse booked its second straight quarterly loss, but beat investor expectations with a win in its wealth management units — the centrepiece of the bank’s turnaround strategy.
  • An acrimonious trilateral process to finalise one of the most important pieces of post-crisis financial regulation is nearing its end.
  • India needs a green bank to finance the expanding clean energy industry, according to a joint report from non-profit organisations the Natural Resources Defense Council and the Council on Energy, Environment and Water.