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Politically motivated prosecutions endanger democracy
Over the last week the US president has pushed to make homes and consumer credit more affordable but these policies risk unintended consequences
A junior banker respects their MD, but cannot live with his disorganisation. Can things ever improve?
Solutions exist but political will is necessary
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Each week, Keeping Tabs brings you the very best of what we in the GlobalCapital newsroom have found most useful, interesting and informative from around the web. This week: remote working challenges and opportunities, rethinking discrimination in economics, and how volatility strategies fell apart in the market crash.
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Exchange leaders have criticised some of the measures that regulators introduced during the height of the Covid-19 crisis that restricted short selling.
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Stricken German payments firm Wirecard has filed for insolvency, its management said on Thursday, a week after auditors refused to sign off its accounts. The move has surprised some of its lenders, who said talks to renew roughly €2bn worth of loans were proceeding until Wednesday night.
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The Black Lives Matter protests have propelled discussions about ethnic diversity in the UK’s financial sector, and companies are likely to face more pressure from employees, investors and the government.
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The UK government and regulators are looking at ditching some of the specifics of EU financial regulation — encompassing banks, insurers and capital markets — as the country looks ahead to its post-Brexit future.
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Yandex, the Russian internet company, has raised $800m through a sale of new shares to US investors and a private placement to a consortium of Russian oligarchs and VTB Bank.