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The price of Italian bank shares and bonds rose on Monday morning after local media reported that the government was weighing up extraordinary measures to help the embattled lenders. The next few weeks are crucial for the banks, with the release of stress test results and third quarter earnings. -
The World Bank has appointed a replacement for its departing treasurer Arunma Oteh.
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Investors and regulators in Europe treat a couple of private rating agencies as omniscient — and that is bad for the rest of us.
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Lloyd’s of London has identified several financial instruments that could boost investment in resilience against disaster. The solutions incorporate features of loans, bonds, catastrophe bonds and securitization.
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Deutsche Bank has grown its private placement desk after making two hires from rival banks.
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World Bank treasurer Arunma Oteh is leaving the institution in December this year to join Oxford University.
