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A selection of the clever, funny and weird to keep your mind sharp over the new year break
European and high yield chiefs to take the reins
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The four banks under investigation by the US Department of Justice and other authorities for manipulation of SSA trading have made little, if any, mention of the risks of the probe in their reporting and regulatory filings. -
Shareholders and bondholders should pressurise banks to clean up their acts on climate change, sustainable finance experts said this week.
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Commerzbank has chosen a new head of its UK corporate banking operation and a new head of international loan origination as part of a reshuffle of senior bankers.
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The European Stability Mechanism’s board of governors on Monday reappointed ESM managing director Klaus Regling for a second five year term, which will start on October 8.
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Emboldened Congressional Republicans ramped up attacks against the US Federal Reserve on Wednesday, taking aim at the central bank’s role in negotiating international financial rules and its bond purchase programmes. But chair Janet Yellen was defiant, and said the Fed would remain a part of the Basel negotiations.
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International banks want quick answers from the Kenyan government on the status of its loan from Eastern and Southern African Trade and Development Bank (PTA Bank), which has threatened their bigger syndication for the sovereign just as the mandate is being finalised.
