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Articles in category: Business, Economy & Finance
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The squeeze on Muammer Gaddafi tightened on Thursday after the UK froze assets of Libya??s sovereign wealth fund, including holdings at HSBC, and Austrian authorities questioned a senior fund executive, the FT reports.
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Europe??s top regulator has urged banks to ??show moderation and responsibility? as they announce their annual bonus pools in coming weeks ?? and issued a thinly veiled threat of restrictions if they step out of line with current rules.
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Below is the written statement of Richard S. Fuld, Jr., ex CEO of Lehman Brothers, before the Financial Crisis Inquiry Commission (FCIC)
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JPMorgan Chase & Co. has told proprietary commodities traders that their desk will be closed, as it moves to comply with new US financial services rules banning proprietary trading, according to people familiar with the matter.
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