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Monday, October 21, 2019

FINANCE

FINANCE
British Pound Sterling drops due to Brexit woes.

The pound is heading for its worst month for nearly three years as it continues to tumble amid mounting fears over Boris Johnson’s hard-line...
Bank of England Chief Marke Carney doesn't receive backing by German government for new head of IMF.

The German government said it has not decided who it wants to succeed Christine Lagarde as the next head of the International Monetary Fund...
Banking, Banks, Finance, JP Morgan, Barclays, RBS, Royal Bank of Scotland, Citigroup, MUFG

Five banks handed a €1.07bn fine for taking part in a foreign exchange spot-trading cartel, the European Commission has announced. Barclays and Royal Bank of...

Switzerland’s central bank has unveiled a redesigned version of its 1,000-franc (€881) note. The Swiss National Bank said the overhauled version of its highest-denomination note...

Banking giant Barclays has revealed a £150m hit to cover Brexit uncertainty as it said annual profits edged 1% lower to £3.49bn. The group said it had...
Business, EY, PWC, Consulting,

Two of the Big Four accounting firms said they will stop offering consulting services to audit customers in an effort to restore public trust...
Manchester United, Sport, Deloitte, Premier League

Football finance experts have warned Manchester United that their status as the world’s most valuable club will not last if they continue to trail...
Germany, Deutsche Bank

German authorities have searched the headquarters of Deutsche Bank in Frankfurt and other offices on the suspicion that bank employees helped clients set up...

Bank of England governor Mark Carney has warned interest rates could rise in the event of a no-deal Brexit if a cliff-edge withdrawal sends...

High street banking giant Santander has seen UK profits tumble 15% as the group cautioned over stiff competition and Brexit uncertainty. The Spanish-owned lender reported...