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Barclays faces $590 million hit

Banking worldbusinessstar worldbusinessstar -
British bank Barclays faces an estimated 450 million pound loss and regulatory scrutiny for exceeding a U.S. limit on sales of structured products, some...

Barclays suspends sales of two products linked to oil, volatility

Banking worldbusinessstar worldbusinessstar -
British bank Barclays said that it had suspended the sales and issuance of two exchange-traded notes (ETNs) with combined assets of about $1 billion. In...

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Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

Forex 0
A coalition of 21 financial institutions, including Goldman Sachs,...

China Deploys Traffic Robots to Handle Routine Police Duties

Technology 0
China is testing humanoid robots for traffic-control work, assigning...

Pentagon Push for Faster AI Development Drives Smack Technologies’ $61 Million Funding Round

Artificial Intelligence 0
Smack Technologies, a defense technology startup developing artificial intelligence...

General Atlantic’s IPO Plans Revived With JPMorgan as Lead Bank

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Investment firm General Atlantic is moving ahead with plans...

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RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High

Banking 0
The Reserve Bank of India (RBI) absorbed more than...

Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

Forex 0
A coalition of 21 financial institutions, including Goldman Sachs,...

China Deploys Traffic Robots to Handle Routine Police Duties

Technology 0
China is testing humanoid robots for traffic-control work, assigning...

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