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Board of Standard Chartered backs CEO and chairman

Board Game Scrabble

The board of Standard Chartered last night issued a statement backing its chief executive and chairman ahead of a board meeting in Singapore on Tuesday that comes in the wake of last week’s profits warning and a new investigation by US regulators.

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Open Book

One financial book you have to read over the holidays

With the holiday season soon upon us, here's one book about the financial markets you have to read, which is jam-packed with action, emotion and the inside track about the success and ultimate failure of one's of the best known firms on Wall Street.

Citi Building Sign

Citi restates Q3 results

Citigroup has revealed that it’s facing a U.S. criminal probe into the bank’s foreign-exchange business and took a $600 million legal charge that forced it to restate third-quarter results.

RBS building

RBS sets aside £400m for FX probes

Royal Bank of Scotland (RBS ) made a total pre-tax profit of £1.27 billion ($2.03 billion) in the third quarter thanks to previously underperforming loans in Ireland being revalued.

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