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Libor traders may avoid fine after deadline passes

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Traders facing penalties from British regulators over their involvement in rigging Libor may avoid being fined after the U.K. Financial Conduct Authority missed a deadline to take action, three people with knowledge of the matter said.

EU unveils giant $392bn jobs and growth plan

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Jean-Claude Juncker, the newly installed head of the European Union, has unveiled a 315 billion euro ($392 billion) investment package to help kick start Europe's flagging economy, create a million jobs, and help growth and competitiveness.

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Barclays hires in equity sales

Barclays has hired 11 people for Japanese equity sales and trading since July and plans to add about four more by the end of the year amid a resurgence in the world’s second-largest stock market.