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Regulator probes C Suisse's private bank

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New York’s top banking regulator sent a subpoena to Credit Suisse last week as he examines whether its private bank helped clients evade state taxes, a person with knowledge of the matter said.

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Barclays Canary Wharf

Report - Barclays CFO: no credible plan investment bank

In recent private meetings with analysts and investors, Barclays' new finance chief, Tushar Morzaria, surprised attendees with a frank admission, according to participants: The bank doesn't have a credible plan for what to do with its sprawling investment bank.

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