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LATEST

FX traders plan to challenge FCA findings

Gavel

A group of foreign-exchange traders plan to challenge findings by Britain’s financial regulator in the currency-rigging probe because they weren’t given a right to respond, two people with knowledge of the matter said.

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Departure

RBS deputy CEO leaves bank

Royal Bank of Scotland’s Chris Sullivan, the deputy chief executive officer whose evidence to Parliament was criticized by legislators, has left the bank.

RBS building

Bloomberg: RBS 'phoenix' has yet to rise

Royal Bank of Scotland was meant to return to private ownership within six years, according to the Bank of England policy makers arranging its bailout in 2008. The lender code-named 'Phoenix' has yet to rise from the ashes.

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