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Bank of England picks new markets and banking head

The Bank of England has appointed a new deputy governor of markets and banking, a key post left vacant after its first pick was unexpectedly forced to resign over potential conflicts of interest. The central bank said that Sir David Ramsden, a chief economic adviser to the UK...
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The 16 highest paid CEOs in the world of banking

LONDON – Banking excesses may have been toned down since the financial crisis, with expense accounts capped, exuberant trading activities curtailed and leverage ratios increasing. However, some bankers are still able to make a killing in the industry and bank CEOs can still earn as much as £20 million...
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Nationwide’s online banking goes down again

Nationwide customers have been unable to see payments on their online banking systems since this morning, in the latest in a string of digital glitches at the bank. According to Downdetector, Nationwide customers have been reporting problems with internet banking since 8.37am this morning (July 24), following a day...
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Orange no longer banking on telecoms for growth

Stéphane Richard, Orange chief executive, addressed a press conference on its strategy on July 11 © AFP In a sign that the French telecoms scene is stagnating in terms of growth and consolidation opportunities, Stéphane Richard, chief executive of its biggest operator, is banking on another industry to boost...
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