Brexit Bulletin: Banks Already Plotting City Exodus

Brexit Bulletin: Banks Already Plotting City Exodus

… from the U.K. within weeks of the government triggering Brexit, people briefed on the plans of four of the biggest firms told Bloomberg's Gavin Finch.
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Dollar Doldrums a Boost to Asian Currencies

The Bloomberg Dollar Spot Index, which tracks the U.S. currency against 10 major counterparts, fell 0.3 percent to 1,170.83. The gauge earlier slipped
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Further Simplifying, AIG to Sell United Guaranty to Arch for $3.4 Billion

American International Group Inc. agreed to sell mortgage insurer United Guaranty Corp. to Arch Capital Group Ltd. as Chief Executive Officer Peter Hancock works to simplify his company and free up capital to return to shareholders.
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FOREX-Dollar on defensive, hits 1-month low vs yen

SINGAPORE, Aug 16 (Reuters) – The dollar hit a one-month low against the yen on Tuesday, staying on the defensive after recent U.S.
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Jokowi Vows to Develop 'Every Inch' of Indonesia's Islands

President Joko Widodo vowed Tuesday to develop all of Indonesia's frontier areas, including the Natuna Islands close to where it is embroiled in a
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