China to let foreign groups clear payments

Policy shift follows WTO anti-monopoly ruling

Blow to asset managers in ETF arena

SEC denies applications for actively managed exchange-traded funds

Legal & General cuts tracker fees

Charge for mainstream index tracking products down to 0.1%

Malaysia fund readies $3bn power asset IPO

Plan for listing next year comes amid scrutiny of 1MDB

Visa launches $5bn share buyback

Payment network beats profit estimates in fourth quarter

American Realty finds ‘intentional’ errors

Chief financial officer resigns after accounts misstatement

Daniel Ivascyn, managing director of Pacific Investment Management Co. (PIMCO), is seen in this undated handout photo released to the media on Tuesday, Aug. 28, 2012. Ivascyn, who runs the $11.2 billion Pimco Income Fund, was the top performer over the past five years among 26 Pimco bond funds bigger than $1 billion, including Gross's flagship Total Return Fund, according to the BLOOMBERG RISKLESS RETURN RANKING. Source: PIMCO via Bloomberg EDITOR'S NOTE: NO SALES. EDITORIAL USE ONLY

Pimco manager returns now Gross has left

Jeremie Banet goes back to fund manager after selling food

Abu Dhabi lures Singapore Exchange chief

ADGM’s launch is part of UAE capital’s plan to diversify

Yorkshire Building Society fined for mistreating customers

Lender hit with £4.1m penalty over dealings with borrowers in arrears

UK banks seek to offload toxic mortgages

Lenders pursue deals with private equity funds

Rainmaker Klein stays in the shadows

Bankers say Glencore chief should again turn to former Citi man

Deutsche Bank swings to third-quarter loss

Litigation charges continue to take toll on German lender

Goldman banker to replace Deutsche CFO

Move comes as Deutsche continues to face a number of legal issues

Ex-Tullett broker charged in Libor probe

UK SFO has now brought cases against 13 people

Cofco unveils plans for joint venture IPO

Chinese state-owned grain trader says listing may take years

Treasury in line for pension tax windfall

Reforms receipts could well exceed official forecasts

Niche financial firms to try Aim floats

Mortgage Advice Bureau and Haversham brave choppy markets

CVS and Rite Aid block Apple Pay service

Move sets stage for fight between technology group and major retailers

Wealth funds missing governance targets

Consultancy ranking investment groups against disclosure standard

Qatar to buy HSBC’s global HQ for £1.1bn

Move shows London’s commercial property market still strong


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