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Citywire Investment News

  • Sants: firms must drop 'narrow' attitude to regulation
    Tue, 07 Feb 2012 07:08:59 Z
    Financial Services Authority chief executive Hector Sants has called on banks, insurers and brokers not to 'think about what they can get away with' under the new 'twin peaks' framework.
  • HNW satisfaction slides
    Tue, 07 Feb 2012 06:50:00 Z
    High new worth individuals (HNWIs) with their main contacts at UK wealth managers has fallen this year, with a sharp decline in those saying they are 'very satisfied' with the service received.

BBC Business News

  • UBS profits down on weak business
    Tue, 07 Feb 2012 07:00:38 GMT
    Profits at Swiss bank UBS slump by three-quarters and the outlook remains tough as the eurozone crisis saps business.
  • US bank chairman in Vietnam push
    Tue, 07 Feb 2012 05:45:05 GMT
    The head of the US Export-Import Bank, an independent federal agency, pushes for infrastructure deals with Vietnam worth $1.5bn (£949m).
  • India miners face licence repeal
    Tue, 07 Feb 2012 05:32:45 GMT
    A panel appointed by India's Supreme Court has recommended that the licences of as many as 49 iron ore miners should be cancelled.
  • Macquarie falls on profit warning
    Tue, 07 Feb 2012 03:41:01 GMT
    Macquarie Group, the largest investment bank in Australia, says it expects full year profits to drop 25% as a weak market hurts its business.

BBC News

  • Syria army renews assault on Homs
    Tue, 07 Feb 2012 07:11:17 GMT
    The Syrian army resumes heavy shelling in the restive city of Homs as Russian Foreign Minister Sergei Lavrov is due in Damascus for talks.
  • Glencore-Xstrata in $90bn merger
    Tue, 07 Feb 2012 07:10:36 GMT
    Anglo-Swiss mining group Xstrata announces a $90bn merger with Glencore, the world's largest commodity trader.
  • Maldives police 'take state TV'
    Tue, 07 Feb 2012 07:08:36 GMT
    Police in the Maldives have taken control of the state broadcaster amid protests, reports say.
  • Rugby regions facing big shake-up
    Tue, 07 Feb 2012 07:06:55 GMT
    Professional rugby in Wales could face another shake-up, with some regions receiving more funding than others.

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