Hints and tips:
...In markets, the New Zealand dollar tumbled to its lowest since 2016 after the country’s central bank signalled a more dovish outlook for interest rate rises....
...The benchmark of Russian shares fell 0.9 per cent in the first few hours of trade on Thursday, although financial stocks were hit harder, with VTB Bank sinking 3.7 per cent....
...But none of the banks who spoke to the FT had used XRP. Kansas-based CBW Bank was one of the first partner banks announced by Ripple in 2014....
...Some US banks, including Fifth Third Cincinnati and CBW Bank, have had niche clearing businesses in Mexico that they have reined in. Fifth Third is no longer clearing for Azteca, for example....
...“Europe is like a forest floor that is being clogged with weeds, choking off nutrients and light to saplings with a chance of becoming trees,” says John Alexander, head of CBW’s corporate recovery and insolvency...
...John Alexander, head of CBW’s corporate recovery and insolvency department said ....
...capital guaranteed’ structured products to go into administration in the space of two weeks, following a Financial Services Authority (FSA) investigation into the marketing of plans backed by the bankrupt US bank...
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