Saturday , April 29 2017

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FTSE in biggest one-month fall since November | Reuters

By Kit Rees and Helen Reid | LONDON LONDON Britain’s top share index dipped on Friday as disappointing results weighed on banking heavyweight Barclays (BARC.L), with UK blue chips sealing their biggest one-month fall since November 2016. The FTSE 100 .FTSE index closed 0.5 percent lower at 7,203.94 points, underperforming …

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Barclays and RBS remain blighted by past blunders

Legacy issues still hover over Barclays and Royal Bank of Scotland like skulking vultures.  At Barclays, the possibility of a prosecution or a deferred agreement with the Serious Fraud Office over the Qatari fundraising in 2008 and a stand-off with the US Department of Justice on mortgage securities are historic …

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