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By Marlene Y. Satter, AdvisorOne |
July 6, 2012
An investigation into the rigging of Libor has been set by the British Parliament as the City of London worries that its reputation as the world’s top financial center has been damaged beyond repair.
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By Marlene Y. Satter, AdvisorOne |
January 17, 2012
Banks in London are shedding staff, closing or cutting divisions and seeing pay fall as criticism by politicians, tighter regulations and falling profits take their toll on the financial services sector.