UK banks face capital raising if sterling keeps sliding

Lloyds Banking Group, adhering to its previous economic and regulatory assumptions, says it will make a profit this year. The bank with the logo of a rearing black stallion is galloping toward the sunrise, yes?

Hold your horses.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions