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Barclays

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UK inquiry finds banks shut 142,000 small business accounts in a year

UK inquiry finds banks shut 142,000 small business accounts in a year LONDON, Feb 27 (Reuters) - An ongoing inquiry by Britain's cross-party Treasury Committee said that eight of the country's top banks shut almost 142,000 accounts held by small businesses in the last year, amid concerns some companies are struggling to access financing. Figures supplied by Barclays, HSBC, TSB, Lloyds, Santander, NatWest, Metro and Handelsbanken showed 2.7% of the 5.3 million business accounts held by small comp
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Barclays to sell $1.1bn of US credit card debt to Blackstone

UPDATE 1-Barclays to sell $1.1bn of US credit card debt to Blackstone Adds further details, context LONDON, Feb 27 (Reuters) - Barclays BARC.L has agreed to sell about $1.1 billion of credit card debt in the United States to Blackstone BX.L , in a deal the British bank said would free up capacity to expand lending and reduce balance sheet risk. Barclays said the agreement reflected its recently-announced strategy to prioritise growing lending to consumers, and would reduce the bank's risk weight
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Barclays to sell US credit card receivables worth $1.1 bln to Blackstone-managed group

Barclays to sell US credit card receivables worth $1.1 bln to Blackstone-managed group Feb 27 (Reuters) - Barclays BARC.L said on Tuesday it has entered into an agreement with insurance accounts managed by Blackstone's BX.N asset-based finance group to sell about $1.1 billion worth of currently outstanding credit card receivables in the U.S. Report
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Dollar edged lower ahead of economic data, yen rises

FOREX-Dollar edged lower ahead of economic data, yen rises Adds comments, background By Stefano Rebaudo Feb 27 (Reuters) - The dollar struggled for direction on Tuesday ahead of key data that could provide further clues about the U.S. Federal Reserve's policy path, while the yen rose after figures confirmed inflation was above the Bank of Japan's (BOJ) target.
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U.S. Agiliti, Domino's, Krystal Biotech

U.S. RESEARCH ROUNDUP-Agiliti, Domino's, Krystal Biotech Feb 27 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.listed companies including Agiliti, Domino's Pizza and Krystal Biotech on Tuesday. HIGHLIGHTS * Agiliti Inc AGTI.N : Jefferies cuts to hold from buy * Autodesk Inc ADSK.O : RBC raises target price to $290 from $280 * Domino's Pizza Inc DPZ.N : Jefferies raises target price to $455 from $400 * Itron Inc ITRI.O : Canaccord Genuity raises
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