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Some big banks ask more staff to return to office five days a week, Bloomberg reports

Some big banks ask more staff to return to office five days a week, Bloomberg reports May 24 (Reuters) - Citigroup C.N , HSBC Holdings HSBA.L and Barclays BARC.L are ordering more staffers to report to company offices five days a week, Bloomberg News reported late on Thursday. Citi has asked about 600 U.S. employees, who were earlier eligible to work remotely, to commute to company offices full-time, the report said, citing a statement from the lender.
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Abrdn CEO Bird exits abruptly after four rocky years

UPDATE 4-Abrdn CEO Bird exits abruptly after four rocky years Updates shares, adds context throughout By Iain Withers LONDON, May 24 (Reuters) - Abrdn ABDN.L CEO Stephen Bird has stepped down, the British fund manager said on Friday, after a turbulent four-year tenure marked by deep outflows of client cash and a much-criticised rebranding. The company said that the board and Bird had agreed it was the "right time to hand over the reins", with finance chief Jason Windsor taking over on an interim
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US stock changes push FX trades into Asia's 'twilight zone'

ANALYSIS-US stock changes push FX trades into Asia's 'twilight zone' By Tom Westbrook SINGAPORE, May 24 (Reuters) - A shortening of U.S. stock settlement window next week is expected to upend trading for Asian money managers, pushing some to secure funds in the early hours of their mornings when currency markets are at their thinnest and most jumpy. From May 28, investors from Singapore, Tokyo or Seoul who buy U.S.
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Australia's Nufarm HY results miss estimates; brokerages differ on outlook

BUZZ-Australia's Nufarm HY results miss estimates; brokerages differ on outlook Adds Citi's comments ** Analysts at Jefferies raise PT for Nufarm NUF.AX by 12% to A$5.30 ** Crop protection and seed technology company reported first-half underlying EBITDA of A$217 mln ($143.31 mln) on Thursday, below a Visible Alpha consensus est. of A$246 mln, according to Citi ** Jefferies says NUF's target of crop protection revenue of at least A$3.8 bln by FY26, 25% higher than FY24 forecast will require a li
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Brazil's PagBank beats expectations with recurring profit up 33%

UPDATE 2-Brazil's PagBank beats expectations with recurring profit up 33% Recasts paragraph 1, adds quotes from CFO in paragraph 8 and quotes from analysts in paragraphs 7, 12 By Andre Romani SAO PAULO, May 23 (Reuters) - Brazilian payment firm PagBank PAGS.N on Thursday beat analysts' expectations with a 33% jump in first-quarter net recurring profit, as the company's investments in hiring and marketing brought in more revenue .
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