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Britain's bank 'ring-fencing' rules need simplifying, review shows

By Huw Jones LONDON, Jan 19 (Reuters) - Capital rules imposed on Britain's high street banks after bailouts during the global financial crisis have not harmed competition but may need simplifying, a government-sponsored review said on Wednesday. Since January 2019, banks like HSBC, Lloyds, NatWest and Barclays with deposits of 25 billion pounds ($3
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Spanish Banks' ECB Borrowing At Around 289.55 Bln Euros In December

Jan 14 (Reuters) - Bank of Spain: * SPANISH BANKS' ECB BORROWING AT AROUND 289.55 BILLION EUROS IN DECEMBER Source text: Link (Gdansk Newsroom)
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Citi to exit Mexican consumer business as part of strategy revamp

By David Henry NEW YORK, Jan 11 (Reuters) - Citigroup Inc C.N will exit its Citibanamex consumer banking business in Mexico, the bank said on Tuesday ending its 20-year retail presence in the country that was the last of its overseas consumer businesses. Citigroup's decision to sell or spin off Citibanamex, Mexico's third biggest bank by assets as
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British Business - Dec. 31

Dec 31 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - NHS England chiefs do not believe that the threshold for new Covid-19 restrictions has been crossed despite a surge in hospital admissions. Link The Guardian - Th
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Carmaker Stellantis reshuffles European financing operations

* Stellantis to create 50-50 leasing JV with Credit Agricole * Aims to more than double leased vehicle fleet * Co to operate JVs in financing with BNP, Santander * Co to sell 50% stake in FCA Bank * Plan expected to be completed in H1 2023 By Giulio Piovaccari and Gilles Guillaume MILAN, Dec 17 (Reuters) - Carmaker Stellantis STLSA.MI is in exclusi
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