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Saturday, 21 January 2017

Regulation

A box of donuts

Donuts for Deutsche

IFR 2167 21 January to 27 January 2017

Bankers receiving bonuses are to become an even more endangered species at Deutsche Bank after its management board said a quarter of all staff – the majority of them in the investment bank – would not receive an individual award for 2016.

Swap margin rules drive FX clearing surge

IFR 2167 21 January to 27 January 2017

LCH is set to expand its foreign exchange clearing operations to FX options and a broader range of non-deliverable forwards later this year, after clearing volumes on its ForexClear platform jumped more than 10-fold in the past six months.

MOVES-BlackRock hires former UK finmin Osborne as adviser

20 January 2017

Former British finance minister George Osborne, who lost his job after Britain’s vote to leave the European Union, will join BlackRock as an adviser next month, the world’s largest asset manager said on Friday.

Rite Aid bonds drop on Walgreens deal doubts

20 January 2017

Bonds of junk-rated pharmacy chain Rite Aid plunged Friday after Bloomberg reported that US antitrust regulators pushed back on the terms of the takeover offer from Walgreens Boots Alliance.

An investor looks on in front of an electronic board showing stock information at a brokerage house in Fuyang, Anhui province

Sell-off casts pall over China ECM

IFR 2167 21 January to 27 January 2017

A massive sell-off in high-growth Chinese stocks last week has led to speculation that regulators will tighten control over equity fundraisings after a record 2016.