The International Monetary Fund has rejected requests from Greece to extend the deadlines on loan repayments, according to reports. IMF managing director Christine Lagarde said yesterday that Greek ministers should instead focus on restructuring the debt-ridden nation’s economy rather than seeking an extension, the Wall Street Journal reports. “It’s clearly not a course of action […]
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Deutsche Bank gave false declarations to the FCA and British Bankers’ Association, took years to produce evidence for the regulator and used a call recording system that was “not fit for purpose”, the FCA has found. Earlier today the bank was fined a record £227m by the FCA for manipulating Libor and Euribor. Combined with […]
Thomas Smith, Head of Latin American Equities The second round of the Chilean presidential election took place last month, with Sebastian Pinera of the centre-right Chile Vamos coalition defeating the ruling centre-left coalition candidate Senator Alejandro Guillier. Chile is the latest country in Latin America to elect a market-friendly and pro-business president – across Latin […]
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