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Barclays, RBS among banks tapping blockchain tech

Bloomberg Some of the world’s largest lenders, law firms and real estate companies are turning to the technology behind Bitcoin to streamline the process of buying and selling property. Barclays Plc, Royal Bank of Scotland Group Plc and Clifford Chance LLP were among 40 firms to test new platform developed by Instant Property Network, a company backed by blockchain software ...

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Pity for Draghi mounts in despair at Europe’s growth inertia

Bloomberg Economists gathered at an epicenter of Europe’s slowdown said there’s increasing urgency for political action to foster growth and shift the burden from the region’s monetary officials. At a meeting by Lake Como in Northern Italy, there was an outpouring of sympathy for European Central Bank President Mario Draghi and the onus his institution has faced to deliver incessant ...

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Jet Airways lenders plan to sell up to 75 pct stake

Bloomberg Jet Airways India Ltd’s lenders invited initial bids to buy as much as 75 percent of the debt-laden carrier, starting a process that will determine the future of India’s oldest surviving private airline. Potential buyers must submit their interest by April 10, State Bank of India Ltd, the lead creditor, said in a document. A strategic bidder should have ...

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