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Dangling 30% raises, European banks hire from US rivals

Bloomberg European investment banks are back in the hiring game, raising the stakes for compensation on both sides of the Atlantic. Firms including Barclays Plc and Deutsche Bank AG have been seeking to regain trading share by poaching personnel from American rivals, according to recruiters. For traders and salespeople who haven’t seen raises in years, the move can be profitable: ...

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Trump pushes Japan to buy military equipment

Bloomberg President Donald Trump urged Prime Minister Shinzo Abe to purchase US military equipment to create jobs in America after telling business leaders that Japan had an unfair advantage on trade. In a joint press briefing with Abe in Tokyo on Monday, Trump hailed the US-Japan alliance even as he called for a reduction in the trade gap between the ...

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Catalan leader freed as court mulls Spain demand

Bloomberg Ousted Catalan president Carles Puigdemont was released after less than a day in custody as a court in Brussels considers how to respond to a Spanish demand for his arrest. Puigdemont and four former members of his government are barred from leaving Belgium without the court’s consent and must comply with all summons made by judicial or police authorities, ...

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