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SocGen faces criminal probe into Libyan allegations

Bloomberg The UK Serious Fraud Office has a ‘pending’ probe into a dispute between Societe Generale SA and the Libyan Investment Authority over bribery allegations, after the bank agreed to pay 963 million euros ($1.05 billion) to resolve a related civil trial this month. A lawyer for the LIA said at a London court hearing Monday that the SFO, which ...

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JPMorgan to buy $137mn Dublin office

Bloomberg JPMorgan Chase & Co. agreed to pay about 125 million euros ($137 million) for an office building under construction in Dublin, according to a person with knowledge of the plan. The person asked not to be identified because the price hasn’t been been announced publicly. The bank’s Irish unit is buying the 200 Capital Dock building from real estate ...

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Barclays Africa to be front-runner for Mozambique’s Moza Banco

Bloomberg Barclays Africa Group Ltd., the South African bank with operations across 12 countries on the continent, is the lead bidder for Mozambique’s Moza Banco SA, according to people familiar with the matter. The central bank has received three proposals, which will be reviewed by an independent panel before the winner is announced in July, one of the people said, ...

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