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Credit Suisse mulls Dublin expansion as Brexit nears

  Bloomberg Credit Suisse Group AG is exploring options for expanding in Dublin, as the UK moves closer to exiting the European Union, according to two people familiar with the matter. The Irish capital is emerging as a favored location for the bank’s so-called back-office jobs, said one of the people, who asked not to be identified because a final ...

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Barclays veteran to step down as Asia-Pacific CEO

  Bloomberg Barclays Plc’s Asia-Pacific Chief Executive Officer Andy Jones is stepping down, according to a memo obtained by Bloomberg. Jaideep Khanna and Reid Marsh will replace Jones as co-heads for the region, the memo showed. Jones, who will return to the U.K. in the first half of this year, will take on a temporary role as vice chairman, according ...

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Wells Fargo levied fees on mortgages it delayed

  Bloomberg Wells Fargo & Co. charged some homebuyers fees to extend promised interest rates when the bank failed to process their mortgage applications on time, ProPublica reported, citing four former employees from the Los Angeles area. The practice, apparently limited to that region, broke with the company’s policy of eating the fees when it was at fault for delays, ...

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