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Lawmakers back Dutch curfew in win for premier

Bloomberg Dutch Prime Minister Mark Rutte won parliamentary backing for a contested nighttime curfew to contain the coronavirus, capping a roller-coaster week that tested his popularity less than a month before a general election. The legislation passed by the Senate in The Hague means the nighttime curfew, which began on January 23 and triggered riots in Dutch cities, can stay ...

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Bonuses to disappoint bankers after banner year for finance

Bloomberg After a stellar year for trading and dealmaking, European bankers are joining their American counterparts in learning their bonuses won’t be quite as impressive. Credit Suisse Group AG, which contended with major legal hits and writedowns last year, reduced its bonus pool by about 7%. Deutsche Bank AG will boost bonuses for its traders by more than 10%, but ...

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DBS faces lawsuits in India post-takeover of Lakshmi Vilas Bank

Bloomberg DBS Group Holdings Ltd., Southeast Asia’s largest lender, said it’s facing lawsuits in India related to its recent takeover of a struggling local bank. Holders of Lakshmi Vilas Bank Ltd.’s equity shares and Tier-II bonds that were written off before the effective date of amalgamation took legal actions against DBS’s local unit in various high courts in India, the ...

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