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Qatar index down for tenth day running

Reuters Qatar’s stock index fell for a tenth straight session on Sunday as talk of dispute negotiations fails to sway investors, while strong oil prices boosted the Saudi Arabia market. Qatar’s index fell 0.4 percent to 8,375 points, but closed 62 points above the session low. The index has lost 6.3 percent over 10 sessions. Doha Bank dropped 2.6 percent. ...

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Nordea faces client mutiny in Sweden as bank moves base

Bloomberg Nordea Bank AB is losing clients in Sweden in what independent mortgage brokers say appears to be a protest against the bank’s plan to redomicile to Finland in pursuit of a more accommodating regulatory environment. The customer shift has been registered by two online home-loan brokers and confirmed by other banks operating in Sweden. Nordea says flows in the ...

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Spain’s ex-central bank boss absolved in Bankia case

Bloomberg Miguel Angel Fernandez Ordonez, the former governor of the Bank of Spain, was absolved of possible criminal acts in the Bankia SA case, along with seven other central bank and regulatory officials. Their omission of not taking action to prevent the Spanish commercial bank’s initial public offering wasn’t a criminal action — even though its accounts may have been ...

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