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Credit-card thieves move online as chips thwart in-store fraud

  Bloomberg The adoption of credit-card chip technology by US retailers is having an unintended consequence: Criminals are moving from brick-and-mortar stores to the internet. The use of stolen card data to pay for merchandise on websites, in mobile apps and by dialing call centers surged 40 percent last year, according to a report from Javelin Strategy & Research released ...

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Morgan Stanley sells C$8 billion debt

  Bloomberg Morgan Stanley capped off the best start to a year in Canadian-dollar corporate-bond sales since 2013 as an improving global economy amid low interest rates creates the right conditions for borrowers and investors alike. The New York-based bank sold C$1 billion ($768 million) of debt, double the minimum originally indicated, to drive corporate-bond issuance in Canada’s domestic market ...

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What world’s biggest bank bosses say about Brexit exodus

  Bloomberg Frankfurt and Dublin are emerging as the biggest winners at London’s expense as banks prepare for Brexit by planning new hubs in the European Union. Standard Chartered Plc and Barclays Plc are set to choose Ireland’s capital as their EU base for ensuring continued access to the bloc, according to people with knowledge of their contingency plans. Goldman ...

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