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Central bankers at sea amid global flux

  Bloomberg From the immediate possibility of Britain leaving the European Union to the longer-term consequences of aging populations, the world’s major central banks this week just aren’t sure what to do next. Officials from the US, Japan, the UK and Switzerland all opted to keep monetary policy unchanged this week as they await the June 23 Brexit vote and ...

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Spain to probe BNP over roles in tax case

  Bloomberg Spanish authorities are investigating some Banco Santander SA and BNP Paribas SA employees amid allegations they may have helped shield customers’ international transfers from tax authorities, according to a person familiar with the probe. Investigators are trying to work out who within the banks may have been responsible for the alleged transactions by analyzing evidence including papers they ...

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JPMorgan to lead Dutch bad bank bidding

  Bloomberg A venture between JPMorgan Chase & Co and private-equity firm Lone Star Funds is the leading bidder to buy Propertize BV, the Dutch bad bank that holds 5.5 billion euros (US$6.1 billion) of loans and real estate, according to a person with knowledge of the matter. Propertize may reach a deal to sell the firm in the next ...

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