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Saxo, Lufax enter into landmark pact

  EMIRATES BUSINESS Saxo Bank, the online multi-asset trading and investment specialist, has announced a new white label partnership with Lufax, China’s largest internet finance company. The partnership, expected to launch within the next three months, will see Lufax leverage the trading technology that underpins the award-winning SaxoTraderGO — providing Lufax’s considerable client base with a seamless experience across mobile ...

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Barclaycard to expand under Staley’s new model

  BLOOMBERG Barclays Plc’s credit-card chief wants his hands on Jes Staley’s freed-up capital. Amer Sajed, promoted to run Barclaycard in April, says he has the backing to expand in markets like Germany and the US from Staley. After joining the executive committee, the advocate for growth has a say in how the bank’s resources will be deployed. “I am ...

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B’desh bank hackers linked to wider campaign

  Washington / AFP The hackers behind the $81 million heist from the Bangladesh central bank have likely been involved in a series of attacks on the financial system, a US security firm has concluded. Researchers at the security firm Symantec also found that the malware used in the bank hacks shares code with that used in the massive 2014 ...

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