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ECB Draghi’s growth streak seen tarnished in data splurge

  Bloomberg A suite of euro-area data will provide Mario Draghi with his first simultaneous dispatches from both fronts in his struggle to boost inflation—showing how he still has a fight on his hands. Gross domestic product numbers, in a newly accelerated publication just one month after the first quarter ended, will coincide with the usual end-of-the-month inflation statistics to ...

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Citigroup names Davison head of Investment Banking for FIG

  Bloomberg Citigroup Inc. has named Piers Davison head of its financial institutions group’s investment banking for Europe, the Middle East and Africa. Davison joins Citigroup from JPMorgan Chase & Co. where he was most recently in charge of U.K. FIG, and was the head of banks for EMEA, Citigroup said on Monday in a memo, which was obtained by ...

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Standard Bank’s dual CEOs get 43 percent pay hike

  Bloomberg The combined compensation for Standard Bank Group Ltd.’s joint Chief Executive Officers Sim Tshabalala and Ben Kruger rose 43 percent after full-year profit climbed by a third. Kruger’s total pay was 30.79 million rand ($2.1 million), including incentive awards amounting to 22 million rand, giving the CEO an increase of 61 percent from a year earlier, according to ...

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