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Myanmar’s top court to hear Suu Kyi’s appeal against conviction

BLOOMBERG Myanmar’s Supreme Court has agreed to hear appeals by deposed leader Aung San Suu Kyi and former president Win Myint against their conviction on corruption and other charges, paving the way for a review of previous rulings. Suu Kyi, 77, had appealed against seven charges related to the purchase of a helicopter, election fraud and violating the colonial-era Official ...

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Morgan Stanley Q1 profits fall

BLOOMBERG  Morgan Stanley’s investment bank and its giant wealth unit surpassed analysts’ expectations in the first quarter even as profits fell from a year earlier, dragged down by a dropoff in deal-making and a jump in loan-loss provisions. Net income slid 20% from a year earlier to $2.84 billion amid a slowdown in the trading and banking businesses. The firm’s ...

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Goldman Sachs hit by further departures in its Asia equities team

BLOOMBERG  Goldman Sachs Group Inc has been hit by additional departures in its Asia equities team, with key exits in Tokyo and Hong Kong to rival banks and hedge funds. Among those that left recently are managing directors Fredrik Grunberger in Hong Kong and Tomiyuki Oji and David Williams in Tokyo, according to people familiar with the matter. Oji is ...

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