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Royal Bank of Scotland drops as gloom about Brexit deepens

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Bloomberg Royal Bank of Scotland Group Plc(RBS) slid as the state-controlled lender indicated it’s unlikely to reach key profitability targets next year given the political and economic tension around Brexit. Outgoing Chief Executive Officer Ross McEwan blamed an “uncertain and competitive environment” as the bank reported second-quarter net interest income that missed analysts’ estimates. The bank said it’s very unlikely ...

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BOE’s Carney declines to say if he’s interested in top IMF job

Bloomberg Bank of England (BOE) Governor Mark Carney dodged the question of whether he’d be interested in becoming the next head of the International Monetary Fund (IMF). “I wouldn’t mind doing something after I leave” the BOE at the end of January, “but I don’t know what I’m going to do next,” Carney said in an interview with BBC Radio ...

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Irish central bank discusses Makhlouf row after furor

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Bloomberg Ireland’s central bank commission discussed how to contain any potential fallout from the controversy which engulfed its incoming governor, a person familiar with the matter said. In June, Gabriel Makhlouf, New Zealand’s top Treasury official at the time, escaped dismissal with a rebuke from authorities for failing to take responsibility for a security breach around sensitive budget information. He ...

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