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JPMorgan sees first geopolitical risk victims in gold, yen

Jpmorgan sees first geopolitical risk victims in gold, yen copy

Bloomberg If they really want to steer clear of geopolitical flare-ups, investors should set up bigger positions in the dollar and volatility indexes — and abandon favorite hideaways in the yen and gold, according to JPMorgan Chase & Co. Assets long thought to be havens don’t necessarily hold up as the safest stores of value amid newer threats shaking markets ...

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Barclays posts lowest capital ratio

Barclays posts lowest capital ratio in latest eu stress test copy

Bloomberg Barclays Plc saw its key measure of financial health sink to the lowest level among 48 banks in a European stress test, which gauged how well lenders could withstand heavy credit losses and other Brexit-related fallout. Barclays’s fully loaded common equity Tier 1 ratio, a measure of its highest-quality capital, shrank to 6.37 percent in a so-called adverse scenario. ...

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ING’s third quarter profit beats estimates

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Bloomberg ING Group NV put a run of bad news behind it, with a third quarter profit that beat estimates and progress towards its cost targets. The shares jumped the most in 18 months. While net income plunged because of a 775 million-euro ($879 million) settlement for failing to monitor and prevent money laundering, the hit was less severe than ...

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