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Cambodian PM threatens key rival with prison

  Phnom Penh / AFP Prime Minister Hun Sen, accused of intensifying a crackdown on dissent before Cambodia’s 2018 election, threatened on Wednesday to jail an opposition leader who has refused to come forward over an alleged sex scandal. Political tensions have risen in recent months, with rights groups accusing Hun Sen’s government of arresting scores of critics and tying ...

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Euro banks spend billions to get US units fit for Fed

  Bloomberg Deutsche Bank AG, Barclays Plc and 11 other foreign banks have spent several billion dollars in the past three years complying with a new Federal Reserve rule that will trap capital in the US and boost costs. Legal, technology and other compliance expenses totaled from US$100 million to as much as US$500 million at some of the biggest ...

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Bank watchdog revamps oversight to avoid crisis

  Bloomberg Years of excessive optimism and financial innovation led to record household debt and a banking crisis in Denmark in the naughts. Conditions are ripening again for a similarly heady combination, according to the country’s financial watchdog. The Financial Supervisory Authority laid out today the strategy that will guide its work until 2020. Denmark’s lenders are now healthier than ...

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