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Credit Suisse says rogue staffer took personnel, salary data

Bloomberg Credit Suisse Group AG warned part of its workforce that a former employee copied and took some of their personal data years ago, including descriptions of their compensation. The staffer, who had legitimate access to data at the time, transferred the information onto a personal device in breach of Credit Suisse policies and later left the company, the Swiss ...

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Policy head for Japan’s ruling LDP says monetary policy has room for reform

  Bloomberg The policy chief for Japan’s ruling Liberal Democratic Party (LDP) said the country’s easy monetary policy should be maintained, but has room for adjustment and reform. Koichi Hagiuda, head of the Policy Research Council at the LDP, made the comments on a program on national broadcaster NHK while discussing the imminent nomination of the Bank of Japan’s next ...

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China’s banks extend record loans as firms borrow more

  Bloomberg Chinese banks extended a record amount of new loans in January after authorities prodded them to lend more to businesses, though consumer borrowing remained subdued. Financial institutions offered 4.9 trillion yuan ($719 billion) of new loans last month, higher than the 4.2 trillion yuan estimated by economists, and compared with a record 3.98 trillion yuan a year ago. ...

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