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Japan’s Kishida picks academic Kazuo Ueda to helm central bank

  Bloomberg Japanese Prime Minister Fumio Kishida will nominate Kazuo Ueda, a professor and former Bank of Japan (BOJ) board member, to take the helm of the central bank from April, according to people familiar with the matter, in a shock move that sparked sharp moves in the yen. The decision blindsided investors who had expected long-time front-runner and Deputy Governor ...

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NatWest pledges to stop providing loans for new oil and gas projects

  Bloomberg NatWest Group Plc plans to further restrict its financing of the oil and gas industry. The UK bank will no longer provide so-called reserve based lending for new customers, it said. From the end of December 2025, NatWest will no longer renew, refinance or extend reserve based lending for existing customers. “We want to ensure our capital is ...

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French crypto trading tech firm plans to double staff

  Bloomberg Flowdesk, a French cryptocurrency trading technology firm backed by Ledger and Coinbase Ventures, plans to more than double its workforce and expand overseas even as the wider digital asset sector reels from last year’s selloff. The company intends to grow its team to 140 employees from 60 by the end of March, with staff distributed across locations in ...

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