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Deutsche Bank warns staff not to delete WhatsApps amid scrutiny

  Bloomberg Deutsche Bank AG has warned its employees not to delete WhatsApp messages from their phones as part of moves by the German lender to clamp down on private communication channels. The Frankfurt-based bank earlier this year sent a memo to staff warning them that any business-related messages going through private channels mustn’t be deleted as the act could ...

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UK backs Nigerian bank with $100m credit facility

  Bloomberg CDC Group, the UK’s development-finance arm, will provide a $100 million credit facility to First Bank of Nigeria Ltd. to help support women-owned businesses and small companies in Africa’s largest economy. The funding will “address the challenge of limited access to capital faced by under-banked and underserved groups in the country,” the firm said. A minimum of $30 ...

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NatWest plans to pay cash bonuses to senior bosses

  Bloomberg British bank NatWest Group Plc plans to start paying its management cash bonuses, warning that compensation levels are falling “too far” behind competitors. The UK’s biggest corporate lender is seeking to introduce annual bonuses plus restricted share plan awards to replace the current long-term incentive program, the bank said in its annual report. The changes, which are subject ...

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