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| Swiss franc loan annulled in Slovenia because currency risks not spelt out LJUBLJANA, Jan 19 (Reuters) - A court in Slovenia has annulled a real-estate loan in Swiss francs because the borrower was not informed of the high risks of such a currency deal, the borrower's lawyer said on Friday. The decision puts as much as 524 million euros of loans held by Slovenian banks at ...
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| HSBC to pay $100 million to settle US probe into currency rigging L> on Thursday agreed to pay $101.5 million to settle a U.S. criminal probe into the rigging of currency transactions, which has already led the conviction of one of its former bankers. The payment includes a $63.1 million fine plus $38.4 million in restitution to a corporate client, according to a deferred ...
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| Strength Against the Dollar Isn't Enough for the Pound "The U.S. economy is strong, rates are about to be hiked with more to come and the long euro-dollar trade is full." The change in sterling's fortunes has analysts looking at key technical levels for clues to the pound's fate. The British currency touched a post-Brexit high of $1.3942 on Wednesday. The level ...
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