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Oil rebounds above $77

Oil rose above $77 a barrel on Monday, retracing some of the previous session's 3.6 percent drop, as bullish manufacturing data from China helped to allay fears about the pace of the rebound in global energy demand.

HSBC, BoCom strike China card deal to tap growth

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HSBC Holdings and Bank of Communications (BoCom) plan to transfer their joint credit card activities in China into a new company to tap into expected strong growth in the world's most populous country.
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Japanese wealthy eye overseas currencies, bonds

After retreating to the safety of yen deposits in the wake of the financial crisis, Japan's wealthy investors are slowly regaining their appetite for risk and are eyeing foreign currencies and bonds for higher returns.
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FTSE led higher by miners; BoE hold rates

Britain's top share index rose on Thursday, helped by gains in mining stocks on firmer metals prices and a surprise quarterly profit from U.S. aluminium producer Alcoa (AA.N).
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Baer-ING deal kicks off private banks' M&A season

Julius Baer's purchase of ING's Swiss private banking assets marks the start of a consolidation wave in the wealth management industry, insiders told the Reuters Global Wealth Management summit.
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FTSE down 0.4 pct; oils, food retailers weaken

Britain's top share index eased in mid-session trade on Wednesday, with weakness in energy and food retailers offsetting some strength in miners and banks, as investors await the start of the third-quarter corporate results season in the United States.
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Julius Baer to buy ING Swiss private bank: sources

Julius Baer , bulking up in its home market, has won the auction to buy the Swiss private banking assets of Dutch financial services group ING for around $500 million, two sources with knowledge of the deal said.
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Baer CEO hopeful ING deal to come soon

Julius Baer Group AG expects an outcome soon on the sale of ING Group NV's Swiss private banking assets and is hopeful the terms of the sale are in its favor, Baer's chief executive said on Monday.
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HSBC chief cautious on growth: report

HSBC Chief Executive Michael Geoghegan is cautious about growing too fast because he fears a second economic downturn could force the bank to make write-downs, he said in an interview with the Financial Times.
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Asia manufacturing picks up. but U.S. remains key worry

Manufacturing activity surged across Asia in September as demand picked up, although plans by Japanese manufacturers for record cuts in capital spending cast doubts on the strength of a recovery in the industrialized world.
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Asia manufacturing picks up, U.S. remains key worry

Manufacturing activity surged across Asia in September as demand picked up, although plans by Japanese manufacturers for record cuts in capital spending cast doubts on the strength of a recovery in the industrialized world.
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HSBC ups planned Samurai issuance size to Y117 bln

HSBC Bank Plc has increased the size of its planned Samurai bond issuance to 117 billion yen ($1.3 billion), nearly double an initial estimate of Y60 billion yen, documents filed with Japanese financial authorities showed on Friday.
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LatAm Stocks and Currencies slide as US data weigh

Latin American stocks and currencies posted losses on Friday after U.S. consumer sentiment weakened unexpectedly in August, raising questions about the strength of the economic recovery and increasing global aversion to risk.

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