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Exclusive: Macron lays ground for netting Brexit compromise on fisheries

福利网站France is preparing its fishing industry for a smaller catch after Brexit, industry members said, in a sign that President Emmanuel Macron is laying the ground for a delicate compromise to help the European Union strike a trade deal with Britain.

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FTSE 100 bounces on Barclays earnings, but logs losses on the week

London stocks jumped on Friday, boosted by upbeat Barclays' earnings and rising hopes of a Brexit trade deal before year end, but the blue-chip FTSE 100 still logged its second weekly decline on concerns over fresh coronavirus restrictions.

European stocks rebound with banks in the lead

福利网站European stocks rose on Friday, boosted by positive earnings updates from Barclays and a surge in Airbus, but nagging worries about the economic impact of surging COVID-19 cases saw markets post their biggest weekly decline in a month.

Barclays beats profit forecasts as CEO Staley aims to stay on

Barclays on Friday reported stronger than expected third-quarter results thanks to a return to profit for the bank's consumer businesses and Chief Executive Jes Staley said he aimed to stay on for two more years.

Brexit trade costs will be 'material' deal or no deal - Deutsche Bank

福利网站Deutsche Bank analysts estimate that the costs to trade between Britain and the European Union will be high even if the two sides manage to strike a deal by the end of the year because of the impact of non-tariff barriers.

Exclusive: Wells Fargo explores sale of asset management business - sources

Wells Fargo & Co is exploring a sale of its asset management business, in what would be the U.S. bank's biggest shake-up since former Bank of New York Mellon chief executive Charles Scharf joined as CEO last year, people familiar with the matter said on Thursday.

Goldman to pay $3 billion, claw back executive pay over role in 1MDB corruption scandal

福利网站Goldman Sachs Group Inc on Thursday said it was clawing back $174 million in executive compensation and had agreed to pay $2.9 billion over its role in Malaysia’s 1MDB corruption scandal, lifting a cloud that has hung over the bank for years.

Hong Kong fines Goldman Sachs record $350 million over 1MDB failings

Hong Kong's markets watchdog on Thursday fined Goldman Sachs's Asian business $350 million for its role in Malaysia's multibillion-dollar 1MDB scandal, the largest single fine ever levied by the regulator in the Asian financial hub.

Commodities headed for bull market in 2021 on inflation fears, stimulus - Goldman Sachs

A weaker U.S. dollar, rising inflation risks and demand driven by additional fiscal and monetary stimulus from major central banks will spur a bull market for commodities in 2021, Goldman Sachs said on Thursday.

Exclusive: HSBC to cut up to 300 jobs in UK commercial banking overhaul - source

福利网站HSBC has launched a restructuring of its commercial banking business in Britain, a source familiar with the matter told Reuters on Wednesday, resulting in around 300 job losses.

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Ant Group IPO pricing 'history's largest', says Alibaba's Jack Ma

The mammoth dual listing for Chinese fintech giant Ant Group will be the world's biggest, according to a pricing determined on Friday night, Alibaba founder Jack Ma said on Saturday.

AstraZeneca resumes U.S. COVID-19 vaccine trial and next week J&J prepares to do same

Back at the Brexit table, UK and EU try to land deal on fish