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Axe to fall on 173 year old UK lender
Axe to fall on 173 year old UK lender

One of the UK's oldest is about to disappear forever. Wednesday last week marked the beginning of the end for an iconic 173 year old UK...

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UK banks among first in the world to adopt new Swift initiative
UK banks among first in the world to adopt new Swift initiative

Barclays, HSBC, Lloyds and NatWest announced recently that they will be among the first banks in the world to process payments under a new...

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FCA shutters Euro Exchange Securities UK over financial crime risk
FCA shutters Euro Exchange Securities UK over financial crime risk

The enforced closure last week of Euro Exchange Securities UK ‌Ltd, the London arm of an electronic money and payments firm with U.S. and...

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Standard Chartered to replace thousands of roles with AI
Standard Chartered to replace thousands of roles with AI

Big news in the banking world this week was Standard Chartered's announcement on Tuesday that they intend to cut thousands of jobs over the...

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