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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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EU Commission probed over lobbyists

Category : Business

The European Ombudsman probes the European Commission’s links with lobbyists amid concern about alleged conflicts of interest.

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Barclays’ (BCS) compliance department was given 3 internal warnings in 2007 and 2008 about conflicts of interest and "patently false" submissions to the panel that sets Libor, but did nothing about it. The failings emerged from the $453M…

Category : World News

Barclays’ (BCS) compliance department was given 3 internal warnings in 2007 and 2008 about conflicts of interest and “patently false” submissions to the panel that sets Libor, but did nothing about it. The failings emerged from the $453M settlement Barclays struck last week. “They never told senior management about this,” a source told the FT, a quote Bob Diamond can clutch at for his defense. Post your comment!

Read the original post: Barclays’ (BCS) compliance department was given 3 internal warnings in 2007 and 2008 about conflicts of interest and "patently false" submissions to the panel that sets Libor, but did nothing about it. The failings emerged from the $453M…

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US to extend military presence in Kuwait

Category : World News

Congressional report says more troops should be based in Gulf state to respond to sudden conflicts in oil-rich region.

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Chesapeake Energy Should Consider Sale: Top Shareholder

Category : Business, Stocks

NEW YORK (TheStreet) — Chesapeake Energy should consider offers to sell itself.

That’s what the struggling oil and gas company’s largest shareholder Southeastern Asset Management advocated to embattled CEO Aubrey McClendon in a Monday letter, as the company struggles with an over-40% 2012 stock drop in the past year.

In a filing with regulators earlier in May, Southeastern changed its status as an investor to “activist,” signaling that the investor will look to play a more vocal role in Chesapeake Energy’s strategy as it tries to overcome rock-bottom gas prices, a massively indebted balance sheet, and a string of revelations about potential conflicts arising from CEO McClendon’s personal investments.

Chesapeake shareholders meet their 2012 savior: Mason Hawkins, CEO of Southeastern Asset Management

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