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Economics

Barclays Traders Shouted Rigging Requests for All to Hear

There was nothing secret or subtle about how traders at Barclays Plc tried to move the bank’s submission to an important benchmark interest rate in a way that helped their own positions, a former trader told a court Tuesday.

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Economics

Blankfein Defends Share Buybacks, Countering Bernie Sanders

Former Goldman Sachs CEO Lloyd Blankfein took to Twitter for the first time in almost seven months to respond to a New York Times opinion piece by Senators Chuck Schumer and Bernie Sanders that argued for limits on corporate stock buybacks.

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Economics

Asian Stocks Edge Up; Aussie Sinks on RBA Shift: Markets Wrap

Asian stocks saw another muted session Wednesday, with trading becalmed by Lunar New Year holidays. Australia’s dollar tumbled, along with its bond yields, after the central bank chief signaled a shift to a neutral stance on policy after long flagging prospective tightening at some point.

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