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Shares in UK-exposed Handelsbanken slide after Brexit, Citi cuts to sell

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STOCKHOLM Shares in Sweden's Handelsbanken , which counts Britain as a home market with over 200 branches in the country, slid 9 percent on Monday over concerns about the impact of Brexit, putting them on track for their biggest one-day drop since 2009.

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Post-Brexit global equity loss of over $2 trillion worst ever - S&P 4:09am BST

NEW YORK The $2.08 trillion wiped off global equity markets on Friday after Britain voted to leave the European Union was the biggest daily loss ever, trumping the Lehman Brothers bankruptcy during the 2008 financial crisis and the Black Monday stock market crash of 1987, according to Standard & Poor's Dow Jones Indices.

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Goldman sees post-Brexit UK recession; cuts EU, U.S. growth views 1:45am BST

Britain is likely to enter a recession within the year as a result of last week's vote to leave the European Union, a decision that will stunt global economic growth as well, Goldman Sachs' top economists said on Sunday.

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JPMorgan post-Brexit plan hinges on tone of discourse in Europe 24 Jun 2016

NEW YORK JPMorgan Chase & Co is grappling with how much of its business can stay in Britain and a lot will depend on how well European Union and U.K. politicians appear to be getting along.

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Deutsche Bank to shut 188 German branches and cut 3000 staff 23 Jun 2016

FRANKFURT Deutsche Bank confirmed on Thursday it had struck a deal with its works council to shut a quarter of its German branches, slightly fewer than expected, as it cuts costs and revamps retail banking.

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Exclusive: Barclays reins in FX trading before referendum result - sources 23 Jun 2016

LONDON Barclays stopped accepting new stop loss orders - an essential part of currency trading - on Thursday as it and other banks took action to limit potential losses and cap their exposure to the outcome of Britain’s EU referendum.

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Bank of Japan's Kiuchi warns of dwindling tool-kit, urges review of negative rates 23 Jun 2016

KANAZAWA, Japan Dissenting Bank of Japan board member Takahide Kiuchi said the central bank should review its negative interest rate policy and inflation target timeframe, while warning there wasn't much it could do to help the economy in the event of a severe market shock.

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Okta hires Goldman Sachs to lead IPO or sale - sources 23 Jun 2016

Okta Inc, a U.S. cloud identity management company valued at $1.2 billion in its latest private fundraising round, has hired Goldman Sachs Group to lead an initial public offering or outright sale, people familiar with the matter said.

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Banco Popolare completes fundraising needed for merger 22 Jun 2016

MILAN Italy's Banco Popolare has raised the 1 billion euros (769.99 million pounds) it needed to complete a planned merger with Banca Popolare di Milano and create the country's third-largest bank.

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RBS receives bids for Greek shipping business - sources 22 Jun 2016

LONDON The Royal Bank of Scotland has received bids for its Greek ship finance business, banking and financial sources familiar with the matter said, following a leap in bad shipping debts at the lender over the past few months.