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Hank Paulson: Jamie Dimon a strong CEO

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Former Treasury Secretary Hank Paulson remarking on the $13 billion fine levied on JPMorgan, called Jamie Dimon a "very strong CEO that had the confidence of his board" of the bank chief's acquisition of Bear Stearns.

RBS reviewing FX trading policy

RBS building

Royal Bank of Scotland (RBS) is reviewing how it trades in the minutes before key foreign exchange benchmarks are set amid a regulatory probe into possible manipulation of the $5.3tril-a-day market.

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RBS shareholder case delayed

A High Court judge on Thursday delayed the trial in a drawn-out battle between Royal Bank of Scotland and shareholders, criticising the lender and its legal advisers for being "unfocused" and swamped by 25 million documents.

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Pimco sues Citi over mortgage securities

Pacific Investment Management Co. sued Citigroup over the bank’s role as trustee for $13.8bn of mortgage-backed securities made toxic when the housing bubble burst, leading to "substantial damages."