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Ex-Lehman trader loses bid for $83m 'windfall'

No Pot Of Gold

A federal judge on Wednesday said a former star Lehman Brothers trader was not entitled to an $83m bonus he claimed he was owed following the investment bank's 2008 collapse, on top of a similar sum that Barclays already paid him.

JPMorgan said in jobs warning

Jamie Dimon

JPMorgan could be forced to move thousands of staff out of Britain if the country loses its automatic right to sell financial services to the European Union after last month's Brexit vote, bank CEO Jamie Dimon told an Italian newspaper.

Citi merging units

Citi Building Canary Wharf

Citigroup is merging its consumer banking unit in Europe, Middle East and Africa (EMEA) with Asia, the largest region for profit for the business outside North America, according to an internal memo seen by Reuters on Thursday.