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BNP Paribas sued by ex-trading head

Trading Desk

BNP Paribas became the latest bank to be dragged into a spate of foreign-exchange-related employment lawsuits after its former head of spot currency trading sued the lender.

Inquiry slams ex-CEO, board of Malaysian wealth fund

Dog Detective

Malaysia must open a probe into the former boss of 1Malaysia Development Berhad (1MDB), a Malaysian parliamentary committee said on Thursday, after the committee's own investigation found "restrictions and weaknesses" at the troubled wealth fund.