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Pre-nup push: Why it may no longer pay to divorce in London


London's reputation as the divorce capital of the super-rich has been earned through a number of headline-grabbing, hefty settlements being set in its courts - but the era of wealthy divorce tourists flocking to the U.K. may be coming to a close.

Three Barclays Libor traders charged

Barclays Canary Wharf

Three former Barclays Libor traders were charged by a U.K. prosecutor in a London court Wednesday in the latest criminal action in a two-year investigation of the interest rate benchmark.

BofA does Buffett deal, discloses new probes

Warren Buffett

Bank of America, the bank that turned to Warren Buffett in 2011 for a capital injection, reached a deal with the billionaire’s company to change terms so the investment is treated more favorably by regulators.



Money On Hook

Citi to take $300m 'repositioning' charge

Citigroup will take a $300 million repositioning charge' in the fourth quarter to 'resize infrastructure and capacity' throughout its businesses, Chief Financial Officer John Gerspach said on Wednesday.