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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.



Wall Street Bull

Wall Street decathlon expands

The Wall Street Decathlon, the annual two-day fitness competition that’s become a favourite of weekend warriors in New York’s financial community, is getting bigger.


People News: Morgan Stanley

Thomas Doster, the head of Morgan Stanley’s principal investment business, is preparing to start a money management firm that will purchase assets from the bank.

Citi Building Canary Wharf

Citigroup to fall under ECB supervision

Citigroup’s move to simplify the legal structure of its banking operations in Europe will probably place it under direct supervision by the continent’s central bank for the first time, said two people with knowledge of the matter.