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Lloyds suspends forex trader

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Lloyds Banking Group has suspended one of its foreign exchange traders after an internal investigation into allegations of currency manipulation, a source familiar with the matter said on Tuesday.

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World Bank issues 'perfect storm' warning for 2016

The risk of the global economy being battered by a “perfect storm” in 2016 has been highlighted by the World Bank in a flagship report that warns that a synchronised slowdown in the biggest emerging markets could be intensified by a fresh bout of financial turmoil.