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Lloyds Bankers Relax At Luxury Spa

Stress Test

It's a tough job working for a bailed-out bank that owes the taxpayer about £20bn – so exhausting, indeed, that Lloyds Banking Group dispatched a dozen top bosses on a luxury spa break at Champneys designed to teach them to eat like an executive and learn how to be more effective "hunter-gatherers in the corporate jungle".

Files Close On BCCI Banking Scandal

Paper Clip

It took 21 years and $656m of fees paid to two firms of lawyers and accountants but yesterday the files were finally closed on the banking scandal – which ranged from arms trafficking to prostitution and ended with a £20bn collapse – that was the Bank of Credit and Commerce International.




BNP Paribas insider probe dropped

French prosecutors said on Wednesday they were dropping an inquiry into alleged insider trading by several executives at BNP Paribas after finding no signs of wrongdoing.