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Deutsche Bank does big IT deal

Deutsche Bank - Foyer Bridge

Deutsche Bank and Hewlett-Packard have announced a ten-year, multibillion dollar agreement that will further modernise the Bank’s global information technology environment and aims to significantly reduce related IT infrastructure costs.

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Two hedge fund managers back Brexit

More than 100 executives from Britain's financial services industry, including hedge fund managers Crispin Odey and Paul Marshall, have signed a letter backing Britain's withdrawal from the European Union, the main Brexit campaign group said on Friday.