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Blacks still find Wall Street a foreign territory

Lyndon Johnson & Martin Luther King Jr.

The difficult road blacks face in the heart of America's financial capital was underscored by news that brokerage firm Merrill Lynch has agreed to pay $160 million to settle racial discrimination claims by African-American brokers.

Lloyd's probe under investigation in New York

Pile Of Coins

A New York regulatory investigation of Lloyd’s for possible violations of Iran sanctions law has led to a government request for files of an internal probe by the insurer, a person familiar with the matter said.