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JPMorgan fund makes a killing

When shares of mining companies including Freeport-McMoRan to Glencore were collapsing last year, a small fund run by JPMorgan chose to hold on. Now, it’s reaping the rewards of a metals rebound that’s turning bears into bulls.

BNP Paribas plans to expand M&A team in London

BNP Paribas plans to add two senior people to its 15-strong London team covering British M&A and take on an equity capital markets banker too, part of a plan to boost its investment banking market share outside France, banking executives told Reuters.

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Citi and JPMorgan said to place currency dealers on leave

Citigroup and JPMorgan are putting their top London currency dealers on leave after regulators probing the manipulation of foreign-exchange rates started investigating the traders’ use of an instant-message group, three people with knowledge of the moves said.

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