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Safety worries will slow micro-mobility adoption

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INTERNATIONAL

Its larger rival Uber is likely to follow suit. Such ride-hailing and sharing technology companies are at one end of the micro-mobility transformation of urban transport to rider…

UK and non-EU financial services trade will grow

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UK/EU

According to the Commission, the decision was made solely on the basis of giving the EU more time to strengthen the attractiveness of EU-based clearers. With the Commission…

Fintech will transform South-east Asian microfinance

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SOUTH-EAST ASIA

This has put immense strain on these organisations, as well as exposing more borrowers to debt. Meanwhile, the region’s MFIs are coming under growing pressure to embrace new ways…

Australian bank crackdown and tighter credit loom

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AUSTRALIA

Westpac is accused of irresponsible lending practices; it denies these allegations.

Crisis will cut profits, add risks for Turkish banks

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TURKEY

It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…

Plan to clear Greek banks’ bad debt looks feasible

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GREECE

Efforts to cleanse banks’ loan portfolios.

Polish banking scandal may lead to more consolidation

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POLAND

Allegations of bribery and corruption against the former chairman of Poland’s Financial Supervision Authority (KNF), the financial sector regulator, have stoked both political and…

Brexit will be damaging for UK-EU services trade

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UK/EU

Even if it succeeds, this will have a greater disruptive impact on the trade in services than goods, because the EU’s single market enables greater cross-border services trade…

Brexit’s impact on the City of London will vary

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UK

The alternative to passporting after Brexit is ‘equivalence’, which would allow EU and UK firms access each other’s financial markets. However, such a regime does have the same…

UK and EU financial reforms will have modest impact

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EU/UK

UK Chancellor Jeremy Hunt unveiled the 'Edinburgh Reforms', which seek to loosen regulations in order to boost post-Brexit growth and innovation. EU reforms include plans to…