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Bank of England's Prudential Regulation Authority Chief Executive Officer Andrew Bailey denied allegations regarding the central bank condoning the practice of traders sharing impending customers via chat rooms, said a Bloomberg report.

The Wall Street Journal reported that the unusual alliance of the US government and conservative lawmakers indicate a shift in how politics view crime in light of the swelling population in US prisons.

Teo Geok Fong claimed that HSBC Holdings Plc misled her in investing several high-risk assets that resulted to losses, according to her lawsuit filed with the Singapore High Court.