Paul Moore News
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Former HBOS Plc Chief Executive Officer James Crosby said he will relinquish his knighthood and forfeit part of his pension after lawmakers criticized his leadership of the bailed-out lender.
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Airlines in Europe may need to buy carbon permits or pay fines after data showed the carriers’ emissions in 2012 exceeded their allocation of free allowances by about 30 percent, according to Bloomberg New Energy Finance.
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An internal investigation into allegations by the former HBOS Plc group risk director found “no evidence” that he was fired for raising concerns to senior management about risky sales.
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London risks losing its status as the world’s top financial center as the $360 trillion interest-rate fixing probe follows a series of market abuses by banks that eroded trust in a city already shrinking faster than rivals.
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What, exactly, happened on the day whistleblower Paul Moore lost his job as head of risk at HBOS Plc ? A clear explanation might help avert another financial meltdown, judging from Tim Harford ’s brainy new book, “Adapt.”
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EasyJet Plc, Europe’s second-largest discount carrier, said sales gained in the three months through December as competitors trimmed capacity and the airline added flights to Switzerland and France.
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Former HBOS Plc Chief Executive Officer James Crosby said incompetent lending brought the bank down and apologized to Parliament for its failure.
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EasyJet Plc Chief Executive Officer Carolyn McCall says the U.K. airline is ready to win sales from global clients as pre-booked seats, higher frequencies and deals with corporate bookers consign its no-frills focus to history.
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Airlines including Deutsche Lufthansa AG and British Airways lost challenges at the European Union’s top court over paying compensation to passengers delayed by more than three hours.
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EasyJet Plc tumbled 16 percent, the most in 6 1/2 years, after Europe’s second-biggest discount airline said its first-half loss may double after fuel costs rose and icy weather and strikes caused flights to be canceled.
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