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Jefferies Group Inc., a New York- based brokerage, said it hired two bankers from Bank of America Merrill Lynch and Royal Bank of Scotland Group Plc for its European credit sales and trading business.
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Britain’s credit rating could be lowered if the new government fails to come up with convincing plans to cut public debt after elections this year, ratings agency Standard & Poor’s said on Monday.
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A company that guarantees federal student loans is arranging free credit monitoring for borrowers after a big data theft.
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TORONTO - Iamgold Corp. (TSX:IMG) has improved its financial flexibility with a new credit agreement that allows the intermediate gold producer to borrow up to US$350 million from its banks.