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Metro Bank's 2020 pretax loss widens significantly

5 days 8 hours ago
Metro Bank PLC reported Wednesday a significantly widened pretax loss for 2020 and said it expects to book a significant credit loss linked to the coronavirus pandemic. The U.K. retail bank posted a pretax loss of 311.4 million pounds ($439.5 million), compared with a loss of GBP130.8 million for the year-earlier period.

Hong Kong slaps 30% tax hike on share trading

5 days 8 hours ago
Hong Kong moved unexpectedly to raise taxes on share trading by 30%, putting a damper on the city's stock-exchange operator just as it was unveiling record annual sales and profits. A surge in trading and new listings has buoyed Hong Kong Exchanges and Clearing Ltd., which has grown to become the world's largest exchange operator based on its own market valuation, and the fourth-biggest by value of companies listed on its exchange.
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13 minutes 17 seconds ago
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