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Top News In Finreg Today - Breaking & Trending Today

HSBC, StanChart face pressure from Hong Kong to take on crypto clients - FT

HSBC and Standard Chartered are among lenders facing pressure from Hong Kong's banking regulator to take on crypto exchanges as clients, the Financial Times reported on Thursday, citing three people with knowledge of the matter. ....

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SocGen announces agreements to sell Africa subsidiaries

Societe Generale has agreed to sell some of its businesses in Africa in a first move by the French bank's new CEO to sharpen its use of capital. ....

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Credit repairer PGX begins bankruptcy with $12 mln loan

Credit repair company PGX Holdings Inc was approved for a $12 million bankruptcy loan on Tuesday, which it will use to auction its assets after the U.S. Consumer Financial Protection Bureau successfully challenged its billing practices. ....

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Coinbase execs defend platform, call for clear crypto rules

Coinbase Chief Executive Brian Armstrong on Wednesday hit back at the U.S Securities and Exchange Commission (SEC) Chair over the agency's lawsuit against the crypto exchange, calling him an "outlier," while also reassuring customers that their funds were safe. ....

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Analysis: Egypt faces external debt reckoning after borrowing spree

Egypt faces an increasingly tough task raising cash for foreign debt repayments after external borrowing quadrupled over the past eight years to help fund a new capital, build infrastructure, buy weapons and support an overvalued currency. ....

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