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Big Banks Find Sweet Spot in Higher Rates - WSJ
Rising interest rates from the Federal Reserve have aided the profitability of bank lending units
China injects record $84bn to boost economy and avoid cash squeeze | Financial Times
China’s central bank injected a record Rmb570bn ($84bn) into the country’s banking system via open market operations on Wednesday in the latest effort to boost liquidity and promote increased lending to a slowing economy.
Theresa May’s Brexit suffers historic defeat | Financial Times
Theresa May’s Brexit deal, the product of two years of tortuous negotiations in Brussels, was on Tuesday night overwhelmingly rejected by the House of Commons by 432 votes to 202.