Lloyds Banking to acquire Embark group

(RTTNews) – Lloyds Banking Group (LLOY.L, LYG), on Thursday announced plans to acquire Embark Group, an investment and retirement platform company. The acquisition is expected to be completed in the fourth quarter of 2021, subject to regulatory approvals. Embark strengthens the Group’s capabilities to address the attractive mass market and …

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Bosnia introduces prison sentences for genocide deniers

In addition, Belarus continues its crackdown on dissent, Kazakhstan is hit by a spyware scandal, and more. The big story: Bosnia’s top diplomat criminalizes genocide denial What happened: Bosnia’s international watchdog banned genocide denial or glorification of war criminals, like giving their names to streets or public institutions, reports the …

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Big four auditors fail to meet UK regulators’ expectations

Britain’s accounting regulator said audits by the Big Four accounting firms and smaller rivals had fallen short of expectations, raising troubling questions about the financial statements investors rely on. The Financial Reporting Council, which oversees the UK branches of international audit firms, said the performance of Deloitte LLP, Ernst & …

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