Ryanair loses altitude but O’Leary retains his cheek | Nils Pratley

Last year’s 13% profit margin was pedestrian by Ryanair’s standardsIt was cheeky of Ryanair chief executive Michael O’Leary to declare that full-year profits of €1.02bn (£0.9bn), down 29%, were “as previously guided”. He updates his guidance every few …

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Ryanair loses altitude but O’Leary retains his cheek | Nils Pratley

Last year’s 13% profit margin was pedestrian by Ryanair’s standardsIt was cheeky of Ryanair chief executive Michael O’Leary to declare that full-year profits of €1.02bn (£0.9bn), down 29%, were “as previously guided”. He updates his guidance every few …

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Deutsche Bank staff saw suspicious Trump and Kushner activity – report

New York Times releases explosive report on Russia-linked bankEmployee says ‘nothing happened’ after she raised concernsSeveral financial moves by legal entities controlled by Donald Trump and Jared Kushner between 2016 and 2017 triggered suspicious ac…

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UK banks fined €1bn by EU for rigging foreign exchange market

European commission says decision shows ‘collusive behaviour will not be tolerated’Five banks including Barclays and Royal Bank of Scotland have been fined a total of more than €1bn (£875m) by the European Union for rigging the multi-trillion dollar fo…

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Metro Bank’s attempts to carry on as normal are getting ridiculous

With the bank’s value plunging, fundraising looks tricky and the board’s position ever shakierMetro Bank says its £350m fundraising is “well advanced”, which is not the same thing as being finalised, priced and ready to go. Indeed, the bank’s advisers …

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