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Ten-and-a-half years after the tragic events of 9/11, a new tower on the site this week became the tallest building in New York. One World Trade Center reached 1,271 ft, surpassing the iconic Empire State Building. At the end of last month, Financial News's online editor Darren Lazarus visited the site to witness the progress.

Otkritie suffers defections to rival broker

Otkritie Capital has lost five senior sales and trading staff to rival BrokerCreditServices in recent weeks, as the battle for Russian order flow heats up

Currency trading remains resistant to HFT

Unlike some markets, foreign currency is too broad to become dominated by high-frequency trading, a study has found

Rates and currencies shine at new-look RBS

Royal Bank of Scotland this morning reported maiden results for its Markets business as a standalone entity, with the costs of restructuring the division eased by strong performance on its rates desk

Mark Boleat, a former director general of the Council of Mortgage Lenders, is the new policy chair of the City of London Corporation, after being elected to replace outgoing Stuart Fraser

McDermott taking a tougher line on financial crime

Tracey McDermott, the acting director of enforcement and financial crime at the FSA, tells Financial News about the regulator's crackdown on senior management

Norwegian SWF sells out of GIIPS exposure

The biggest wealth fund in Europe now owns no Portuguese or Irish debt at all and its holdings in Spain and Italy are shrinking

Technology sales have become increasingly important for exchanges as they attempt to diversify their revenue streams away from the traditional primary and secondary capital markets business

The US bank is hoping to entice customers with lower fees when it introduces a new bond-trading platform

BNP Paribas targets growth in flow and US debt markets

Global head of fixed income says eurozone crisis has 'strengthened the rationale' for global expansion into debt capital markets as French bank reports rise in FICC revenues in first quarter results

Bank of America talks deal on ex-broker pay

The bank has held talks with lawyers for more than 1,000 former Merrill Lynch brokers that could lead to a costly settlement

BNP Paribas profit lifted by Klepierre stake sale

The Paris-based lender said it had completed 80% of a restructuring plan intended to distance it from Europe's continuing debt crisis and posted firmly higher first-quarter net profit

Lloyds strengthens Dutch acquisition team

Lloyds Banking Group looks to increase dealflow in the Benelux and Nordic regions after a reshuffle at its acquisition finance unit

The number of portfolio companies sold by buyout firms to strategic trade buyers is on the rise, as 'pass the parcel' secondary deals fall in popularity

RBS posts wider loss as balance sheet shrinks

The part-government-owned bank posted a wider net loss of £1.52bn in the first quarter, as it was hit by an accounting charge and continued to wrestle with losses in Ireland

EBS may scrap extra decimal place on some forex prices

The interdealer broker seeks to repair relations with bank customers in a bid to remain the premier interbank currencies platform

https://www.wsj.com/?type=allesseh_content_full_list

One World Trade Center