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(Reuters) – Britain’s financial watchdog on Tuesday fined the London branch of Australian lender Macquarie Bank 13 million pounds ($16.33 million) for failings that enabled an employee to record fictitious trades and conceal his trading losses between 2020 and 2022.
($1 = 0.7962 pounds)
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Sherry Jacob-Phillips)
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