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Qatar starts legal proceedings against FAB in New York in market manipulation row

The Qatar Financial Centre Regulatory Authority (QFCRA) said on Tuesday it has started legal proceedings in New York to compel First Abu Dhabi Bank to pay $55 million in financial penalty imposed by a Qatari court. The Qatari regulator last year had fined United Arab Emirates’ biggest bank 200 million…

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Click here to read the full story: Reuters

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