Thursday's Headlines: Wall Street's Finding Ways to Make Money Despite Curbs on Risk

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Despite new rules aimed at slowing high-risk trading, Wall Street firms are seeing healthy returns from principal transactions such as equity stakes and takeovers. [FT]

New York's wages rose by 12 percent, reflecting a rebound on Wall Street. [NY Times]

Barclays is having no trouble when it comes to attracting top bankers, and has set aside 1.6bn to cover bonuses, despite tighter rules on payouts. [Independent]

Lloyds Group will eliminate 420 jobs as a result of its closure of its personal finance operation to new customers. [Bloomberg]

Tudor's equities division will launch an energy asset management business. [Financial News]

Royal Bank of Canada continues to expand beyond Canada, doubling the size of its Hong Kong trading floor. [WSJ]

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