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Situational awareness:

  • Barclays, JPMorgan, RBS, UBS and Citigroup are being sued by investors over allegations they rigged the global foreign exchange market. (Reuters)
  • In one of the largest bank data breaches, a hacker accessed the personal information of around 106 million card customers and applicants through Capital One Financial. (WSJ)
  • Citigroup plans to slash hundreds of jobs across its fixed-income and stock-trading operations over the course of 2019. (Bloomberg)
  • Shares of Beyond Meat fell as much as 14% after the company announced plans to sell an additional 3.25 million shares in a secondary offering, despite strong earnings and quadrupling its year-over-year sales. (Marketwatch)