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U.S. stock futures point lower; Bill Ackman concedes his wager on Valeant was a 'huge mistake,' Lululemon shares tumble after the apparel retailer issues a weak outlook.
British and international banks are able to operate across all countries in the European Union without holding individual regulatory permissions. That may change.
The S&P 500 inches higher in mixed trading Wednesday as a rally in crude helps the energy sector.
Banks and other institutions from the U.S and further afield arguably face the greatest difficulty.