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Good morning from The Financial Times.
Today is Thursday, September 25th, and this is your FT News Briefing.
A French bank is updating its policy on defense companies,
and U.S. debt investors are worried about lending standards.
Plus, Hong Kong and Singapore want to become hubs for gold trading,
but do they actually have a shot?
I'm Mark Filippino, and here's the news you need to start your day.
BNP Paraba has quietly dropped a pledge to finance controversial weapons
as it tries to boost its work with defense companies.
That's according to people familiar with the matter.
It was part of an update to the bank's defense and security sector policy earlier this year.
Sources told the FT the term controversial weapons,