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Hedge fund manager says investors are underplaying risk and not prepared for an end to banks reversing a five-year experiment in ultra-loose money
Most money is placed in markets by agents acting for the owners and the incentives of these two groups can differ considerably
Goldman Sachs and other investors are eyeing a multibillion pound stock market launch of the corporate pensions insurer Rothesay Life
Barclays, Deutsche Bank, UBS, Royal Bank of Scotland and HSBC will have to set aside an estimated €10bn for litigation in 2014 and 2015 on top of €16.4bn through 2013.
Japan companies doubled their profits last year, but much of these gains are the result of a weaker domestic currency and therefore unsustainable
US stocks struggle at the end of a difficult week as enthusiasm about the latest jobs data is offset by lingering concerns over Ukraine