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Wall Street may have finally hit rock bottom
Fixed-income trading has been the blight of Wall Street for years — but it may have finally hit a bottom.Five years of declining revenues in fixed-income trading culminated in a horrendous first...
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INVESTOR: Hedge funds are facing their own Uber moment
Hedge funds are getting hit by a double whammy of declining performance and fed-up investors pulling their money.While the first problem may be a function of short-term market troubles, the second...
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The 18 biggest soccer stadiums in the world
Football — or "soccer", depending on where you live — is the most popular sport in the world, so it's no surprise the game is played in some of the biggest stadiums in the world.The largest 18 football...
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CREDIT SUISSE: Investors think central banks have lost their power
Central banks across the world are experimenting with an unprecedented level of monetary stimulus and negative interest rates, ostensibly to boost growth and inflation, and push the global economy out...
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Right now you need help from rich parents to buy a house in Britain and 'it’s...
"The Bank of Mum and Dad" is "a major player" in the UK housing market, according to new research — almost two-thirds of under-35 homeowners had help from parents in buying their property.Insurer Legal...
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Currency traders are no longer worried that Britain will choose Brexit
The pound has erased its losses for 2016, as investors spooked by the fear of Brexit start to see the chances of Britain actually leaving the EU getting less and less likely, making the bearish outlook...
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A management consultant ranked Premiership football clubs on how well they’re...
Southampton is the most well managed team in the Premier League, according to findings by consultancy firm Organizational Maturity Services (OMS).Each Premiership club was ranked based on "its...
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Buying a property in Britain will leave you poor when you're old
Britons are scrimping and saving to get on the property ladder — after all, if you own your own house, then you won't be paying off someone else's mortgage.However, the latest data from the National...
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The 11 most expensive cities to live in Europe
Europe may boast of a number of countries having some of the highest incomes and standards of living in the world but it also proves the most costly.According to Glassdoor's report entitled "Which...
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London fintech startup Nutmeg has a new CEO
Online investment startup Nutmeg has named a new CEO, weeks after reports that the board was looking to replace the company's founder.Nick Hungerford, who cofounded Nutmeg in 2011 and has been CEO...
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These are the 17 toughest business schools to get into in the UK
Business and management degrees are some of the most competitive in the UK, with thousands of students every year trying to get places on a degree course that they hope will eventually lead to a...
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Companies are stuck in a delicate 'balancing act'
Nothing is easy in business, and no one ever claimed it would be.The challenge that companies now face may be a little more difficult than usual, however, according to Mike Thompson chairman of S&P...
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Africa's largest oil producer just took another huge blow to its battered...
Africa's largest oil producer just took another huge blow to its battered economyJoin the conversation about this story »NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the...
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Understand the payments industry in one hour with this report
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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The future of financial services & technology explained
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs.No firm is immune from the coming disruption and...
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The huge 'Panama Papers' data dump is about to drop
The International Consortium of Investigative Journalists is publishing a huge database about how some of the world's wealthiest and most powerful people hide their cash — dubbed the "Panama Papers."On...
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Barclays is resurrecting a risky mortgage product that was killed off after...
Barclays just resurrected a type of mortgage product that was killed off after the credit crisis — "100% mortgages."As the name suggests, a 100% mortgage lets a buyer borrow all the money he or she...
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Bookmakers say Leicester City is more likely to be relegated next year than...
Britain's biggest betting companies are far more optimistic about Leicester City FC's chances next season than they were last year, following the club's shock Premier League win that cost bookmakers...
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The 21 cities where prime property prices exploded the most
Property prices in London have exploded over the last few years but there are a number of cities that are experiencing such a massive surge in growth that they make prices in Britain's capital look...
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Sir Philip Green's Topshop retail empire is actually owned by his wife Tina,...
Retail billionaire Sir Philip Green is at the centre of a row over the collapse of BHS, with MPs calling for him to be stripped of his knighthood, pay the collapsed retailer's pension deficit, and...
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