Equities
US
Fidelity International's Trevor Greetham has warned the "fiscal masochism" of US and European policies is leading to a new risk of recession and stagflation.
09 August 2011
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Equities
Bank of America's share price fell by 20% as US financials were routed in Monday trading over growth fears and S&P's downgrade of the US credit rating.
09 August 2011
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US
The US was hit with a further blow today as Standard & Poor's warned the economy is unlikely to regain its AAA-credit rating anytime soon.
08 August 2011
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Europe
William de Broë, the private client subsidiary of Evolution Group, has acquired part of the wealth management arm of BNP Paribas.
08 August 2011
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Economics
The European Central Bank said last night it would "actively implement" its controversial bond-buying programme to fight the eurozone's debt crisis, signalling it will buy Spanish and Italian government bonds.
08 August 2011
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