United States

The asset management division of US banking group Wells Fargo is making its US-domiciled emerging markets fund available to UK investors as a Luxembourg Sicav.

Bank stocks rally post-Basel III was symptom of short-term relief, but may not be sustainable

Long the Western bond markets…for the time being

Renowned fund manager Bill Miller of Legg Mason says after years of underperformance, the current market represents a "once-in-a- lifetime opportunity" to buy US large caps at a significant discount.

CRAWFORD ON BUFFETT

The game of 'chicken' being played out by US politicians could increase the risk of a double-dip recession, Bank of America warns.

Worse-than-expected economic data from the US last week reignited fears of a double-dip recession, but managers are cautiously optimistic the economy will remain supportive of global growth.

U.S.

NORTH AMERICA

Barclays Bank violated US sanctions in dealings with Cuba, Iran, Libya, Sudan and Burma, court papers have revealed.