United States

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.

COMMENT

U.S.

THE BIG QUESTION

US banks with Wall Street operations are bracing for a slump in trading profits this year after the third quarter got off to a poor start, with global economic uncertainty and Europe's sovereign debt woes leading to a slowdown in market activity in July....