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The US economy added 155,000 jobs in December, broadly in line with analyst estimates, as the dollar reached a two and a half year high against the yen.

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The Financial Services Authority (FSA) has fined the Co-operative Bank £113,300 for "serious failings" in its handling of complaints arising from sales of Payment Protection Insurance (PPI).

F&C chairman Edward Bramson has won the backing of investors including George Soros for a new buyout fund that will target a mid-cap UK company.

An online petition calling for Hector Sants' nomination for a knighthood to be withdrawn has received more than 1,000 signatures.

Minutes from the latest Federal Reserve meeting suggesting its quantitative easing programme could end sooner than expected have hit equity markets overnight.

Schroders Private Bank has highlighted the three areas of the market it expects to outperform this year, pointing to Japan, UK property, and commodities as potential winners.

Her Majesty's Revenue and Customs (HMRC) is publishing the photographs of more than 30 of last year's biggest tax cheats as part of a tax evasion campaign.

Wegelin, Switzerland's oldest private bank, is to close permanently after pleading guilty to helping US citizens pay taxes on money held in offshore accounts.