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Banks are not normally the floggers of kettles and smartphones, duvets and leather shoes. But China Construction Bank, the world's second-largest lender by market value, is undeterred by convention. The Financial Times reports.
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Banks are not normally the floggers of kettles and smartphones, duvets and leather shoes. But China Construction Bank, the world's second-largest lender by market value, is undeterred by convention. The Financial Times reports.
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European investment banks are set to cut their bonus pools in the coming weeks by 20 percent in a move that will exacerbate the pay gap with their U.S. rivals. The Financial Times reports.
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Central banking is in a state of flux as policymakers from Tokyo to Washington ditch prevailing orthodoxies to try to grab a bigger share of a slow-growing global economic pie.
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BlackRock, the world's largest asset manager, has systematically "looted" securities lending revenues from investors, according to a lawsuit filed by two US pension funds.
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LONDON, Feb 3- Central banking is in a state of flux as policymakers from Tokyo to Washington ditch prevailing orthodoxies to try to grab a bigger share of a slow-growing global economic pie.
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London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.
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Yay, 14,000! Now what? Traders are looking for what's out there that could disrupt the bull run to new highs.
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The best time to pick out the losers in your portfolio is during a rally, explains Mad Money host Jim Cramer.
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Is Wall Street streaming Netflix? Netflix makes a big bet on original content, planning to release all 13 episodes of "House of Cards" at one time. Debating the binge strategy, with CNBC's Melissa Lee and the Options Action traders.
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CNBC's Melissa Lee and the Options Action traders discuss the stocks they'll be watching next week.
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Old technology lags financials, consumers and energy. When will tech join the market party? And a discussion about whether Yahoo is the best tech play now, with CNBC's Melissa Lee and the Options Action traders.
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Feb 1- Some Bank of America Corp customers weren't able to access their online banking accounts on Friday because of an internal systems issue, a person familiar with the matter said. Customers logging into Bank of America's website on Friday received a message that said the site was "temporarily unavailable."
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CNBC's Maria Bartiromo discusses the day's top business and financial stories, and looks ahead to tomorrow's Closing Bell.
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Despite gains in 2012, CNBC's Kayla Tausche reports the banks are the worst performing sector since 2007 market highs. AIG was the single worst performer down more than 96 percent.
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Hint: investors got paid a lot of cash at the end of last year.
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Tiger 21 is a group of 200 of some of the world's best and wealthiest investors. Michael Sonnenfeldt, founder of Tiger 21, explains what the wealthy are most concerned about now. CNBC's Gary Kaminsky weighs in.
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Bob Doll, Nuveen Asset Management, is the man who predicted the Dow would hit 14,000. He joins CNBC's "Closing Bell" to discuss where the markets go from here.
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Bill Gross, founder & managing director at PIMCO, is warning investors to be afraid of the flood of cheap money in the system.
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The Dow closed above 14,000 for the first time since 2007. CNBC guests offer their views on the markets and economy. (1:40)
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Long before the Dow hit 14,000, a number of big money managers predicted the rally—and have ridden it to handsome returns.