Cartoon
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The recent arms race over perks and pay has made the investment banking business more brittle -
China’s move to allow foreign audits of firms sends the right signals, but may well be a disappointment
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Richard of York gave (inflation) battle in vain. Sadly there are unlikely to be any economic rainbows any time soon
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Government makes desperate attempt to boost its coffers as it misses divestment target yet again
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It was the most subscribed covered bond of this size issued since January
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The Philippines and Indonesia break lull, potentially paving the way for IG issuers to sell bonds
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Riskier trades fly after JP Morgan stretches maturities beyond defensive short end
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Making coupon payments is only an attempt to save face
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Indonesian firm braves dizzying ride for global stock markets to kick off IPO
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The central bank likes to be seen as the guardian of markets. Someone should remind Lagarde’s speech writers
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The market ‘lacks conviction’, which should support covered bond supply next week
