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...And while corporates have been the dominant buyers of equities over the past year, there’s $6tn of dry powder sitting in money market funds that could be dislodged by lower interest rates: The S&P 500’s...
...(Financial Times) EU proposals for Libor et al to be unveiled today: “[B]enchmarks that are deemed to be “critical” would be overseen by a college of national supervisors led by the Paris-based European...
...What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
...“House prices have not been impacted as they have in the US,” says Andrew South, an analyst at S&P. “That gives borrowers more refinancing options if they get into difficulties.”...
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