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Lehman Brothers: When the financial crisis spun out of contro

1. Trouble in paradise: For the past decade, a river of easy money rushed into emerging markets. Now that powerful force is reversing. Rising interest rates, along with ...

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Wells Fargo is going backward with thousands of job cuts as JP Morgan and other banks boom

Until now, the biggest U.S. bank by employees had resisted deep job cuts, keeping headcount at about 265,000. In the second quarter, Wells Fargo was the ...

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