Lagarde warns EU to speak with one voice
European authorities should stop public bickering and speak with one voice to make the second rescue package for Greece work, warns Christine Lagarde, the new IMF chief
UK banks’ jobs cull intensifies
HSBC is set to cut at least 10,000 jobs as part of an overhaul that analysts say could see up to 30,000 jobs eliminated over time
Debt deal could spur relief rally (Reuters)
Reuters - A $3 trillion deal that U.S. lawmakers could reach to raise the U.S. borrowing limit and avoid default could spur a relief rally in Wall Street stocks and a rise in U.S. government yields on Monday.
Top hedge fund returns elude pensions
A rush into hedge funds in the last decade has produced poor returns for American pension plans, analysis for the Financial Times found
Democrats delay US debt ceiling vote
Senate Democrats delayed a vote to advance legislation to raise the US debt ceiling, giving lawmakers and the White House more time to reach a deal
