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It’s safe to assume everyone wants to have a comfortable and secure retirement someday.  This dream is definitely one of the main motivations that we...
Credit Suisse has agreed to pay $885 million to settle claims it mis-sold mortgage-backed securities in the US before the financial crisis

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Credit Suisse has agreed to pay $885 million to settle claims it mis-sold mortgage-backed securities in the US before the financial crisis. The Swiss bank...
Russian stock market fell sharply as investors weighed the impact of western sanctions over Ukraine

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Russian stock market fell sharply on Friday as investors weighed the impact of western sanctions over Ukraine. The MICEX index, which is priced in roubles...
Asian shares fell after the US Federal Reserve hinted that it might raise interest rates as soon as 2015

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Asian shares fell after the US Federal Reserve hinted that it might raise interest rates as soon as 2015. Hong Kong's Hang Seng index officially...
The FDIC has sued 16 banks for allegedly manipulating the LIBOR

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The US Federal Deposit Insurance Corporation (FDIC) has sued 16 banks for allegedly manipulating the London interbank offered rate (LIBOR). The LIBOR rate is used...
Lamido Sanusi caused shockwaves in Nigeria when he alleged that $20 billion in oil revenue had gone missing

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Lamido Sanusi - Nigeria's central bank governor - has been suspended by the president pending investigations into "far-reaching irregularities". Lamido Sanusi caused shockwaves in Nigeria...
Coca-Cola shares saw their biggest fall in two years after the company’s profit fell due to slowing sales in the US and Europe

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Coca-Cola shares saw their biggest fall in two years after the company’s profit fell due to slowing sales in the US and Europe. Coca-Cola's fourth-quarter...
Morgan Stanley has agreed to pay $1.25 billion to settle a lawsuit over the sale of mortgage-backed securities

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Morgan Stanley has agreed to pay $1.25 billion to settle a lawsuit over the sale of mortgage-backed securities. The money will be paid to the...
home insurance

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Tradesman liability insurance is something that every self-employed person must have by law. There are two main parts of this insurance: public liability insurance...

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In 2014, there is a very strong likelihood that the value of the UK real estate market will increase nearly 8%. There were surprise...
Janet Yellen has been confirmed by US Senate as the next head of the Federal Reserve

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Janet Yellen has been confirmed by US Senate as the next head of the Federal Reserve. Fifty-six senators voted in favor of Janet Yellen with...
Latvia became the 18th member of the group of EU states which uses the euro as its currency

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Latvia has joined the eurozone as of 1st of January 2014, becoming the 18th member of the group of EU states which uses the...
As many as 40 million debit and credit cards were compromised during a Target data breach

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JPMorgan Chase customers will be limited to $100 in cash withdrawals and $300 in total purchases per day if they used Chase debit cards...
Global stock markets rallied after the US Federal Reserve's commitment to keep interest rates low offset its decision to taper its stimulus programme

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Global stock markets rallied after the US Federal Reserve's commitment to keep interest rates low offset its decision to taper its stimulus programme. Germany's Dax...
The European Commission has fined eight banks a total of 1.7 billion euros for forming illegal cartels to rig interest rates

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The European Commission has fined eight banks a total of 1.7 billion euros for forming illegal cartels to rig interest rates. The cartels operated in...
Dow Jones index rose above 16,000 points for the first time and the broader Standard and Poor's passed through the 1,800

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Dow Jones index rose above 16,000 points for the first time and the broader Standard and Poor's passed through the 1,800. Traders are optimistic about...
JP Morgan has agreed to pay $4.5 billion to investors who lost money on mortgage-related securities during the financial crisis

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JP Morgan has agreed to pay $4.5 billion to investors who lost money on mortgage-related securities during the financial crisis. The settlement is with 21...
The US government is seeking $864 million in compensation from Bank of America for losses over home loans sold to it by the bank's Countrywide Financial unit

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The US government is seeking $864 million in compensation from Bank of America for losses over home loans sold to it by the bank's...
HSBC has announced a 30 percent profit rise in Q3 2013

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HSBC has announced a 30% profit rise in Q3 2013, boosted by a strong performance in the UK and Hong Kong. Reported pre-tax profit was...
Mizuho Financial has already admitted senior managers knew three years ago it had lent $2 million to Japanese criminal gangs

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Japan's Financial Services Agency (FSA) has decided to inspect three major banks, including giant Mitsubishi, over possible transactions involving yakuza organized crime gangs. One of...
You wll find the best deals on holiday flights when you book in mid-October

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As the holiday season is just few weeks away, now is a great time to start booking that flight or hotel for your Thanksgiving...
JP Morgan has reached a $5.1 billion settlement with the FHFA over charges it misled mortgage giants Fannie Mae and Freddie Mac during the housing boom

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JP Morgan has reached a $5.1 billion settlement with the US Federal Housing Finance Agency (FHFA) over charges it misled mortgage giants Fannie Mae...
Cuba has decided to eliminate its dual-currency system in the latest financial reform rolled out by President Raul Castro

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Cuba has decided to eliminate its dual-currency system in the latest financial reform rolled out by President Raul Castro, official media report. Since 1994 Cuba...
JP Morgan Chase has agreed to pay four regulators $920 million relating to a $6.2 billion loss incurred as a result of the "London Whale" trades

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JP Morgan Chase has agreed to pay four regulators $920 million relating to a $6.2 billion loss incurred as a result of the "London...
Raghuram Rajan unveiled a series of measures aimed at propping up the currency and liberalizing India's banking sector

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Indian rupee and stocks have jumped a day after the country's new central bank chief Raghuram Rajan took charge and promised tough action to...
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