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JPMorgan investigating staff and clients over misuse of Covid loans

The bank said it found wrongdoing involving Paycheck Protection, unemployment benefits and other government schemes

Tesla investor says tech stock classifications are pointless — here’s why

The comments come as Tesla stock tanked more than 16% after S&P decided against adding the electric vehicle maker to the S&P 500 index

UK government mulls restrictions and police clampdowns on gatherings of 30 people

The country has seen a spike in Covid-19 cases, with almost 3,000 cases reported on 7 September

Lloyds rapped by watchdog for unfair treatment of Covid-hit firms

SME customers, in particular, were required to open a Lloyds business current account as part of their application process for the Bounce Back Loan Scheme

Goldman Sachs: 10 reasons why the bull market has further to run

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Despite the tech-led stock market falls of recent days, the current rally still has legs, say analysts at the US bank

EU restarts probe into London Stock Exchange-Refinitiv merger

Why one of the world’s largest private equity firms is betting on fintech amid the pandemic

US private equity giant is looking at businesses in fintech, ed-tech, telemedicine and e-commerce

Covid and Brexit cocktail prompt record £1.2bn exodus from UK funds

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The outflows over the three month period exceeded the amount of money pulled from funds in the aftermath of the UK's 2016 referendum vote

Citigroup feuds with hedge funds over botched $900m payment

Bank’s relationship with fund clients unravelled over a dispute about Revlon debt

Barclays makes equity unit co-heads permanent after former boss abruptly left for Citi

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The co-head roles of Todd Sandoz and Paul Leech are now permanent. Barclays had continued to search for a permanent successor to Fater Belbachir, who quit for Citigroup in May

Expect a second wave in the UK, warns WHO expert

The national reproduction rate — or R number — for the pandemic is now between 0.9 and 1.1 in the UK and in London

Biggest UK pension fund tells universities: Act now to halt sixfold spike in retirement bill

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USS has unveiled a series of proposals which it says could trim the scheme’s estimated deficit from a maximum of £17.9bn to a level around £10bn

These stocks are set to benefit from pandemic-related trends

Baillie Gifford’s Jenny Davis considers the risks and rewards of investing during the crisis

UK threatens to walk away from EU trade talks. How serious is it this time?

The prospect of the no-deal Brexit feared by businesses on both sides of the Channel is again becoming a distinct possibility

UK warns EU of alternatives if Brexit talks fail

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Frost said that if the EU can’t agree on the terms ‘in the very limited time, we have left then we will be trading on terms like those the EU has with Australia, and we are ramping up our preparations for the end of the year’

Goldman says the market is flashing a warning signal not seen since dot-com bubble

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This is the highest the volatility gauge has been at a time when the S&P 500 was also at a peak, going back to the turn of the millennium

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